Top 5 Questions from Startup Founders: Building the Future and Product Success (Google DevFest)
Rajul Shah
(AI) Product & Startup Strategist | Go-to-Market, Pricing, & Growth Expert | Founder, ProductElements.co | Google WT Ambassador
Hello, changemakers!
This past week, I had the privilege of speaking on the Startup Track at Google DevFest - Ahmedabad #DevFestAhm. It was amazing! The energy, the questions, and everyone’s drive to grow—it was truly inspiring.
But what really stuck with me were the questions the founders asked me—on stage, off stage, and in quiet hallway chats. It’s clear we’re all navigating the same maze, and today, I want to share the top five questions I answered and my detailed take on them.
Let’s dive right in.
1. How can I protect my idea?
Ah, the age-old question! Many founders fear someone might "steal" their idea. The truth? Ideas alone are not enough—they’re like seeds. Execution is the sunlight, water, and soil that turn them into towering trees.
This is one of the most common concerns among aspiring entrepreneurs. The fear of someone stealing your idea can be overwhelming, but the truth is that ideas alone are not as valuable as execution. Here's a detailed guide on how to safeguard your idea while focusing on building it into something remarkable.
1??Validate Your Idea
The best protection is validation. Share your idea selectively with trusted advisors, mentors, or potential users to gather feedback. The more refined and validated your idea becomes, the harder it will be for someone else to replicate it.
2??Leverage Intellectual Property
Depending on your idea, you can use legal protections:
Patents: For unique processes, inventions, or technologies.
Trademarks: For branding elements like your logo or product name.
Copyrights: For original content, designs, or written materials.
However, keep in mind that these measures can be time-consuming and costly, so prioritize what’s essential for your business.
3?? Build Your First-Mover Advantage
Speed is your ally. Focus on getting your minimum viable product (MVP) out quickly. The faster you launch, the more you establish yourself as the original creator in the market.
4??Keep Key Details Confidential
Use Non-Disclosure Agreements (NDAs) when discussing sensitive aspects of your idea with partners or collaborators. While this won’t guarantee protection, it sets clear boundaries and expectations.
5??Execute Better Than Anyone Else
The real moat isn’t just the idea—it’s your ability to execute. A great idea with poor execution will fail, while an average idea with brilliant execution can succeed. Focus on building a strong team, an efficient process, and a compelling customer experience.
6??Foster Community and Brand Trust
Engage with your audience early and build a loyal community. If people believe in your vision and your brand, competitors will find it difficult to lure them away, even if they replicate your idea.
"Protect your idea by building, executing, and outpacing competition."
2. What if a big player builds on my idea faster than me?
This question often keeps founders up at night. But here’s the thing: Big players have strengths, but they also have weaknesses.
1??Big Players Have Limitations
While large companies have resources, they also face bureaucracy and slower decision-making processes. Their inability to pivot quickly gives you the advantage of agility. You can move faster, iterate quicker, and respond to customer needs without layers of approvals.
2??Embrace Your Niche
Big players typically cater to broader markets, leaving gaps in hyper-specific niches. By focusing on deeply solving the problems of a smaller, underserved audience, you can create a loyal customer base that values your tailored solutions.
3??Be Customer-Centric
A smaller company can have a closer connection with customers. Engage with your audience, listen to their pain points, and deliver personalized solutions. Big companies often can’t match this level of attentiveness.
4??Turn Their Weaknesses Into Your Strengths
Study big players’ offerings. Where are they lacking? Is it in usability, customer support, or specialized features? Use these gaps to position your product as the preferred alternative.
5??Speed and Execution Over Resources
Big companies may outspend you, but they can’t out-execute you. Launch your product faster, iterate based on feedback, and outpace them by staying lean and focused.
6??Build a Brand, Not Just a Product
Customers often choose brands they resonate with, not just products. Tell a story that connects emotionally with your audience and build a community that rallies around your mission.
7??Competition Validates Your Idea
If a big player enters your space, it confirms that your idea has value. Use their presence to learn and adapt. Their marketing might even bring attention to your niche, giving you a chance to shine.
"Big players can’t outpace passion, focus, and agility—stay nimble, and you’ll win."
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3. What kind of startup will work in the future?
The future of startups is bright for those who focus on solving meaningful problems, addressing underserved markets, and creating sustainable value. Startups that adapt to changing trends, understand their audience deeply, and deliver practical, user-focused solutions are the ones that thrive.
