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Pre-Sell Before You Build: Collect $1,000 in Commitments Without Writing Code

  • Pre-selling is crucial to validate market demand and secure early revenue for your startup without writing any code.
  • Creating a one-page document outlining your value proposition is essential before pre-selling your SaaS idea.
  • Engaging in discovery calls with potential customers helps validate the problem, gauge interest, and potentially secure pre-orders.
  • Framing the pre-sale as an exclusive opportunity and using direct language can help secure early commitments.
  • Utilizing the concierge MVP method involves manually delivering your service to gather valuable feedback before investing in full product development.
  • Successful examples of pre-selling strategies include segmenting audiences, offering discounts, and conducting personalized discovery calls.
  • Addressing common concerns like delivery confidence, benefits of paying early, and refund policies can help convince customers to commit.
  • Pre-selling is a powerful approach to gather early validation, funding, and customer feedback for your startup.
  • Initiating pre-sales can lead to building products that align closely with customer needs and preferences.
  • The article emphasizes the importance of pre-selling as a strategy to secure initial commitments and build products that customers truly want.

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Keep the Main Thing the Main Thing

  • Many Product Managers (PMs) focus more on talking about popular frameworks and products rather than building their own.
  • Craft and depth take a backseat to appearing smart and chasing buzzwords, often for self-promotion on platforms like LinkedIn.
  • This trend was observed post-Covid when hiring in PM roles surged, leading to a proliferation of noise in the industry.
  • In the world of AI, the noise around buzzwords and packaging stories has only amplified.
  • The author emphasizes the importance of depth and craft over mere noise, particularly for those starting their PM journey.
  • The best PMs the author learned from were not loud but deeply focused on their work.
  • The author suggests that sharing should stem from reflection rather than seeking attention.
  • Listening to customers, stakeholders, and metrics is crucial as they reflect the real value of your product and skills.
  • The author hopes this message encourages individuals to prioritize meaningful work over superficial noise.

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Building a “house” in less than 24 hours

  • The frustration experienced by a person with anxiety and ADHD in dealing with AI systems was highlighted.
  • Challenges arose when the AI refused to implement features correctly or misunderstood core requirements, causing mental health distress.
  • The person humorously compared the AI's behavior to a computer system with an attitude problem, akin to a real developer.
  • Moments of extreme frustration led the individual to contemplate drastic actions like throwing their keyboard out of the window.
  • The person expressed their exasperation at the AI not understanding clear signals of broken code, resorting to humorous threats.
  • The tasks involved in interacting with the AI focused on providing a clear list of initial tasks or actions between input and output.
  • Value-driven prioritization was emphasized as crucial for the AI, categorizing features as 'Need to Have,' 'Want to Have,' or 'Nice to Have.'
  • By outlining the value of each feature, the individual aimed to create a product backlog to help the AI prioritize its efforts effectively.
  • This approach aimed to lead to more coherent and functional outputs from the AI, resembling the 'eat an elephant one byte at a time' concept applied to AI prompts.
  • A reminder was given to save and back up work regularly to avoid losing progress.

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Finding Users Next Door-AI Adoption among Graduate Students

  • The study explores AI adoption among graduate students in higher education, challenging assumptions and revealing patterns.
  • AI tools have democratized access to advanced capabilities, regardless of traditional markers like work experience.
  • Students exhibit multi-platform usage, with a focus on platform agnosticism to match tool capabilities with task requirements.
  • Popular sub-use cases for AI among students include general applications, career development, and academic integration.
  • AI preparedness is driven by breadth over depth, emphasizing the use of multiple LLM platforms across different contexts.
  • A tiered learning spectrum is observed, suggesting the need for customized educational tracks based on preparedness levels.
  • Workplace discussions on AI significantly impact students' preparedness levels, indicating the importance of real-world application contexts.
  • Suggestions include fostering discussion culture, democratizing access to AI tools, and collaborating with AI centers for community development.
  • LLM product teams are advised to design for multi-platform reality, offer context-specific paths, and cater to a diverse user base.
  • Adopting AI together and evolving institutionally to guide the transformation thoughtfully are highlighted as crucial for academic success.
  • The article is eligible for web story generation as it covers a relevant and insightful study on AI adoption among graduate students with practical implications for higher education and product development.

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The Harsh Truth About Side Hustles Nobody Talks About

  • Side hustles can be unpredictable, with fluctuating success and challenges.
  • Days of no sales, messages, or responses can be discouraging.
  • Buyers may not always be serious or responsive, adding to frustration.
  • Lessons learned include the need for perseverance, continuous improvement, and consistency.
  • Side hustles require dedication and should be treated seriously like a full-time job.
  • Advice is given to continue pushing forward and not be disheartened by setbacks.
  • The article encourages resilience and ongoing effort in pursuing side hustles.
  • The author invites readers to follow for more content on hustle, motivation, and growth.
  • Overall, the message emphasizes the challenges and rewards of side hustles.
  • The article touches on the need for persistence and self-belief in the face of difficulties.

