Startup Funding Espresso Product Development Plan
Product Development Plan Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Here\u2019s a checklist for launching product development for your startup: Research the industry for trends and competitors in the space. Talk with prospective customers about their pain points. Consider not only the product to be built but the revenue to be generated. Build out several Minimum Viable Products or MVPs. Plan out a product roadmap from beta, to versions 1, 2, then 3. Consider your intellectual property strategy. Consider the platforms and coding language you will use. Think through the product architecture so you can grow it later. Make the development in-house or out-of-house decision. Figure out the costs to develop and the funding needed. Setup your development process to code the solution. Test out the interfaces with users. Track the metrics of your development process. Launch your first version of the product. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .