2 builders who never spoke to each other
Diarise the review that decides what you drop
Put a recurring session in the calendar, alone or with advisors, whose only job is to choose the next initiatives, their timing and explicitly what you will not work on yet. List where time and money are actually going, ask whether each is returning in proportion, and move the resources when it is not.
The method
- 01
Book planning sessions on your own and with trusted advisors purely to decide the next initiatives, their timeline, and explicitly what you will not work on yet.
- 02
Diarise a quarterly review of whether the product still addresses a real customer need, a monthly accountability meeting with other product builders, and one or two conferences for the year.
- 03
Audit the existing business on a schedule: list where time and money are currently going, ask whether each is returning in proportion, and move the resources if not.
What it returned
The author notes features that go unused or lose money, and releases that only hold ground against competitors without changing the trajectory.
Sources
- The Mindset Shifts That Took Me From Freelancer to Productized Business Owner - Double Your FreelancingBrian Casel · doubleyourfreelancing.com · Managing “What To Do” · 2015-09-02
- Effort vs OutcomesJustin Jackson · justinjackson.ca · When evaluating existing businesses: · undated
- Succeed with your own product in 2014Justin Jackson · justinjackson.ca · Put regular check-ups in your calendar · undated
the second source
Three plays a week, for the phase you are in
No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.
More in other
- Aim at early profit rather than at an exit7 unconnected
- Pick the two numbers you will actually act on6 unconnected
- Price the platform's power to end you6 unconnected · contested
- Weigh one loud launch day against a quiet build6 unconnected · contested
- Go deeper on whatever brought the first customers5 unconnected
- Pick a few channels and skip the rest on purpose5 unconnected · contested