Why startups fail
In India, only 1 in 3 seed funded startups make it to round A. And this is just looking at VC funded data. If we consider all the bootstrapped and angel funded startups, those that don’t make it operational scale or venture scale, things will look much worse… This is only part of the story. The real story behind this …
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How Prodzen Consults Product Startups To Go From Good To Great
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Sukanya Bharati
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August 21, 2024
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Blog
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I have often found myself saying, “Being a product leader is hard, building a startup is harder; but consulting product leaders on how to build and grow their startup is still the hardest”. Failory reports that 90% of the startups end up failing with 70% doing so in the first two to five years. Even those that manage to sustain …
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Mastering Change: Transitioning from Startup Hustle to Structured Growth
Change is hard. Changing your mindset is harder. This is likely one of the hardest things to do for startup founders. However, the eventual scale and success of the business may depend on this. When you are a startup you’ll do whatever it takes to get the product built. You might end up coding, building the website or doing all …
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Navigating the shift from PM to leader
“What got you here, won’t get you there” I was fortunate enough to experience this in a good way, twice First when I went from engineer to engineering manager Second when I went from #productmanager to PM leader If the first one was hard, second one was one of the toughest Off course, getting promoted in #productmanagement has its perks …
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New PMs, welcome to the real world! Throw away those 30-60-90 day plans…
Learn the rules like a pro, so you can break them like an artist – Picasso Riding the PM wave For product managers, especially those who’ve recently joined, the role can be super exciting. But we all know that building products is no easy feat and it’s natural to get carried away or get overwhelmed. Also, for those new to …
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Beware of AI!
Forget GIGO Now you have model hallucination, blackbox model and emergent behaviour. Yes, I am talking about #ai and specifically the current set of #llm s that seem to be taking the tech world by storm. When I learnt about computers in school, it was the 80s. Back then computer lab was the only place in the school with AC. …
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Your product needs focus
Well, even if you are not like Bruce Lee, Your #startup should be That is the only way to escape early stage “death valley” And more importantly get past that into early stage growth and beyond. If you lookup “startup” failure on the web or even on LLMs, You will find the usual surveys on why #startups fail. They are …
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PMs need to constantly innovate
The most frequent thing you do as a #productmanager, Might not be helping your product succeed… And here I am referring to managing the product backlog, And defining the requirements or scenarios and stories, You may have some “experts” say things like: “Feature wars are over” or “Features don’t matter”. While that statement is to be taken with a pinch …
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Startups, you still need a solid strategy!
There, finally someone used the “S*&^%” word for a #startup. Nothing sensational or unsafe -:) It’s about #strategy. Many startups and even large companies lack this, or lose it over time. It’s critical to check every quarter (maybe faster if you are just starting), whether your business goals, product and where resources are being spent aligns. Are you chasing metrics …
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AI: challenges and opportunities for PMs
#ai is changing the world, especially the tech world. For people who are #productmanagers this creates both challenges and opportunities: Challenges – In most cases, your product strategy must evolve and likely change. – If you don’t have a natural language interface, it’s time to consider one. – If you are data crunching heavy, then your competition is about to …
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