In a normal economy, almost everyone is able to make a living trading their time for money. But you definitely can’t say the same thing about product owners.
Everyone wants to decouple their income from their time — the problem is there’s no predictable way to achieve that.
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Everyone wants to decouple their income from their time — the problem is there’s no predictable way to achieve that.
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You can’t ignore the odds.
If you want to take shots at the product business, you can stack the odds in your favor with the barbell strategy.
On one side do something predictable that pays the bills, and on the other side something speculative. Nothing in between.
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If you want to take shots at the product business, you can stack the odds in your favor with the barbell strategy.
On one side do something predictable that pays the bills, and on the other side something speculative. Nothing in between.
...
You can do the barbell in parallel:
1. Find a low-stress job/gig that pays the bills and leaves you with some spare time & energy.
2. Use your spare time & energy to do whatever you want, without being beholden to anyone, and without risking anything consequential.
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1. Find a low-stress job/gig that pays the bills and leaves you with some spare time & energy.
2. Use your spare time & energy to do whatever you want, without being beholden to anyone, and without risking anything consequential.
...
Or in series:
1. Find a high-stress job that pays a lot, but leaves you with no spare time and energy.
2. Quit your job and do whatever you want while you live off your savings. If you fail, go get a job again.
I did this version, but I generally recommend the first one.
1. Find a high-stress job that pays a lot, but leaves you with no spare time and energy.
2. Quit your job and do whatever you want while you live off your savings. If you fail, go get a job again.
I did this version, but I generally recommend the first one.
