In the fast-paced world of product development, the Minimum Viable Product (MVP) is key to testing ideas quickly and efficiently.Designers focus on creating an MVP that balances usability and feasibility, with a goal of learning from real users as fast as possible.Key elements of an MVP include being minimum, viable, and a real product that users can interact with.An example of a successful MVP is Dropbox, which tested demand for their product through a demo video and gained thousands of sign-ups.