The MVP (Minimum Viable Product) and Lean Startup are both business methodologies, but they focus on different aspects. The MVP approach is about building a product with the minimum set of features to satisfy early customers and provide feedback for future product development. It's about learning what your customers really want and avoiding waste. On the other hand, Lean Startup is a broader methodology that encompasses MVP. It's about creating a sustainable business model and continuously iterating on it based on customer feedback. It involves validated learning, innovation accounting, and build-measure-learn feedback loop.
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