Your Most Important Product Development Partner
The most important aspect of your product or service development won't be your product engineers, your R&D team, or even you. Rather, it is your potential and target customers who will be your best product and service development partner, yet too often when entrepreneurs develop and try to launch their new product, they do so with out ever consulting their product development partners.
Smart Product Development
Developing a new product as a first-time entrepreneur is a rush like no other. However, entrepreneurs can often get tangled up in the product features and the 'what if' of their product. This causes their relatively easy and simple product to blow into an inflated monster that gets delayed. These smart product development tips can help you avoid the pitfalls.
The Developer's Dilemma
Building your company's first product can be an exciting venture that provides entrepreneurs the greatest creative freedom to design, create, and build great products. However, many entrepreneurs fall into what I call the developers dilemma, the all too often trap of developing too many features for your product or service. Avoiding the Developer's Dilemma will help you achieve quicker success with your product.
To ensure that its operations in the market remain relevant, a small enterprise must have the perpetual ability to satisfy its customers' needs. This can only be achieved if the business' products/services are what the customers require. What then are the reasons that make product innovation so important an issue for small businesses?