Product strategy
Product strategy is the process of defining what you want to achieve and how you plan to get there.
Tom So and
Product strategy
2024 Memo
Toolhouse's 2024 memo outlines their mission to develop a personal product generator that empowers users to create custom, personalized 3D objects through the integration of AI and agile production methods.
toolhouse.build2024 Memo by Toolhouse; a research lab applying machine intelligence to new production methods.
The prototype is the product.
Principles
1. Physical imagination: materialize ideas to transcend the digital/virtual realm with real world feedback.
2. Creative practicality: balance expression with real-world utility. Make imagination useful.
3. Play and accessibility: give users agency to shape their world by making the production process easily understandable and fun to use.
4. Dynamic personalization: a product is a living entity, capable of continuous improvements and adaptations in response to the user's evolving needs. Make the system capable to respond uniquely to individual preferences and requirements. If you build what you use, you learn to build better.
The prototype is the product. If outcomes are the effect of process, then better outcomes come from better processes. And it starts with how we build our world.
When there’s a framework for updating your built environment to you, the world talks back in a way you can begin to shape directly. This exclusivity based on personalization will evolve the very definition ofluxury. Because luxury has always been about what’s exclusive to you.
The 4 Levels of PMF
pmf.firstround.com
Hooks, Towel Bars, and Software
Strangely, a recent bathroom renovation crystalized my perspective on product development.
When being asked to choose between towel hooks or a towel bar, the choice was obvious: Hooks, of course.
Hooks take up no space. Towel bars ... See more
Jason Friedx.comWhen you try to make something that solves everything, you obsess over questions of power: how to make something that is omnipotent and everlasting. But when you make something that does one thing well, the questions are much more personal: does it solve my problem? and for how long? and who for? and where will it push the space around it? I want t... See more
Be specific
Airbnb has a blueprint of their entire customer journey on their office walls.
They then map all product, policy, and service updates to it.
More companies should do this to avoid shipping the org chart.
how to make sure you remain customer centric as you grow
Lennybot | A GPT-4 Chatbot for Lenny's newsletter
lennybot.comGoogle famously prioritized speed as a feature. They realized that if search is fast, you’re more likely to search. The reason is that it encourages you to try stuff, get feedback, and try again. When a thought occurs to you, you know Google is already there. There is no delay between thought and action, no opportunity to lose the impulse to find s... See more
James Somers • Speed Matters: Why Working Quickly Is More Important Than It Seems
the importance of speed in product development
