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Everyone at this product company is always busy, but we keep falling short of our goals… I call this the ‘hamster-wheel’ problem. Everyone on your team is busy doing lots of stuff, but you’re not getting any closer to the success you need for your product company. This problem happens when you and your team…
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Your product company has some traction (perhaps even some paying customers), but otherwise you feel stuck. Whenever you task someone with figuring out why, it always seems to fall down the list and you wind up in the same spot you were in before. Similar symptoms may include: If this is happening to you, then…
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It’s very likely that you started your company with merely an idea for a new product and perhaps a partner or two. If you bootstrapped at the beginning, you no doubt worked long, hard hours doing everything that you could by yourself. At some point, however, you will need help. It could be when you…
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Stephen is a seasoned entrepreneur who had an idea for an app that would not only help his own business, but that he would also be able to sell to other businesses. He had the funding lined up, and then did his due diligence in putting a team together to create the application. He hired…
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I’ve said it before and I’ll say it again – building a successful product is difficult. Even before you reach proper problem/solution fit, there are many obstacles to clear on the road to product success. Eventually, you will be building something and often companies choose to outsource their development efforts to engineering firms aka dev…
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I’ve spent many years in dedicated technical roles and dedicated business roles. One of the biggest challenges facing productivity of an organization that employs both is communication. Communication between business and tech is unfortunately often avoided because neither one seems to know much about the other. Additionally, when attempts are made, information is often lost…
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As working environments continue to become more flexible the size and shape of our product development teams seem to be constantly changing. The good news is that regardless of those concerns what matters most is the productivity of your team. For many businesses today, your product is your business and motivating your product development team…
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Value-based pricing is defined by wikipedia as pricing set “primarily, but not exclusively according to the perceived or estimated value of a product or service”. What this means to potential clients is that you’ll be paying a fixed price to buy that product or service instead of paying your consultant an hourly rate. Much of…
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If you’re building or managing a software product you need a product manager. If your project isn’t quite ready for a dedicated product manager then whatever your current teams consists of needs to have certain skills to make your product successful. Whether you’re looking for a product manager to join your team or just hoping…
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Let’s say you want some help building your product and business. You’ve even gone as far to identify that you are looking for help related to product management. What you need to know now is exactly how much should you budget for to get the help that you need. Well there are several options when…
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