Remove Competition Remove Definition Remove High Tech Remove Outsource
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Investors Know A Product Doesn’t Make a Business

Startup Professionals Musings

It’s definitely positive to have a product plan. For software, websites, and high-tech products, this is the “meat” of what you intend to build. Enough detail is required so that someone else can build it without you (outsourcing). Competition analysis. Market research and competition. Don’t get me wrong.

Product 92
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Entrepreneurs Confuse Product and Business Plans

Startup Professionals Musings

It’s definitely positive to have a product plan. For software, websites, and high-tech products, this is the “meat” of what you intend to build. Enough detail is required so that someone else can build it without you (outsourcing). Competition analysis. Market research and competition. Don’t get me wrong.

Product 93
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Don’t Assume Product Plans are Better Business Plans

Startup Professionals Musings

It’s definitely positive to have a product plan. For software, websites, and high-tech products, this is the “meat” of what you intend to build. Enough detail is required so that someone else can build it without you (outsourcing). Competition analysis. Market research and competition. Don’t get me wrong.

Product 48
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Taking Other People’s Money Changes Your Life

Startup Professionals Musings

“When I get funded,” the entrepreneur thinks, “I can build a prototype, hire a development team, go to market, scale more quickly, and beat my competition.” But there are some things that DEFINITELY come with other people’s money. All problems will go away. They’re new and different problems.