With over 40 million monthly users, Uber’s journey has been spectacular. So much so, that other startups now aim to be the next ‘Uber’ of the industry they cater to.
Many of you may know what a minimum viable product (MVP) is. It’s a powerful basic model that explains what your product does and why prospects should buy it. So in a way, MVP teaches you how to build good, sustainable products.
When we first met Fred, the founder of Brickowner, we could feel his passion and ambitions to be the market leader for property crowdfunding. He had a great idea, highly experienced partners, and a very aggressive plan to grow and fund raise. They were also working with UI/UX and branding agencies. But if they were going to succeed, they desperately needed technology know-how and the right business processes required to set such platform. So they came to Innovify.
Anyone who has talked to me in the last four months has heard me, at some point in the conversation, rant about the All-In-One platform trap. The trap is simple: there are lots of platforms out there with related services and/or products and our startup is going to centralise all of these into a single wildly successful platform.
Keeping in mind the struggles start-ups face while choosing between Agile or Waterfall approaches, we discussed both in detail, throwing light on the intricacies of both methodologies.
Management’s support for Agile development is very crucial when there’s a lack of it, it becomes a common cause of software project failures. Management is sometimes surprised or unprepared for things to slow down as teams learn Agile. It may take years, not months, to implement Agile development fully into an organisation.
Some believe there is little or no planning with Agile. In fact, there is detailed planning. The difference with Agile is that planning is ongoing instead of a one-time event that gets signed off at the beginning of the development cycle, which occurs at varying levels of complexity and granularity.