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10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

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Innovation, Change and the Rest of Your Life

Steve Blank

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted.

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8 Strategies To Capitalize On Untapped Global Markets

Startup Professionals Musings

The idea is to build excellence in one area, and get the rest from the ecosystem. In other parts of the world, innovators often need to develop both the ultimate product or service, as well as the enabling infrastructure that underpins it. Assemble a distributed A-team from top world talent.

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How To Prevent Gaps in An Innovative Startup Strategy

Startup Professionals Musings

Product development chasm. Another common chasm is never-ending product development. Focus is required to resist adding a few more neat features, made possible by the new technology, which in fact make the product more complex to use, impossible to test, and very expensive in time and cost.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

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8 Keys To Real Innovation Outside of Silicon Valley

Startup Professionals Musings

The idea is to build excellence in one area, and get the rest from the ecosystem. In other parts of the world, innovators often need to develop both the ultimate product or service, as well as the enabling infrastructure that underpins it. Assemble a distributed A-team from top world talent.

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Why It Pays To Focus Your Business On A Narrow Niche

Startup Professionals Musings

Product development chasm. Another common chasm is never-ending product development. Focus is required to resist adding a few more neat features, made possible by the new technology, which in fact make the product more complex to use, impossible to test, and very expensive in time and cost.