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Why You Should Be Doing Product Discovery

YoungUpstarts

Before rushing to build your concept to push out to consumers, it’s important to first undertake product discovery. Product discovery is the purpose of identifying the smallest amount of software needed to determine market value. Notably, this occurs prior to building the Minimum Viable Product , or ‘MVP’. How is it done?

Product 264
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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. We didnt think wed able to compete with that.

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5 Types Of Business Strategies To Consider Before Opening Up Shop

YoungUpstarts

Consider a Production-Ready SOM. Also known as a system on module, SOM offers companies a unique strategy when it comes to developing products while keeping customizability fully possible. Other advantages of production-ready SOMs include more CPU choices and a smaller footprint.

SCRUM 147
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Critical Tips to Developing an Effective Marketing Strategy for Startups in “Boring” Industries

ReadWriteStart

A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. In addition, if you plan to expand your product lines in the future, a broad name will make it easier to include different products under that umbrella.

Developer 159
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Should You Build Out Features Or Create A New Product?

YoungUpstarts

The same rule applies to product and app development. Launching a new product can be costly, but adding features to a successful existing product can be even more costly if the additions take away from your product’s unique focus. Do you want the product, or does your target market want the product?

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Are Your Customers Part of Your Product Development Team?

Small Business Force

Every entrepreneur wishes they were as prescient or creative as Steve Jobs, Jeff Bezos, or Larry Page and Sergey Brin, founders, respectively of Apple, Amazon and Google. Few entrepreneurs or small business owners involve their customers in the product development process. Think about it. I know what this market needs.

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5 Communication Hacks For Startup Cofounders

YoungUpstarts

For example, Artem is an expert in software engineering, product development and all things tech. In order to ensure we’re always on the same page, we hold weekly 90-minute talking sessions that no one can interrupt or reschedule. Meanwhile, my talents lie within business management and networking.

Cofounder 217