The Co-Founder Memo #003A product co-founder in your inbox. Happy Sunday! Juan here from The Co-Founder Memo. Today:
Let's go! 🧠 From the LabWhat being good at "product" really means Last Sunday I shared about an internal workshop we ran at Jams. These past days we started working on many of the tasks that came out from that workshop. And one of those was for me, and probably the hardest one: Defining for good what we mean when we say "We want to be a top product agency". This is part of a process I'm going through about defining the vision of the company for the next years. What does "product" even mean? As I also mentioned last Sunday, code and design are being commoditized more and more. So: we don't have any excuse not to execute those two incredibly well, and we need to reinvest in becoming really good at shipping not design and code, but products. Shipping a product means translating "vision" into product. A founder's vision (from one of our clients as an example): "We want to build a golf-club style app for private equity investors and industry experts where they can connect, share deals and create groups". We translated that to: "[App name] is a mobile and web app that helps private equity investors, deal makers, entrepreneurs and industry experts join a highly-vetted private community. Through [AI agent's name], an AI co-pilot with expertise in industries and capital, members will be able to tailor the app's content based on their background and interests, do market trends research, create deals and groups, and connect with like-minded members" Plus everything that came with that translation process (journey, well defined features, a well defined set of users, a scope, an MVP, a backlog with prioritized features, and a long term roadmap). Above all, this translation comes with big understanding of the business and the customers after lots of back and forth conversations with the stakeholders challenging their idea and their vision, and asking a ton of the right questions. This usually means we rethink the vision, together. This is what "product" means, at least to me. Some skills that come with that:
I know this sounds like a lot. But these are skills product teams should have, especially nowadays in the age of AI and AI assisted tasks (writing, coding, documenting, wireframing, etc). Shipping code is one thing. Shipping products is an entire different game. A hard one. But absolutely worth learning. What are your thoughts on this? What's your current challenge with your product or product team? 🔧 From the TrenchesRelated to all the product stuff I talked about, I keep thinking about a few core skills that Product Managers and product people in general SHOULD have as must at this point. Pretty basic ones:
I'm afraid to say that not so senior people should do this without excuse at this point. Some more stuff on the trenches if inspiring to you:
💭 From the ChairI've been working on this huge FigJam file analyzing all my past LinkedIn posts from the past months, understanding patterns and metrics, and also reviewing past deals on my CRM. Lots to do: Since I've grown Jams to where we are in the past 2 years 95% on referrals, it's time to double down on customer acquisition. I'll be setting up a few loops focused on:
I've been talking to a few outreach agencies (and even hired one) and learned a very important insight: Yes, cold outreach works. But:
I'm kicking things off next week. Will be sharing results along the way. Oh and also got to share a cool run + coffee with the local Founders Running Club: 🔗 From the FeedInteresting stuff I consumed:
If you made it so far, thank you so much! Until next Sunday, Juan P.S. If you know a non-tech entrepreneur who might benefit from reading this, please share. The Co-Founder Memo goes out every Sunday. Join 1,000+ founders moving faster and smarter here. |
A weekly industry memo for founders who refuse to build generic software. I’m sharing the frameworks, "Dark Arts," and product strategy we use at Jams to build high-fidelity products in the experience economy.
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