Founder Thoughts: My Experience with Community-Driven Product Development
When I started building my stock portfolio analysis tool, I knew that I wanted it to be a community-driven project
I wanted to create something that truly served the needs of the users and provided value to them. I also knew that I wanted to be transparent about my progress and share my journey with others. So, I decided to build in public.
Building in public
Building in public for me, meant sharing my progress on social media, discussing my development process with other creators, and being open to feedback from users. It was a little scary to put my work out there before it was fully polished, but it turned out to be the best decision I could make.
One of the ways I did this was by actively seeking out feedback from online communities, specifically Facebook groups. I found that it was challenging to find groups that were truly valuable, but after joining 20-30 groups, I finally found 3 that were truly valuable for me. These groups have provided me with a wealth of input and helped me to improve my product.
Transparency Is Important
Being transparent about your progress and open to feedback can help you create a better product that truly serves the needs of your users. Finding and participating on good online communities to get feedback is hard but it's worth it. And, if you’re worried about the ‘imperfections’ being shown before the product is ready, remember that a product that is in constant improvement is better than one that was never released.
Crush The Market
Published Wed Jan 11 2023
Here are some more articles from us you might like...
Really Into Investing?
Try Pro Free For 14 Days
Upgrade to our pro service to gain access to real-time business news and analysis that can help you stay ahead of the stock market and make informed investment decisions.
Everything In Free Plus
Unlimited Stock Screening, Comparison & Search
Up to 50+ Analyst Ratings
Up To 35+ Years Of Company Financial Statements
Performance Analysis Backtesting
Automated Saved Screener Emails
More Stock News
Daily Stock News Update Emails (US Stocks)
Instant Access. Cancel Anytime.