Prioritize work to minimize opportunity cost. This prevents you from only pursuing incremental futures. In each quarter how much time to allocate incremental ~ 60%, to big new initiatives ~30%, to guidance & infrastructure ~10%.
Substack • Shreyas Doshi on pre-mortems, the LNO framework, the three levels of product work, why most execution problems are strategy problems, and ROI vs. opportunity cost thinking
That, as a startup, you should only do half of what you want to do (only half the options, half the tabs, half the offerings, and half the target audience) to compound your chances of true PMF.
Scott Belsky • What Is “Seeing the Matrix” for a Product Leader?
Good design is not maximization of every response, or even compromise among them; it’s optimization among alternatives.
Matthew Frederick • 101 Things I Learned® in Engineering School
In 1963, IBM discovered that about 80 percent of a computer’s time is spent executing about 20 percent of the operating code. The company immediately rewrote its operating software to make the most-used 20 percent very accessible and user friendly, thus making IBM computers more efficient and faster than competitors’ machines for the majority of ap
... See moreRichard Koch • The 80/20 Principle
Whatever you are building, there is a smaller, simpler version of it that would deliver much of the value in a fraction of the time.