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Startups and Product Management The concept of Product Entropy Amarpreet Kalkat

Startups & the Product Management Perspective

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Engineers tend to start most of the technology startups. While this gives them an inherent advantage as far as engineering the product goes, it also tends to put them at a disadvantage when it comes to designing (non-technically) and commercializing the product.This slide deck takes up the key concepts from PdM that apply to startup-mode products. This is not a case for having Product Managers onboard, 80% of the startups don’t need a dedicated PM.Towards the end, it introduces the funky concept of Product Entropy.

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Page 1: Startups & the Product Management Perspective

Startups and Product ManagementThe concept of Product Entropy

Amarpreet Kalkat

Page 2: Startups & the Product Management Perspective

WhyMost technology startups started by engineers

Inherent strengths in engineering, not as much in product design or commercialization

Does not apply to all engineers

Page 3: Startups & the Product Management Perspective

Who Am ICo-founder @ Ciafo. Co-creator of Frrole & Travelomy

Have built 8+ internet products, 3 from scratch

Frrole pseudo-mentioned on WSJ, Forbes; TNW called Frrole top tweets better than Twitter top trends

Page 4: Startups & the Product Management Perspective

#1Product Definition

Fluid vs Concrete

Page 5: Startups & the Product Management Perspective

#2Product Roadmap

Exist || !Exist

Page 6: Startups & the Product Management Perspective

#3

Product ThinkingInput vs OutputEffort vs Impact

Page 7: Startups & the Product Management Perspective

#4Goal

Maximizing overall business value,

given the constraints

Page 8: Startups & the Product Management Perspective

#5Strategy

Product vs Brand vs Execution

Page 9: Startups & the Product Management Perspective

#6 Approach

Playing to your strength

Page 10: Startups & the Product Management Perspective

#7Focus

Product you are building vs

the solution you are creating

Page 11: Startups & the Product Management Perspective

#8Catch

Not planning for execution

Page 12: Startups & the Product Management Perspective

EntropyThermodynamics: A property used to determine the

energy not available for work in a thermodynamic process.

Statistics: A measure of the disorder of a closed system.

Information Theory: A measure of the uncertainty associated with a random variable.

Page 13: Startups & the Product Management Perspective

Product EntropyThe unnecessary work done by a

user

to accomplish his objective

is the entropy of your product.

Page 15: Startups & the Product Management Perspective

1. Every good work of software starts by scratching a developer’s personal itch. 2. Good programmers know what to write. Great ones know what to rewrite (and reuse). 3. “Plan to throw one away; you will, anyhow.”4. If you have the right attitude, interesting problems will find you. 5. When you lose interest in a program, your last duty to it is to hand it off to a competent successor.6. Treating your users as co-developers is your least-hassle route to rapid code improvement and effective

debugging.7. Release early. Release often. And listen to your customers.8. Given a large enough beta-tester and co-developer base, almost every problem will be characterized quickly and

the fix obvious to someone.9. Smart data structures and dumb code works a lot better than the other way around.10. If you treat your beta-testers as if they’re your most valuable resource, they will respond by becoming your most

valuable resource.11. The next best thing to having good ideas is recognizing good ideas from your users. Sometimes the latter is better.12. Often, the most striking and innovative solutions come from realizing that your concept of the problem was

wrong.13. “Perfection (in design) is achieved not when there is nothing more to add, but rather when there is nothing more

to take away.”14. Any tool should be useful in the expected way, but a truly great tool lends itself to uses you never expected.15. When writing gateway software of any kind, take pains to disturb the data stream as little as possible-and never

throw away information unless the recipient forces you to!16. When your language is nowhere near Turing-complete, syntactic sugar can be your friend.17. A security system is only as secure as its secret. Beware of pseudo-secrets. 18. To solve an interesting problem, start by finding a problem that is interesting to you. 19. Provided the development coordinator has a communications medium at least as good as the Internet, and

knows how to lead without coercion, many heads are inevitably better than one.

The Cathedral And The Bazaar Rules