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Product Management in an Early Stage Startup
Markus Hafellner - Product & Project Manager
@mhafellner
markus.hafellner@firstbird.com
mhafellner.com
Agenda
Prologue
● Early stage startup means?
Main Part
● The starting point
● The journey
● Where we are now
Epilogue
● Pitfalls and lessons learned
@mhafellner
@mhafellner
● Founded in 2013
● Product v1 built by an external team
● Product v2 built in house with the
launch in March 2016
● ~1.000 customers
● Pre Series A
Early stage startup means?
Brief History of Firstbird
● Development team of 5
● Not much usage data
● Founder driven roadmap
● No user testing
● No experiments
● No metrics to measure success by
@mhafellner
https://media.giphy.com/media/PlnQNcQ4RYOhG/giphy.gif
The starting point
Our State of Product Management in 2016
● Website tracking
● Event tracking
● Define MAU (or DAU)
● Define product KPIs and gather the
relevant data
@mhafellner
The journey
Get More Usage Data
http://www.itsice.com/ingram-
flyhigher/gdpr/images/gdprmangif.gif
Top down
● Vision
● Pillars of Success
● Product Themes
@mhafellner
The journey
Define a Product Vision
“We just need that one feature to sell
the product.”
@mhafellner
The journey
- Every sales rep ever (at some point)
@mhafellner
The journey
Introduce Communication Tools
● Feedback from customer
facing roles must be valued
● BUT don’t follow it blindly
● Make use of a Product
Intelligence Tool
○ Structured feedback
○ Transparency
○ History
● Define product stakeholders
● Hold quarterly product goal meetings
● Hold monthly roadmap meetings
@mhafellner
The journey
Set up a Roadmap Process
http://design-kit-
staging.s3.amazonaws.com/procedures/transparent_cover_images/000/000/00
7/index/0_Roadmap_575x575.png?1409087521
● Customer Council 2,3
● Start with feedback as early as possible in the development cycle
● Define the goal of a feature
● Connect the goal with a success metric (if reasonable)
● Control and iterate, don’t ship and forget
@mhafellner
The journey
Start User Testing and Experimenting
@mhafellner
The journey
Give the Front Lines Some Material
● Join your Sales/CS teams in recurring
meetings to introduce new features
● Create press releases for internal and
external use 4
@mhafellner
The journey
Visualise Whenever Possible - Product Tree 1
● Dependencies are hard to know for
non-product/tech folks
● The importance of infrastructure is
often not understood
● Think about “logs to burn”
Feature Factory 5 -> Impact Driven Development
● Move away from celebrating the release to
celebrating the impact of a feature
● Keep customers in the loop early on
Impact (measured 30 days after release)
● Goal: More transparency and clear
communication for no reward cases
● Success metric: People selecting a reason
● Result: 90% feature usage
@mhafellner
Where we are now
Test Early and Test Often
Pitfalls
● You don’t and can’t know everything
● “Get out of the building” has to be taken
seriously to discover unknowns
Lessons learned
● Make user testing a habit 6
● Share results openly and with everybody in
the company
● Involve other team members
@mhafellner
Pitfalls and lessons learned
Be a Strong Product Leader
Pitfalls
● Don’t let others tell you what to do
● Reactive product management lags behind
Lessons learned
● Tell others what you do
● Proactive product management leads the
way
@mhafellner
Pitfalls and lessons learned
Communicate, Communicate, Communicate
Pitfalls
● Nothing is implicit
● More people means more structure
needed
Lessons learned
● Better say the same thing three times
● Casual conversations are not enough
when becoming a bigger team/company
@mhafellner
Pitfalls and lessons learned
Markus Hafellner - Product & Project Manager
@mhafellner
markus.hafellner@firstbird.com
mhafellner.com
Resources
1) Bastow, J. (2016). The Product Tree Game: Our Favorite Way To Prioritize Features. Retrieved April 11, 2018, from
https://www.prodpad.com/blog/product-tree-game/
2) Massey, C. (2017). Taylor Wescoatt - Being the First Product Manager - Mind the Product. Retrieved April 11, 2018, from
https://www.mindtheproduct.com/2017/08/taylor-wescoatt-first-product-manager/
3) All Hail the Customer Council : Seedcamp. (n.d.). Retrieved April 11, 2018, from http://seedcamp.com/resources/all-hail-the-
customer-council/
4) McAllister, I. (2012). Ian McAllister’s answer to Amazon (company): What is Amazon’s approach to product development and
product management? - Quora. Retrieved April 11, 2018, from https://www.quora.com/Amazon-company-What-is-Amazons-
approach-to-product-development-and-product-management/answer/Ian-McAllister
5) Cutler, J. (2016). 12 Signs You're Working in a Feature Factory – Hacker Noon. Retrieved April 11, 2018, from
https://hackernoon.com/12-signs-youre-working-in-a-feature-factory-44a5b938d6a2
6) Harward, T. (2018). Your team needs to make user research a habit. Retrieved April 11, 2018, from
https://www.invisionapp.com/blog/user-research-habit/
@mhafellner

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ProductTank Vienna #8 - Product Management in an Early Stage Startup

