What are the 5 things that you really consider before start building a product?

Arik Nazaha
4 replies
I’ll go first, 1. Problem validation from my peers 2. Clear and lean product concept 3. Human resource capability 4. Enough capital to launch 5. Branding

Replies

vincentius pangestu
Hi Arik! πŸ‘‹ I would like to answer this question. I'm currently building a product (service) and am so confident about it. When embarking on the journey of building a product, here are five essential considerations that I prioritize: 1. Market Research πŸ‘“: Before diving into product development, conducting comprehensive market research is vital. This involves analyzing target customers, understanding their needs, and assessing the competitive landscape. 2. User-Centric Approach πŸ‘¨πŸ»β€πŸ’»: Building a product that truly caters to your target audience requires a user-centric approach. It's essential to deeply understand your users, their pain points, and their preferences. 3. Scalability and Flexibility 🦾: Anticipate potential growth and ensure your infrastructure and technology stack can handle increased user demand. 4. Execution and Resource Management πŸš€: See your team's capabilities and ensure you have the necessary expertise in areas such as design, development, marketing, operations, etc.. Defining key milestones is also important in managing a project. 5. Sustainable Business Model πŸ“ˆ: While having enough capital is important, it's equally essential to develop a sustainable business model. Make sure your product has a viable path to profitability. I would love to connect and hear your opinions as well!
Fred Lukens - Launching Today!
1. Product market fit 2. Branding 3. creating decent plan for marketing