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Ideas and failure meetup

Without the prezi part, for product.bp meetup (feb 6)
by

Andrei Boghiu

on 10 February 2014

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Transcript of Ideas and failure meetup

Are
ideas
enough?
Hello
Product Manager
Founded in 2005
Step 1
Based on needs no grand idea
www.nkprods.com
Founded in 2010
Based on a big idea of empowering better sharing worldwide
Step 2
Grand purpose, improve humanity by improving idea sharing between humans
Step 3
No
Execution
Andrei Boghiu
Succeed
Idea
The process of building a product
Validate
MySpace
Facebook
vs
HI5
Friendster
Yahoo
Apple
Ping
Google
Wave
Apple vs ... the world
maybe
Thank you.
Failed
Failed
Fail early, fail fast
Learn
Try
Fail
Retry
Minimum Viable Product
"If you are not
ashamed
of your product when you launch it, you launched too late.” - Reid Hoffman
"I have not failed. I've just found 10,000 ways that won't work." - Thomas Edison
Do you have an audience?
Facebook
Linkedin
Would people pay money for it?
KickStarter
Indiegogo
"If you don't provide value, I really don't care how usable the product is." - Marty Cagan
Focus on misery, not on Technology
Audience
Sustainability
*money as a proof of commitment
remember only:
fail early, fail fast, fail for different reasons

Got a job at a multinational

Learned importance of
execution
Learned about the importance of releasing fast
Would users signup with their Facebook account?
1 month
1 day
to implement
to validate
Would users use a 'Use as a template' feature?
Title
1.5 months
2 day
to implement
to validate
Would users connect their LinkedIn accounts? What if we offer automatically generated prezumes?
1.5 months
4 days
to implement
to validate
Hypothesis
The Goal:
Build it
Know who you target is
Got me a job at
and iterate
"If you don't fail you are not working hard enough"
HP vs education
Did I break the right stuff?
Great!
"Insanity: doing the same thing over and over again and expecting different results."
Did I not break anything?
Not so great!
Let others fail from you
Full transcript