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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.

Prioritize Product Development by the Four Stages of Use

Instigator Blog

When prioritizing feature development I like to think of a product in four pieces: Ongoing Engagement, Onboarding, First User Experience and Marketing/Growth. These are actually the steps a user goes through during their lifecycle with your product (listed in reverse). Think of your product less in terms of features and more in terms of the […]. Product Management

Data is an Input and a Filter into the Product Development Process

Instigator Blog

data analysts, scientists, product managers, etc.) Recently I spoke at CrunchConf in Budapest. It was a great experience. The conference is fantastic for people interested in data (e.g. Having said that, I’m not a data scientist. I don’t spend the bulk of my time storing, organizing and sifting through data. I’m not smart enough for […]. Lean Analytics

The Principles of Product Development Flow

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G.

Make The Best Decisions During Product Development

Inc Startups

Product development is a dangerous time for early startups. There are a lot of chances to make company killing decisions. This is how you survive

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.

Kathy Sierra: Building the minimum Badass User, Business of Software. A masterclass in thinking about software product development.

Business of Software Blog

Not only some of the smartest advice anyone has given about how to approach software development, there is also a trick that is guaranteed to make you feel more confident, more powerful and more in control of what you do. So everyone starts out with this some variation of this: we want our product to be desirable. Because the world is full of “Great product; didn’t sell.” And this is true even for companies where the product actually costs a lot of money.

How Hands-On Should CEOs Be With Product Development?

Inc Startups

Some Apple employees say Tim Cook is less hands-on in developing products than his immortal predecessor. It shouldn''t matter

4 Myths Debunked About Outsourced Product Development

Inc Startups

If you think outsourced product development could compromise quality or IPR, you're far from the truth. Don't fall for the hearsay

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.

When I built products the stupid way

Street Smart Product Manager

The post When I built products the stupid way appeared first on Street Smart Product Manager. New Product Development Product Development Product Management agile innovation leanIn 2007, ProductRepair (name changed), a market leader in its industry, was facing some serious threats: A rapidly maturing business. New “digitally native” entrants with greatly enhanced data collection abilities.

No, I Can’t Give You A Roadmap For Our New Product (Yet)

Street Smart Product Manager

A fellow product manager that’s working on a new product idea recently wrote to me: “Common feedback I receive from our our engineers and executives is they don’t have a good grasp of the product vision. The post No, I Can’t Give You A Roadmap For Our New Product (Yet) appeared first on Street Smart Product Manager.

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

MVP Is Not The Smallest Collection Of Features You Can Deliver

Street Smart Product Manager

As product people in the non-startup world familiarize themselves with Lean Startup concepts, there’s a lot of discussion and confusion about what is and isn’t an MVP. The post MVP Is Not The Smallest Collection Of Features You Can Deliver appeared first on Street Smart Product Manager. Worse, many execs and CEOs have latched on to the term without really understanding what truly constitutes an MVP — in effect, they use it as a buzzword, and as […].

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.

RIP PRDs. Long Live “Agile Conversations”

Street Smart Product Manager

Many of my free product help calls are about ways to pursue customer development and gather VOC, bootstrap new product efforts, and apply lean principles to product management activities. Long Live “Agile Conversations” appeared first on Street Smart Product Manager.

Agile 31

Demystifying consumer hardware product development

VentureWoods

While there is a great deal of excitement generated by new consumer products – smart glasses, activity trackers, smart watches, arm bands and companies that make them – jawbone, google, square, leap motion, etc, entrepreneurs and investors still are shy of venturing into the space.

The Keys To Productive Brainstorming

Street Smart Product Manager

In fact, doesn’t “brainstorming meeting” … Continue reading The Keys To Productive Brainstorming. The post The Keys To Productive Brainstorming appeared first on Street Smart Product Manager. New Product Development brainstorming creativity innovationLet’s face it: brainstorming has gotten a bad rap. And deservedly so. How many of us have been part of a “brainstorming meeting” that turned out to be a total waste of time?

10 Things To Do To Appear ‘Innovative’

Street Smart Product Manager

I’ve worked at such companies, and I’ve helped many product managers working at such companies through my free product help calls. As such, I’ve seen companies that are actually trying to be innovative, and those that seem more … Continue reading 10 Things To Do To Appear ‘Innovative’ The post 10 Things To Do To Appear ‘Innovative’ appeared first on Street Smart Product Manager.

Do You Have A Problem Worth Solving?

