Product Habits - How to solve problems fast

 Hiten's Pick 

How To Solve Problems Fast

Whenever there is a problem, people focus on what, how, and why it came about. I tend to focus instead on thinking about the current state, the desired state, and what needs to change to bridge the gap. Once the problem is solved, then it makes sense to focus on the "why" or "how." If you want to solve problems quickly, focus on the solution and dissect the problem later

 Business 

Building a Profitable MVP Over a Weekend

I enjoyed this short and sweet read about how a software engineer helped his friend build a "scaled-down" B2B app in just one weekend. The MVP helped the company grow for an entire year and reach profitability. The lesson: Embrace constraints—they will push you toward a faster launch, a more focused product, and profitability from day 0.

Some Thoughts on Web3

The chatter about "Web3" is building rapidly—a new internet model built around cryptographic tokens. If you're cautiously curious about the hype, this article is a must-read. It'll help you grasp what the internet may look like soon, written from the perspective of someone who is an open-minded skeptic. 

 Product 

Analyzing SaaS Billing Dark Patterns

Companies waste tens of thousands of dollars every year on SaaS products they never use. While subscription models help companies build consistent cash flow, SaaS providers sometimes take advantage, using dark billing patterns to increase their revenue. Here are the most common tactics and thoughts on what needs to change.

The Best Product Managers Have the Worst Ideas

There is a misconception that product managers have a knack for what users want. In actuality, some of the best product managers I know aren't "ideas" people at all. Instead, they are great at doing market research to validate or reject ideas. Do you agree?

 Marketing & Sales 

Acquisition Channel Opportunities

While there are myriad opportunities to acquire new customers, it's never been more challenging to stand out from the noise on the internet. The three acquisition channel opportunities in this article will give you a better feel for the kind of content that performs well and increases your chances of discoverability.

The Best Marketing Doesn't Look Like Marketing

Marketing comes in many forms, but I think the best kind doesn't feel like marketing at all. It's sometimes impossible to spot and rarely looks like traditional marketing. Peter Thiel says there are four kinds of sellers: Novices, Experts, Masters, and Grandmasters. If you want to be a grandmaster, these are the two things you must do

 Growth 
What Drives Excess Growth for Scaled SaaS Companies?

I enjoyed reading this thread about how TAM tailwinds drive excess growth for scaled SaaS companies. It's less about building out new features and more about building demand for the core product. Using Shopify as an example, read on to see what a TAM tailwind looks like in practice

Choose Your Customers Intentionally

I've seen it happen more times than I can count: SaaS companies focus on growth at all costs, and they don't exercise the ability to choose customers selectively. Instead of targeting broadly to get a flood of low-potential, high-maintenance clients, identify your best customer segment and focus on driving maximum growth and profit among them. 

 Management 
People Are Not Interchangeable

One of the most important things you need to understand to be a great leader or manager is that people are not interchangeable. The mistake of treating people like they are interchangeable shows up in many ways—from negotiating salaries to working on roadmaps. It's easier to destroy a good team than to create one, so be mindful not to do the former by oversimplifying processes and making people feel dispensable. 

Stop Letting OKRs Masquerade As Strategy

There is widespread enthusiasm for OKRs in the tech world, but sometimes they do more harm than good. It's easy to fall into the trap of thinking that having OKRs is the same thing as having a sound strategy. Make sure you fill the gap between "objectives" and "key results" with an appropriate strategy that makes sense for both the short- and long-term health of your business

 Insight of the Week 
What Is the Best Piece of Advice You've Ever Received?

This past week, I asked people on Twitter for the best piece of advice they've ever received. I loved reading through the responses. A few of my favorites:

  • Don't get upset about things you can't control
  • Only do business with people you trust
  • Rock bottom will teach you lessons that mountaintops never will
Check out the list of responses here.


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