Objective and Approach
A recent article from Hackernoon [1] studied 250+ startup failures and found five common challenges: product market fit (42%), financial challenges (38%), regulatory issues (10%), internal team issues(6%) and growth challenges (5%).
Finding a niche in the market for that solution to a problem that a customer will be willing to pay for before development funding runs out is clearly a challenge.
[1] https://hackernoon.com/why-do-startups-fail-a-postmortem-of-256-failed-startups-fb157a16d98b
Leveraging our experience in all aspects of the digital project development, our goal is to aid in avoiding these problems. We can assist clients through the entire lifecycle or provide expertise on specific aspects of the effort. We are metrics driven and view each aspect of the project through a lens of quantified results. To this end we apply Six-sigma, Lean start-up, Agile and digital marketing concepts and tools.
- Developing the concept
- Estimating potential value creation
- Validating the approach
- Developing the product
- Growing the customer base
If our skills and approach seem they might resonate with your needs please email us at contact@scotchridgedigital.com. We are happy to discuss how our experience and skills can increase your chances for success.