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8/20/2019 TOFI August 31, 2015 Product: Young
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1© 2013 Architelos and/or its affiliates. All rights reserved.
Michael Young, CTO
“The Road to Product”
-Tell me where it hurts-
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Why pain really does matter,…..
•
It’s not about me, it’s about you,….
• Life is actually a Dilbert cartoon
• Paying for Pain, Pleasure comes for free
• Be wary of the forks in the Road
• Foundations count
•
Researching Truth not JustificationsBut first, a bit about Architelos:
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• Founded in 2011 with Locations in CA, VA, Toronto and Dublin
•
Over 60 years of combined experience in DNS market
• Alexa Raad – former CEO of .org & CMO .mobi
• Michael Young – former VP Development Afilias
• Norbert Grey – former CFO .mobi
•
John Matson – former EY & KPMG Consulting Partner
• Greg Aaron – Abuse Detection & Mitigation Expert
•
Provide Strategy Consulting and Software Services
Market Leading Abuse Management Software NameSentry
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Some of Our Clients
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It’s not about me, it’s about you
“Be where the world is going.” – Beth Comstock
• So you are really smart and motivated, so what,…
• Where did your idea come from? Remember the exact
moment,….•
Glorious ideas aren’t so glorious until they find theirmarket
•
Listerine – 133 years old, created for surgery and gonorrhea
•
Coke – alternative to morphine addiction
•
Post IT Notes – 3M, failed glue
•
Play-Doh – wall cleaner and bankruptcy (Kutol, 1950s)
•
Kotex – a WWI war bandage
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Life is actually a Dilbert cartoon:
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The Story of Slinky:
Betty and Richard James
Richard:•
Engineer, invented Slinky while trying
to create a naval measurementproduct
•
In 1960, left everything in disgust to
become an evangelical missionary,
died 1974
Betty:•
Ran the Slinky empire prioritizing the
needs of poorer children
•
Died 2008, age 90, children still love
Slinky
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Paying for Pain, Pleasure comes for free
“Giving up smoking is the easiest thing in the world. I knowbecause I've done it thousands of times.”! Mark Twain
• Nir Eyal restates what “Madmen” already explained in his book
“Hooked”, if you can’t find a pain point, create one.• By providing a painkiller, I am likely causing pleasure, so is all
pleasure just a cure for pain?
• Top Five most addictive drugs in the world:
1.
Alcohol2. Caffeine
3.
Heroin
4. Cocaine
5. Nicotine
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Be wary of the forks in the Road"The indispensable first step to getting the things you want out of
life is this: decide what you want.”
-Ben Stein
• Examples of lost product focus:
• Harley Davidson
• Kodak
• Yahoo and AOL
• Examples of tight product focus
•
Proctor and Gamble, (Purpose, Values, and Principles)
• Apple, 1997 – industrial design or technology company?
People don't buy what you do, they buy why you do it.
Simon Sinek
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Casio AT-550
• Capacitive Touch-screen• Calculator
• Finger tip writing recognition
What year was this available?
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Great Foundations Are Essential:•
Agreements, Background
Checks•
Prior Art, patents
•
What’s known in the general
public
•
Prior employer can be the
biggest threat
•
3rd Party interests
•
Document the creation process
•
Document the work
•
Use third party systems that
attest to that work
independently•
Once you have something
valuable, someone is going to
try and take it from you
•
The Defense of that starts now
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Researching Truth not Justifications
An explanation of cause is not a justification by reason.C.S. Lewis
•
Who do we tend to ask initially? People we know, and suddenly we just skewed the sample,…….
•
Who should we ask? It depends on who has the pain point,…
•
Don’t depend on broad market sizing research, segments matter,build an empire by conquering territories, be specific, tie it to yourproduct roadmap, tie it to your business plan.
•
Invest in focus groups, run the focus group yourself if you need to,you would surprised how small of a sample provides useful feedback
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Pain Point
Prove it
Plan it
Produce it
“If you can dream it, you can do it .”
Walt Disney
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14© 2013 Architelos and/or its affiliates. All rights reserved.
Michael Young, CTO
Thank you!You can find me at: