Posts Tagged ‘Design’

Speed and Design: Key Differentiators for a Startup

We live in a fast-paced startup world. Anything you think is already in the works somewhere with very little whitespace for innovation in a crowded space of social, mobile and cloud startups. My partner and I have been working on ideas for almost six months and were trumped twice in the beginning by Facebook and Google that launched similar products. Having learnt the speed lesson, we didn’t waste time to start working on our next idea. We did some smart things like quickly launching a beta for validation and learning a great deal in the process. Our key learning being–programming is no longer a competitive advantage for a startup; it is speed and design.

The 1990s were heydays for technology startups when it was hard to find programming talent. Finding great programmers was a distinctive competency of any startup then, but not anymore. Don’t get me wrong, programmers still make or break a company but they are not the core anymore. In a fast-paced world where innovation cycles have drastically shortened and consumer expectations are sky high, it is the pace and design that sets an application apart. This is more prevalent in consumer startups but B2B applications are also seeing the same phenomenon. Today, the cost of startups has gone down dramatically and so is the time to market. Many entrepreneurs are embracing a lean startup methodology that promotes validation before scaling and being quick to market to collect valuable user feedback. We launched our recent service in beta in less than four weeks and almost 100 users were using it in less than three weeks of launch. A quick launch not only deters your competition but also helps you validate the problem space. The days of building a perfect and complete product before launch are past us. The mantra now is define a minimal viable product, launch quick, and iterate.

 

Apple has set a high bar for design. With less than 5% market share but almost 50% profits of the mobile phone industry, Apple has proved that design is not only dominating but also a profitable aspect of your product. The iPhone and iPad have set new standards for intuitive design that almost everyone expects from a new application. Today, designers are more expensive [and busier] than programmers and there is a talk in the startup community on how important it is to have a design person as a co-founder. A great usability is the gate to get your users into your service/application. Despite strong revenue streams being core to Web 2.0 companies, it is still eyeballs that define the success of your application. A low tolerance for poor usability sets high bar for an intuitive design for a successful application. Be cool is the new slogan.

 

Don’t wait–move fast and design awesome for success!

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