Realistic Strategies For Funding Product Development

Startup Professionals Musings

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology.

How Startups Can Keep Product Development Lean

YoungUpstarts

by Steve Owens, Founder and CTO of Finish Line Product Development Services. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. Reducing product turn time.

10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. development costs new venture research valley of death

5 Simple Ways (And Tools) To Improve Product Development

YFS Magazine

As with product development of any kind, process design is often the most difficult (yet most valuable) part of your project. Grow Marketing & Sales marketing product development software development

[Interview] Robert Morton, Toronto Business Leader and Former Home Capital Executive On New Product Development

YoungUpstarts

New product development is an essential part of the entrepreneurial landscape. For companies of all sizes, from big corporations to small businesses, new product development is crucial. New products help companies continue to grow, thrive and generate revenue.

Bringing Marketing and Product Development Together

Duct Tape Marketing

Bringing Marketing and Product Development Together written by John Jantsch read more at Duct Tape Marketing. On this episode of the Duct Tape Marketing Podcast, I visit with author and product and marketing executive Jill Soley. Order your copy of Beyond Product.

Student Entrepreneur Pursues Product Development

The Entrepreneurial Mind

Tweet Facebook LinkedIn Tumblr Stumble Digg Delicious The post Student Entrepreneur Pursues Product Development appeared first on Dr Jeff Cornwall The Entrepreneurial Mind : Grace McCaw- McCaw Industries.

For the sake of productivity, developers need to learn to say “no”

The Next Web

Whoever coined the mantra ‘The customer is always right’ has never tried to undertake development tasks for clients with grandiose ideas, but zero technical background.

The Product Development Model « Steve Blank

Steve Blank

This product development diagram had become part of the DNA of Silicon Valley. Were startups failing because of product failures or was there some other failure mode? That’s in stark contrast to the traditional Product Development Model where it’s expected a customer is already there and waiting and it’s simply a matter of [.] Reply Best books for the lean product managers — Justin Gibbs , on April 28, 2009 at 2:44 pm Said: [.]

Transcript of Bringing Marketing and Product Development Together

Duct Tape Marketing

Transcript of Bringing Marketing and Product Development Together written by John Jantsch read more at Duct Tape Marketing. She is a Silicon Valley based strategic product and marketing executive, happens to be the Chief Product Officer at a project management tool called Obo.

How to get more from your product development teams

The Next Web

This post is brought to you by Jama Software – reinventing product delivery by changing how products are conceived, built and launched. When you’re managing product development for large, complex organizations, employee engagement can be a major challenge.

Eric Ries and Kent Beck Discuss Product Development

Startup Lessons Learned

On November 14 (that’s this Thursday) at 1p PT, Eric Ries will speak with Kent Beck, a creator of Agile software development, about facilitating the work of engineers and product teams. This Thursday’s webcast will get to the heart of how product groups work—and how they can work better. But it’s not easy to implement this kind of approach, and product groups using fast iteration will need different structures and practices than those working in long-release cycles.

The Importance Of Concept Design To The Product Development Process Of Businesses

The Startup Magazine

Before we delve into the importance of concept design to the product design and development process of businesses, it is imperative that we define it first. Hedges calls concept design as the initial big picture of your product.

Top 5 Product Development Faux Pas in Startups

Austin Startup

This part of the planning process is not about your idea or product, it’s about solving a problem AND satisfying a customer’s need. and “Why they would buy your product?” The biggest thing to remember here is that your customers do not exist to buy your products, you exist for them.

Lessons Learned: Product development leverage

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a force that allows startups to build products at parity with much larger companies - cheaper and much faster. In the end, I believe they co-created our product with us.

How My 5 Question Survey Saved Me Time And Resources In Product Development

Entrepreneurs-Journey.com by Yaro Starak

The Great Money-Making Idea Since I was satisfied with the level of traffic I was getting, and with the amount of value I was able to share with the world, it was time to take it to the next level – releasing a paid product.

Thoughts on scientific product development

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific product development I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific product development. By embracing a scientific approach to product development, not only will your business have a much higher probability of success, but it will also be a more fun and creative place to work. By starting a new product off with as few features as possible (1?),

How To Streamline Your Product Development Process

Street Smart Product Manager

By Emily Hunter Many businesses are sustained and driven by product development. From small businesses to multinational corporations, the creation of new products is vital to market survival, especially in a world where trends, likes, and dislikes appear to change on an almost daily basis. Because of the swiftly changing market, many businesses have looked … Continue reading How To Streamline Your Product Development Process.

Facebook and product development

BeyondVC

In addition, there are many factors that go into the release of a new product that includes fixing bugs, soliciting customer feedback, responding to competition, and adding new features that will maintain a company’s technological lead in the market. Deitch said Facebook’s feedback from users comes in the form of emails to its customer-service email address, which the company’s product-development team reviews weekly.

Are Your Customers Part of Your Product Development Team?

Small Business Force

Most companies develop products that they either "think" their customers or market need or they let their ego believe that they "know" what their customers want because they, themselves, would use their product. Just frank, open discussion about current and future products.

This Is How Founders Achieve Product-Market Fit

YFS Magazine

To get a better grasp on the practical application of product-market fit, let's take a look at how founders achieved it rather quickly for their startups. Plan product development product market fit starting a business

Socialware Bolsters Leadership Team With New Vice President of Product Development

Austin Startup

Social media compliance and marketing experts Socialware today announced Matt Roberts has joined the company''s leadership team as Vice President of Product Development, reporting to CEO Ken Naumann. Enterprise socialware

4 Practical Ways To Improve Your Online Courses And Training

YFS Magazine

Grow Marketing & Sales employee training online courses online learning online training product developmentOnline education comes with many benefits, but one of the greatest objections to e-courses and employee training is "but what about the practical training?".

