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At the same time, a direct equity investment (one where the dev shop acquires a share in the company immediately) puts the founders in a potentially uneasy position of having to dilute their company before a product is built. Second, the company must eventually own the productdevelopment and maintenance functions in-house.
I believe it is the best introduction to CustomerDevelopment you can buy. As all of you know, Steve Blank is the progenitor of CustomerDevelopment and author of The Four Steps to the Epiphany. You can imagine how well that worked. On the minus side, that has made it a wee bit hard to understand.
They assume that each person on the team is genuinely interested in testing their work and ideas against the reality of what customers want. Anyone who has worked in a real-world productdevelopment team can tell you how utopian that sounds. Every time you listen to customers, you fear diluting your vision.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? This is why they gladly pay top dollar for a QA group that is supposed to be that "1%" that finds the bugs first (now how good a job they actually do is a whole different subject!)
When I reviewed a recent productdevelopment book, it immediately shot up to Amazon sales rank 300. And as everyone’s attention starts to focus on those same indicators, their value is being diluted. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? Is that a lot?
what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “productdevelopment” eg new social media website project? Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. 1) Hire A’s.
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