If its your first product then try to go for less. Conventional wisdom says that you should beat the competitors by offering more; more features, more options and more preferences.
This sort of one-upping Cold War mentality is an expensive way of building products that would overwhelm and confuse the end user.
Barebone less, less features, less options, less people and corporate structure, less meetings and, definitely, less promises.
Then, when you finally get it, iterate . . .,