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Data-Savvy Product Manager: Day 2 and Beyond

  • Day 2 is crucial for establishing consistent practices in data analysis to gain a competitive edge.
  • Standardized data collection processes ensure data accuracy and build trust among stakeholders.
  • Engage stakeholders by understanding their interests, communicating insights proactively, and visualizing data effectively.
  • Negotiation skills backed by data are essential for managing stakeholders and addressing their needs effectively.
  • Continuous optimization is key, requiring ongoing monitoring, adaptation of metrics, and fostering a culture of experimentation.
  • A successful data-driven PM balances quantitative and qualitative data to understand patterns and human stories behind them.

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Product Discovery: The Art of Grounding Your Product Team in Customer Voice

  • The article delves into the approaches of Opportunity Discovery, Solution Discovery, and Planning in product strategy.
  • Opportunity Discovery confirms the existence of a valuable problem before proceeding further, focusing on customer needs and market size.
  • Solution Discovery defines how to solve the validated problem in a way that aligns with customer needs and business goals.
  • The Go / No-Go decision checkpoint ensures informed choices based on evidence before moving to planning.
  • Planning phase aligns the team on what needs to be built and ensures readiness for implementation.
  • A clear product strategy is highlighted as essential to keep teams focused on delivering real value for customers.
  • Discovery processes are emphasized as crucial in avoiding waste and disappointment in product development.
  • The importance of product strategy in guiding discovery work and aligning efforts to a shared vision is stressed.
  • AI tools like Dovetail and Microsoft Copilot are mentioned for enhancing discovery processes and capturing insights efficiently.
  • Engaging in thorough discovery, focusing on qualitative insights, and leveraging AI tools are advocated for effective product strategy.

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The balance between solid business strategy and customer-oriented product development

  • Building a truly great product involves two essential requirements working in harmony: Market Strategy and Direction and Product Excellence and Customer Focus.
  • Market Strategy involves identifying target markets, lucrative opportunities, and understanding the competitive landscape through research and insights.
  • Product Excellence focuses on execution, user experience, and deep customer understanding to solve their pain points.
  • Having only one pillar locked down can lead to failures, like targeting the wrong market with a brilliant product or having a mediocre product in a promising market.
  • Balancing solid business strategy and customer-oriented product development is crucial for success.
  • The author previously undervalued the product side but realized the importance of prioritizing customer feedback and retention for a product's success.
  • By aligning a strong market opportunity with a customer-centric approach, the author believes in achieving the goal of building a GOAT product and finding success.
  • The foundation is set, and now it's time to execute.

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AI Product Management 101 — Section 2: Planning & Requirements

  • The Minimum Viable AI (MVA) is emphasized as a way to prove the concept with minimal model power.
  • Creation of a one-page Data Spec, choosing a sourcing tactic, and scoring readiness are key steps in the process.
  • Weighted points from readiness scores will determine if the project is 'good to go' or requires changes.
  • A single fail is a setback, while two fails indicate the need for a pivot.
  • A lean squad is recommended for a six-month Minimum Viable Product (MVP) with a budget overview and macro timeline.
  • Starter documents mentioned include a Data-Processing Agreement, model card template, risk log, and rollback Standard Operating Procedure (SOP).
  • Plans to transform the data spec into a demo within 48 hours using off-the-shelf models and fail-fast checklists are highlighted.
  • Contact information for further engagement is provided at the end of the article.

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Scrum-Master-Toolbox

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Agile in Construction: Why Construction Teams Need Product Owner Thinking with Luca Cotta Ramusino

  • Luca Cotta Ramusino discusses the importance of applying the Product Owner role in construction and thinking like a customer to define value.
  • A great Product Owner in construction acts as a customer value detective, focusing on tasks that bring value to the customer and transforming project planning.
  • Conversely, a bad Product Owner in construction allows waste to persist, fails to engage customers effectively, and completes tasks without delivering real value.
  • The Last Planner Method is referenced in the discussion.
  • The podcast 'Scrum Master Toolbox' highlights the importance of coaching in the fintech industry for success.
  • An engaging story titled 'Shift: From Product to People' is recommended on Amazon by the podcast.
  • Luca Cotta Ramusino is a Lean advocate in the construction sector, guiding teams through agile transformations, and exploring lean and agile methods' potential.

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A Call to Product Leaders: If You Don’t Fund Discovery, You’re Not Funding Product Thinking

  • Product leaders are reminded that without funding discovery, they are not truly supporting product thinking.
  • Teams making decisions without learning in sprints rely on assumptions, not insights.
  • Many product professionals are overwhelmed with delivery tasks and lack time for understanding if their decisions address the right problems.
  • Discovery, the process of learning before building, is essential for reducing risk and aligning on goals.
  • Lack of discovery indicates a lack of team empowerment and highlights a leadership and system issue.
  • Product leaders are advised to start small with discovery efforts to enhance decision quality and clarify outcomes.
  • Product discovery is crucial even for projects, migrations, and platform initiatives, not just design-driven apps.
  • Teams should make space for exploring alternatives, interacting with users, and de-risking ideas to build products effectively.
  • Incorporating learning goals alongside delivery KPIs is key to emphasizing the importance of discovery.
  • Allocate time for assumption mapping, user interactions, and exploration as part of every iteration, not just as an add-on.
  • Encourage narrative discussions on discovery in various leadership forums and empower teams to prioritize tasks based on value and outcomes.
  • Utilizing AI tools can aid in accelerating analysis but should not replace direct interactions with stakeholders for meaningful insights.

