Reasons Your Product May Fail: Lack Of Patience - Deepstash

Reasons Your Product May Fail: Lack Of Patience

A lack of patience means cutting experiments short before you learn anything, launching several products targeting different market segments at the same time with no clear goals and chasing multiple metrics that contribute in no meaningful way to your objectives.

If you have the resources, be patient. If you don’t, think carefully about which bets to place and the scope of the bets you place.

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embp

Runner and yoga aficionado.

The idea is part of this collection:

Product Management Essentials

Learn more about product with this collection

Essential product management skills

How to work effectively with cross-functional teams

How to identify and prioritize customer needs

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Defining upfront what failure – and success – looks like will give you the clarity to conclude whether what you’ve achieved so far is success o...

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