SAAS
MVP

The Ultimate Guide to Building an MVP in 2024

Sachin Rathor | CEO At Beyondlabs

Sachin Rathor

30 Jun 2025

7 min read

Dashboard mockup showing MVP progress tracking with two people holding tablets, Beyond Labs

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Summary

Let me take you back to a conversation I had with my friend Priya in a tiny coffee shop in Bangalore.

She was bubbling with excitement. “I have this idea,” she said, her eyes shining. “It’s like Airbnb, but for creative workspaces in small towns.”

“That sounds amazing,” I replied. “So, are you building the app already?”

She sighed. “Not yet. I don’t even know where to start. Developers are quoting $30K. What if no one even wants it?”

Sound familiar?

If you have a brilliant startup idea but feel paralyzed at the thought of building a full product, relax. What you need isn’t a giant investment or a 10-person dev team. You need a Minimum Viable Product (MVP).

What Exactly is an MVP?

Think of an MVP as a stripped-down version of your product that delivers just enough value to your early users. It helps you validate whether people actually want what you’re building. By offering a working prototype or even just a simulation of the final product, you open the door for real feedback. It’s the difference between dreaming and building.

Take Dropbox for example. The company didn’t start by coding a fully functional file-sharing system. Instead, they created a short video explaining the concept and observed how many people signed up to learn more. That was all the validation they needed to get started.

Then there’s Airbnb. The founders simply rented out their apartment during a local conference when hotels were overbooked. They learned from that first interaction and iterated based on feedback. It wasn’t fancy. It was real.

And Zappos? Nick Swinmurn tested demand by taking photos of shoes from local stores and listing them online. He didn’t stock inventory at first. When someone placed an order, he went to the store, bought the shoes, and shipped them himself. Low-tech, high-insight.

Clarifying the Core Value

Every strong MVP starts with clarity. You must know the problem you’re solving. Not kind of. Not vaguely. Crystal clear.

Think about the pain points your potential users face. Not just the ones they complain about, but the ones they are willing to pay to solve. That’s where the gold is.

When Priya and I brainstormed her idea further, she realized her target audience wasn’t just artists looking for cool spaces. It was remote workers in tier-2 cities who felt isolated and craved creative energy.

So we boiled her MVP down to one thing: a website that matched people with short-term creative workspaces near them. No complex search algorithm. No booking system. Just a landing page with a simple listing and contact form.

Do Your Homework First

Many entrepreneurs make the mistake of building before validating. The truth is, you can learn a lot before writing a single line of code.

Priya sent out a survey to coworking communities and creative groups. She asked about their biggest challenges, how often they moved around, and whether they’d pay to access a curated space. She even posted on Reddit and got valuable insights within hours.

Then she built a basic landing page using Carrd. She collected emails from people who were interested. After getting 300+ signups in a week, she knew she was onto something.

Picking Features Without Getting Lost

When you’re passionate about your idea, everything feels like a must-have. But if you try to build everything, you end up with a bloated, confusing product that no one understands.

The MoSCoW method helps you draw the line. Priya and I sat down and listed all her features. Then we divided them into four buckets: Must Have, Should Have, Could Have, and Won’t Have (for now).

The “Must Haves” were the lifeblood of her MVP: basic listings, a simple search filter, and a contact form. Everything else—from user reviews to loyalty rewards—was shelved for later.

Choosing the Right Tools

Building an MVP in 2024 is easier than ever. You don’t have to know how to code. You just need to know where to look.

For web-based MVPs, tools like Bubble and Webflow let you drag and drop your way to a functional product. If you need mobile capabilities, Adalo and FlutterFlow are solid bets.

When it comes to databases and backend, Firebase and Supabase are beginner-friendly yet scalable. You can set up user authentication, real-time data, and more—without needing a backend engineer.

For hosting, services like Vercel and Netlify offer fast, reliable deployments. You can connect your domain and push updates in minutes.

Bringing It to Life

Now comes the exciting part—building.

Priya chose Bubble. She followed tutorials on YouTube, joined no-code communities, and worked on her MVP every evening after her 9-to-5 job. Within three weeks, she had a functional app that looked polished and worked across devices.

Total cost? Less than $1,000.

Contrast that with the $30,000 quotes she got from dev agencies. The no-code route empowered her to stay lean, build fast, and remain in control.

Share, Learn, Repeat

You don’t need a perfect product. You need real users.

Priya shared her MVP with a small group of testers from her email list. She got honest feedback about what worked and what felt clunky. Some suggestions surprised her. Others confirmed her assumptions. But every piece of feedback moved her closer to a better product.

She used Hotjar to understand how people interacted with the site and Google Analytics to track traffic sources. It was her first real taste of product iteration, and she loved it.

“If you’re not embarrassed by your first product, you’ve launched too late.” - Reid Hoffman (LinkedIn founder)

MVP Cost Breakdown (2024)

MVP development cost estimate chart for 2024 by Beyond Labs

Pro Tip: If you’re tight on budget, go the no-code route first.

Common Mistakes to Avoid

Overbuilding is the most common pitfall. Many founders want to add “just one more feature” before launch. But that delays feedback and wastes time.

Another trap is ignoring user feedback. Even if you love a feature, if your users don’t need it or use it, it’s noise.

Finally, don’t fall in love with your idea. Fall in love with the problem you’re solving. Be ready to pivot based on what the market tells you.

Final Words: Start Now, Start Small

Building an MVP in 2024 is a superpower. With the right mindset and tools, you can validate your idea, gather real feedback, and build something that matters—without breaking the bank.

Priya’s story isn’t unique. It’s just one of many. But it’s proof that you don’t need permission, venture capital, or a CTO to start. You just need commitment, curiosity, and a willingness to learn as you go.

Take the first step. Build your MVP. The rest will follow.

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