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Investors Know A Product Doesn’t Make a Business

Startup Professionals Musings

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). Skip the acronyms, write at an eighth-grade level, and talk in terms of “benefits” rather than “features.”

Product 92
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Entrepreneurs Confuse Product and Business Plans

Startup Professionals Musings

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). Skip the acronyms, write at an eighth-grade level, and talk in terms of “benefits” rather than “features.”

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

Startup Professionals Musings

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). Skip the acronyms, write at an eighth-grade level, and talk in terms of “benefits” rather than “features.”

Product 48