article thumbnail

Strategy Roundtable: Spotlight On Jacksonville, Florida

ReadWriteStart

Eric has done some technology scouting, and believes he can deliver on the specs of the product. The problem, however, is that he is assuming that an investor would fund the product development. Even seed investors generally fund businesses that are already rolling. Investors rarely fund concepts.

article thumbnail

It’s Not a Conversion Problem, It’s a Customer Development Problem

conversionxl.com

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. Pivot the product entirely.

article thumbnail

Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “product development” eg new social media website project? Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. Listen to it.