Lessons from 500 Startups on Building a Product Business

Mind the Product

Recently we had the opportunity to invite Marvin Liao, a partner at 500 Startups , to speak to us. 500 Startups is a global venture capital seed fund with a network of startup programs, and Marvin helps to run the San Francisco-based accelerator program.

How to Communicate When You’re Founding a Startup

Mind the Product

As such, for their team of startup experts, communication is absolutely key. Once you’ve got your startup or project up and running, resist the urge to ‘get building’ and take a minute to speak to people.

9 Ways to Validate Your Startup Ideas

280 Group

The post 9 Ways to Validate Your Startup Ideas appeared first on 280 Group Product Management. This is a guest post by Scott Davis. Setting up your own business is one of the most rewarding and fulfilling things in the world. It is a validation of your skills and knowledge.

From Startup to Enterprise Product Manager: Is Bigger Always Better?

Mind the Product

Observations of a B2C startup product manager working in enterprise. A startup, finding its feet and learning how to stand, should by certain logic be less wise, less capable and less developed than its older, wiser counterparts. This means a change in approach for product managers operating in startup and corporate environments. The post From Startup to Enterprise Product Manager: Is Bigger Always Better?

Read This Before Joining as Employee 1 to 20 at a Startup

First Round Review

Stacy La made the leap from design at Yammer and Microsoft to Clover Health, when the bootstrapped startup was only four people. Now, the company's raised over $425M, 500+ employees strong, and La leads an eight-person design team.

Startups are cheaper to build, but more expensive to grow – here’s why

Andrew Chen

Startups should be getting cheaper to build. Some providers, such as Microsoft, have started providing their services free to startups, in the hope of turning them into paying customers as they grow. Startups are raising more money to get to traction.

Product to Product: Ellen Chisa on how product prepares you to be an early-stage startup founder

Roadmunk

Most recently, Ellen left Lola to launch her own startup that will make it possible to build a complete scalable app in an afternoon. While her startup is still in very early stages, Ellen is completely in founder mode. Latif: I would love to hear a little bit about your new startup.

Building a Product Startup Within an Agency

Mind the Product

Let me explain: Why a Product Startup? Nevertheless, building a product startup within an existing business comes with its own challenges, not least trying to find new ways of working which are appropriate at a different size and scale. Why all Agencies Should run a Product Startup.

This Brand Strategy Can Make Your Startup Look Bigger Than It Is

First Round Review

As a founding partner of Rock Health and seasoned consultant, Leslie Ziegler has helped brand dozens of startups. Here's what the success stories had in common. Continue reading at First Round Review »

Growing Pains: What to Expect When Your Startup Hits a Growth Spurt

Craft.io

There is a very specific sweet & sour spot in the life of a product startup that every entrepreneur remembers with a loving cringe – that moment in your company’s lifecycle when something clicked, months of market penetration efforts paid off and users started swarming in.

MVP is not Just for Startups: The Importance of Finding Your Company's MVP

Generation Focus Blog: Perspective on Customer Dis

Isn’t this approach only for lean startups? The Truth About Minimum Viable Product Research Large companies should look at what their neighborhood lean startup does before they release a product. What comes to mind when you think of Uber? Probably a fully developed feature-rich app.

Veteran CTO (with Multiple Successful Exits) Answers Your Top Startup-Building Questions

First Round Review

Adil Ajmal has built several standout technical organizations from scratch to successful acquisition. Here, he answers the toughest questions from our community. Continue reading at First Round Review »

Taylor Wescoatt – Being the First Product Manager

Mind the Product

In working at Seedcamp and helping over 100 startups understand product thinking, Taylor Wescoatt has learned some valuable lessons he’d like to share, together with some real-world examples to drive the point home! Being the first product manager at a startup typically means being the 10th or 15th employee, and recognizing that – although product management has both tactical and strategic components – you’ll initially be more focused on tactics.

