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Ashka Vakil

AMA: Mezmo Sr. Director, Product Management, Ashka Vakil on Building 0-1 Products

May 2 @ 10:00AM PST
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Mezmo Sr. Director, Product Management, Ashka Vakil on Building 0-1 Products
Top Questions
What is your first step in developing a 0-1 product?
I haven't heard the phrase 0-1 products before and would love to learn more about it.
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
The first and most critical step in developing a 0-1 product is to identify a customer problem that is pervasive and unmet. This requires conducting research and gathering insights into the target market, understanding their pain points, and identifying gaps in existing solutions. The goal is to ......Read More
521 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
To ensure that you are investing your resources wisely, it is critical to have a high degree of confidence in the problem you are going after. You do not want to spend engineering resources on a problem that may not be large enough or is technically not possible to solve. Here are some key indica......Read More
415 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
The decision to invest in a second product versus innovating on an existing product depends on a variety of factors, including market demand, core competencies, competitive landscape, resource allocation, strategic goals, and financial viability. By carefully considering these factors, a company ......Read More
435 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Reed Hoffman's quote is a reminder that it's important to get a product to market quickly, even if it's not perfect, in order to gather feedback and iterate based on that feedback. Mark Zuckerberg championed "Move fast and break things" at Facebook which is similar philosophy as well. However, in......Read More
386 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Projecting revenue for a product that hasn't shipped yet can be challenging, but there are some steps you can take to estimate potential revenue: * Define your target market: Start by defining your target market and estimating the size of the market. This will give you an idea of the pote......Read More
400 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Building a 0 to 1 product is challenging even for experienced product managers. Here are a few things that can make it challenging to successfully build a 0 to 1 product. * Ignoring market research: It's important to conduct market research to understand the needs and preferences of your tar......Read More
472 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Prioritizing validated problems ensures you are focusing on the most pressing problem that will have the largest impact. It is finding out what will give you the biggest bang for your buck. Prioritization requires a thoughtful and strategic approach. Here are some ways to prioritize various valid......Read More
418 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Validating problem statements requires a user-centered approach that involves collecting data through user research, defining the problem statement, prioritizing the problem statement, developing a hypothesis, creating a prototype, testing the prototype, and iterating based on user feedback. Let'......Read More
390 Views
1 request
Ashka Vakil
Ashka Vakil
strongDM Sr. Director, Product ManagementMay 3
Getting feedback is a great way to validate the problem and make sure you are tackling a pervasive problem. Make sure you have a clear and concise articulation of the problem and who your target audience is. There are many different ways to get feedback; listing a few here. 1. Conduct a surve......Read More
409 Views
1 request