Consumer Internet vs SAAS approach to building a product
I had lunch with Danny Boice from Speek today. I had been wanting to meet him in person because he’s a smart guy pursuing an interesting idea in the voice space, and he’s doing it in Washington DC with his cofounder John. He brings a consumer internet mindset to a market, voice conferencing, in need [...]
Competitive analysis template
Here’s a template to help you position your product (opens in Google Docs). Feel free to copy it and adapt. If you want to build a winning product, you have to articulate to all audiences involved why it’s better. More specifically, why it’s better than the competition in the areas that buyers value the most. This [...]
4 Ideas to refine your target market
At Fasttrac we’re working on target market definition. Here are 4 ideas that were NOT in the book that will hopefully provoke a little bit of thinking: Build your target experimentally. Instead of pontificating on a Word doc about what your target market is, why don’t you go out and get 10 customers to pay [...]
What is a "fug"?
Definition: fug [fuhg] (n) 1. a very poorly thought out feature. 2. a bug so virtuous that it appears to some as a feature. Etymology: coined circa 2010. From the fusion of “feature” and “bug”
The essence of Product Management
I just came back from vacation, it was a glorious week by the sea. I had the most fun sailing Lasers, which are small-sized sailboats. On days when the wind got strong, the feeling of skimming the surface of the water, the sun and the wind on your face, it was superb. I have a [...]
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