Is Iterative Development the New Black of Startup Development?

The idea of iterative development is that instead of consecutive development, the whole lifecycle is divided into several iterative chunks. With every iteration, a system component is developed and updated.

Imagine if you were the first person to invent the bicycle. While the idea of a two-wheel mechanism seems exciting, you are not sure how it should look like and work, or what value it will bring to users’ lives. So, where to start?

Iterative development is an effective development model when used in the right project. This approach suits projects such as:

• Development of MVP versions for the purpose of finding the product-market fit;
• Early-stage startups, where the product’s vision is not defined yet;
• Projects where there is a need to learn the user's wants and needs.

Iterative development can help projects that require validating the product’s idea and vision. Thanks to the iterative methodology, you can discover the product insights that can transform your product's concept.