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.

• Don't be afraid to change your answer because problems change.

• Saying no is the first step to simplifying the product.

• Be the number one customer of your own product.

• 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.
Source: http://tomfishburne.com/site/wp-content/uploads/2012/08/120813d.featurecreep.jpg