6 Development Strategies to Build Your Idea 💡🛠 Strategy #1
A Series about the Many Versatile Strategies to Build Your Tech Startup
Good morning Launch Chad Cadets🚀🫡 . Let’s pick up where we left off:
So you’ve generated a solid idea, clearly defined your problem statement and now you think you’re cookin’? At this point, you’re ready to start building.
I am going to focus on software in this post since that is usually going to be your highest margins and fastest path to profitability in product development.
If you are doing something non-software you can apply most of these principles. If you have questions on how to adapt, reach out for in the comments or on my Twitter DMs.
If you’re a dev and you know how to start building, more power to you. That’s usually how I start myself but I would recommend you at least read about other strategies so you maximize your time and output.
This post is the first in a series that will help you practically start building. BowTiedLaunch will guide you through strategies for acquiring and managing development teams.
Our core mission for launch is to build as fast and low cost as possible. We want to maximize your chances of gaining traction.
As we’ll reiterate throughout this Substack, you want to build the minimum product that someone is willing to pay for. This will ensure you don’t get too far over your skis building something that’s theoretical. It ensures you’re building real value.
Your biggest risk as a business is that you’ll build something no one wants.
You need to de-risk the business side *first* so you can adjust as needed before you run out of capital.
That is why we’re focused on speed and low cost here at BowTiedLaunch.
Keep it simple.
“Build Half a Product not a Half-Assed Product”
-DHH & Jason Fried, creators of Ruby on Rails & Basecamp
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