Product Development Insights Oct 11: Nicholas Thorne

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LESSONS FROM THE ROAD OCTOBER 21, 2011 – Nicholas Thorne, CEO / Basno

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Transcript of Product Development Insights Oct 11: Nicholas Thorne

Page 1: Product Development Insights Oct 11: Nicholas Thorne

LESSONS FROM THE ROADOCTOBER 21, 2011 – Nicholas Thorne, CEO / Basno

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Finding the isolation points.

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I live with my parents.

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These are the things in my room.

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They are valuable to me.

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No one comes to my room.

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Productize: Can we digitize?

ISO

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Don’t forget the whole point.

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Take the medal.

BRAND

SCARCITYSINGULARITY

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The little blue checkmark.

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Actually a piece of paper.

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Badge number…

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Think simple.

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ISOMarket: Can we monetize?

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Dual value propositions.

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The Z Axis

PRODUCT- USER

FIT

HUNGERFEAR

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They’re all sophisticated.

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OPUD-ALAP

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Help me help you.

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Finding the fast-moving current

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Broad vision. Narrow execution.