How to Build a Product I - Michael Seibel, Steve Huffman, Emmett Shear - Stanford CS183F
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- Опубликовано: 18 апр 2017
- In the first of four lectures on How to Build a Product, Michael Seibel, CEO of Y Combinator, interviews Steve Huffman and Emmett Shear on how they built their products as founder-CEO's of Reddit and Twitch, respectively.
5:10 Justin TV vs Twitch, build for yourself vs built for others
10:43 Minimum remarkable product
16:45 Why you need metrics as a baseline
17:56 Log the 5-7 most important metrics to your business
22:10 Why you should fix one issue at a time
24:47 Talk to users to HAVE product ideas, not the other way around
25:40 Consensus building after talking to users
30:40 Emmett on talking to users
33:23 Looking at metrics, explaining why your metrics improved
37:30 Solving seemingly conflicting customer problems
39:00 Invert your assumptions, question them
42:00 Product market fit
46:20 How Emmett found Twitch's most important customers
Between all the various YC videos and Stanford talks, this one ranks in my top 5. Very well spoken guests! It also helps when I am intimately familiar with the products they are referring to.
Would you share your top 5?
What else would you rank? Do you have a playlist you can put together - this is a good one!
Great insights from the creators of my biggest time sinks.
then they are doing their work properly ;)
Very well put words to describe their success.
Reddit is truly a black hole lol
I found this session to be very dense with knowledge. I took 3 pages of notes. I was averaging two pages of notes for other lectures.
Would you be a friend and share your notes with me via Google Drive or Dropbox or anything ?
Same here Sir. Will appreciate it.
Hi Vijay and Bennett. In addition to my Startup idea I am also a teacher. I take my notes using pen and paper because I have found the physical process of writing things down the old fashioned way helps me remember the material I am studying better than taking notes using a laptop.
Here are my 3 pages of hand written notes.
drive.google.com/drive/folders/0BybQkG7iKdn6VUFfQ0lISlR4SEE?usp=sharing
Also i had to turn on the CC text to catch everything that was being said (I think that the students attending the lecture live are actually at a disadvantage since they can't pause the lecture and ask for clarification)
I also paused the video every two minutes when key point was made.
Thanks Sean! Your notes were great to use as material to follow along with.
That will be fine Sean if you dont mind sharing. Will appreciate same. Best.
Great talk. Thank you all for your contribution. Priceless. Witty jokes make good vibe)
Extremely enlightening class!
Main Takeaway
1. When building MVP, get it out AS FAST AS YOU CAN. Thats the only way that you know, whether you are right or wrong.
2. If you proud of your MVP, you are too late.
3. Collect your user activity.
4. If you don't have time to build the analytics tool, use 3rd party software and then just Log the top 5 important activity metrics
5. Always talk to your users first, then build the feature. if possible don't do it backwards.
6. Don't ask for the users on what feature to build. Just listen to their problem and try to solve it.
Great!Learn a lot from this class!!
Absolutely well done and definitely keep it up!!! 👍👍👍👍👍
Great interview i learn a lot about how to grow up a producto and lear more from costumers or users
This is a great video!
awesome, must see! 👏
11:50 this was me recently. My last company we were able to build a landing page that said we are going to build this give me your email address and that worked perfectly.
This company I’m working with now we tried that and we got zero email sign-ups. It’s because this type of online product needed an actual interface that somebody could play with. One or two or three features.
Interesting how one thing works so well And one scenario but doesn’t work at all in another. A constant learning exercise.
if there are around 350 users for your product, do you think that is a fair number of early users?
as in are they enough for initial feedback or shall we push our marketing to get more users instead of focusing entirely on improving the product?
100 people that love your product is what I hear is the best to have
Depend on the time i guess?
what are the habits Steve refers too when he is talking about creating products customer like/dislike? 20:55
Whatever habits that brought you to build a product customers don't like: Speaking in general terms that could be a) Not talking to them and b) Not keeping an eye on the kind of metrics the founder of Quora talks about in the previous video. It could obviously be anything though, maybe it's putting something out there and not updating it. The main takeaways I've gotten from YC in general are to talk to your customers and to continuously iterate using the scientific method (ie paying attention to metrics + feedback and adjusting accordingly). It could also be that you didn't pay enough attention to your competitors. Paul Buchhiet of YC has talked about how he was the first to use a Like button on his social networking company, and how Facebook copied them 2 weeks later (and likely used metrics to determine it should stay). Facebook is a good example of a company that is still aggressively aware of what their competitors are doing. Snapchat seems to have been a catalyst for a big direction they're taking things (AR). It could be anything but product-wise, those 3 things are probably very big ones.
Almost immediately after, Huffman talks about building the new product from an MVP and iterating from there. Continuous iteration via the scientific method is probably the biggest thing. Both talking to your customers and paying attention to competitors feeds into that.
"if it's not for you, your intuition is lying to you."
Thank You
So good
KPI and metrics for a grain beverage product?
Watching this after Emmett became OpenAI's new CEO
+1
ya reddit redesign... no no
How to not run a social media company.
2nd comment