Top Ways Tech Startups Can Prevent Debt Before it Piles Up

Tech debt takes place when any enterprise starts to take shortcuts while coding software for the tech product. They might sacrifice particular coding standards set for the project. Or they might work against the established practices to ensure that all project deadlines and timelines are met and followed. Why tech debt becomes an issue for I.T.-based environments is because it usually involves reworking the code and spending extra time and resources on a product that was essentially stated completed.

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Top Ways Tech Startups Can Prevent Debt Before it Piles Upf

How Can One Prevent Technical Debt?

Once a developer becomes aware of when and where tech debt piles up, they may be able to resolve some of those issues. One is to make sure that the current internet service is as fast and reliable as one of the CenturyLink Internet Plans. Below, we listed some top ways that tech start-ups can follow to avoid debt before it becomes a source of trouble and worry for everyone in the team:

#1 – Don’t Incur Unnecessary Tech Debt for Your New Start-Up

Incurring unnecessary tech debt may seem like an obvious piece of suggestion for a new start-up. But adhering to it may seem to be tricky and a challenge. Especially since new start-ups are usually hot-blooded and ambitious about their cause. What’s more, the debt can be more than one kind. It does not always need to be financial. It can be technical as well. Although nearly all start-ups require a bit of compromise on various fronts, one needs to be particular about which area needs to be compromised.

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#2 – First, Bring the Consumer on Onboard. Then Concentrate on the Product.

Acquiring the customer first is a common mistake that most new tech start-ups make. If this is the strategy that your tech start-up follows, then it’s time to alter it. For it may do more harm than good. Some tech start-ups are always in a rush to increase the number of their customers. Although quality should be key that’s not always the case. Such start-ups customize the product for the customer so much so, that it is no longer recognizable and deviates from the actual thing. This eventually results in building pressure on the company, which may have a product different from the one they initially envisioned. Although, theoretically not a bad idea but it can turn into a nightmarish experience for the production teams.

#3 – Be Flexible in Your Work Stance

A common feature in all start-ups is for team members to often perform their role as ‘jack-of-all-trades’. This does not only cut on extra expenses but also educates team members on the various issues that might crop up at various ends. This way the initial team may learn how to handle various management-related situations that might be tricky. Or learn to deal with ongoing technical errors that constantly occur because of a massive shift in the global industry. This dexterity is great for new ventures and further proves to be useful especially when the start-up feels it is time to expand the team and hire more people for the enterprise. The only downside to this is that when specific individuals such as developers focus on other tasks, such as accounts or management, then their work suffers. In that case, you can outsource or hire fresh grads to help you. Will this minimally affect the cost is the real question. But if it does, we say go for it, as it will be of great help to the professional.

#4 – Don’t Bring in Change Were Not Needed

A common scenario that has often been observed is that most products are stable and don’t require much customization, besides the necessary few adjustments. However, to keep their target audiences captivated with their product, start-ups keep on introducing new features and versions that don’t just end up changing the product entirely but also bring a whole set of new problems to the table. For starters, the sooner new versions of a product/service are introduced; the chances are it will have more errors and will need more time for beta-testing. If the product is stable and doing well in the target market, then let it be what it is. New developers are ambitious and become more so, especially if their product has been well-received in the market. But they should never be hasty with adding new features and should only entertain tricky ideas if there is a gap felt in the market.

#5 – Stick With the Established Budget

One piece of advice all start-ups are usually given is to stick with the set budget. Don’t experiment with it bringing inexpensive tech or bringing the crème da le crème of the industry on board. All that can wait. The goal is to first establish your footprint in the field and then experiment with creatives or otherwise. Be practical in all your expenses, especially your internet connection. Instead of trying out insipid new services, incorporate those that fall under your budget and are practical enough for the long run. One such example is that Wave Internet, which offers a fast and reliable internet connection for a reasonable monthly fee.

Wrapping Up

Avoiding tech debt is tangible and quite achievable if a start-up sticks to a certain set of principles for its first few years. Since the initial years are usually the complex ones, the development team needs to ensure that their basic system is formalized enough to handle the anticipated and unexpected problems that might pop up at the most inopportune of times! While it’s always great to have one foot in the present and eyes on the future, all work practices should be pragmatic enough in the beginning stages. Yet flexible enough to handle all kinds of creative energy while allowing for broader discussions that focus on a brighter tomorrow.

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