10. Unrealistic Expectations
I’ve argued that the product development model leads to fundamental and often fatal errors in the
first year or two of a startup’s life. We can sum up these errors in terms of three unrealistic
expectations:
• That the product development diagram can be relied upon to guide activities that have
nothing to do with product development—namely, finding customers, a market, and a viable
business model.
• That Customer Development will move on the same schedule as product development.
• That all types of startups and all new products will achieve acceptance and deployment at
the same rate, namely starting at First Customer Ship.
In addition to these three errors, there is one more. Startups face enormous pressure from their
investors to become profitable. Sometimes, to get funded, these new ventures make unrealistic
financial assumptions – about market size, growth or simply ignoring the consequences of the
Market Type they have chosen. These optimistic expectations become the plan of record, forcing
execution towards unrealistic and unachievable goals.
10. Unrealistic Expectations
I’ve argued that the product development model leads to fundamental and often fatal errors in the
first year or two of a startup’s life. We can sum up these errors in terms of three unrealistic
expectations:
• That the product development diagram can be relied upon to guide activities that have
nothing to do with product development—namely, finding customers, a market, and a viable
business model.
• That Customer Development will move on the same schedule as product development.
• That all types of startups and all new products will achieve acceptance and deployment at
the same rate, namely starting at First Customer Ship.
In addition to these three errors, there is one more. Startups face enormous pressure from their
investors to become profitable. Sometimes, to get funded, these new ventures make unrealistic
financial assumptions – about market size, growth or simply ignoring the consequences of the
Market Type they have chosen. These optimistic expectations become the plan of record, forcing
execution towards unrealistic and unachievable goals.
การแปล กรุณารอสักครู่..
