Akash Kumar’s Post

Adaptability isn’t just an asset anymore — it’s survival. And one concept that’s revolutionized my approach as a CTO for this is The Build-Measure-Learn feedback loop from “The Lean Startup” Here’s how we implemented it -  → Build: We create MVPs that capture our core value proposition. It's not about perfection; it's about getting something tangible in front of users quickly. → Measure: We meticulously track key metrics. Gather real-world data—What are users actually doing with your product? → Learn: We analyze results rigorously, using insights to drive our next moves and make decisions to pivot, persevere, and—if necessary—pull the plug. This cycle turns assumptions into insights, gut feelings into data-backed decisions, and stay agile in a fast-changing tech environment. This approach was most effective when we started off with IT projects, but the beauty — It worked across all boards. ✔ From fintech to enterprise software. ✔ From internal processes to client interactions. But, this is not just a process. It’s a mindset. One that embraces uncertainty, celebrates learning, and thrives on adaptation. These is my experience with the Build-Measure-Learn loop, what’s yours? #BuildMeasureLearn #LeanStartup #AgileLeadership #MVP #TechInnovation #CTO #ProductDevelopment #DataDriven #Adaptability #BusinessAgility #InnovationStrategy #Fintech #businessowner #Validatedlearnings #Entrepreneurship

Are you building features or are you driving outcomes? Great PMs drive outcomes. Checkout this 90 second soundbite on this. Thanks Chisel and Praful Chavda for creating a forum to share my experience and insight. People in my network - what do you think about my view? Can you share examples of when you've seen product teams fall in love with features, but forget about the outcomes? #CPOSoundbites #productmanagement #outcomes

In a startup, every decision feels critical. But when you're operating in uncharted territory with little data to guide you, how do you avoid decision paralysis? Define when to killing a project: What will you measure to determine if you're NOT on the right track? Having that north star can help you navigate the inevitable forks in the road with more confidence and alignment. Instead of endless debate, you can run experiments and let the data guide you. Be flexible. I'll change course in a moment if need be. It's not about being right, but being less wrong over time as you iterate your way to a repeatable business model. Embrace the uncertainty and just keep moving forward. Share in the comment: when do you shut something down?

Agility & Adaptability 🚀 The Lean Startup model is all about agility and adaptability! Say goodbye to lengthy business plans and hello to rapid feedback and iterative development. Perfect for today’s fast-paced business world. #LeanStartup #AgileBusiness #Innovation

Great product teams understand that you have to move at an unprecedented speed. While you have competition in the market, the real competition is from that startup that you're not even aware of yet. 1000 - 2000 new rounds of private capital get raised every quarter so if you're thinking you're doing great against existing competitors you are already behind. You need to be ahead of whatever comes next which means you need to be defining what's next. Great product teams understand this - every day they are creating and shipping value that puts the next [whoever] further behind. Every day they outpace themselves. Every day their customers are surprised how much new value they get to experience. Every day. #productmanagement

All the obsession around "clicking with the market" is a trap. Tech startup founders dream of the magic moment when things turn into smooth sailing. The truth? It's not a single point in time; it's an ongoing process. The key to sustaining growth lies in continuous adaptation and improvement. Here is a roadmap to guide you through this journey ↓ ☑️ Understand Your Market Deeply → Conduct Thorough Research: Regularly engage with your customers to understand their evolving needs and pain points. → Analyze Competitors: Keep a close eye on your competitors' moves and industry trends. ☑️ Validate Constantly → Run Experiments: Test new features, marketing strategies, and pricing models. Gather data and learn from each iteration. → Measure and Iterate: Use metrics and KPIs to track progress and pivot when necessary. ☑️ Optimize Customer Experience → Simplify Onboarding: Ensure your users can easily understand and start using your product. → Enhance Support: Provide robust customer support to reduce churn and increase satisfaction. ☑️ Align Your Team → Cross-Functional Collaboration: Ensure seamless communication between product, marketing, and customer success teams. → Agile Development: Adopt agile methodologies to respond quickly to market changes and customer feedback. At a startup I worked with, we had a promising product but struggled with high churn rates. By focusing on the customer journey, identifying critical points, and running targeted experiments, we managed to cut that by 50%. The key point: This was NOT a one-time fix. It was a continuous effort to stay aligned with our market's needs. Your Turn: ↳ What strategies have you found effective in navigating the journey to growth? ↳ Share your insights in the comments! 👇 ♻️ Found this useful? Repost to help others ♻️ ____________________________ Hi! I am Christos. 👋 I am passionate about entrepreneurship, innovation, and their potential for positive change. When not posting, I help product-led startups scale. Feel free to follow or DM me. I love making new connections!

