No Developers? Why That Might Be Your Greatest Advantage
Launching a tech product without in-house developers can be advantageous, and there may be benefits you're not aware of!
The unforeseen consequences of in-house development
Launching a tech startup is an exciting endeavor, but it often comes with a common challenge: finding the right technical talent to bring your vision to life.
Solo founders with brilliant ideas frequently have the business skills required to take a product to market, but lack the technical expertise needed to build a product offering. They often turn to raising capital to assemble an internal development team, which requires roles like a CTO, Product Architect, Delivery Manager, Mobile and Web Developers, DevOps Support, Agile and Scrum experts, QA and more.
However, this traditional approach can lead to unforeseen consequences. Many founders underestimate the time and resources required to build a scalable and future-proofed product when building a brand new team. Launch dates are often missed as new features continuously creep into the development process. Before long, 12 months or more has passed and these founders find themselves having invested hundreds of thousands of dollars in development, yet they have no product ready to launch. The market landscape has evolved, new competitors have emerged, and their initial vision might no longer align with the current demands.
Investment required for in-house development
The investment required for an in-house development team can be staggering. Start-up founders often expect to pay wages ranging from $500,000 to $2 million per year for the various technical roles required. When additional employee expenses such as an office space, HR, compliance, and other overheads are factored in, the costs become prohibitive. Moreover, if a product does reach launch, and the roadmap is minimal, what do you do with this highly skilled technical team?
How to reduce risk, cost and accelerate your go-to-market launch
Fortunately, there is an alternative solution that significantly reduces costs and risks. Leveraging a digital agency that specializes in product development for new startups allows founders to tap into a well-established and efficient process for developing products quickly and cost-effectively. With such an agency, founders gain access to a seasoned team of developers and business advisors with years of experience from numerous product launches.
By collaborating with an agency, founders can benefit from their expertise in technology best practices and ensure that they are building a modern and scalable product. Most importantly, this approach guarantees the delivery of a minimum viable product (MVP) within a set timeframe.
Devika’s 12 week MVP
This approach is gaining traction among founders, with Devika having successfully launched 20 products in a 12-week MVP timeline in the past two years. It’s a testament to the effectiveness and efficiency of this approach for bringing tech products to market. Most importantly, the costs are minimal in comparison to running an internal development team for 2 years.
The Upside
Beyond reducing development costs, for startups that have already raised capital, the leftover technology funds can be invested towards marketing and go-to-market strategies for launch.
Give it a go!
Are you ready to turn your tech startup dream into a reality without the hassle and cost of assembling an entire in-house development team? Contact us at Devika today and discover how our proven 12-week MVP process can accelerate your go-to-market success. Let’s build your vision together.