Product Habits - Apple's management framework

 Hiten's Pick 

Things First-Time Founders Get Wrong

Lattice CEO Jack Altman wrote an insightful list of things many first-time founders misunderstand when building their startups. Reading through this thread will help you avoid common mistakes like counting out competitors, wasting time on investor conversations when you're not actively fundraising, and focusing on the wrong things. Check it out here

 Business 

Microsoft's Billion-Dollar AI Business

Venture Capitalist Tomasz Tunguz has been tracking public company earnings to look for trends in the software market. He's observed that Microsoft is the first example of a public company generating hundreds of millions (soon to be billions) of dollars on AI. We should expect other big companies like Google, Amazon, and Cloudflare to follow suit

Measuring the Quality of a Startup

Building a startup isn't easy, but the process is almost always the same. First, you talk to users and understand their problems. Then you go through an iterative process of building prototypes, shipping them, breaking things, and iterating to improve them. The quality of your startup is correlated with the speed at which you can repeat this process

 Product 

PM Habits for Getting Things Done

Becoming a great PM requires you to do a range of tasks at a high level—from building a strategy and setting clear priorities to being an effective communicator and having data-driven thinking. This is a helpful list of habits worth developing to get more of the right things done. A few of my favorites: Summarize the outcomes of every meeting in writing and create an intentional calendar to guide your week. 

Building for the End User

HubSpot's VP of Product, Christopher Miller, recently shared his thoughts on how to build for the end user. One of the biggest takeaways from this interview is the concept that growth is a downstream effect. It's ultimately a lagging indicator of making the right decisions further upstream, like solving problems simply and meaningfully for people using your product. This is a worthwhile read

 Marketing & Sales 

Three Waves of AI That Will Revolutionize Marketing

AI is changing almost everything about how we do business—including marketing. This article outlines the three waves of AI that are transforming how companies approach their marketing efforts. The first wave is data-driven, the second is conversational, and the third is predictive. Here's what each wave means and how we can best prepare for them

The Prerequisites for Building a Great Company

I saw this tweet the other day and couldn't help but think about how accurate it is. Jen Abel explains that the prerequisite for customer discovery is founder vision. Customer discovery then becomes a prerequisite for sales. Finally, sales is a prerequisite for marketing. Do you agree? 

 Growth 
Zero to $1 Million ARR in Seven Months

The HeyGen team recently hit a huge milestone, reaching $1 million ARR in just seven months. Simultaneously, the company maintained 50% MoM growth for nine consecutive months. It happened quickly after going through 30 product iterations, upgrading the brand, and finally launching it to the public last July. This is an inside look at the company's journey to $1M ARR

Avoiding Vanity Metrics

So many companies fall into the trap of measuring vanity metrics and building their strategy around them. Page views, downloads, or social media followers can be misleading progress indicators that distract companies from their core business goals. So make sure you're measuring things that are genuinely aligned with your core business objectives

 Management 
Directly Responsible Individual Framework

Apple coined the term "directly responsible individual" (DRI) to designate the one person assigned ultimate responsibility for the success or failure of a project. It created a culture without confusion about who is responsible for what. This is a valuable framework for integrating the DRI concept into your organization

Mistakes Made as a New Manager

Becoming a manager for the first time can be quite a difficult transition from independent contributor work. This is an excellent read about the lessons one manager learned and strategies to mitigate them. It covers various topics, from procrastinating on answering hard questions to angsting instead of asking. Read this if you're in a manager role

 Insight of the Week 
Failure Doesn't Exist

A journalist asked NBA star Giannis Antetokounmpo whether he viewed this season as a failure since his team didn't advance in the NBA Playoffs. His answer was thought-provoking. In short, he explains that failure doesn't exist–all we have are stepping stones on the way to achieving our goals. 



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The rebirth of SaaS

Monday, April 24, 2023

This is a must-read if a subscription model is vital to your company's growth plans. Hiten's Pick AI is Changing Quickly There is a growing sentiment that AI is changing so fast it's hard

How to create a killer product

Wednesday, April 19, 2023

If you want to create a killer product, you've got to get inside your customer's head. Hiten's Pick When You Plateau, So Does Your Company Companies with product-focused founders often get

Using ChatGPT for marketing

Monday, April 10, 2023

You can use ChatGPT for just about any marketing task. But it's best to use it for inspiration rather than a final product. Hiten's Pick Investor Updates in Tough Times Some of the best

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For a long time, AI development happened very slowly. But over the past half-decade, we've experienced a century's worth of innovation. Hiten's Pick The Age of Average No matter the field,

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Monday, March 27, 2023

Bill Gates believes AI is going to alleviate some of the world's worst inequities. Here's how he thinks it'll happen. Hiten's Pick Navigating the Unpredictability of Everything This is

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