The document discusses what a minimum viable product (MVP) is and why and how to build one. It defines an MVP as the simplest version of a product that allows customers to be tested with minimum effort. Building an MVP focuses development on the core idea, allows for early testing and feedback, takes less time and resources. The document provides tips for building an MVP such as building less features, fixing budgets/time while flexing scope, releasing something daily, and breaking work into small tasks. Examples of successful MVPs from companies like Facebook, Dropbox, Amazon are also included.