With over 40 million monthly users, Uber’s journey has been spectacular. So much so, that other startups now aim to be the next ‘Uber’ of the industry they cater to.
Many of you may know what a minimum viable product (MVP) is. It’s a powerful basic model that explains what your product does and why prospects should buy it. So in a way, MVP teaches you how to build good, sustainable products.
There are about 47,000 digital startups in the UK alone. How many out of them do you think really succeed? Not even 50%, yes you read it right…NOT EVEN 50%! And possibly less than 10% will survive beyond the fifth year and achieve the exponential growth that everyone dreams of.
Having an idea is not enough and before you begin your startup journey, you need to have answers for some of the most fundamental questions about your idea
Innovify, is a product management company that incubates start-ups. Many start-ups, who do not have a tech co-founder, fails to develop their products properly and end up with a high cost of development. Through Innovify, we enable these start-ups to easily develop their products, iteratively and at a much lower cost. Innovify typically acts as a product manager for the startup, looking after the overall product strategy. The founders can focus on building their business, sales and financing activities, leaving Innovify to deliver the product features as per their business milestones. Innovify also offers flexible invoicing with convertible debt or equity options that favours startups to quickly raise the funding.