Posts Tagged ‘ventures’

Continued from: Start-up Series (Part I): What we do for the start-up entrepreneurs that hire us

Last time, we talked a bit about what we do for entrepreneurs that come to us with an idea for a consumer web or mobile start-up. Today, we’ll quickly go through the process we use to get to BETA.

First, it’s important to remember that there are usually two challenges that most startups face when they start building their BETA.

  1. Somewhat blurred product vision
  2. Limited capital

Having blurred product vision is pretty common. This comes in many shapes and forms. For instance, we often see a fairly decent vision, but a long list of features. Parts of the product may have been worked out, but other key parts, such as the user experience is full of holes. This is OK. It is often the reason why entrepreneurs come to us in the first place.

Having limited capital is a given. Sometimes though, there are also limited resources available as an entrepreneur may not have the time available to put 100% into the startup and often is not familiar with the large work load that comes with starting something from ground up. This is where our process comes in handy.

The basic steps are:

  1. Entrepreneur provides all documents to Fabric for review
  2. Q&A session with entire team – including product leads, design, experience, marketing, and tech
  3. Fabric will produce a high-level estimate (Scope of Work)
  4. Entrepreneur Funds Project
  5. Definition: Detailed definition is developed for the first release of the product
  6. User Experience Design: Wireframes and Functional Specifications
  7. UI Design: Making it look great!
  8. AJAX (or Flash is you are crazy)
  9. Development: Database and Programming
  10. Hooking to 3rd parties (most web startups are full of API hooks)
  11. Admin Tools and such
  12. Deliver website or application on Staging Server
  13. Testing & QA
  14. Deliver Alpha or BETA website/app to Production Server
  15. Deployment: Tell everyone you know about your amazing product!

This is the quick and dirty work flow. In some cases, we have to work hard on concept development while other times it's more a matter of focusing on key user experience challenges. There are two rules we always follow:

Keep it simple and focus on the one thing you have to get right for users

Get your BETA up fast!

Once the BETA is up, we start working on the Product / Market fit, which is really just all about user feedback loops and product iterations. In our experience, this is really the hard part, but it's also the fun part. There's nothing as exciting as getting real people to give you feedback on your invention!

Next time, we’ll look at what kind of documentation we are looking for when we start working with you (hint: it’s not your business plan).

Start-up Series (Part III): Where is your business plan?


For the past year, we've spent most of our time focusing on a new path - a new strategy - for Fabric.

Today, we announce (officially!) that we are 100% committed to helping entrepreneurs, brands, and media build new digital products and drive key usage metrics for those products.

So why would a Startup or brand work with Fabric and not just hire it's own team?

It's fairly simple. Most startups or brands that come to have two key challenges:

  • They have limited cash and need to bring a new product to market (for testing or raising Seed capital)
  • They need an experienced product/technical team with a proven process for Alpha/BETA builds

What we offer is a faster and less costly route to market for those who do not have their full teams in place. We are focused on the first 6 months of the product cycle - taking a product from zero to 100,000 users. Fabric's teams and process is focused on driving key usage metrics from fast learning and rapid product iteration.

At the product development level, we bring:

  • Product focused design and engineering teams (2)
  • Rapid Product Iteration Process (Lean Startup)
  • Advice from experienced entrepreneurs and product designers
  • Experience of success and failure
  • Large existing code base and tools to speed up development

We know that the most challenging aspect of bringing a new product to market is to get initial traction and drive usage. Therefore, in addition to our Rapid Iterative Product Development Process we also offer go-to-market services for new products and Startups:

  • Initial user-acquisition support
  • Marketing and social media programs and teams
  • Advice and support on core metrics and processes for measuring what matters
  • Access to deep network of potential launch partners in most verticals

If you have a new Internet/mobile consumer or SaaS product, we want to talk to you. Right now, the product we build sits within social, mobile, geo-location, and SaaS, but we're open to any project that is utility based and/or is attempting to solve a real problem. Call us!



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