  • 1. Product Management in an Early Stage Startup Markus Hafellner - Product & Project Manager @mhafellner markus.hafellner@firstbird.com mhafellner.com
  • 2. Agenda Prologue ● Early stage startup means? Main Part ● The starting point ● The journey ● Where we are now Epilogue ● Pitfalls and lessons learned @mhafellner
  • 3. @mhafellner ● Founded in 2013 ● Product v1 built by an external team ● Product v2 built in house with the launch in March 2016 ● ~1.000 customers ● Pre Series A Early stage startup means? Brief History of Firstbird
  • 4. ● Development team of 5 ● Not much usage data ● Founder driven roadmap ● No user testing ● No experiments ● No metrics to measure success by @mhafellner https://media.giphy.com/media/PlnQNcQ4RYOhG/giphy.gif The starting point Our State of Product Management in 2016
  • 5. ● Website tracking ● Event tracking ● Define MAU (or DAU) ● Define product KPIs and gather the relevant data @mhafellner The journey Get More Usage Data http://www.itsice.com/ingram- flyhigher/gdpr/images/gdprmangif.gif
  • 6. Top down ● Vision ● Pillars of Success ● Product Themes @mhafellner The journey Define a Product Vision
  • 7. “We just need that one feature to sell the product.” @mhafellner The journey - Every sales rep ever (at some point)
  • 8. @mhafellner The journey Introduce Communication Tools ● Feedback from customer facing roles must be valued ● BUT don’t follow it blindly ● Make use of a Product Intelligence Tool ○ Structured feedback ○ Transparency ○ History
  • 9. ● Define product stakeholders ● Hold quarterly product goal meetings ● Hold monthly roadmap meetings @mhafellner The journey Set up a Roadmap Process http://design-kit- staging.s3.amazonaws.com/procedures/transparent_cover_images/000/000/00 7/index/0_Roadmap_575x575.png?1409087521
  • 10. ● Customer Council 2,3 ● Start with feedback as early as possible in the development cycle ● Define the goal of a feature ● Connect the goal with a success metric (if reasonable) ● Control and iterate, don’t ship and forget @mhafellner The journey Start User Testing and Experimenting
  • 11. @mhafellner The journey Give the Front Lines Some Material ● Join your Sales/CS teams in recurring meetings to introduce new features ● Create press releases for internal and external use 4
  • 12. @mhafellner The journey Visualise Whenever Possible - Product Tree 1 ● Dependencies are hard to know for non-product/tech folks ● The importance of infrastructure is often not understood ● Think about “logs to burn”
  • 13. Feature Factory 5 -> Impact Driven Development ● Move away from celebrating the release to celebrating the impact of a feature ● Keep customers in the loop early on Impact (measured 30 days after release) ● Goal: More transparency and clear communication for no reward cases ● Success metric: People selecting a reason ● Result: 90% feature usage @mhafellner Where we are now
  • 14. Test Early and Test Often Pitfalls ● You don’t and can’t know everything ● “Get out of the building” has to be taken seriously to discover unknowns Lessons learned ● Make user testing a habit 6 ● Share results openly and with everybody in the company ● Involve other team members @mhafellner Pitfalls and lessons learned
  • 15. Be a Strong Product Leader Pitfalls ● Don’t let others tell you what to do ● Reactive product management lags behind Lessons learned ● Tell others what you do ● Proactive product management leads the way @mhafellner Pitfalls and lessons learned
  • 16. Communicate, Communicate, Communicate Pitfalls ● Nothing is implicit ● More people means more structure needed Lessons learned ● Better say the same thing three times ● Casual conversations are not enough when becoming a bigger team/company @mhafellner Pitfalls and lessons learned
  • 17. Markus Hafellner - Product & Project Manager @mhafellner markus.hafellner@firstbird.com mhafellner.com
  • 18. Resources 1) Bastow, J. (2016). The Product Tree Game: Our Favorite Way To Prioritize Features. Retrieved April 11, 2018, from https://www.prodpad.com/blog/product-tree-game/ 2) Massey, C. (2017). Taylor Wescoatt - Being the First Product Manager - Mind the Product. Retrieved April 11, 2018, from https://www.mindtheproduct.com/2017/08/taylor-wescoatt-first-product-manager/ 3) All Hail the Customer Council : Seedcamp. (n.d.). Retrieved April 11, 2018, from http://seedcamp.com/resources/all-hail-the- customer-council/ 4) McAllister, I. (2012). Ian McAllister’s answer to Amazon (company): What is Amazon’s approach to product development and product management? - Quora. Retrieved April 11, 2018, from https://www.quora.com/Amazon-company-What-is-Amazons- approach-to-product-development-and-product-management/answer/Ian-McAllister 5) Cutler, J. (2016). 12 Signs You're Working in a Feature Factory – Hacker Noon. Retrieved April 11, 2018, from https://hackernoon.com/12-signs-youre-working-in-a-feature-factory-44a5b938d6a2 6) Harward, T. (2018). Your team needs to make user research a habit. Retrieved April 11, 2018, from https://www.invisionapp.com/blog/user-research-habit/ @mhafellner