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Dacey Rankins

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2024-07-26 12:36:15 -

"Cindy Alvarez – How to create a product that will be bought. Lean Customer Development Method" Summary Review
I read Cindy Alvarez "A Product That Will Be Bought. Lean Customer Development Method" - about the development of consumers and working with them. The book was not complicated, the whole difficulty was in a large number of life hacks, tips, examples, screenshots and their further prioritization. I wrote down the main things here, now I am sharing my synopsis on this topic. By chapters:Chapter...

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Leonard Pokrovski

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2024-08-27 16:05:41 -

Product Career Strategy: How to Become a CPO Through Professional Brand Development
Product Career Strategy: How to Become a CPO Through Professional Brand Development The position of Chief Product Officer (CPO) is one of the key and most prestigious positions in technology companies. The CPO is responsible for the strategic vision of the product, managing the product management team and ensuring the growth and competitiveness of the company's products. The pursuit...

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Leonard Pokrovski

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2024-07-27 11:18:40 -

Product Development Stages: How to Create Your Product and Sell It Successfully
Product Development Stages: How to Create Your Product and Sell It Successfully The development of a new product in marketing is a multi-stage process that includes the inception of a concept, the creation of a project, and implementation. The release of innovative products helps companies remain competitive in the market, adapt to changing customer needs, and...

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Dacey Rankins

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2024-09-20 18:50:24 -

Product Development: In-House vs. Outsourcing
Product Development: In-House vs. OutsourcingThere are two approaches to developing digital products: doing it in-house and outsourcing it to a contractor. Let's look at the pros and cons of both options and what to choose for a business. What is in-house development and when is it usedIn-house development (from the English inhouse - internal) is the process of creating a website, application...

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Dacey Rankins

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2025-03-19 14:55:25 -

How AI is Impacting Entrepreneurship
In recent years, Artificial Intelligence (AI) has emerged as a game-changing technology, revolutionizing industries across the globe. For entrepreneurs, AI presents an array of opportunities to innovate, streamline processes, and drive business growth. From enhancing decision-making to automating mundane tasks, AI is transforming the entrepreneurial landscape. In this article, we will explore...

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Dacey Rankins

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2025-03-20 15:01:03 -

How Can AI and Machine Learning Influence Research and Development (R&D)?
The integration of artificial intelligence (AI) and machine learning (ML) into research and development (R&D) is reshaping the way companies and institutions approach innovation. These advanced technologies are providing new ways to process vast amounts of data, predict future trends, and optimize various aspects of the R&D process. By leveraging AI and machine learning, organizations...

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Dacey Rankins

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2025-03-24 15:27:36 -

How Can I Validate My Startup Idea Before Launching?
One of the most critical steps in launching a successful startup is ensuring that your idea has a genuine market demand. Validation helps reduce the risk of investing time, money, and effort into a product or service that doesn’t meet the needs of your target audience. But how exactly can you validate your startup idea before going all in? By engaging with potential customers, gathering...

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Dacey Rankins

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2025-03-06 18:21:36 -

How Can Late-Stage Startups Maintain Innovation?
As startups mature, they often face challenges in sustaining the innovation that fueled their early growth. Bureaucracy, risk aversion, and a focus on short-term profitability can hinder creativity. However, late-stage startups must continue to innovate to stay competitive, attract investment, and expand their market presence. Here are three key strategies to maintain innovation: 1. Investing...

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Dacey Rankins

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2025-03-07 13:42:46 -

How Can Late-Stage Startups Maintain Innovation?
As startups transition into late-stage companies, maintaining innovation becomes a challenge. With increased operational complexity, market expectations, and competitive pressures, it’s crucial for these companies to stay ahead. Here are key strategies to ensure continued innovation and long-term success. 1. Investing in Research and Development (R&D) Late-stage startups must...

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Dacey Rankins

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2024-12-18 16:56:58 -

How Do I Create a Business Plan for a Startup?
Entrepreneurs seek tips and examples tailored to startups when creating a business plan. A well-structured business plan is essential for any startup, as it serves as a roadmap for your business’s success and a tool to secure funding from investors or lenders. However, drafting a business plan for a startup is unique—startups face distinct challenges, such as proving the viability...

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Dacey Rankins

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2025-03-03 14:22:51 -

How Do I Determine My Startup Costs and Other Expenses?
Starting a new business can be an exciting yet overwhelming experience. One of the most crucial steps in setting up a successful startup is determining your startup costs and understanding the ongoing expenses that will arise as your business grows. Getting this right is essential for ensuring that you don’t run into financial troubles early on. Here’s a guide to help you identify...

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Dacey Rankins

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2025-03-21 14:15:44 -

How Does Technology, Particularly AI, Influence Startup Innovation?
In today’s fast-evolving business landscape, technology, especially artificial intelligence (AI), is transforming how startups innovate and compete. AI is not just a buzzword—it's a powerful tool that can streamline operations, enhance decision-making, and create personalized experiences for customers. For startups, leveraging AI can unlock new opportunities, optimize processes, and...

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Dacey Rankins

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2025-03-07 13:52:36 -

How Does the Build-Measure-Learn Feedback Loop Work?
The Build-Measure-Learn feedback loop is a core principle of the Lean Startup methodology, helping startups develop products efficiently while minimizing risks. It is a continuous cycle where startups build a product (or feature), measure its performance in the market, and learn from the results to inform the next iteration. This iterative process ensures that companies create products that...

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Dacey Rankins

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2025-03-25 15:39:31 -

How Should I Structure a Customer Meeting During Customer Development?
Customer Development meetings are a vital part of the process of building a product or service that truly resonates with your target market. The purpose of these meetings is to gather valuable insights directly from potential customers, validate your assumptions, and better understand their pain points and needs. The structure of the meeting is crucial to ensure you gather the most useful and...

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