People should know the definition of startups

Startups are by definition intended to innovate or solve the real problem, definitely do not want to act like an average business just build 5 percent or 2 percent better than the existing market and then launch.

Nothing wrong with the normal business practice but often time after launching one products startup failed to continue their innovation. Many reasons can be responsible for startups failure to continuing to build great products. But today I will be going to talk about how innovation works in startups.

Definitely, innovation is hard more importantly it becomes even harder when it comes to making it popular among people. Companies like Apple, Google, Tesla are also facing the same problem as every entrepreneur or startup when they are working on something new. Fact is, it does not matter the size of the company or popularity, innovation is always worth the risk.

Normal traits of innovation are It takes time, spending majority of time to understand the problem, work with details, and many more. After launching the products, company should establish communication with customers to listen to their experiences, suggestions, complaints and provide intuitive solutions to the customer if needed.

Besides, learn how to act like humans and promote that as a human that you can make mistakes but you are committed to learning and will fix the problem the moment you started to recognize it. One of the odd trends in recent times is Companies or executives are tending to present themselves to their customers as They cannot make mistakes because I have spent countless hours on it to refine it again and again.

It does not matter if a company has more than six products or only has one product in its pipeline. Products should not be the result of exaggeration or overwhelming. A simple truth about making successful products is to serve people. No need of working with several projects rather work on one projects and brings phenomenal outcome.

Harrys- a shaving company, SolarCity from Elon Musk, Stripe- an e-commerce payment company, they have narrowed down their perspective to serve better. Your focus might be very specific and narrowed but if it serves millions of people which would be definitely great.

sometimes founders trying to push their product beyond its capability but in reality, market of that product is not vast or it focuses on a minority group of people or people who have alternatives to solve it or idea is working but it is not that effective. With such kind of scenario, it would be really hard to make it popular among people.

So, founders should always know their market and possibilities. It would help them to design a logical blueprint for their business.

If you cannot maintain or handle several products then do not focus on many products. Rather start working on a single product but make it unbeatable, know every detail of it, know the market, have an explanation on everything, put your ultimate effort to make it better in every possible way.

If this is not in the right time or place then pause or drop it for now and start working on what is possible right now.

Don’t introduce products after products or features rather take time to understand the market then bring something valuable to the people. Allow people to learn and how to use it properly, on the other hand, you would have time to make this product even better every day.

People always love to see details, even though the majority of them do not notice or care about it. The true fact is by implementing enough thoughts and details the chances are high to build something really great.

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