3 Pillars of the Most Successful Tech Products

Nir Eyal

Ninety-two percent of startups fail within three years. Building Better Products How to Start-Up engagement startup technologyIf you’ve started a tech company to make a lot of money, chances are you’re bad at math—or simply delusional. Statistically speaking, your odds of a big-time payday are somewhere between zero and almost zero. Only one percent of apps in the Apple App Store are financially successful. […].

Startups and big cos should approach growth differently (Video)

Andrew Chen

I recently did a video interview on the topic of how your growth strategy changes from being a small startup versus becoming a larger company. New startups have to focus on underrated acquisition channels for early growth efforts [0:00]. The post Startups and big cos should approach growth differently (Video) appeared first on andrewchen

B2B 6

Why Product Managers Should Learn to Code

Mind the Product

I’ve had all sorts of job titles; digital marketer, growth hacker, creative technologist, UXer, startup product person, product strategist, product owner, lean coach and consultant. I’ve been a startup founder – when I completely tanked my first foray building product.

Get Your Team Experimenting More by Using One Little Word…

Mind the Product

For me, as for many, the idea of applying a scientific approach (experiments, hypothesis, etc) to product management came from Eric Ries in Lean Startup. Lean Product Management Product Management Basics Product Management Characteristics Lean Startup product planning

Lean experiments: Tristan Kromer on better product process

Mind the Product

I spoke to Lean Startup coach Tristan Kromer at Lean Startup Week earlier this month, where he presented a workshop about a “lean experiments toolbox”. He is also editor and primary author of the Real Startup Book and runs lean consulting firm TriKro LLC.

TEI 080: Innovate like a startup – with Michael Docherty - The Everyday Innovator – Resources for Product Managers and Innovators

Product Innovation Educators

When established companies decide they need to be more innovative, they often talk in terms of acting more like a startup. But acting like a startup is much more challenging in reality, especially for larger organizations. Instead, established companies can partner with startups.

Books 16

Understanding how Design Thinking, Lean and Agile Work Together

Mind the Product

Product Design Product Development Process Product Launch Product Leadership Agile Culture Design Design Thinking Lean Lean Startup Product Development product leadershipThe ideas of Agile are great.

Agile 78

Would you hire yourself?

Inside Intercom

Startups company culture recruitmentThat’s right, would you offer yourself a job at your company? It’s a question every interviewer should ask themselves. No, this isn’t some theoretical mental exercise. It’s actually a powerful question to ask yourself when you’re looking to expand your team but find yourself paralyzed with options. When you are a small but growing company or team each additional hire has a disproportionately large impact.

Successful employee onboarding should focus on culture

Inside Intercom

Startups company culture employee onboarding Engineering onboardingOnboarding new employees is a hard process to do well. You might think of onboarding as something you just have to check off your list, but it’s easy to forget that things which are second nature to you are totally new and unknown to someone that’s just started. I joined Intercom a few months ago as an engineering manager and onboarding for the first time in a while made me realize some things I hadn’t before.

Making My Underwear an accessible product

Mind the Product

Product Design Product Launch Product Management Startups Product Focus strategy user researchThis is a story about My Underwear. Not my underwear —  but “My Underwear” — the mobile game for children from my old game studio.

What Should Product Managers Do When Their Main Product Fails?

The Accidental Product Manager

They are a Silicon Valley startup that attracted a lot of attention. Pretty much any product manager that you talked with would tell you that they’d love to be working for a Silicon Valley startup. Product blood tests Edison Elizabeth Holmes hand-held minilab peer reviewed Silicon Valley startup Theranos trustTheranos is in bad shape, but they have introduced a new product Image Credit: Wikipedia.

What makes Intercom different, and better, for Product people

Inside Intercom

People in our team have come from a wide range of other companies, from the big companies like Google and Facebook to other growing startups, and lots in between. Startups careers design Intercom recruitmentA couple of weeks ago myself and some of my team sat down to talk about how we could attract some of the best people around to join our Product team. We felt that Intercom was truly a special opportunity, but many people didn’t know that.

