What Exactly Are 'Deliverables' In Software Development?
Software development has a lot of jargon, and one of the tricky parts of working in the industry is that not everyone uses the jargon consistently.
A "unicorn" is a startup with a valuation north of a billion dollars, so-called because of their extreme statistical rarity.
In order to build a unicorn, a founder will need the magic combination of:
This might make anyone think that the only way to launch a successful tech startup is to come from a background steeped in product and engineering. However, the opposite is often true.
Of the 1,200 unicorns worldwide, research by the VC firm Cowboy Ventures shows that 40% of them were founded by entrepreneurs who don't have technical backgrounds.
Instead, building a successful tech startup company is all about leveraging your strengths and then strategically building a team to complement your weaknesses. We'll share some tips below.
More than a handful of non-technical visionaries have changed the world with their ideas over the last few decades. This list includes current and previous unicorns like:
Of course, we should also mention that Apple cofounder Steve Jobs, Alibaba cofounder Jack Ma and LinkedIn cofounder Reid Hoffman also launched their companies without technical backgrounds.
Each of the founders we listed above works closely with a technical cofounder.
In other words, even though you don't need an engineering background to found a technology startup, you do need engineering expertise to bring your startup idea to life and scale it.
If you aren't lucky enough to get introduced to Steve Wozniak by a mutual friend, or have your technical cofounder sitting across from you at your college dorm, what can you do?
If you are still coming up empty-handed after trying the above, you can also:
In the end, launching a successful, disruptive idea can require creativity and outside-the-box thinking on your part. If it was easy, everybody would be doing it.
As an early stage company, especially when you're pre-investment, being successful is all about turning constraints into opportunities.
That starts with resources. As Brian Chesky told Forbes:
"We had a saying that you would do everything by hand until it was painful. So Joe and I would photograph homes until it was painful, then we get other photographers. Then we'd manage them with spreadsheets until it was painful. Then we got an intern."
Being strategic with how you spend money can keep your costs low and extend your runway.
Whether they be financial, human or material, maximizing your resources involves prioritizing what really matters for building a product for your customers and being creative with how you do it.
That is what led us to build Archie, our AI-driven product architect.
If we take a step back, we are standing at a transformational point in the history of the tech industry.
Rapid advances in generative AI have made it possible for workers in a range of industries — from human resources to software development, customer service, film and writing — to do their jobs more quickly and more effectively.
We're not suggesting that AI replace anyone doing these jobs, but rather that it helps them do their jobs better.
That's the benefit that Archie offers to non-technical founders. It helps compliment your weaknesses and handle the technical aspects better.
The way it works is simple: Give Archie a short description of your product idea. Archie will quickly get to work with end-to-end ideation and architecting of your business plan.
With Archie's AI-driven capabilities, non-technical founders can seamlessly transform their ideas into structured, actionable plans. Here’s how Archie enhances the ideation process:
Archie doesn't just help you mull over ideas; it excels in providing detailed, accurate and scalable architectural plans.
By using Archie for both ideation and architecture, non-technical founders can confidently navigate the complexities of starting a tech company.
We're excited about helping you achieve amazing results.