Product Strategy

Topic Tags
#leadership#pivot#product-market fit#startups#strategy#metrics#funding

Questions You'll Answer

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What is product-market fit?

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How do you find product-market fit?

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What metrics do you use to measure product success?

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What is a north star metric for a product?

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What is a pivot?

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What are the typical funding rounds for startups and companies trying to raise funds?

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Who are product leaders? What do they do and what is product leadership?

What You'll Learn

1

Know what goes into a good product

2

Feel it in your soul when a "product" just ain't it

3

Be aware of how startups and industry get funding, and what metrics/trajectories they prioritize

Hard Truths

Reality Check

Product-market fit simply isn't thought about, most certainly not efficiency and working at scale (see: $1 vending machine that dispenses $100 doesn't have product-market fit).

Reality Check

People always have want to develop something new, without thinking of the long tail that's involved with maintaining something you developed.

Reality Check

No one is incentivized to terminate their projects/products even if poorly performing, because it means they lose MMF, lose funding, lose appraisal work achievements.

Resources

Apptitude / Curated by Zixian Chen

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