Posts Tagged ‘Product Development’
Don’t Let Too Many Features Ruin Your Next Product
“Scope creep” (or feature creep) is an insidious disease that kills more new business solutions than any other, especially high-tech ones, and yet most founders (who may be the cause) never even see it happening.
Read More 5 Quick Reasons Why Your Startup Failed
Being a first time entrepreneur is fun and exciting, but nothing prepares you for the day you finally realize that things aren’t working out.
Read More What Can We Learn from the Success of Apple Press Events?
When companies launch a new product, and they get it right, they can have customers lining up for miles out of the door to purchase their fancy new “must have” item.
Read More 7 Steps for Establishing the Right Business Model
Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business.
Read More The Product-Focused Company
Organizing by product lines is a very common business strategy. There’s some great power to this, but if we inflict our organizational structure on the customer, making it hard for them to buy, they’ll always default to the easy to buy choice.
Read More 3 Ways to Successfully Bootstrap a Product-Based Business
Bootstrapping any business is tough, but establishing a consumer product-based business versus a service-based or tech-based startup creates some very specific challenges.
Read More Why You Should Consider a White Labeling Solution
As an entrepreneur with a business problem, your first instinct may be to try do-it-yourself solutions. After all, that’s what entrepreneurship is all about, right?
Read More Customer Development: A Test for Survival
Minimum viable product. MVP is today’s startup’s favorite acronym, as it should be. Building an MVP is all about speed. You have the opportunity to get your product out, in the shortest time possible, to the people who will be using it: your customers.
Read More A Good Label Does Your Marketing for You
“First impression is the last impression.” – This proverb applies well to cosmetic products. If you are dealing with cosmetic items, you have to make sure that your products create a good first impression in the minds of your prospective customers.
Read More 4 Ways to Turn Metrics into Business Strategies
In the bestselling book “Moneyball,” Michael Lewis explains how the Oakland A’s built a winning team using only statistics. Yet more than 10 years after the book’s publication, few organizations follow this example of metrics-driven decision-making.
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