Every business owner generates more ideas from time to time even if their project is developing and the company is growing.
Most of those ideas are related to their current projects and some are really side ones. In pretty many situations they are about custom software development which as we all know is “never done” and it may frustrate a bit at the very beginning.Generating ideas is quite easy and may happen every day to all of us. The challenge is to bring them to life then.
On this stage, many idea owners may lose their enthusiasm and forget their initiatives for good.
Here’s a list of most common challenges and frustrations for business owners that got an idea:
- “I’ve got an idea but it’s still weak and needs firming up”.
- “I’ve got no in-house team to develop the idea and deliver a project”.
- “I don’t know how to fill in the blanks myself, improve the vision and the draw the overall big idea”.
- “Most outsourcing companies want to start developing with the ready-made scope of work and clear business model. They are mostly doers, not thinkers. I need help with improving my idea and building a business model”.
- “Outstaffing agencies can simply add a few members to my existing team but not revise and improve my idea”.
Every challenge from this list may stop an idea owner from any further active actions and this idea will be filed as a history.
To be honest many people facing these challenges try to find a solution on their own. Here are a few examples of how they do this:
- “I continued putting the squeeze on my business partners expecting they’ll deliver the solution and improve my big idea” – not sure it works. Still, you’ve got a chance to fall out with your business partners over this.
- “I’ve had a sneak peek at our competitors and copy their ideas for improving my own” – Hm, it won’t work if you’ve got a completely unique idea. And do you really plan to copy something existing entirely?
- “I decided to start developing my idea ‘as-is’ hoping to modify and improve it while delivering iterations” – this may work for small projects. Usually, this approach is called “Iterative model” (this model starts its first iteration without having final requirements, simply with basic ones. It’s a kind of MVP approach. Then MVP is tested, evaluated and it’s getting easier to add further requirements for the next iteration).
Before frustrating, losing interest in your idea or trying those very common ways to solve a new project puzzle, you want to make 3 steps to help yourself be clear with your own thought:
Step 1. Estimate the possible value or impact of your future project.
Just ask yourself a few questions:
- How much you hope to earn or maybe save with the solution you are imagining?
- How much is this idea worth to you?
- Does this idea make any business sense?
These simple questions are actually the basis of your future business model.
Step 2. Make a rough guess of your idea opportunities.
- If you are planning to implement some solution that will improve your company internal business processes, search for existing ones first. This will allow saving a lot of efforts and stop reinventing the wheel. Maybe it’s worth to buy software or use some open-source solution instead of building a new one.
- If your idea is for external users, think whether you’ve got a market to go to with this.
- How much value do you give to your customers? Is it a must-have or simply nice-to-have?
- Does your idea solve any serious issue for your potential customers?
Step 3. Find out your idea’s cons.
Chances are that you are sharing your idea with friends and relatives. They tell you that it’ll be a great business and you’ll make a lot of impacts.
Probably they don’t want to hurt your feelings, so they won’t tell you the ugly truth.
You still need to know how viable your plan is. The best option to find out your idea’s cons is to find its “haters” or simply a few people who don’t like your project.
- Ask these people why they think your project will fail?
- What are the weak points of it?
You’ll find out whether your business idea has potential pitfalls you haven’t even thought about.
Also, you’ll have an opportunity to think about how to respond to a potential customer that doesn’t like your product or service.
This is why finding a few naysayers and questioning them is an important part of validating your business idea.
Here, in ASD team, we previously faced with every “complication” from the list above and even more. That’s why we decided to offer our clients having alike challenges the new approach.
We call it “Smart Outsourcing/Coding” OR “From Chaos To Success” or simply “From Zero To Hero”.
That’s how “Smart Coding” works:
1. A business owner approaches us with a project idea. No matter which stage this idea currently is, we are ready to start from zero with any web development or custom software development challenge.
2. Our team improves it as if we’re your business partners:
2.1. We are making up the project’s mission and vision.
2.2. Our analytics research the problems this project can potentially solve and how people currently solve them.
2.3. Then we develop the business model and business logic for the future product and make rough calculations how much you can make with this.
2.4. We are talking to your potential customers to validate our key assumptions. We’ll know what they think of your idea after this activity.
2.5. The next step is figuring out how much your potential customers are willing to pay for a solution. Having an initial price in mind you may ask potential customers whether they would buy your product for this price right now.
2.6. Finally, after preliminary researches, we develop the “smart budget” for your project. Such budget allows delivering a valuable product for the optimal funds. Learn more about saving on a development budget and ASD team’s “smart budget” here.
3. We make up all SOW (Scope Of Work) and develop your product or service starting from MVP (Minimum Viable Product) and staying flexible.
This way, ASD team offers its customers the turnkey approach. We are ready to become your tech partner, your product owner, your project manager and your developers for the time of delivery.
Which ideas ASD team works with:
- web development
- custom software development.
Why ASD team’ ‘From Zero To Hero’ turnkey approach works?
- A business owner has the opportunity to revise an idea with the experts team and make a decision whether to continue its developing or not before the actual project start.
- We dive in your project as if we’re your true technology partners.
- Our developers, Project Managers, and Project Owners deliver your project from scratch or idea till the product/service launch and provide it with further maintenance.