One of the most challenging aspects of leading a startup is navigating diametrically opposed forces: urgency and patience. In the startup world, you're often caught in a whirlwind of activity - pushing limits, setting ambitious goals, and moving at a breakneck pace to stay ahead of the curve. It's a frantic dance of doing a million things at once, where speed seems like your greatest ally. However, there's another side to this dynamic energy: the inevitable slowdowns. Whether it's waiting for client decisions, adapting to market changes, or simply encountering the natural ebb and flow of business cycles, these moments demand a completely different skill - patience. Balancing these opposing forces is more of an art than a science. It involves staying agile yet grounded, ready to sprint when the path clears, and composed when faced with delays. At rather.chat, we focus on putting the right processes in place, and then trusting the process.  How do you keep your teams motivated and ready to pivot between these extremes of pace? P.S. Thanks, Llama 3, for the image!

💰 How to Spend Smart and Make Every Dollar Count ? Here's a high-level breakdown of the major technical costs to consider when launching a digital product. 🛠️ Infrastructure & Tools - 50%: Investing in robust infrastructure and essential tools forms the backbone of your tech operations. 👩💻👨💻 People - 30%: Building a talented team is essential. Initially, efficiency is key, with the CTO or tech lead driving development to maximize speed and resource use. 📊 Risk Management & Agency - 20%: Allocating resources for risk management and leveraging agency support ensures operational stability and strategic guidance. Securing credits from cloud platforms can reshape your budget distribution: Infrastructure & Tools - 10%: Utilize credits to minimize costs here. 💳 Excess - 40%: Allocate freed resources into critical areas like marketing or expanding key verticals. 📈 Starting lean and efficient allows startups to validate their MVP and establish a clear product roadmap. This groundwork not only conserves resources but also enhances the attractiveness of your venture to potential team members and investors as you scale. How are you managing your startup's technical budget? Share your insights and experiences! 💬 If you're starting up and need advice on managing your budget effectively, connect with me 1:1! 👇 https://lnkd.in/g7FfNqmv #StartupStrategy #TechnicalBudgeting #Entrepreneurship #CTOInsights #CloudCredits #MVPDevelopment

🌐 Discover the Power of MVP Development with MVPMule! 🌐 At MVPMule, we're dedicated to transforming innovative ideas into market-ready products. Our expert team specializes in creating Minimum Viable Products (MVPs) that help startups validate their concepts with real users, quickly and effectively. 🔍 Our Services Include: Rapid MVP Development: We focus on the essential features to develop a functional prototype swiftly, ensuring you can test the market without delay. Custom Software Solutions: Tailored specifically to your startup’s needs, our solutions are designed to scale as your business grows. Agile Project Management: Our agile approach allows for flexible and adaptive planning, continuous improvement, and a quicker delivery time. 🌟 Why Choose MVPMule? Expertise: Our team is equipped with the knowledge and skills to bring your vision to life. Efficiency: We understand the startup pace and optimize our development processes to match. Support: From ideation to launch, we’re with you every step of the way. 🚀 Are you ready to accelerate your startup's journey from concept to reality? Connect with us to learn how we can help turn your idea into a viable product ready to capture the market. Let's innovate together! Get a quote now: https://lnkd.in/dTFjh4Fk #MVPMule #MVPDevelopment #StartupSuccess #SoftwareDevelopment #TechInnovation #ProductLaunch #BusinessGrowth

🚀 Excited to share insights on "Accelerating Time-to-Market: Strategies for Startup Success! ⏱️ In today's fast-paced world, getting your product to market quickly is essential for startup success. Here are some key strategies to accelerate your time-to-market: Embrace Lean Startup principles for rapid iteration and customer feedback.Implement Agile development practices for flexibility and adaptability.Prioritize essential features to avoid delays.Build cross-functional teams for efficient collaboration.Leverage automation tools to streamline processes.Outsource non-core activities to focus on core competencies.Launch Minimum Viable Products (MVPs) for quick validation.Adopt iterative development to continuously improve.Implement CI/CD pipelines for faster deployment.Design scalable infrastructure to handle growth.Ready to supercharge your startup's journey? Let's accelerate together! 💡 #StartupSuccess #TimeToMarket #AccelerateGrowth #InnovationJourney #StrategicExecution #hiddenbrains