--- title: Experts Share Best Practices for Taking an Idea Live description: Got a million-dollar idea? In this MGS20 panel, experts share their best practices for turning ideas into reality. image: https://web3growthassociation.com/hubfs/Screen%20Shot%202020-05-29%20at%203.37.14%20PM.png --- [![MGA Logo_Horizontal-Color-434px](https://web3growthassociation.com/hs-fs/hubfs/MGA%20Logo_Horizontal-Color-434px.png?width=217&height=26&name=MGA%20Logo_Horizontal-Color-434px.png "MGA Logo_Horizontal-Color-434px")](https://web3growthassociation.com/) Open Search Events [MGS 22 Las Vegas](https://events.bizzabo.com/358800) [Executive Connect](https://events.bizzabo.com/executiveconnect) [Women Of The Year Awards 2022](https://widgets.mobilegrowthassociation.com/events/mgs-22/page/2031094/women-of-the-year-awards) [See All Events](https://web3growthassociation.com/events) [APPLY TO SPEAK](https://web3growthassociation.com/speaker-application) APPLY TO SPONSOR Webinars & Webcasts [MGA Webinars](https://web3growthassociation.com/webinars) [APPLY TO SPEAK](https://web3growthassociation.com/speaker-application) APPLY TO SPONSOR Podcasts [Fintech Growth Talk](https://web3growthassociation.com/fintech) Channels [User Acquistion](https://www.mobilegrowthsummit.com/all-media?ua) [Retention & Engagement](https://www.mobilegrowthsummit.com/all-media?re) [Artificial Intelligence](https://www.mobilegrowthsummit.com/all-media?ai) [Monetization](https://www.mobilegrowthsummit.com/all-media?monetization) [LTV](https://www.mobilegrowthsummit.com/all-media?ltv) [Mobile Gaming](https://www.mobilegrowthsummit.com/all-media?gaming) [See All Media](https://web3growthassociation.com/all-media) [SUBMIT ARTICLE IDEA](https://share.hsforms.com/1qyaCXBsCRHyus5ftkoqRXw34v9x?__hstc=17895014.67ed4e0440429f7fd858dbdaa6017f42.1596082292944.1610407079532.1610469949158.104&__hssc=17895014.1.1610469949158&__hsfp=555322576) [Industry Jobs](https://careers.mobilegrowthassociation.com) [Join Now](https://web3growthassociation.com/membership) Open Search Close Search [  How To Drive Growth Of In-App Purchasing](https://web3growthassociation.com/blog/how-to-drive-growth-of-in-app-purchasing) [Four Simple Tips to Boost App Retention and Engagement  ](https://web3growthassociation.com/blog/four-simple-tips-to-boost-app-retention-and-engagement) # Experts Share Best Practices for Taking an Idea Live ![](https://web3growthassociation.com/hubfs/Screen%20Shot%202020-05-29%20at%203.37.14%20PM.png) [Rebecca Castellani](https://web3growthassociation.com/blog/author/rebecca-castellani) Posted Jun 26, 2020 [mailto:?subject=Check%20out%20Experts%20Share%20Best%20Practices%20for%20Taking%20an%20Idea%20Live%20&body=Check%20out%20https://web3growthassociation.com/blog/experts-share-best-practices-for-taking-an-idea-live&utm_medium=social&utm_source=email](mailto:?subject=Check%20out%20Experts%20Share%20Best%20Practices%20for%20Taking%20an%20Idea%20Live%20&body=Check%20out%20https://web3growthassociation.com/blog/experts-share-best-practices-for-taking-an-idea-live&utm_medium=social&utm_source=email) [Product and Development](https://web3growthassociation.com/blog/tag/product-and-development) [Product](https://web3growthassociation.com/blog/tag/product) Got a million-dollar idea? In this MGS20 panel moderated by Stewart Skrondal, Director of Client Solutions at Blue Label Labs, experts share their best practices for turning ideas into reality. Panelists include Mary Yang (Director of Product at LinkedIn), Ryan Baird (CEO of Lyka), and Marti Romances (Co-Founder and Creative Director of Territory Studio). The panel begins with high-level advice on bringing new ideas to life. Skrondal asks the panelists about key resources necessary for new product development, and Romances advocates a “function first” approach. The conversation then turns to effective communication; Baird recommends mobile messaging for remote and international business, while Yang espouses the value of a feedback friendly environment. On the subject of design, Yang suggests up-front alignment, high-iteration testing, and rapid prototyping — sentiments echoed by Baird and Romances. The conversation concludes with the panelists' thoughts on managing constraints, how and when to pivot your idea, and the importance of keeping a curious, open mind when faced with change.   #### [![](https://web3growthassociation.com/hubfs/icon-calendar.svg) Upcoming Events](https://web3growthassociation.com/events) #### [![MGA Podcasts](https://web3growthassociation.com/hubfs/icon-podcasts.png) Podcasts](https://web3growthassociation.com/podcasts) ##### [![Simplifying Taxes for Freelancers](https://web3growthassociation.com/hs-fs/hubfs/image001-2.jpg?width=300&name=image001-2.jpg) Simplifying Taxes for Freelancers Posted Feb 15, 2022](https://web3growthassociation.com/podcasts/simplifying-taxes-for-freelancers) ##### [![Unlocking the Potential of Financial Services with AI](https://web3growthassociation.com/hs-fs/hubfs/Fintech-Growth-Talk---Kevin-Levitt.jpg?width=300&name=Fintech-Growth-Talk---Kevin-Levitt.jpg) Unlocking the Potential of Financial Services with AI Posted Dec 29, 2021](https://web3growthassociation.com/podcasts/unlocking-the-potential-of-financial-services-with-ai) ##### [![AARP: The intersection of Health Tech and Fintech](https://web3growthassociation.com/hs-fs/hubfs/image001-1.jpg?width=300&name=image001-1.jpg) AARP: The intersection of Health Tech and Fintech Posted Dec 10, 2021](https://web3growthassociation.com/podcasts/aarp-the-intersection-of-health-tech-and-fintech) ##### [![FinTech and mobile strategy insights from Google](https://web3growthassociation.com/hs-fs/hubfs/Cherlene-Jolly%20V2.jpg?width=300&name=Cherlene-Jolly%20V2.jpg) FinTech and mobile strategy insights from Google Posted Nov 27, 2021](https://web3growthassociation.com/podcasts/fintech-and-mobile-strategy-insights-from-google) ##### [![Rebuilding the financial services ecosystem one API at a time](https://web3growthassociation.com/hs-fs/hubfs/Fintech---Richie-Serna.jpg?width=300&name=Fintech---Richie-Serna.jpg) Rebuilding the financial services ecosystem one API at a time Posted Nov 10, 2021](https://web3growthassociation.com/podcasts/rebuilding-the-financial-services-ecosystem-one-api-at-a-time) ### Recommended Articles #### [![Where the action and the money *really* is in mobile gaming apps](https://web3growthassociation.com/hs-fs/hubfs/Website%20Images/Podcast%20Images/All/NebojshaMitrikeski_mediaThumbnail-650x325.jpg?width=300&name=NebojshaMitrikeski_mediaThumbnail-650x325.jpg) Where the action and the money \*really\* is in ... 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