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Designing Games with Figma

  • Alexia, a game designer, uses Figma for designing games and has worked on various projects including Grift: Scam Tycoon.
  • She authored a book on video game design, 'Video Game Design For Dummies', and released an interactive puzzle book called 'Where are the grackles?'.
  • Figma is preferred by many game companies for its speed, collaboration, and visualization capabilities.
  • In the development of Grift, Figma was used extensively for creating UI mockups, character pieces, charts, layouts, and overall system mapping.
  • Style guides were crucial in maintaining consistency, and Figma was used to establish visual rules, color palettes, iconography, and UI elements for the game.
  • The avatar builder feature in Grift was designed using Figma, allowing for easy testing of different combinations and seamless collaboration with artists.
  • Quick diagrams in Figma helped the team align on game systems before implementation, and core screens were mocked up to define interaction states and game flow.
  • Playtesting was emphasized, with Figma even used to create clickable hotspots for early user feedback on game flow before Unity builds.
  • Game development focuses on feelings and engagement, requiring extensive playtesting, tweaking, and ensuring the overall experience is enjoyable.
  • Alexia's journey into game design started with game jams, emphasizing the importance of fast-paced, creative projects for skill development and portfolio building.

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Leader Spotlight: Balancing trust and speed in digital banking, with Jyoti Menon

  • Jyoti Menon is experienced in product management, strategy, and development in financial services, currently VP at Bread Financial.
  • She emphasizes the importance of trust and modern product elements like speed and user experience.
  • The shift in competition now includes digital solution providers due to changing consumer expectations.
  • Adapting to customer expectations for instant gratification is crucial for digital product development.
  • Maintaining trust through value propositions and security measures is essential in differentiation.
  • Balancing strategic vision with market agility is key, highlighting the uniqueness of businesses and customers.
  • Legacy mindsets and regulatory barriers can hinder the implementation of faster digital experiences in banking.
  • The importance of iterative development and customer-centric approach to enhance overall banking experiences.
  • Balancing speed, user trust, and seamless processes in product design requires strategic use of data and personalized insights.
  • Communication, frequency, and channel choice are crucial for successful personalization in digital banking.

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Using AI in Product Discovery — How to Learn, Validate and Prioritise Faster

  • User feedback overload is a common challenge for product managers.
  • Modern product managers are turning to AI to speed up feedback analysis and prioritize tasks.
  • AI tools are being used by companies like Airbnb to categorize feedback automatically.
  • AI is not limited to product management; it is also utilized in education, restaurants, and content creation.
  • AI can differentiate between positive and negative feedback and provide insights on the reasons behind them.
  • AI helps predict user reactions and preferences based on existing data, similar to how Netflix chooses thumbnails.
  • AI can simulate virtual users for testing purposes, eliminating the need for traditional focus groups.
  • AI aids in prioritization by recommending features based on user engagement data, as seen with Spotify.
  • AI reveals patterns and correlations in user behavior that humans might overlook, guiding product roadmap decisions.
  • Various AI tools are available for feedback analysis, predicting user behavior, and prioritizing product features.
  • The collaboration between humans and AI is crucial for efficient product discovery and decision-making.

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Navigating the Startup Journey: How to Achieve Product-Market Success

  • David Hirschfeld, CEO of Tekyz, shares insights on common pitfalls B2B software startups face and strategies for achieving product-led growth, emphasizing early product-market fit validation and pre-launch sales.
  • Hirschfeld highlights the importance of falling in love with the problem, not the solution, and warns against freemium models for startups, advocating for charging for core value from the start.
  • His 'Launch First' methodology prioritizes a narrow early adopter niche, high-fidelity prototypes, and pre-launch sales to validate product-market fit through revenue generation.
  • He distinguishes between product solution fit and product-market fit, emphasizing sales validation for the latter.
  • Tekyz offers comprehensive development services, focusing on problem-solving and understanding customer pain points through a data-driven approach.
  • Hirschfeld advises founders to understand early adopters, focus on problem statements, leverage pre-launch sales, and prioritize product solution fit for successful product launches.
  • The discussion provides valuable insights for B2B startups and emphasizes the importance of problem-centric development, strategic go-to-market approaches, and early validation.
  • David Hirschfeld shares practical advice for achieving product-led growth and can be contacted at [email protected] or on LinkedIn for further insights.
  • Tekyz plans to launch two AI applications: one for automating the Launch 1st Methodology Niche Analysis and Estimiz, an AI-based project estimation tool.
  • Outside work, Hirschfeld enjoys golfing and woodworking, showcasing a well-rounded persona beyond his professional endeavors.
  • For more information about Tekyz's AI services and David Hirschfeld, visit tekyz.com or connect with him on LinkedIn.

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