Startups
A product studio is a lab for generating and testing ideas, then turning them into businesses.
You can think of the studio model as a powerful de-risking machine. The main way it de-risks is through diversification. Studios improve their chances of success by taking a bunch of shots on net rather than just one.
Because studios become experts at... See more
You can think of the studio model as a powerful de-risking machine. The main way it de-risks is through diversification. Studios improve their chances of success by taking a bunch of shots on net rather than just one.
Because studios become experts at... See more
Why the Future of Startups are Studios
Startup is a Craft
Building anything different and original is a process of discovery and exploration. Which means that there is no roadmap.
The fundamental craft skill of an entrepreneur is navigating this uncertainty more easily than others.
The craft is "earning secrets:" combining the skills of artists, explorers, and inventors, to discover new
... See moreTim HerbigTim Herbig
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Product Management Coach & Consultant | I help Product Teams connect the Dots of Strategy, OKRs, and Discovery through better practices.Product Management Coach & Consultant | I help Product Teams connect the Dots of Strategy, OKRs, and Discovery through better practices.
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Stop thinking of... See more
• Following • Following
Product Management Coach & Consultant | I help Product Teams connect the Dots of Strategy, OKRs, and Discovery through better practices.Product Management Coach & Consultant | I help Product Teams connect the Dots of Strategy, OKRs, and Discovery through better practices.
13h •
13 hours ago
Stop thinking of... See more
Paul Sturrock on LinkedIn: This is a very refreshing approach. If I understand it, it means "Start…
Eventually certain of the emerging effects coalesce into clearly achievable and desirable goals–landmarks that point to a discernible path beginning to emerge from the wilderness
Seasons entrepreneurs, however, know that surprises are not deviations from the path. Instead they are the norm, the flora and fauna of the landscape, from which one learns... See more
The Technium: 1,000 True Fans
But I like this model of bootstrapping entrepreneurs as foragers: living off the land as hunter-gatherers until they can find a market to homestead. Bootstrappers have to start from where they are and search for opportunities. Pasteur advised that “Chance only favors the prepared mind” so you have to open yourself up to possibilities and be... See more
The Technium: 1,000 True Fans
All entrepreneurs begin with three categories of means
- 1. Who they are–their traits, tastes,and abilities;
- 2. What they know–their education, training, expertise, and experience
- 3. Whom they know–their social and professional networks.
Saras Sarasvathy in “What Makes Entrepreneurs Entrepreneurial.“
The Technium: 1,000 True Fans
Effectual thinkers are like explorers setting out on voyages into uncharted waters.
The Technium: 1,000 True Fans
V3 | Systems | Bottlenecks
Bottlenecks are the choke points, the narrow parts of the hourglass where everything slows down. They’re the constraints that limit the flow, the weakest links in the chain that determine the strength of the whole. In any system, the bottleneck is the part holding everything else back.
The tricky thing about bottlenecks is... See more
Bottlenecks are the choke points, the narrow parts of the hourglass where everything slows down. They’re the constraints that limit the flow, the weakest links in the chain that determine the strength of the whole. In any system, the bottleneck is the part holding everything else back.
The tricky thing about bottlenecks is... See more