Tactic 7: Product Roadmap

Introduction

A product roadmap is an important tool for an entrepreneur starting a new business because it provides a clear and concise plan for the development and launch of the product. It allows the entrepreneur to set clear goals and priorities, identify potential challenges and risks, and allocate resources and budget in a more effective and efficient manner. A product roadmap also helps to align the efforts of the entire team towards a common vision and to communicate the product vision and strategy to stakeholders such as investors and partners.

As an entrepreneur, one of the best ways to save time and money when building a product roadmap is to start by clearly defining the goals and objectives of your new venture. This will help you prioritize the features and functions that are most important for your business and ensure that you don't waste time and resources on things that aren't essential.