Olalekan Alade’s Post

"Features don’t matter if nobody uses them." Early-stage founders, does this sound familiar? You pour your heart into building a product, yet users don't engage. → 70% of startups fail from ignoring user feedback. Main challenge? Focusing too much on features, not enough on customer needs. Here's the truth: Your product is only as good as its market fit. The solution? Shift your focus to solving real customer problems. Engage with your audience, understand their pain points, and tailor your solutions. → Result: Enhanced market fit and user satisfaction. Want to avoid the trap of feature overload? Start small. Gather feedback. Iterate. Your roadmap to success lies in your customer's hands. 💡 Need a guide to navigate this journey? Message me for a free resource on aligning product development with customer needs. Let's create meaningful success, one solution at a time.

Why building EVERY feature for your product could be a waste of time - Red alarm When you're launching something new, it’s tempting to go ALL-IN. 𝗕𝘂𝘁 𝗵𝗲𝗿𝗲'𝘀 𝘁𝗵𝗲 𝘁𝗿𝘂𝘁𝗵: You don't need to be perfect. You need to be effective. That’s why I swear by one thing... The MVP. 💡 An MVP (Minimum Viable Product) is the simplest version of your product that solves a core problem. And it works. Here’s why starting small leads to BIG success: - Validation from REAL users. The best feedback you’ll ever get? From the people actually using your product. MVPs let you test, iterate, and adjust based on actual user input. - Data-driven Pivots. Instead of guessing what your audience needs, you’ll know. Pivot fast, or keep building—depending on the data. - Save time and money. Why waste resources on features nobody needs? MVPs help you focus on what really matters. The biggest successes you know today? They didn’t start perfect. They started small and scaled based on what users needed. Your product doesn't have to be perfect. But it needs to work. What’s YOUR take on MVPs? 👇 Let me know in the comments! #ProductDevelopment #MVP #LeanStartup #Innovation #GrowthHacks

Don't get stuck in the ideation phase forever... 🙇♂️ I just had a chat with another early-stage SaaS founder who is building something special, but has no real feedback on the product. Founders, remember products often need many iterations 🔁 from customer feedback before hitting the golden "product-market fit." It's a factor of time ⏰. The best founders play offense and if they don't have the time, they leverage people that have ample sales and customer experience. So, don't hesitate to get your product out there, gather feedback, and iterate relentlessly until you find that sweet spot. 🍯

Product-Market Fit: Product-market fit is the first and most critical phase for startup success. Here’s how to know when you’ve found it: 1) Solve the Right Problem: Identify a real customer pain point and provide a solution that meets their needs. 2) Test and Iterate: Build an MVP and continuously gather feedback from your target audience. 3) Customer Traction: Look for signs like fast-growing usage, strong word of mouth, and eager customers. 4) Continuous Feedback Loop: Keep refining your product based on real-time customer insights. ----- Follow All Chance to learn from more innovative insights.

It's not about how many features your product has, but which ONE feature your users can't live without. Last week, a SaaS founder proudly showed me his product roadmap. It was packed with new features - each one "guaranteed" to wow users and crush the competition. I asked him a simple question: "Which feature can't your users live without?" He paused, realizing he didn't know. This isn't uncommon. Many founders fall into the feature trap, thinking more is always better. But in reality, success often revolves around that one indispensable feature. Finding it requires diving deep into user behavior, surveying power users and analyzing retention patterns. Once identified, it becomes the north star for your product strategy, marketing messages, and sales approach. The question remains: Is your roadmap cluttered with "nice-to-haves," or laser-focused on what truly drives user value? Your next product breakthrough might be hiding in plain sight.

