The Launch
Recently, I had the privilege and honour of launching my book in India at the SRM AP - India’s campus. It was an amazing moment, as the university is gearing up to welcome tens of thousands more students, offering a multitude of courses and expanding at an astonishing pace.
Entrepreneurship is not just a fancy word; it blends corporate stewardship through CSR, enables traditional businesses, and fosters new ideas. The access to technology, innovation, resources, and capital is unparalleled. The changes happening at the grassroots level will undoubtedly boost employment and GDP at an enviable pace.
The Book
From Features to Benefits: A Hard-Learned Lesson from the Startup Trenches
As a technical specialist turned entrepreneur, I’ve spent countless hours, and even more energy, in the throes of building products that I believed were nothing short of revolutionary. Features were my battleground, and I was armed to the teeth. But after years of scar tissue and conversations with over 500 startup founders, I’ve come to realise something that I should have grasped far sooner: buyers don’t care about features; they care about what’s in it for them.
In the world of startups, we often fall into the trap of "feature stacking" or worse, "shiniitis"—the incessant chase for the next shiny feature. But here's the rub: the most successful founders I’ve encountered are not the ones with the most features; they’re the ones who understand and articulate the benefits to their customers. As Charlie Munger, the sage of simplicity, once said, "Do one thing and do it well."
The Scar Tissue of Experience
My journey into this realisation wasn't smooth. Like many technical founders, I was enamoured with what my product could do. I believed that its sheer technical prowess would be enough to win over customers. But time and again, I found myself in meetings where the excitement I felt for the technology was met with lukewarm interest. The question that would invariably cut through my enthusiasm like a knife was: "What’s in it for me?"
This question, simple as it may seem, is one that we, as founders, should ask ourselves at every step. And yet, it's often overshadowed by our love for the features we’ve painstakingly developed. This is where the scars come in—mistakes made, opportunities missed, all because I failed to put the customer's needs front and centre.
The Distinction That Makes All the Difference
After speaking with over 500 startup founders, one key distinction became glaringly obvious: those who focus on customer benefits outperform those who are obsessed with features. This isn’t just a trend; it’s a truth. Customers aren’t buying your technology; they’re buying what your technology can do for them. They’re investing in the outcomes, the solutions to their problems, and the value you can add to their lives or businesses.
This shift in mindset—from features to benefits—is not just important; it’s imperative. The features you develop are important, yes, but they are the means to an end. The end is the benefit you provide to the customer. And that benefit should be the star of the show, not an afterthought.
Embracing a Benefit-Centric Methodology
In my book, The Benefit Blueprint for Startup Success, I argue that the true essence of a startup’s success lies not in the features it stacks but in the benefits it delivers. As I articulate, "Great businesses are built not by falling in love with the product but by falling in love with solving customer problems." This mindset shift is the cornerstone of a benefit-centric methodology.
Building a Benefit-Driven Culture: The culture you foster in your startup should echo this principle. As I note in the book, "The journey to a benefit-driven culture begins with embedding customer-centric values deep into your company’s core. It is this alignment that transforms a business from merely existing to truly resonating with its customers." This means that every innovation, and every decision, should be scrutinised through the lens of customer benefit.
Innovation Rooted in Customer Benefits: In a market where change is constant and competition fierce, the only way to stay ahead is by continuously enhancing the benefits your product or service provides. As I write, "True innovation is not about adding more features but about reimagining how those features can create real, tangible value for the customer." This approach ensures that your startup remains agile, always evolving in ways that serve the customer’s best interests.
Sustainable Growth and Loyalty: Finally, a benefit-centric approach is the bedrock of sustainable growth. As I express, "A business that consistently delivers value creates not just customers but advocates—loyal followers who not only return but bring others along with them." This is the true measure of success: a growing, loyal customer base that sustains your business through every challenge and change.
The Road Ahead
For anyone reading this who is in the early stages of their startup journey or who, like me, has the battle scars to show for years in the trenches, I urge you to make this shift as early as possible. Ask yourself with every decision, with every new feature, “How does this benefit the customer?” If you can’t answer that clearly and compellingly, you might be veering off course.
Remember, startups succeed not by doing more, but by doing what matters most—delivering unparalleled value to customers. And that value is not in the features you offer but in the benefits those features bring.
So, let’s focus on what really counts. Let’s turn our gaze from the technology we build to the lives we aim to improve. It’s a shift that can make all the difference.
The Offer
The book is currently available on Amazon and Kindle and from my website.
If you order from my website @ sameerbabbar.com: here
I will ship it to you at no cost.
I will offer a 15-minute obligation-free discussion via Zoom.
© Sameer Babbar
sbabbar@sameerbabbar.com
Follow/Connect on Linkedin
Read First on Substack
Disclaimer: This is for information only. It does not take into account your objectives, financial situation, or needs. The author, his company, his associates, his directors, his staff, his consultants, and his advisors do not accept liability for any loss or damage, including, without limitation, any loss that may arise directly or indirectly from the use of or reliance on the information provided