The product talk hosted by Innovify saw a great participation in the second meet up on November 9th, 2015 at Just Eat, London where we discussed the importance and challenges of delivering a Minimum Viable Product (MVP).
Startups can be hugely overconfident in assuming the market is waiting for them and will accept them with open hands. Thus, they fail because they don’t correctly segment their target market.
Incubated at Innovify, Converza attended the world’s no. 1 annual technology conference at the Web Summit, Dublin, Ireland. Ram Punjani, founder Converza along with Maulik Sailor & Prakash Pilley, Founders Innovify attended the summit & received a lot of leverage for Converza.
The team is EVERYTHING. Here are the most common mistakes that block creating a motivated team aligned to business growth:
Wasting time and focus trying to get all the skills in-house rather than using committed partners like Innovify to deliver the initial requirements, allowing owners to focus on the business side
Startup success stories abound billion‐dollar acquisitions, high‐stake exits, consecutive rounds
of funding. That is unless you track the world of entrepreneurship and startups for a living. Like
we do. Because that is when you see the other side of things. The dose of reality that shatters
the rags‐to‐riches tales that the world has come to see, nay, expect of entrepreneurship. No sir,
that’s far from the complete frame. While those that make it, go on to carve their names in the
books of history, it’s a long journey to startup stardom, and a longer one from there. For a great
idea alone, does not a great business make.
It’s a big mistake to wait to publicly launch the product once it’s perfect. For example, startups spend (or waste) time and money building features which are the least important against the value proposition and delay the Go-To-Market date.
Many points should be considered while you transform any software development process into an Agile process; like team chemistry, team engagement, strong team maturity, communication, trust top management support, continuous learning, and the list is countless. Listed are the most important points to be considered in making Agile successful
Having understood the struggle that a startup faces, Innovify has pointed out 6 most common mistakes that entrepreneurs can avoid making to ensure a successful business.
Incubated at Innovify, Converza has been accepted to exhibit at the Alpha Web Summit, where it will be joining the founders of Slack, Stripe, Pixar, Tinder, OnePlus and more in Dublin this November!
Ram Punjani, Founder, Converza would be attending the web summit, which is a meeting place for the most interesting tech companies across all sectors, stages and geographies. It’s the “Davos for Geeks”.
In a popular blog, “Top outsourcing lessons learned from 5 successful and failed startups,” Maitrik Kataria listed the views of founders who outsourced their product development. Innovify, a product foundry currently working with a number of start-ups, identifies a checklist for founders wishing to outsource their product development.