The Lean Product Playbook: How to Innovate with Minimum Viable Products and Rapid Customer Feedback
The Lean Product Playbook is a practical guide to building products that customers love. Whether you work at a startup or a large, established company, we all know that building great products is hard. Most new products fail. This book helps improve your chances of building successful...more
This title says it all because it really is a playbook for how to go about building the product. I found it to be much more practical than the Lean Startup and here are some of the key ...more
I also like that it's not limited to startups; most of what's in here is applicable to both startups and more mature businesses.
If you're a fan of Steve Blank's approach to product management, this is a great companion (and is better written than the ...more
So if you've already read other books in the series, you can easily skip this one. Otherwise, it's not a bad way of getting familiar with the idea - none of synthesised topics feel too shallow, which makes this book quite ...more
product/market fit means being in a good market with a product that can satisfy that market - Marc Andreessen
The advice and practices described in this playbook are centered around the product market fit pyramid, which lays out 5 concrete steps that build on each other.
Starting with the lowest and most foundational these are:
I was immediately impressed by the organization of the book. The text is broken down by core concept, starting with the area of the product incubation process, then moving on to product development and optimization. Some parts were more relevant than other parts, as much of it was specific to ...more
I would have liked one or two more case studies for steps 1 - 4, target audience through to MVP.
Some may appreciate a warning that the author’s experiences at social networking service Friendster are used in the book, as well as some discussion of viral marketing/growth and Facebook’s successes.
That also reminds me that the focus is ...more
However, unless you properly consider and research the problem-space and value proposition, you can end up building something which either doesn’t ...more
The author covered topics such as defining the targeted market segment, identifying underserved needs, determining the value propositions, developing and testing the MVP, identifying key metrics, and product optimization.
I especially enjoyed reading the sections about 1) differentiating the problem space and the solution space and 2) writing down the business formula and breaking it down to define the most important metric to work ...more
This book covers basics of how to build product fast and with minimal waist. Also gives reasons behind these suggestions, therefore it is a good read for every team member in the cross-functional team.
As a data scientist I am most interested in building ML products, therefore this book was most valuable for me by providing a framework for "normal" product ...more
4 stars because I felt maybe 20-30% of the information was repetitive. And it got a lot technical at times and might be difficult to grasp for non tech people like me. I don't think a lot of people can follow the overtly technical stuff as first-time founders will not ...more
It's hands down the best book to demonstrate the overall process to create new software products.
If you read 'the Lean Startup' and it made sense, but you didn't know how to implement those ideas - this is the book for you. It's what 'Lean UX' attempted but didn't quite delivered - a more hands on additional book for lean startup process.
The chapter about agile development is the only one that might be a bit redundant for the readers or could have been ...more
The sections on UX and design seemed a bit superficial and weak, but that't probably because those are my areas of expertise. I wish everyone working with the product in my company would at least know those basics.
Special highlight for the metrics sections at the begining and end of the book, that seems to be the ...more
I saw and heard about many failures in startups and after reading this amazing book I got some reasons about that.
Last but not least, the book is plenty of useful metrics to get your achievement so I strongly recommend this book!!
Still, saying all that, I think Running Lean by Ash Maurya does a better job of moving you through the steps in a clear and compelling way.
Have a point of view but stay open-minded.
Articulate your hypotheses.
Keep your scope small but focused.
Talk to customers.
Test before you build.
Avoid a local maximum.
Try out promising tools and techniques.
Ensure your team has the right skills
Cultivate your team's collaboration.
It provides a comprehensive overview of all the steps needed to reach product-market fit. Once the reader is familiar with the concepts of this book, he can selectively drill down further into other books for deeper knowledge.
Dan earned a BS in electrical engineering from Northwestern and an MBA from Stanford. He also earned a master's degree in industrial engineering ...more