The Azodo Profile picture
Jul 19 5 tweets 2 min read
On this year's edition of #WorldProductDay, I want to share my #ProductStory of how I took a 40% pay cut in order to learn more & grow my impact in the product management space.
Some years ago, I took a job as a Lead Product Manager about 3 years into my product management career.

The pay was good.

The people were nice.

The office has a good culture.

But I left after just 3 months.
I wasn't learning anything.

My idea of product management was not in alignment with theirs.

They wanted to grow their software business but wasn't ready to do "really" do it...

It's like wanting to move on but still holding on to your ex.
At the end of the day, I had to prioritize learning over earning.

It was not an easy decision losing 40% of your monthly salary.

Looking back, it was one of my best career decisions.
At the beginning of your career, I encourage you to prioritize learning over earning.

Learning is a skill that compounds.

Learn a valuable skill. Seek out means to practicing that skill.

Repeat.

Watch what happens.

That's my #ProductStory & encouragement to you #PIP

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with The Azodo

The Azodo Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @SimplyAzodo

Jul 20
Product Management is simple but NOT easy.

Let me explain the PM Role using:
- What?
- Why?
- How? The PM Role by @SimplyAzodo
The role of a product manager is simple.

Step 1.
You ask the users WHAT problems they are facing & would like solved

- Don't try to solve problems you don't understand.

You can't understand a problem better than those experiencing it
If you don't ask the users or potential users, you might end up building a beautiful solution for a problem that does not exist.

An additional benefit of asking the users is co-creation. They feel they're part of the building stage.

That creates a bond with your early adopters.
Read 8 tweets
Apr 4
We all struggle to price our products & services adequately.

The first thing to note about prices is that it is a vague concept.

"It is irrelevant how much something costs to make; what matters is how much customers value it" ~ Nichola Lovell
Like beauty, the value of a product & service (and what a customer is willing to pay) is in the eye of the beholder (the buyer in this case)

So try to help your buyer "see" the value they are paying for.
Note:

* Price is the amount of money a user is willing 2 exchange for a product or service

* A pricing strategy is a method(s) used to arrive at the best price for a product or service

* A good price is one that matches a user's perceived value & the amount she's willing 2 pay
Read 13 tweets
Apr 3
What is a Minimum Viable Product?

The term MVP was first coined and defined by Frank Robinson in 2001.

Eric Ries & Steve Blank helped popularize it.
MVP is a version of a product with just enough features & functionalities to be usable for early users who then provide feedback for future versions.

It is NOT an incomplete product.

It is NOT a product with only functionalities.

It is NOT a product with only aesthetics.
Essentially, with a minimum viable product you are trying to:

* test your hypothesis
* minimize resource wastage
* get your product into the hands of your first "evangelists"
* build your brand and increase name recognition
* arrive at product-market fit faster!
Read 6 tweets
Mar 25
Product Management is NOT Project Management.

Similar but not the same!

Here are some of the differences 👇🏾
This thread 🧵 discusses what product management is and what product managers do

So, what is project management?

Project Management is the function that focuses on planning and driving the completing of assignments/tasks (i.e. projects) while managing time, budget and scope

Keywords: time, budget and scope.
Read 14 tweets
Mar 24
Product Launch Checklist.

A template to follow so you don't leave (many) things to chance!

A short thread 🧵
Murphy's Law: "Anything that can go wrong will go wrong."

...and they will go wrong at the worst possible time!

Using checklists ✅ will help you reduce the chances of things going wrong on your big day!
Product Launch Checklist 1/3

* Carry out User Acceptance Testing (UAT) & get stakeholders' signoff

* Launch to a closed group (e.g. colleagues) & Optimize

* Review Launch Creatives with the marketing team

* Create FAQs & Training materials for the Support & Sales Teams
Read 8 tweets
Mar 22
Stop calling your developers to describe product or feature ideas to them over the phone 📱
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(