How To Find The Right Manufacturer For Your Product Idea

YFS Magazine

Operations Plan manufacturing product design product development supply chainFinding the right manufacturing partner is one of the most important decisions a startup can make. Here are four tips to help you get started.

Features vs. Benefits: What Do B2B Customers Care About Most?

YFS Magazine

Market your product in a way that a B2B customer not only considers it the only logical choice, but also sticks to their decision in the future. Grow Marketing & Sales b2b marketing online marketing product design product development

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3 Ways To Create Passive Income For Your Business

YFS Magazine

Finance Grow affiliate marketing cash flow money p2p lending passive income product developmentWhen your primary business interest has a bad month, passive income very well may save your company from financial ruin.

Why Successful Product Management Involves More Than Spectacular Specs

YoungUpstarts

In 2013, I left a CTO job overseeing a 50-person product engineering team for the same job at a four-person startup. Great product teams need vision, experimentation, competitive analysis, and a deep understanding of the pain points they’re trying to eradicate.

Lean & Startup Patterns – Interview with Sam McAfee

Grasshopper Herder

Q: What are the differences between Agile Software Development and Lean Software Development? A: At the highest level, the difference between Agile and Lean software development is mainly […]. Lean Startup Teamwork & Leadership lean manufacturing lean product development lean startup(Sam McAfee is the Chief Technology Officer of POPVOX and author of Startup Patterns. I reached out to chat about his approach on Lean, startups and teamwork.

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Is Product-Market Fit The Only Thing That Matters?

YFS Magazine

When we talk about product-market fit, it's not just this ever elusive mix of favorable market conditions and the right audience. Plan customer validation market demand market research product development product market fit starting a business

Essential Development Questions for Startups: The Questions Founders Need to Answer for Product Development, Web Strategy, Marketing, and More

Early Growth Financial Services

Many of these founders have talked with several developers or development firms about their plans. Still, if you’ve not heard these questions from a developer, they are not helping you as much as they should.

3 Reasons It’s Smart To Prototype Your Product

YoungUpstarts

Named after the French word for “model,” Maquette uses VR to allow product developers to create prototypes in three dimensions instead of relying on two-dimensional representations. Here’s a closer look at three reasons prototyping your product is the smart way to go.

Skybell Co-Founder Reveals How To Launch And Ship Products In Record Time

YFS Magazine

Many people told us it couldn’t be done: inventing, creating and shipping an award-winning product in seven months – especially with only $100,000 in initial funds. Launch product development Product Launch starting a business

If You’re Not Selling ‘This’ You’re Leaving Money On The Table

YFS Magazine

Grow Marketing & Sales business ideas consulting product development solopreneur solopreneurshipWhen your 16-year-old son inquires on the availability of an old couch in the basement, you know you’re in trouble.

10 Signs You Have What It Takes To Be An Inventor

YFS Magazine

Plan creativity innovation Intellectual Property invention inventors patents product development starting a businessWhat differentiates those who do have the bones of an inventor from us regular people? See if you’ve got what it takes to invent.

Startya Helps You Build Your Idea For A 30% Stake In Your Company

YoungUpstarts

Perhaps you’re an aspiring technology entrepreneur with a great idea of a product you believe would take off, but due to the lack of technical knowledge or funds have no way to turn your business idea into reality. With funds you could maybe even consider outsourcing the development.

6 Steps To Fund Your New Idea

YoungUpstarts

Instead of trying to cut corners, I created a business plan with help from the entrepreneurial group Futurpreneur and secured $45,000 in loans the Business Development Bank of Canada. by Chris Prendergast, inventor of Jamstack.

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How To Develop A Great Product That Will Sell

YoungUpstarts

It makes sense that if you want to have a great company, then you need to have great products. However, some business owners think that if they do enough marketing, any product can sell. It is important to make the quality of your product your main concern.

5 Tips For Turning Your Inventions Into Marketable Products 

YoungUpstarts

Spend hundreds of hours developing your gizmo to make sure it works perfectly? Many people don’t thoroughly investigate the challenges of bringing the product to market before devoting endless hours to an invention that has no market appeal.

The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Every startup has some methodology for product development, launch and life-cycle management. Yet at the end of the day even with all these processes 9 out of 10 of new products are failures.

Five Rules for Making Products That Sell Themselves

YoungUpstarts

by Dan Adams , president of Advanced Industrial Marketing and author of “ New Product Blueprinting: The Handbook for B2B Organic Growth “ Right now our economy and our nation feel anything but business-friendly. Don’t just identify products that look like yours.

The Big Mistake People Who Have Never Made Money Online Fall For Over And Over Again

Entrepreneurs-Journey.com by Yaro Starak

Blogs & Blogging Business Strategy Entrepreneurship Internet Marketing Fundamentals Make Money Online Marketing, Business & Entrepreneurship common business mistake how to sell marketing a product new business product development startup

How To Get More From Your Development Team

YoungUpstarts

Your development team is critical to the success of a business, especially if you’re selling a digital product. If you’re ready to be a better leader, and get more from your development team, keep these three simple ideas in mind. Learning is critical for your development team.

Tailoring Your Products And Services To Your Customers

YoungUpstarts

We want to work in an area that we’re interested in, creating products and offering services that we’d invest in ourselves. There are both direct and indirect ways that you can ensure your products are perfect for your target consumer audience.