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Hustle Badger
@hustlebadger.bsky.social
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Practical advice for Product Leaders Wiki | Templates | Courses | Live Classes | Events https://www.hustlebadger.com
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Every Hustle Badger webinar is about practical skills:
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> AI Evals
> Leading without Authority
> World Class Product Orgs
> Working with sales
& more

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#product #productmanagement
B2B: fielding customer requests, managing complexity and working with other teams to land new features. PMs involved in the sales cycle. Continually building more functionality to embed deeper with your clients.
๐—ช๐—›๐—”๐—ง ๐—ง๐—˜๐—”๐— ๐—ฆ ๐—”๐—ฅ๐—˜ ๐——๐—ข๐—œ๐—ก๐—š
B2C: behavioural analysis, speaking to customers to uncover the "why" behind the numbers and then building solutions that users won't ask for, but will love. Generally about doing a few things really well.

๐—จ๐—ก๐——๐—˜๐—ฅ๐—ฆ๐—ง๐—”๐—ก๐——๐—œ๐—ก๐—š ๐—ฌ๐—ข๐—จ๐—ฅ ๐—จ๐—ฆ๐—˜๐—ฅ๐—ฆ
B2C: Users will ask for a faster horse.

B2B: Users more likely to be experts who you can (more or less) trust.

๐—”๐—ก๐—”๐—Ÿ๐—ฌ๐—ฆ๐—œ๐—ฆ
B2C: you can run AB tests and quantitative analysis a lot of the time.

B2B: it's much harder to run quantitative tests; you need to evidence changes inย other ways.
๐—ฆ๐—”๐—Ÿ๐—˜๐—ฆ-๐—–๐—จ๐—Ÿ๐—ง๐—จ๐—ฅ๐—˜
B2C: you don't need a sales team.

B2B: sales want lots of new features. They need to hit targets to get their bonuses, so they can be vocal about this ๐Ÿ˜…
๐—š๐—ข-๐—ง๐—ข-๐— ๐—”๐—ฅ๐—ž๐—˜๐—ง
B2C: lean into marketing channels that can reach lots of people with basically the same message.

B2B: need to reach very specific people who control the purchase decision

๐—ฃ๐—˜๐—ฅ๐—ฆ๐—ข๐—ก๐—”๐—ฆ
B2C: one major use case, and often the customer / user is the same person.

B2B: multiple personas at the same client with different agendas (e.g. Finance, Ops, HR all using the same tool but with different roles in the buying process). And youโ€™re adding new use cases as you expand.
B2B: setup fees and multi-year contracts. Pricing might be structured, but is often negotiated client by client. Revenue / NRR can lag significantly. Deals can take months/years to close.
๐—•๐—จ๐—ฆ๐—œ๐—ก๐—˜๐—ฆ๐—ฆ ๐— ๐—ข๐——๐—˜๐—Ÿ
B2C: business models that customers can easily leave (transactions / ads). Even subscription products rarely tie you in for that long. Pricing is quite simple. Transactions are fast.
๐—ฉ๐—”๐—Ÿ๐—จ๐—˜

B2C: Lots of customers, all paying a small amount
B2B: Fewer customers means you need to make more money off each customer
Though obviously this is a spectrum, not binary:
Enterprise > SMB > Pro-sumer > Mass market

That said, some generalisations...
๐—•๐Ÿฎ๐—• ๐˜ƒ๐˜€. ๐—•๐Ÿฎ๐—– ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜

There are two ways to build a big business:
โ€ข Charge a lot of people a small amount (B2C mass market)
โ€ข Charge a few people a very big amount (Enterprise B2B)

4. ๐—ฃ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐—ด๐—ฒ๐˜ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐˜„๐—ถ๐˜๐—ต ๐—ฝ๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ฐ๐—ฒ
As with all things, your operating model should be continually improved, but no one is good at things first time round. Change as much as you need to, and as little as possible.
3. ๐—ฆ๐—ถ๐—ด๐—ป๐—ฎ๐—น๐˜€ ๐—ต๐—ฒ๐—น๐—ฝ ๐˜†๐—ผ๐˜‚ ๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ ๐˜๐—ถ๐—บ๐—ฒ ๐˜„๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—บ๐—ผ๐˜€๐˜ ๐—ถ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜
As a manager you want to spend your time where you can make the most difference. Not on whoever shouts loudest.
2. ๐—˜๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐˜„๐—ผ๐—ฟ๐—ธ โ€œ๐˜๐—ฟ๐—ฎ๐—ท๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ๐˜†โ€ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜†
The earlier you know work is off track, the smaller the intervention needed to get it back on track, and less rework required.

For a great operating model, follow these principles:

1. ๐—ฃ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—ฐ๐—ฐ๐—ฒ๐—น๐—ฒ๐—ฟ๐—ฎ๐˜๐—ผ๐—ฟ
Reporting should be lightweight and the cost of doing it more than outweighed by the benefits of reducing risk and getting valuable feedback early.
Building Your Product Operating Model - Hustle Badger
Your product operating model is the way you make sure that you build the right things in the right way: high quality, fast, and reducing risks up front.
www.hustlebadger.com
After all, you're in charge of:
โ€ข Setting the strategy
โ€ข Hiring the best people
โ€ข Designing any processes necessary
PMs work on the ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜.
Product leaders work on the ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ ๐—ผ๐—ฟ๐—ด.

The test of a good leader is simple:
Are your teams successful?
(i.e. tell them what you really need, and let them figure out the best way to deliver it) and youโ€™ll save them huge amounts of time going forward.

What else do you need from leaders to do your best work?

๐Ÿงต13/13

#product #productmanagement
๐Ÿ“„ ๐—”๐—ด๐—ฟ๐—ฒ๐—ฒ ๐—ฎ ๐—น๐—ถ๐—ด๐—ต๐˜๐˜„๐—ฒ๐—ถ๐—ด๐—ต๐˜ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€
As a leader you need status updates. But bloated reporting processes consume hours and hours each week. Take 1-2 hours up front to co-create a reporting process with your PMs

๐Ÿงต12/13
๐Ÿ‘ฅ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฟ๐—ผ๐—น๐—ฒ ๐—ฏ๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜๐—ต
Product Management can be a very broad role - comms, analysis, delivery, user interviewsโ€ฆ good PMs can do pretty much whatever you need them to, but they canโ€™t do it all at the same time.

๐Ÿงต11/13
๐Ÿ›‘ ๐—•๐—ฒ ๐—ฒ๐˜…๐—ฝ๐—น๐—ถ๐—ฐ๐—ถ๐˜ ๐˜„๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ถ๐—น๐—น ๐˜๐—ฎ๐—ธ๐—ฒ ๐—ฟ๐—ถ๐˜€๐—ธ
Teams are usually quite conservative when it comes to risk, because they get blamed. If you want to move quickly, be very clear about the risks that you are willing to take.

๐Ÿงต10/13