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Product Development

Product Development

By: A Staff Writer

Updated on: Oct 23, 2024

Product Development

Build What People REALLY Want

Too many startups build in a vacuum, then wonder why no one buys. Don’t be that guy.

  • Customer Obsessed: Interview potential customers before you even sketch an idea.
  • MVP Mindset: Minimal Viable Product – get early feedback to avoid overbuilding the wrong thing.
  • Pain Points > Cool Features: Solve a genuine problem in a way that’s better than the competition.
  • Don’t Reinvent the Wheel: Can you repurpose existing tech, or partner, to get to market faster?
  • Feedback is Your Fuel: Closed beta tests, focus groups, etc., uncover potential flaws early.
  • Iterate, Don’t Stagnate: The first version won’t be perfect. Embrace continuous improvement based on user data.

Customer-centric product development minimizes risk, maximizes ROI, and builds a loyal fan base.