🔗 Backlog size is inversely proportional to how often you talk to customers

Backlog size is inversely proportional to how often you talk to customers As with anything, these are not absolute truths but born out of my experience. Replace planning time with talking to customers Reduce time spent on UI design; focus on technical component design instead How you think people use your app is different than how they use it Implement account spoofing Page one real estate is critical to a seamless experience Your customer is your most important marketer MVPs are pointless if you’re not going to iterate on them There is no point to having a large backlog because the bigger the backlog, the higher the unvalidated assumptions, and the lower the chance that it creates any customer value....

January 24, 2024 · 2 min · 286 words

🔗 Opportunity cost calculation

Illustation of how distributing work on 4 streams in parallel will delay the end date of all of them, even though it seems like you are making progress in all fronts. Contrast with the benefits of fully focusing on a single stream at a time, and the impact in has on the end date of 3 of the 4 streams, with the 4th one staying the same. Opportunity cost calculation - Google Drawings

January 24, 2024 · 1 min · 73 words

🔗 How to Create a Business that Prints Money | Forever Jobless

How to Create a Business that Prints Money | Forever Jobless Step 1: How can you create something of value in a market better than what’s out there? Step 2: When you do that, how can you reach your potential audience? If you can answer “yes” to both, do you have something you think you’ll enjoy, and can make an amount of money that may be interesting to you? Cool. Jump in....

February 19, 2014 · 1 min · 72 words

🏞 (image)

… there are three methods of Customer Validation that increase in the cost of execution. None of them involve writing code, which is even more expensive to execute. 1. Exploration Method The goal of exploration is to collect a lot of data on potential problem sets within a given industry or customer type, and to collect detailed stories on customer behavior. 2. Pitch Method The Pitch method is about getting customers to give you a form of currency ....

May 22, 2013 · 1 min · 147 words