In a popular blog, “Top outsourcing lessons learned from 5 successful and failed startups,” Maitrik Kataria listed the views of founders who outsourced their product development. Innovify, a...
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You have that Eureka moment when you realise your new product idea has the power to change the world. However, only few of us are able to successfully execute them and that makes all the difference. Ideas are useless – it’s the execution in translating the idea into a product/service that defines if a business is successful. Here are 5...
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It’s surprisingly common that startups don’t carry out enough research to back up the hypothesis around their idea. At times, they completely misunderstand the value proposition on which they build their product. In simple terms, they try to solve a problem which doesn’t exist or can easily be solved with alternative solutions. ...
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6. GIVING UP TOO SOON ARGUABLY THE MOST IMPORTANT POINT BUT CERTAINLY THE FINAL NAIL IN THE FAILURE COFFIN. Failing shouldn’t lead to giving up – instead, to learning a lesson and using that knowledge to move forward. We go into this in more detail in the ...
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We are living in one of the most exciting times in human history for new product development. The pace at which new technologies are being adopted is phenomenal. However, one of the biggest problems with innovation is the pace at which the innovation itself happens. This is because too many innovators, including entrepreneurs, startups and corporations are still stuck in the past with their...
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