article thumbnail

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. Extending the runway. The Lean Start-Up Environment.

article thumbnail

Product Development Improvements That Are Shaping The World

The Startup Magazine

Product development involves the creation or modification of a product, satisfying a market niche or newly defined customer. Now more than ever, plastics are very useful in product design because there are a lot of benefits of using plastic. The process can be a critical part of product development.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Realistic Strategies For Funding Product Development

Startup Professionals Musings

These days, almost every new product is not deemed scalable until it has been certified as meeting a multitude of quality and agency standards, including the Environmental Protection Agency (EPA), Food & Drug Administration (FDA) and Underwriters Lab (UL). Expanding the product line. Specialized VCs start to jump in at this stage.

article thumbnail

[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. Why would a company want to introduce a new product?

article thumbnail

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.

article thumbnail

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.

article thumbnail

For Startups, Software Team Extension Solves Product Development Challenges

YFS Magazine

If you need highly-skilled developers for your next software project, discover key benefits of leveraging a software team extension.