What’s the best way to prioritize?

Tomasz Tunguz (Partner at Redpoint Ventures)
Startup Best Practices 13 – Patience with Unit Economics

Mark Roberge, Chief Revenue Officer at Hubspot, recently shared with me how he instills patience in unit economics in his teams. 1. Adopt before you buy – develop a bottoms up product that people can try out and ultimately upgrade themselves without having to contact sales or support. 2. Product before people – focus on improving the product before hiring additional customer support or salespeople. The product has to stand on its own. 3. Individu… (read more)

What’s the best way to prioritize?

Gary Swart (General Partner at Polaris Partners)
Don’t make this mistake with metrics | A Founder’s Notebook

Figure out the metric that matters most for your company and understand that the more you measure, the less prioritized you’ll be. Don’t fall into the trap of trying to measure everything. What I’ve learned is that in the early days, what matters most is having customers who love and use your product. Figure out the one or two best measures to determine this.

What’s the best way to prioritize?

Armando Biondi (Cofounder & COO of AdExpresso)
From 0 to $1.2M RunRate (and profitability!) in just 5 quarters. 9 lessons learned in creating an impossible company

Does this contribute to hitting our month-over-month growth goal? If/when the answer is “yes” to several things, the following question is: Which one requires the lowest effort and the shortest time to generate the biggest impact with the highest chance of success?

What’s the best way to prioritize?

David Jackson (Founder, Seeking Alpha)
How to decide what to prioritize — a simple rule for startup CEOs | A Founder’s Notebook

In Seeking Alpha, we prioritize the project with the highest chance of success, not the project with the highest probability-weighted outcome. This is because we want to optimize for speed of learning, and you learn only from successes, not failures.

What’s the best way to prioritize product features?

Jack Dorsey (Co-Founder, CEO at Twitter and Square)
Jack Dorsey: The CEO as Chief Editor – YouTube

There are a million things that we could be doing, but only one or two are important. There’s all these stories from our users, from engineers, from support. We need to choose the one or two (or the intersection of a few) that are really going to drive the success of the product.

What’s the best way to prioritize product features?

David Jackson (Founder, Seeking Alpha)
Why startups should focus on a Job To Be Done rather than “market need” | A Founder’s Notebook

Focusing on a Job To Be Done removes the need to specify who your target customer is, because your target customer is anyone who needs to get this job done.

What’s the best way to prioritize product features?

Seth Godin (Founder at Yoyodyne Entertainment)
Seth’s Blog: “I agree in principle…”

One of the great privileges of not living on the edge of disaster is that we have the ability to act on our principles. The hard part is realizing that it’s never the edge of disaster, and that the long run is always shorter than we imagine.

What’s the best way to prioritize product features?

Seth Godin (Founder at Yoyodyne Entertainment)
Seth’s Blog: On saying “no”

If it doesn’t move you forward, hesitate then walk away. The short run always seems urgent, and a moment where compromise feels appropriate. But in the long run, it’s the good ‘no’s that we remember. On the other hand, there’s an imperative to say “yes.” Say yes and build something that matters.

What’s the best way to prioritize product features?

Seth Godin (Founder at Yoyodyne Entertainment)
Seth’s Blog: Worth thinking about

The key question isn’t, “what’s the answer?” The key question is, “what’s the question?” Is this area worth thinking about? Should I maintain the status quo? Is this good enough? Your focus is the heart of your organization’s future. Your attention is irreplaceable. The real question, then, is, “how much time are you spending deciding what to spend time on?”