Define Your Exit Strategy Transferring the ownership of your business to your children is pretty old school these days. Whether it is partial or full, most entrepreneurs want to exit. It is never too early to start planning your exit strategy, if you’re dreaming of cashing out for an early retirement or to create…
A Case Study For In-House Solution Vs Third-Party Solution Dilemma During the software development iterations of every customer, at some point we are likely to find our team in a position to get a big decision: Should we create their own solution, or use a third-party software/service. There is no one single silver bullet solution…
Why users don’t want to use your app? Sometimes entrepreneurs think they have the resources and ideas to be able to successfully create an application from scratch and provide value to our users and in some occasions they can succesfully deal with all the investments and development phase and it seems like the app is built and ready…
Define the North Star for Your Product The data is not going to tell us what to do and it’s not gonna be the single answer. We have to understand our vision of where we are going and then we can use data to help us get there. What is the measurable world that we…
Founders’ Fear of Money “It is too early for us to start charging our users. Why would someone pay for this? We can start charging after we reach …….. users. We should start our monetization model at the right time.” Do you hear startup founders saying these over over and over again when they…
Selecting Tech Stack for Your Startup Product Let’s try to tackle the technology problem with a tiny case study. Last Fall, Smartup Network was going through the same problem faced with the issue of choosing a frontend development technology for the brand new product Bizim Tarifler that we were building for Yıldız Ventures. Selecting your development technology is always…
What are the Roles in a Startup Product Development Team? A startup product is not technically as complex as an enterprise software developed for a bank or a telecommunications operator. Why? Because the amount of money processed by a startup product has at Day 1 is zero whereas a banking software processes thousands of transactions worth millions of…