Managing up as a newbie product manager

Roadmunk

As PMs, we should be a wealth of product knowledge—especially at startups. As PMs, we should be a wealth of product knowledge—especially at startups. I’ve been Roadmunk’s newest product manager for 120 days (give-or-take).

The entrepreneur’s ultimate guide to market research

The Product Coalition

For new startups, market research is a critical key element of any entrepreneur’s business plan. Conclusion Market research is always a hot topic at any emerging startup. Figure out what works for your startup as well as your customers, and what fits within your budget and time-frame.

Julie Zhou – Building a Culture of Growth

Mind the Product

When a startup or new product starts to get some traction, there often comes a decision to hire someone to manage growth without a full picture of what that will actually entail. Organisation Product Management ProductTank San Francisco Video Culture Growth hiring marketing startups

Good Enough

Tyner Blain

With the current mind share enjoyed by Lean Startup and minimally viable products (MVP), there is far too much shallow analysis from people jumping on the bandwagon of good ideas without fully understanding the ideas.

Good Products Start With Good Questions

Nir Eyal

Building Better Products Design Entrepreneurship product management startupNir’s Note: My friend Jake Knapp just published a fantastic book titled, Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days. The book details a process he and his colleagues at Google Ventures use to quickly go from idea, to prototype, to live test. Jake put together an exclusive excerpt from the book for NirAndFar.com […].

Books 37

Better for Business? Size up the Benefits of an MBA

Mind the Product

I was again surprised by a Quora discussion in which Keith Rabois, a Harvard law graduate and tech angel investor, remarked that he would normally recommend against business school, and that “credentials” are not what they used to be because those in the startup space “normally thrive by ignoring conventions”. Various tech startup booms have bred a new generation of product managers.

Talk product, eat pizza: Roadmunk’s first-ever Product & Pizza event

Roadmunk

Culture culture new product manager product product & pizza product management product management mistakes product manager product managers product meetup startup culture

Freelance Consulting and Product Management – Time to Join the gig Economy?

Mind the Product

Product Management Product Management Skills Role Startups product culture product management role strategyWhen should a start-up hire its first product manager? What responsibilities should this role include?

The Compass to Validate Correctly in Actual Lean Startup

I Wonder The Value

In August, I organized Lean Startup session with one of my mentors, Guita Gopalan. But, when you apply Lean Startup in real product development, there are a lot of following questions to make the method to reality.

User Behavior can Bite you – Lessons From the Product Management Trenches

Mind the Product

I am the founder of Jodi Logik , an online matchmaking startup in India. Product Management Product Management Case Studies Product Management Skills Startups

Scaling Up a Product Organisation

Mind the Product

Early Stage Startup Product Managers are Founders. In an early stage startup, the Product Manager is the founder – burning through their own cash to make it happen. Once a startup is funded, then you will usually hire your first Product Manager. Funded Startup Co-Creator.

A Certain Ratio – Bringing the Donuts 03/27/2017

Ken Norton

I spend a lot of time with startups, and a good portion of that time helping them think through organizational questions. One of the most common questions I get from growing startups is, what’s the ideal ratio of engineers to product managers? (A What's the ideal number of engineers for every PM? -. A different kind of P/E ratio.) For fun

Innovate like a startup–and other innovation insights for product managers Nov 3, 2017

Product Innovation Educators

12 lessons corporate innovators can learn from startups – aka, how to innovate like a startup. (1) Each week I scour articles, wading through the dogs, and bringing you the best insights to help product managers and innovators be heroes.

Do You Have A Problem Worth Solving?

Street Smart Product Manager

Business Cases Lean Startup New Product Development Product Development Product Management business case market sizing market validation validated learningIn order to pursue any product idea — a new product, or a new feature for an existing product — you must make sure it’s a problem worth solving.

Finding the Truth Behind MVPs

Melissa Perri

A Successful Start I learned about Minimum Viable Products like 99% of other Product Managers – through The Lean Startup by Eric Ries. If you’re interested in learning more about MVPs, I’m running a one day workshop in Paris on June 14, 2016. More information here. When I happened upon the book and Eric’s method, I […