Ex-Entrepreneurs make the best Product Leaders!
I recently met an entrepreneur, who after shutting his startup, was considering joining a gaming company to “learn product management”… I was appalled because if anyone had asked me to recommend a strong product leader, his name would have topped my list. I strongly believe that being a product manager is not something you learn, it’s simply who you become as you try to scale and sell your product — it’s the art that most founders are already incredibly skilled at! An entrepreneur’s mind is highly trained to excel at the three E’s of Product Management:
Evaluate: Evaluate deeply what your customer needs and what your business needs. Evaluate the competitive landscape and understand what it takes to differentiate. Use this deep understanding to come up with a hypothesis for what will work…
Experiment: Put out small experiments to test your hypothesis. Keep tweaking your experiments to get to the right answer and to perfect your product…
Explain: Explain your hypothesis and what you have learned to key stakeholders within the firm. Align them so you can achieve the best possible outcome…
Pretty much every strong entrepreneur I know spends all his time doing the above three. They are constantly talking to customers, constantly testing their beliefs/hypothesis and constantly rallying their team and their investors behind their ideas… I can’t imagine a better training ground..!
Chief StoryTeller | Co-Founder @ Aurone Ventures | Angel Investor, Limited Partner | Post about my Entrepreneurial journey, life and business learnings | Recycling Knowledge
6 年Agree 50% with a strong bias towards your opinion. Since entrepreneurs are also fast learners,... With a short term training of 1-3 months in product management backed up by real life experiences will make him/her formidable candidate.
Director ONLINE TUTORS STD 1 TO 10 at HAPPY LEARNING CENTER
6 年Lets Race for HR Work From Home in Thane 2019? Business Earning potential 6 to 25 lacs pm? 9820223970 Richa? We are Starting Race Innovation Schools in Thane from Jan 2019 for 1 to 6 years Old We are Starting for 6 years to 16 Years in April 2019 We have Only 4 kids a Batch with one Teacher in Class room We have 2 Teachers batch with 4 Trainee Teachers in each classroom We make sure that Kids are Learning in a Fun loving manner where laugher is very important to erase boredom in classroom session We have role play reversal of Teachers in class room where we copy teacher behaviour etc We copy some body we know. We need 50% staff on Vacation mode while we have 100% Attendance in schools Classrooms Teachers have to coordinate when they need to take leave as much as they want since we are paid on hourly basis with weekly payout like Americans business. Every Thing runs like a Cooperative system with perfection and complete synchronisation of end results We need HR People to sit at home and recruit and train people to our requirements and manage the show like an independent business with a lot of flexibility options with a high package per hourly rate
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6 年I agree at 1000%???
Director at the Chemical Engineering department of the Universitat Rovira i Virgili, Member of Eurecat Technology Center
6 年It might be true, but my point is, many of them like to be their own boss....so, how do they fit in a large structured organization? I am affraid that many of them will suffer doing so.
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6 年This is not valid when the entrepreneur is a part of founders team but not the main brain behind the product. Companies who have 3 4 founders are heavily skewed towards 1 or 2 founders on decision making, hence picking up an enterpreneur for product manager role should be examined properly.