In the fast-paced world of tech.
Farwa abbas
5 replies
How do you determine whether to innovate a completely new product or iterate on an existing one? What factors influence your decision?
Replies
Benson Gao@bensongao
Begin with products you use in your work or daily life. If you're not satisfied with them, consider creating plugins for other users on the same platform. If the feedback is positive, you can develop it into a full-fledged product.
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Same question here. Lately I've been using AI models like GPT-4 and Claude to generate product and feature ideas based on pain points I encounter in my daily work. The outputs aren't always product-ready but they're a great starting point to iterate on, especially when I get stuck. Curious what others' workflows look like for this!
Great advice! I started by building a Chrome extension to enhance the functionality of a SaaS product I use daily. The positive feedback from other users gave me the confidence to turn it into a standalone product. Now I have paying customers and it's become a nice side income stream. Definitely recommend this approach if you see an opportunity to improve existing products you rely on.
Totally agree! We all use tech products every day, but when they aren't quite right it's a great opportunity to improve them for yourself and others. I started by making a Chrome extension to enhance a web app I use all the time. People loved it, so now I'm working on turning it into a full standalone SaaS product. The key is starting small by solving your own problems, then expanding from there based on what resonates with users.