Two-Priority Product Focus

A framework for validating new business ideas by focusing only on two core priorities while actively avoiding everything else.

The Two Core Priorities

  • Priority 1: Validate if people want the product

    • Pre-sell or get commitments before building
    • Talk to potential customers
    • Trust your gut instinct
    • Test if people "love it" vs just "like it"
  • Priority 2: Establish repeatable customer acquisition

    • Figure out where first 10 customers will come from
    • Determine path to first 100 customers
    • Validate if customer acquisition method is sustainable
    • Test if marketing channels actually work

What to Actively Avoid

  • Raising money
  • Company culture
  • Hiring
  • Corporate structure
  • Naming
  • Branding
  • Package design
  • Everything else besides the two priorities

Key Implementation Principles

  • Must be "brutal" about focusing only on these two things

    • People naturally gravitate to easier, less important tasks
    • The two priorities are "embarrassing hard stuff"
    • Need to actively avoid other activities, not just postpone them
  • Don't assume you're the exception

    • Most should not skip validation steps
    • Dangerous to think you're a "product visionary genius"
    • Even with past success, focus on core validation
  • Signs of doing it wrong

    • Hiring CEO coaches with just 2 people
    • Focusing on culture before product
    • Moving sideways instead of forward
    • Doing everything except the two priorities
11:00 - 12:06
Full video: 58:19
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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