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My thoughts & lessons learned on startups, entrepreneurship, marketing and other stuff.

The False Promise of One More Feature

August 25, 2009 Posted in Product Management by Ben Yoskovitz View Comments

How often have you said (or heard someone say), “If we just add that one new feature, we’re going to hit a home run with this thing!”

I’ve heard it a lot. I’ve even said it a lot (more times than I’d care to admit.)

It’s easy to get lured into the feature creep trap – where we believe that by adding that one extra thing, that one last piece of the puzzle that everyone’s supposedly clamoring for – we’re going to increase sales, grow a successful business and exit for $100MM.

Except two things happen:

  • The individual feature never has the impact we expect; and,
  • Because of that, we jump to the “next must-have feature that’s going to win this one for us!”. (Feature creep can become an addiction…)

Fred Jabre has a great post about the reason his startup failed. Kudos for writing it, and I’m certain Fred will take another kick at the startup can in the future. Here’s the key quote:

So the number one reason my startup failed was: I was distracted by a cool and shiny feature that didn’t solve anyone’s problem. The shinier and more tempting features of any software program should be regarded with a high level of suspicion. There may be a reason some things are so shiny and alluring. Traps often have this quality. My advice to anyone creating a solution is to march straight towards your initial goal, as long as the goal really does address a true need then that’s what you should focus on.

The whole time I was reading the post (which I recommend you go do!) I kept thinking to myself, “When was Fred going to speak with customers to find out what they wanted, how they wanted it delivered, and how much they’d pay?” And inasmuch as Fred’s experience is a great case study for why obsessing over uber-cool features is bad in startups, I think he has to also be careful about the advice he’s providing. “Marching straight towards your initial goal” can be equally as blinding, unless you’re absolutely sure that the goal makes sense. Fred does point out that the goal has to truly address a need; but even that’s not going far enough. This is a perfect situation for using Customer Development (read: Four Steps to the Epiphany and Lessons Learned). Before you start marching anywhere, figure out who your customers are, speak to them, get them on board, test your assumptions, rinse and repeat. The hard work isn’t in building the actual application, it’s in knowing what to build and why.

Of course it’s easy to be a “backseat startup driver”, but Fred’s experience is extremely common for startups. I’ve been through it myself (and it sucks!)

At the end of the day, the shiny new feature might matter, but never as much as you really think (and possibly not at all!) And certainly not at the expense of building an actual business.


Is Linkbait Dead?

August 18, 2009 Posted in Blogging by Ben Yoskovitz View Comments

Skeleton Pirate with Ghost Ship

The simplest definition of linkbait is a blog post that attracts people’s attention enough to get them to link back to the post. Getting links to a blog post is crucial for SEO.

Generally speaking: more links = better SEO. And better SEO = more traffic.

I’m simplifying, but the basic premise is there. For a more detailed definition you can check out these great posts about linkbaiting.

The truth is: linkbait works best when the content is great. It’s about writing great headlines and valuable content. So I don’t consider linkbait cheesy or inappropriate (although I’ve seen some fairly lame efforts at it.) Most of the time I consider successful linkbait to be about, “writing great content in a very smart way.”

Tad Chef has a great resource post (in and of itself a nice piece of linkbait!) – 45 Link Baiting Resources: Ideas, Techniques, Case Studies & Drawbacks.

I agree with Tad that the terms “linkbait” and “linkbaiting” are not used as much anymore because the concept has become the norm. But what I am curious about is whether linkbait is really relevant anymore? And whether it works as well as it used to?

I’m seeing less and less links to this blog. I suspect others are seeing the same thing. And one of the big reasons is Twitter.

Twitter is where more and more people are sharing the precious resource that bloggers’ crave: links. It’s so much easier to tweet a link than to write a blog post. And bloggers have made it even easier, using things like Tweetmeme to encourage the behavior. But the result is that you get less links from blogs. Tweets with your linkbait link are still valuable – they can drive traffic, buzz, etc. – but they don’t have the same SEO value by any stretch of the imagination.

So if linkbait doesn’t generate as many links as it used to because of Twitter (and I believe Facebook will have more of an impact on this as well), and this is only going to get worse in the future, the question is this:

Is Linkbait Dead?

Maybe we should call it TweetBait? You tell me! And feel free to link over … oh, and tweet too. Much appreciated!


Key Thing to Ask When Hiring Designers

August 10, 2009 Posted in Recruiting by Ben Yoskovitz View Comments

Do Your Customers Link Value to Price?

August 9, 2009 Posted in Business by Ben Yoskovitz View Comments

Web Apps Don’t Motivate New Users Enough

August 6, 2009 Posted in Product Management by Ben Yoskovitz View Comments