Street Smart Product Manager

In order to pursue any product idea — a new product, or a new feature for an existing product — you must make sure it’s a problem worth solving. appeared first on Street Smart Product Manager. Business Cases Lean Startup New Product Development Product Development Product Management business case market sizing market validation validated learning

MVP Is Not The Smallest Collection Of Features You Can Deliver

Street Smart Product Manager

As product people in the non-startup world familiarize themselves with Lean Startup concepts, there’s a lot of discussion and confusion about what is and isn’t an MVP. The post MVP Is Not The Smallest Collection Of Features You Can Deliver appeared first on Street Smart Product Manager. Worse, many execs and CEOs have latched on to the term without really understanding what truly constitutes an MVP — in effect, they use it as a buzzword, and as […].

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.

10 Things To Do To Appear ‘Innovative’

Street Smart Product Manager

I’ve worked at such companies, and I’ve helped many product managers working at such companies through my product help calls. The post 10 Things To Do To Appear ‘Innovative’ appeared first on Street Smart Product Manager. Enterprise New Product Development Organization corporate innovation enterprise innovationBeing “innovative” is all the rage nowadays.

The Most Important Thing You Need For Your Product To Succeed

Street Smart Product Manager

Have you ever felt like there is no clear direction for your product? That your product can do a lot of things, but it’s hard to articulate exactly what it does in just a few short sentences? Maybe your product is trying […].

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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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.

The Curse of Knowledge in Product Design

Instigator Blog

(Powered by LaunchBit ) You know your product best. You know what’s coming next in the product roadmap. Startups are often struck by the Curse of Knowledge, specifically when it comes to product design and development. It becomes so easy to design products based on our own expertise (in those very products) and ignore the fact that we’ve stopped designing with our customer top of mind. Product Management product design product development

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.

The Top Strategies For Doing Customer Interviews That Get You Real Insights

Street Smart Product Manager

We all know a core responsibility of a product manager is to constantly and consistently bring in the customer perspective into the business. That means the ability to effectively interview customers is a critical skill for every product manager.

Why There Will Never Be Another Red Hat: The Economics of Open Source

Peter Levine

As revenue began to roll into Red Hat, a race began among startups to develop an open source offering for each proprietary software counterpart and then wrap a Red Hat-style service offering around it. Product roadmaps and requirements are often left to a distributed group of developers.

The Dirty Dozen Product Roadmap Roadblocks

Street Smart Product Manager

In my last post on defining an MVP in corporate innovation, I talked about how best practices in garnering stakeholder buy-in for product roadmaps espoused by Bruce McCarthy can be used as a framework for the same when defining an MVP in an “internal” startup product. The post The Dirty Dozen Product Roadmap Roadblocks appeared first on Street Smart Product Manager.

Bootstrapping A Startup Product In Your Company

Street Smart Product Manager

Many of my product help calls are from folks frustrated with being able to pursue a new product in an existing company. As painful and frustrating as it is, many successful product people I’ve met have […].

Do More Faster Top 12 Tips At RailsConf 2012

Feld Thoughts

If you are a developer, I encourage you to carve out an hour and watch TechStars CEO David Cohen’s presentation at RailsConf 2012 (30 minute presentation and outstanding 30 minutes of Q&A). Product developers do more faster product railsconf TechStars

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.

Woulda-Coulda-Shoulda Innovation

Gregg Fraley, Author of Jack's Notebook

The top person chooses one or more of the pitched ideas to put into the product development pipeline for introduction. Time to Plan for 2016 Innovation Now.

3 Tips To Overcome Go-To-Market Obstacles

YoungUpstarts

Most entrepreneurs expect obstacles on the path to bringing a product or service to market, but they might not know how to push past that final roadblock. Confirm your product or service works. Do people believe your product or service works?

Validate Your Product Idea In 5 Steps

Street Smart Product Manager

The post Validate Your Product Idea In 5 Steps appeared first on Street Smart Product Manager. Business Cases Enterprise Lean Startup New Product Development Product Management Startups business case Product Manager startup product validated learning

Piggyback and Steal: Startups Need to be More Parasitic (In a Good Way!)

Instigator Blog

During the podcast I was talking to Frederic Guarino about how often startups build their products atop one single platform (such as Facebook or Twitter). If the fastest way to build a product, learn and iterate is by piggybacking on a big platform, it makes sense to do so. Tweet.

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

Reward Early Feedback With Features

Feld Thoughts

I’ve invested in hundreds of companies that have started from scratch and I’ve been though some crazy number of product launches, especially if you include all of the TechStars companies I’ve been involved with. launches are exciting moments as they signify the transition from an idea to a product. You spend all of your time trying to get some people to use your product. In addition to making your product better, this does two powerful things.