A great blog post and a discussion thread on reddit. Some snippets (read the blog for a very insightful discussion):
- Software that re-defines a category (Google and Amazon come to mind)
- Software that saves businesses (and individuals) money (figuring out the benefits to your customer)
- Software that helps business earn more money (making it compelling)
- Piggyback off where people are already spending tons of money (choosing your marketplace)
- Become easier to choose and you become harder to leave (by building and managing excellence)
- shrink a market or disrupt your competitors
- Get bold initial customers who will take the risk and are willing to share their experiences.
- You don’t have to be the guru of an industry; you can often make a huge difference by bringing a computational perspective to the domain (think how you can apply technology to solve real problems)
- Find out what they have to do but hate doing and find a way to simplify or automate it.
This is the kind of blog post that I would book mark and read several times, think about it, find more similar ones. It will also be a nice exercise to keep this list some where and grow it based on actual experiences of successful products. Peter Christensen’s articulates so well some of the things I kind of know but never really reflected a lot about.
I think blogs are the best knowledge sharing network you can think of especially If you are lucky to discover ones like Peter’s.
Thanks for this interesting post. I think this will come in handy in the future.
You might want to remove the extra “http//” from the link to the original blog post though.
Thanks for visiting my blog and the comment. I removed the extra http. Thanks again.