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Showing posts from May, 2016

8 Rules for building Great Products

In a Medium blog, Mitchel Harper shares his thoughts on what makes great products.

1. BFBC - Build For your Best Customers

They bring you most revenue and are willing to pay for upgrades and newer products. Give a higher weight age for their feedback.

2. Solve Tier I Problems

Tier I - One of top 3 problems of potential customers. If  you are solving a Tier I problem you will have the Customers' attention and budget spend. The rest are Vitamins - "nice to have fixed" problems.

3. Build 'simple to understand' products

Design is your most important feature. Every time the user experience is great, a startup's revenue grow like weed.

4. Make a cupcake

Most startups try to build the wedding cake (the big final product) on their first iteration instead of starting small with a cupcake, then turning it into a cake (based on customer feedback) and then finally into a wedding cake (again, based on customer feedback).

4. Prioritize Customer Feedback and make Themed releases

What is Great Design? - Illustrated in 3 Doodles

In a Medium Blog, Julie Zhou, VP - Product Design at Facebook shares (pun intended) a few doodles on what is Great Design. She calls it as the congruence of high "Positive Utility" and lotsa "Customer/User Love"



The Ambition Hierarchy of Designers


Catch the 3rd Doodle here

We've been getting our hands dirty at trying to get well designed infographics on Venture Capital & Private Equity. You can catch the stories here

Venture Intelligence is the leading provider of data and analysis on private company transactions, valuations and financials in India. 

Click Here to learn about Venture Intelligence products that help entrepreneurs Reach Out to Investors, Research Competition, Learn from Experienced Entrepreneurs and Interact with Peers. Includes the Free Deal Digest Weekly Newsletter: India's First & Most Exhaustive Transactions Newsletter.