Strategy

5 Key Attributes of a Great Product: The Core of Startup and Scale-Up Success

DC

David Cyrus

Founder, Attainment

October 1, 2024

12 min read

AI Summary

Building a great product requires five core attributes: solving a real problem, delivering exceptional user experience, maintaining technical excellence, achieving product-market fit, and committing to continuous improvement. This article breaks down each attribute with practical examples and actionable insights for product teams.

Building a great product is not about luck or quick fixes. It's about deliberate design, understanding your customers' core problems, and maintaining a relentless focus on continuous improvement.

After working with dozens of startups and scale-ups, I've identified five attributes that separate great products from mediocre ones. These aren't theoretical concepts—they're practical principles that drive product success.

1. Solves a Real Problem

The foundation of any great product is solving a problem that customers actually have—not a problem you think they should have.

Too many products are built around solutions looking for problems. The result? Products that are technically impressive but commercially irrelevant.

How to validate you're solving a real problem:

  • Customers can articulate the problem without prompting
  • They're currently using workarounds or paying for inadequate solutions
  • The problem is frequent enough to justify a solution
  • Solving it creates measurable value (time saved, revenue gained, costs reduced)

2. Delivers Exceptional User Experience

A great product isn't just functional—it's delightful to use. User experience (UX) is the difference between a product customers tolerate and one they love.

Exceptional UX means:

  • Intuitive: Users can accomplish tasks without extensive training or documentation
  • Fast: The product responds quickly and doesn't waste users' time
  • Reliable: It works consistently without bugs or crashes
  • Beautiful: The design is clean, modern, and pleasant to interact with

Remember: customers compare your product to the best experiences they've had, not just your competitors. If your UX doesn't match the quality of consumer products like Stripe, Notion, or Figma, you're falling behind.

3. Maintains Technical Excellence

Great products are built on solid technical foundations. This doesn't mean over-engineering—it means making smart architectural decisions that enable speed, reliability, and scalability.

Technical excellence includes:

  • Clean, maintainable code that's easy to update and extend
  • Robust testing and quality assurance processes
  • Security and privacy built in from day one
  • Performance optimization for speed and efficiency
  • Scalable architecture that grows with your business

Technical debt is inevitable, but great product teams manage it proactively rather than letting it accumulate until it becomes a crisis.

4. Achieves Product-Market Fit

Product-market fit (PMF) is the holy grail of product development. It's the point where your product resonates so strongly with your target market that growth becomes easier.

Signs you've achieved PMF:

  • Customers are actively seeking you out, not just responding to outreach
  • Word-of-mouth referrals are driving significant growth
  • Retention rates are high—customers stick around and expand usage
  • You're saying "no" to feature requests because you're focused on your core value proposition

PMF isn't a one-time achievement—it's something you maintain and evolve as markets change and customer needs shift.

5. Commits to Continuous Improvement

Great products are never "done." They evolve based on customer feedback, market changes, and new opportunities.

Continuous improvement means:

  • Regularly shipping updates and new features
  • Listening to customer feedback and acting on it
  • Monitoring product metrics and making data-driven decisions
  • Staying ahead of competitors and market trends
  • Investing in innovation, not just maintenance

The best product teams operate with a growth mindset—they're never satisfied with "good enough" and always looking for ways to make the product better.

The Bottom Line

Building a great product requires all five attributes working together:

  1. Solve a real problem
  2. Deliver exceptional user experience
  3. Maintain technical excellence
  4. Achieve product-market fit
  5. Commit to continuous improvement

Miss one, and your product will struggle. Nail all five, and you'll build something customers love and competitors envy.

People Also Ask

How do you know if you've achieved product-market fit?

You'll know when customers are pulling your product into the market rather than you pushing it. Look for organic growth, high retention, and customers who would be "very disappointed" if your product disappeared.

What's more important: features or user experience?

User experience. A product with fewer features but exceptional UX will beat a feature-rich product with poor UX every time. Focus on doing a few things exceptionally well rather than many things poorly.

How much should you invest in technical excellence vs. speed to market?

Balance is key. Move fast to validate product-market fit, but don't accumulate so much technical debt that you can't iterate. The best teams ship quickly while maintaining code quality and architectural integrity.

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