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Investor Connect Podcast

Investor Connect is for investors interested in learning more about investing in startup and growth stage companies. Experienced investors share their experiences and advice with those who are considering an investment into startups and growth companies. It includes a podcast series of interviews with investors to inform others about the process of funding startups as well as a resource list and a discussion board.  

Topics include sourcing, analyzing, and researching companies. Other topics include valuations, terms Sheets, board of directors, board of advisors, due diligence, syndicates, venture capital, angels, angel networks, family offices, crowdfunding, exits, and more.

Investor Connect is a community program. We welcome your suggestions for speakers and topics which you can send to us through the Contact page. No registration is required to use the resources.  Discussion boards are available to post and answer questions about startups and growth company investing through which registration is required.

Investor Connect is a program under the Texas Open Angel Network which is a 501(c3) non-profit dedicated to the education around startup funding.

Disclaimer: Hall T. Martin is the Director of Investor Connect which is dedicated to the education of investors for early stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

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  2. Startup Funding Espresso – Product Development Priorities

Startup Funding Espresso – Product Development Priorities

Nov 18, 2022

Product Development Priorities

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

There are many features to add to a product and never enough resources to do all of them.

Consider these points in prioritizing your product development:

Look for lost sales to find high-priority features to work on.

Focus product development on customer requests.

Look at how the customer is solving their problem now with your product for potential features that would be helpful.

Test the customer’s desire for a feature by charging for it and then see who actually pays for it.

Investigate customer complaints about a missing feature before committing resources to it. 

Not every new feature will turn into a big jump in revenue, but collectively they can give the startup a competitive edge.

Avoid copying competitors and stay focused on your customer audience.

Don’t bet the entire startup on a single product launch.

Instead, roll out the features serially and test the customer’s response. 

In product development start with small steps and build out the product incrementally.

It’s best to underpromise and overdeliver. 

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

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