Product Development
By: A Staff Writer
Updated on: Oct 23, 2024
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.