Business

3 Key Principles for Humongous Success

Fotolia_151136019_XS.jpg

In order to reach a massive level of successes, you may consider devote yourself to these 3 principles:

Exceed the line of super-credibility

When you surround yourself with successful people, you get to borrow their credibility. Others will take you seriously and won’t question you because you are above the line of super-credibility. Even when we doubt ourselves, sometimes we take ease in knowing that others believe in us more than we do.

When you are under the line of credibility, people dismiss you immediately and don’t take you seriously. Above the line of credibility, you are given a chance to prove yourself, and your words are believed without a shadow of a doubt.

 

Set yourself up to succeed

Act always toward success, in your mind, and in practical terms. Focus intensively on a solution instead of fixating on obstacles.   Picture your end goal and act upon it, visualize success every time an obstacle presents – it will provide you with the vision on which resources to use and how to overcome any obstacle, it will provide you with strength and the will to reach your goals, it will provide you solutions to reach your aspirations. Whatever you seek is also seeking you.

 

When in doubt THINK

Don’t give up when people throw obstacles in your path because they don’t believe your vision is possible. Devise creative ways to find solutions, and find the people who share your vision and are excited to help you achieve it.

 

 

One of the core values we have as a company is to inspire and empower people in all aspects of their lives. Additionally, if you want to read about our Custom Software Solutions and Consulting Services, please visit www.isucorp.ca

Leverage Your Product Release and Make it a Hit!

29906170001_5382943712001_5382937668001-vs.jpg

While some learning happens during the requirements-gathering stage, most learning happens after you release your product.

The first step is to reduce the scope of your minimum viable product (MVP) to its essence so that you build the smallest thing possible. Reducing the scope of your MVP not only shortens your development but also removes unnecessary distractions that dilute your product's measuring. 

 

How to accomplish an MVP:

  • Clear your slate:  include only features which can be justified
  • Start with your number one problem: the job of your unique value proposition (UVP) is to make a compelling promise and the job of the MVP is to deliver on that promise.
  • Eliminate nice-to-haves and don't-needs: eliminate don't-needs right away, nice-to-have should only be included if they are a prerequisite feature of a must-have feature - otherwise, add it to your features backlog queue.
  • Repeat previous step for your number two and number three problem 
  • Consider other customer feature requests:  such as integration for example
  • Charge from day one, but collect on day 30
  • Focus on learning, not optimization: don't waste efforts optimizing servers, code, database - most likely you will not have a scaling problem when you launch. 
  • Get Started deploying contentiously:  a technique of shortening the cycle time from requirements to release in a way in which the product is built end-to-end versus a batch-and-queue approach.  Implemented correctly, Continues Deployment does not shortcut quality as long as stricter testing and monitoring is in place.

 

One of the core values we have as a company is to inspire and empower people in all aspects of their lives. Additionally, if you want to read about our Custom Software Solutions and Consulting Services, please visit www.isucorp.ca

Making Your Products a Success Even Before Creating Them!

Fotolia_55093756_XS.jpg

There are millions of ideas out there, but how are you going to find out which one will break through the clutter. When starting up a business it is very important to set up your product for success, even before creating it. In order to do this you must use The Solution Interview process. 

 What you need to learn

  • Customer risk: who has the pain?
  • Product risk:  how will you solve the pain?
  • Market risk: what is the pricing model?

 

Test the solution with a “demo” before building the actual product.  A demo will help customers visualize your solution. In order for a demo to be effective, keep the following in mind:

  • The demo needs to be realizable – simple, clean but effective
  • The demo needs to look real – the more real the more accurate
  • The demo needs to be quick to iterate -   have the ability to incorporate customer feedback
  • The demo needs to minimize waste – create it according to the final technology to be used
  • The demo needs to use real-looking data – actual content that supports your solution 

 

Testing your pricing:

When testing pricing, don’t ask customers what they will pay, tell them – it will allow you to measure customer’s reaction.

You cannot convince a customer that he/she has a “must-have problem” but you should convince a customer to pay a “fair” price for your product which is usually higher than the customer thinks it is.

Your job is to find early adopters who are at least as passionate about the problem’s you are addressing as you are who are willing to pay you that fair price.

Remember, your pricing is not only a part of your product; it defines the customer segment you attract.

 

One of the core values we have as a company is to inspire and empower people in all aspects of their lives. Additionally, if you want to read about our Custom Software Solutions and Consulting Services, please visit www.isucorp.ca