Product Strategy is one of my favorite aspects of Product Management. As a Product lead at Lyft, Quizlet and Opower, I have started and led teams on several new product areas. When starting on a new product area, one of my main priorities is to "Map out the space" and figure out our path (The other priority is to bond with the team and understand team dynamics). I aim to share the strategy with my team and execs within 3 months of starting as it informs the roadmap, helps me ramp up and demonstrate product leadership. Repeat practice and feedback have helped me become better and quicker at defining strategy. I have tried to distill my approach into these discrete steps. What is strategy? Strategy is an optimal path to achieving a goal - which can be either solving a problem or realizing an opportunity. Good strategy is usually simple and clear, ambitious but achievable, long-term and durable, leverages core strengths and mitigates risks. Good strategy also explicitly identi...
We get upset and unhappy about many things. Someone something said or did upset you. Your parents, partner, friends, or kids are asking you to do things you don't want to, or they misunderstand you. They don't act in a way that you feel is right or helpful. Your manager, colleague, or customer criticized your work, or they aren't cooperating. You didn't get the promotion or award you wanted or think you deserved. You are running low on savings and income and worried that you can't support yourself and your family. You are in physical pain or your health is declining and you have unusual body aches and insomnias. Your country or community is divided. The system seems broken, leaders seem corrupt, and people seem selfish and ignorant. So many flavors of unhappiness, incessantly knocking at your door! But all of these worries and unhappiness are rooted in these four main causes. If you conquer or make peace with those causes, you can rise above all unhap...
See Part 1 discussion on how to generate ideas here . This covers how to execute on ideas and how to take care of yourself Generated by Bing GPT chat, with no edits. Part 2: How to execute on ideas This is Bing. I can generate a conversation between Paul Graham, Sam Altman, Garry Tan, Jessica Livingston, and Michael Seibel on how to work on startup ideas after you have identified 2 or 3. Here is an example of how they might talk: Paul: Hi everyone. Thanks for joining me today to share some insights on how to work on startup ideas after you have identified 2 or 3. I think this is a common challenge for many founders who are trying to find product-market fit. Jessica: Absolutely. I think it's important to remember that the very best startup ideas tend to have three things in common: they're something the founders themselves want, that they themselves can build, and that few others realize are worth doing⁴. Sam: That's right. And once you have a few ideas that meet those crit...