Myth(YA)
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Myths
We aren’t saying all product startups do this, but
have seen many instances of companies
committing similar mistakes….
Or a variation of that!
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Top Myths
Typical myths revolve around following topics:
▫ I am the ‘End User’.
▫ Feature addition vs. Innovation
▫ Good Product = Successful Business Model?
▫ Build it and they will come!
▫ TC coverage = Cracked It!
▫ Data Collection = Measurement
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Your customer…?
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Feature addition = Innovation
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Customer Requirement(s) => Product Feature
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Team is ‘well aligned’
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Good Product = Successful Business Model?
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Build it and they will come!
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Data Collection = Measurement
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VC Funding=Success
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What if..somebody steals my idea?
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“We Have No Competition”
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Big Competition = Death Blow
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Image Credits
• http://www.1-900-870-6235.com/PeaceMap/ElephantDefine.jpg
• http://xkcd.com/605/
• http://corrente.blogspot.com/awolflyboy.gif
• http://photos1.blogger.com/blogger/4096/414/1600/dilbert2005121017517.0.gif
• http://kellenebishop.files.wordpress.com/2009/04/tea-party-cant-fix-stupid.jpg
• For others, I was unable to locate the pics [pardon us for the same[
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