Hypotheses are assumptions you and your team has about your product, customer and business model. Through hypotheses testing you have a structured approach to validate your assumptions. During the Lean Startup approach this helps you to test your product as early as possible and learn as much as possible.
The Minimum Viable Product means doing “the smallest thing possible to learn [something]” (Maurya, 2012), a version of the product that has just enough features to be released. Or in other words, building an MVP means getting the highest return-on-investment in the form of learning. We have also prepared some more questions for you below.