Groundswell technology test – entrepreneurs take notes
I’m currently reading a book called Groundswell: Winning in a World Transformed by Social Technologies (1 edition- April 21, 2008). This book was written by two Forrester analyst, Charlene Li and Josh Bernoff . In this book the authors are advising companies about the power of social technologies and how to see it as an opportunity instead of a new threat. The book objective is to educate marketer working for different size corporations about social networks, crowd sourcing, social bookmaking, forums and other people empowering technologies. As I’m reading it I’m realizing that this book is also a very useful resource for entrepreneurs contemplating about building applications engaged in social objects. It is also a good resource for VCs that are about to invest in these kind of endeavors.
This test consists of five questions and in the book the authors ran Twitter through the test. Twitter passed with flying colors as you can imagine.
Anyway here are the questions:
- Does it enable to connect with each other in new ways?
- Is it effortless to signed-up for?
- Does it shift power from institution to people?
- Does the community generate enough content to sustain itself?
- Is it an open platform that invites partnership?
Could this be the recipe for viral product?!
We know that a product requires more non-feature requirements like being scalable, having good performance, better than average usability, being secure, supporting global adoption, well designed (looks good) and more to be successful, yet the justification for its existence could be found in the answers to the questions above.
So run your new creation through these questions, find the gap(s) and make it better along these five dimensions.