Startup Stages And How To Build A Design Team Around It
Althea Coutinho
Designing B2B Products for Fintech and Insurance | Building Designcoz
If you are looking to hire a product designer, understand the need of your product & the stage it’s currently in before you start hunting. Every stage in the digital product development phase is a crucial one, its requirements are specific which need the right design skills & experience to deliver the best output to your users. We know this more since we’ve launched 120+ digital products for 80+ founders over the past 7 years. What a ride and learning experience it’s been for our team.
Today’s digital hiring space is cluttered more than ever, while it’s easier to connect with new talent, it's overwhelming to dissect skills you really need on the team. Promising profiles, exceptional work portfolios & use of smart vocabulary makes every talent look greater than the previous one you shortlisted.?
Here’s defining 5 crucial stages of product design & the kind of designer you should on-board:?
1) The Launch Phase (Pre-seed, Seed)
Where your product’s at: You have a vision & you need help to visualize it into a functional product, quickly. Founders in this phase are looking for a problem-solution fit.?
Hire a Product Designer with: Convergent thinking skills to give a visual story for your idea. They should help you prioritize the most impactful features & create an end-to-end flow with the least amount of slippages in functionality.
Things to keep in mind at this stage:?
2) The Traction Phase (Series A)
Where your product’s at: Now that the product traction gradually starts to increase, it becomes quite crucial to build an efficient system and add value-added features that can complement your core product offering. Founders in this phase are looking for a product-market fit.
Hire a Product Designer with: Lateral thinking skills who will help preserve what is working so far and at the same time add features that can further enhance the product.
Things to keep in mind at this stage:
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3) The Growth Phase (Series B-C)
Where your product’s at: Your product should have gained considerable users by now as per the product offering probably with a high cash burn rate. Founders in this phase are looking for a business-model fit.?
Hire a Product Designer with: Divergent thinking skills and some technical knowledge. This ensures improvement in product metrics, chances to explore more feasible solutions and conduct A/B tests.
Things to keep in mind at this stage:
4) The Maturity and Expansion Phase (Series D+)
Where your product’s at: Congratulations! You have done a great job bringing your product so far. All the problems you will have going forward will be good problems. Founders in this phase are looking for a demand-serviceability fit.?
Hire a Product Designer with: Thought leadership skills which will help take the product in new directions while conducting workshops & using insights across the board.
Things to keep in mind at this stage:
In case you are looking to design a product or join our team, feel free to write to us at [email protected]
Building product from 0 to 1
2 年Really helpful ??