Why is Iterative Development Important for Entrepreneurs?
Iterative development is crucial for entrepreneurs for several reasons:
Risk Mitigation: By breaking down the development process into smaller, manageable cycles, entrepreneurs can identify and address issues early. Customer Feedback: Early and ongoing feedback from customers ensures that the product or service aligns with market needs. Resource Efficiency: It helps in efficiently allocating resources by focusing on the most critical features first. Flexibility: The approach allows for quick pivots or changes based on customer feedback or market trends.