So your product is missing the mark. What now? 🤷♂️ In my post earlier this week, we discussed the warning signs that you might be retrofitting problems to fit your product solution. But what do you do if you've noticed these flags? 🚩 Here are some common reasons why products struggle: 𝗟𝗮𝗰𝗸 𝗼𝗳 𝗖𝗹𝗮𝗿𝗶𝘁𝘆 🤔  • Users don’t understand the benefits or unique value of the product.   • The value proposition is too complex or jargon-heavy, making it hard for users to grasp. 𝗜𝗻𝗰𝗼𝗿𝗿𝗲𝗰𝘁 𝗔𝘀𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻𝘀 🚧   • The product is based on assumptions about user needs that aren’t validated.   • The users you do get are trying to solve a different problem. 𝗦𝗼𝗹𝘃𝗶𝗻𝗴 𝗡𝗼𝗻𝗲𝘅𝗶𝘀𝘁𝗲𝗻𝘁 𝗣𝗿𝗼𝗯𝗹𝗲𝗺𝘀 🧐   • The product addresses minor inconveniences rather than significant pain points.  • Users don't perceive the problem as important. 𝗙𝗿𝗶𝗰𝘁𝗶𝗼𝗻 ⚠️  • Bugs, glitches, or other persistent technical issues are detracting from the user experience.   • Intended "features" prevent users from proceeding, creating an unfavorable or unexpected experience that causes them to leave. 𝗜𝗻𝘀𝘂𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝘁𝗶𝗼𝗻 😐   • The product doesn’t offer anything significantly different from existing solutions.   • Users see the value proposition’s job to be done as something that can actually be tackled by something else. There are many reasons products may be trying to retrofit a problem to a solution. And different strategies will help a product improve or pivot. Have you encountered any of these issues with your product? What steps did you take to address them? ---------- P.S. I'm working on a deeper dive into these reasons and the strategies to tackle them, so follow and stay tuned for more insights! #ProductManagement #StartupGrowth #TechIndustry #ProductMarketFit

🚀 Tips for a Successful Product 🚀 As we continue to innovate at Hotbot Studios, here are some of the core principles that guide our product success: 1. Clear Vision & Defined Goals: Every great product starts with a clear purpose and well-defined objectives. Without direction, even the best ideas can lose their way. 🎯 2. Data-Driven Decisions: Use insights to your advantage! Analyzing data enables informed decisions, helping refine your product and meet market needs. 📊 3. Customer Engagement: Building strong relationships with your audience ensures you’re solving real problems and creating loyal advocates for your product. 🤝 4. Continuous Improvement: Successful products evolve with their market. Stay agile and make ongoing improvements based on feedback and changing trends. 🔄 Success lies in constant learning and adaptation. Ready to transform your product strategy? Please feel free to drop in a comment. #ProductDevelopment #Innovation #DataDriven #CustomerEngagement #HotbotStudios #GrowthMindset #BusinessSuccess

𝐒𝐭𝐨𝐩 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐧𝐨𝐛𝐨𝐝𝐲 𝐰𝐚𝐧𝐭𝐬! Ever launched a feature you thought users would love, only to find it fell flat? That’s why hypothesis validation is crucial! It helps ensure that what you’re building aligns with actual user needs, saving time and resources. Take Dropbox. Before fully developing their product, they created a simple demo video to see if there was interest. The positive feedback validated their hypothesis, leading them to build the full product. How to Validate Your Hypothesis: 1. State Your Hypothesis: “Users will engage more with a new chatbot.” 2. Define Success: Increased user engagement. 3. Build an MVP: A basic version of the chatbot. 4. Test with Users: A/B testing, surveys, feedback. 5. Analyze Results: Did engagement increase? 6 Iterate: If yes, proceed. If no, reassess and adjust. Validating your hypotheses ensures you’re building what users actually want, not just what you think they need. What’s one feature you thought users would love but didn’t? Share below! 👇 #ProductManagement #UserResearch #StartupLife

Validation is the new launch. Counterintuitive? Maybe. Powerful? Absolutely. People are foolishly obsessed with: - Having a huge initial win - Giving as much value as possible - Building out as many courses as they can But here's what I've noticed: The wealthiest creators aren't building based on excitement. They're data driven. They're not doing more. They're doing what matters. Quality over quantity and impact over busy work. Remember: Course sales require a strategy, not hope. - Build an MVP - Build differentiation - Build a validation funnel And most of all? Don’t create things nobody wants. Where can you slow down and focus today?

If you're building an #MVP, the worst thing you can do is building it alone in your own bubble. Talk to users as early as possible, show prototypes to as many relevant people as possible, listen to what they say. They might be your first users when your MVP is ready, or they'll help you guide your product towards something that solves their problem.