Startup Funding Espresso Tips for Success in Product Development

Published: Oct. 31, 2022, 10 a.m.

Tips for Success in Product Development Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. It takes a plan and persistence to bring a product to market.\xa0 Here are some tips to make your product development successful. You\u2019ll need to bring passion to the project to see it all the way through. Use Minimum Viable Products to test out the idea and gather feedback.\xa0 Success with an MVP will energize the team to move forward. Don\u2019t try and do it all yourself.\xa0 Setup processes and delegate. Hire the right people with the skills necessary to take it through to the market. Foster a culture of innovation and curiosity. Prepare the team to pivot the product, the price, or the positioning, and don\u2019t marry yourself to one concept as it will most likely change. Funding the new product will take some time as fundraising is a process. Use mistakes as a learning opportunity. Enjoy the process of innovation and discovery. Show the team how thankful you are for their contribution. \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 .