There are three things I believe are necessary for success in product development, and perhaps in other endeavors in Life as well.
Courage. You need the courage to dream on a very wide canvas, the courage to fail and make mistakes, the courage to acknowledge what can defeat you and persist in your efforts to resolve it. You need the courage of commitment to stay the course despite what others may have to say or how detractors may perform their dance of distractions. You need the courage to be able to listen, shed your prior biases and conviction. You need the courage to trust your team and play an important part in keeping them challenged, ever growing as people.
Craft. Your craft – the skills you bring to meet the challenge – is really critical. It is not all about what you know already. It is more about what you can learn and teach and share. It is about how open you can be to ideas and thoughts – and how respectful you can be towards the contributions of others, small or large. It is the craft that distinguishes the weak from the strong, the doers from the doomsayers. If you don’t grow while making your product, it is never going to grow either.
Character. A product without character and a team without a conscience are bound to fail. It is the moral intent behind the product that helps it transcend the domains of the merely useful. To be transformational, there must be a soul to the product and its own consciousness and integrity. This is very important to realize and practice – which aspect of your product promotes or has the potential to promote greater social good, and which part is only purely parochial and transient, driven by greed rather than compassion or ingenuity.
Courage. Craft. Character. Three things that are perhaps extremely relevant in many areas – including edTech. Education, though, needs much more emphasis on Character than before. Large players with the ability to disseminate and scale the product, need to shoulder the responsibility for operating with professional, social and financial integrity. And if this happens, the sky is indeed no limit.