Creating Agile Mobility Solutions in Times of Crisis: A Teem Ventures Workshop at CoMotion Miami
In this moment of unprecedented change, systems that worked well for the prior reality have to be completely re-thought to apply to our current environment. Organizations in public transit have felt this need as a critical resource for urban centers to move people and goods safely during the COVID-19 pandemic.
Don’t Build a BUM: Avoid overbuilding your Minimum Viable Product to save yourself time and money
As I advised corporate executives and founders on product launches over the past few years, I have seen both groups encounter the same challenge: overbuilding their initial product. The problem exists in small companies and large corporations alike for different reasons. But in both cases, the cost is high for screwing this up, either in time to market or sunk costs building the wrong features. Or worse, building the wrong product altogether.
Why does this happen so often?
Finding the "Soft Spots" and Productive Iteration, What it Really Takes to Launch a New Product
Teem Ventures’ Founder and Managing Partner, Raj Amin, recently appeared on This is Product Management; a podcast produced by leading research and experimentation firm AlphaHQ and hosted by Mike Fishbein. Raj discusses lessons learned from his extensive career launching new products and ventures in multiple industries including digital TV, transportation, healthcare and online media. He talks of his time founding HealthiNation, co-creating products with Avis Budget Group and developing a new digital mental health app Personal Zen all while sharing the lessons he has learnt throughout.
Over my career I have been lucky to have had some amazing mentors who have invested in my development. In an effort to pay it forward, I’ve done my best to make time for mentorship with many employees and first time startup CEO’s whenever I can. This idea of paying it forward should be central to an entrepreneur’s ethos, and it usually is, which means for entrepreneurs there should be a lot of potential mentors in your community. But it takes work on both sides to set up mentor-mentee relationships for success.