Friday, November 9, 2012

Product Management: 5 Product Management Tips

The other day I saw this Warren Buffet's 5 tips for life.

Warren Buffet’s 5 Life Tips:

  • On Earning: “Never depend on a single income. Make Investments to create a second source.”
  • On Spending: “If you buy things you do not need, soon you will have to sell things you need.”
  • On Savings: “Do not save what is left after spending, spend what is left after saving.”
  • On Taking Risks: ”Never test the depths of the river with both of your feet.”
  • On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.” 

These tips resonated with me.  It's concise yet communicates the lesson from Buffet's personal experience.

Inspired by these quotes, I thought about how I might write the lessons that I've learned from my product management experience.  Here's what comes to mind.

Jae's 5 Product Management Tips:
  • If it's worth doing it, it's definitely worth doing it right.
  • Lack of communicate is the surest way to set a wrong expectation and destroy trust.

Do you have any tip to share?

If you are having a conversation like this with your execs,
the product's best day is likely behind you.

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