Keynote in Dubai Pt. 2
Yesterday we talked about the first two strategies from our Keynote address, today the last three.
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Ship early and often
Get your product in customer’s hands as soon as possible. Keeping your application to one feature at launch, allows you to conserve your most valuable assets- time and money. Any application needs to be stripped down so that after three months it is able to be in customers hands. If any more time is required (unless you are creating an application which involves true science), there are still too many features in the application. Facebook famously has poster’s around its Palo Alto office which say things like “Stay Focused and Keep Shipping” and “Done is better than perfect.” Stay focused on the first release. Following the release of the product you can continue making changes and improvements, but it is better to have something that is done than something that is perfect. Having a product in the marketplace can help validate your idea and provide motivation to keep going and expand the product. Reading positive reviews and press feedback can also be great encouragement to keep you improving your product and putting you on the road to success.
Tell people about it
“If you build it, he will come.” Unless you already have a large user base to leverage this is rarely true. Before the application is released, you should gather promo codes and sneak peaks and then contact bloggers and reporters and ask them to write about your product. A short direct, customized email is usually all that is required. Not everyone you contact will write about your product but everyone that does, increases your chance of success. Try and find reporters who have written about similar products or with whom you have overlapping networks. Paying for press sometimes works, but an article that is written because the reporter is genuinely interested in what you are doing is worth 10 paid-for articles.
Continuous Improvement
Finishing the application is only the first step. Investing in a project’s success means investing in ongoing development of new features and new UI. A product that is released without any updates quickly becomes a dead project. Even if no new features are added to the project, bugs will continue to be found and the server will require ongoing maintenance. Be ready to add features and enhance your product for months or even years.
Even the best ideas with perfect execution can fail for a number of reasons. But failing early and often is what ultimately allows an entrepreneur to be successful. Very rarely does someone succeed with their first attempt but there is more to learn from failing then succeeding right away. The only way to be certain you will fail is to not try.