One key strategy for the future is thinking cross-domain ideas. By combining insights, technologies, and methodologies from different industries or fields, you can create innovative solutions that stand out. For example, integrating healthcare and AI or merging sustainability with fintech can lead to groundbreaking products. Cross-domain thinking often opens new opportunities and provides startups with a unique edge in crowded markets.
Additionally, successful startups in the future will likely embrace:
Ultimately, the best startup idea isn’t one chasing trends or technologies. It’s the one that aligns with your expertise, deeply resonates with your target audience, and solves problems in a way that hasn’t been done before. If you can think beyond boundaries and combine creativity with practicality, your startup will be well-positioned for the future.
"Solve problems that matter, embrace change, and think beyond boundaries."
4. Do I need AI or emerging tech for my startup to succeed?
Absolutely not. While AI and other technologies are exciting, they’re just tools. The core of a successful startup is value creation.
In today’s tech-driven world, it’s tempting to believe that every startup must ride the AI or emerging technology wave to thrive. However, success often depends more on the problem you’re solving than the technology you use. Let’s break this down:
1?? Start With the Problem, Not the Technology
Customers care about solutions, not buzzwords. The key to a successful startup is solving real problems effectively. If AI or emerging tech aligns naturally with your solution, use it. If not, don’t force it—focus on delivering value.
2?? AI and Tech as Tools, Not Goals
Think of AI and other technologies as tools in your toolbox, not the final destination. They can enhance your product or streamline processes, but they’re not a substitute for understanding your customers and market.
3?? Simplicity Wins
Some of the most successful startups focus on simple, intuitive solutions. Adding unnecessary tech can complicate your product and alienate users. A straightforward, easy-to-use solution often beats a tech-heavy one that’s difficult to adopt.
4??Emerging Tech Isn’t Always Necessary
Not every successful startup relies on the latest tech trends. Industries like personal care, sustainable fashion, or niche consulting services can thrive with minimal technology. Focus on what’s appropriate for your domain.
5??When to Leverage AI or Emerging Tech
If your industry is tech-centric or your problem requires complex solutions, emerging technologies can give you a competitive edge. For instance, AI can help with personalization, automation, or insights that scale. Use these tools strategically to enhance your offering.
6??Future-Proofing Without Overloading
While it’s good to stay informed about emerging technologies, don’t overload your startup with tech you can’t sustain. A lean, customer-focused approach often yields better results than a tech-heavy, resource-draining one.
"Success isn’t about trends—it’s about solving real problems with the right tools."
5. What’s the strategy for building a winning product?
Ah, my favorite question—let’s dive into what makes a product truly shine. Over the years, I’ve realized that the path to success is simple in concept but takes relentless execution. Here's my distilled framework:
1?? Deep User Empathy
Start by talking to your users. Not once, not twice, but constantly. The goal is to uncover their pain points, desires, and unmet needs. Great products aren’t built on assumptions—they’re built on insights. Get out there, conduct interviews, observe behaviors, and really immerse yourself in their world. Build a product that solves a real problem and makes users feel, “Wow, this was made for me.”
2?? Ruthless Prioritization
Here’s the trap many fall into: trying to do too much, too soon. Don’t! Prioritize features that deliver tangible value. The fewer things you focus on, the better you’ll execute. Ask yourself, “What will move the needle the most for my users right now?” Let that answer guide your roadmap.
3?? Iterate Constantly
No product is perfect out of the gate. Launch something small, get feedback, and improve. Think of your product as a never-ending experiment—always evolving based on user insights and market dynamics. A static product is a dead product.
4?? Build Trust
This is the magic sauce. Trust is earned by keeping promises, being transparent, offering top-notch support, and showing users you care. It’s not just about having a great product; it’s about building a lasting relationship with your audience.
Great products aren’t born; they’re nurtured. It’s not about having the flashiest features or the biggest launch—it’s about solving real problems, staying focused, evolving with your users, and earning their loyalty.
“Empathize. Prioritize. Iterate. Trust. Repeat.”
And there you have it—my answers to the questions that matter most to startup founders.
I hope these insights resonate with you as much as they did with the DevFest audience. If you have any follow-up questions, hit —I’d love to hear from you!
Here’s to building better products, faster.
Till next time,
Rajul Shah
Founder, ProductElements.co