Hey friends, Welcome to my newsletter, where I share everything I've learned after 25+ years of scaling businesses, using my experience as a 3x founder and 2x Senior Executive. Including lessons from over $800M in fundraising and $300M in product launches. Hey Reader, My latest content is available. Check it out below. My Playbook for Taking $300M in Products to MarketPublished on January 19, 2025 Hint, hint - Don't forget to scroll to the bottom for a private, subscriber-only event... Selling a product? If so, you are competing with over 30,000 new products that enter the market every year. Think about what that adds up to over multiple years. I'll do the math for you - it's a lot of products you are competing with for attention. According to Clayton Christensen, a well-respected Harvard professor, about 95% of those new products will fail. Ventures fail for a lot of reasons. A lack of funding, cash-flow problems, etc. But, all of those reasons come back to a lack of finding and winning the right customers. Think about it. You don’t have cash-flow problems if your product is selling well. You can self-fund, or bootstrap, the growth of your business if your product is selling well, or at least most business models can. But, that isn’t the reality for nearly every new product. Where they go wrong is the founder(s) have a good idea and they charge forward without a go-to-market strategy, so they:
I've done that myself. In 2010, when I was launching GoGrabLunch, I opened up membership to the entire world, instead of taking a slower, more deliberate city by city approach where I could focus on serving the right customers. That one decision cost us dearly. Fortunately, I learned from that mistake. Over the years, as I've taken over $300,000,000 in products to market for myself and other companies, I've paid more attention to dialing in the go-to-market strategy and understanding things like:
All of that, and more, is what makes up my Bookends of Product Management process. If you want your next product launch to be successful, you can copy my exact playbook. In my new book - Go-to-Market Made Easy - I share every step of my go-to-market strategy and the secret steps that most people miss. It's available for pre-order on Amazon. Join my live Q&A session (only for subscribers!)👀👋Also, don't miss out on my special launch day event. On 2/3/25 at 7pm EST, I'm hosting a live Q&A session where I'll answer questions about your own product go-to-market strategies. This event is only available to the first 100 people. So, make sure you get registered today. If you enjoyed today's content, please consider sharing it with the people you know.
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I share actionable advice designed to help you design your life and build a business. To do that I pull from my 25+ years of experience as a 3x founder and 2x Senior Executive in Finance and Product. With $300M in product launches and $800M in fundraising.
Hey friends, I hope you are having a wonderful weekend! 🙌 Yesterday, I published my newest book, Stress-Free Finances, on Amazon in both Kindle and paperback formats. GET IT ON AMAZON I poured EVERYTHING I know about personal finance into this book, with the idea of helping you create a stress-free financial life. 🫗 If you are ready to take control of your financial future, why not leverage my 25+ years of experience? Over 1,326+ people have so far. The book includes a variety of templates...