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The Foundr Podcast with Nathan Chan

99: Building a Product that People LOVE with Janna Bastow of ProdPad

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Entrepreneurship, Business

4.9 • 665 Ratings

🗓️ 5 July 2016

⏱️ 45 minutes

🧾️ Download transcript

Summary

As much as entrepreneurs can go on extolling the virtues of a great marketing strategy or knowing your target customer, at the end of the day, it's all about having something worth selling. No matter how great your advertising campaign may be, if you don't have something that people want to buy then you simply don't have a business. And yet, entrepreneurs all too often tend to gloss over this fact. They'll focus on everything else, but somehow forget to question whether or not their product is a winner, or even if it's a good idea in the first place. This is where Janna Bastow of ProdPad steps in, because she, more than anyone else in the world, knows exactly why effective product management is so instrumental to your startup's success. For Bastow, effective product management is when you're able to find that delicate balance between what's technically feasible, valuable for the customer, and profitable for the business, and define a roadmap on that basis. Ever since launching ProdPad in 2012, a tool that lets startup teams formally gather ideas, pick out the best ones and turn them into profitable products, Bastow has helped hundreds of startups and entrepreneurs in finding out what their perfect product is. More than anyone else, she knows how just difficult this process can be and why you shouldn't take it for granted. In this interview you will learn: What a product manager is and why you need one as part of your startup The best way to talk to customers and figure out what they actually want Step-by-step instructions on how to design a product roadmap Why you need a user story and what it means How to manage a remote team as a bootstrapped startup & much more!

Transcript

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0:00.0

This is episode number 99 with Jana Basto of the Founder Podcast.

0:07.0

What you need is thirst.

0:08.7

You need to be a thirsty human who is intent on learning.

0:12.7

It's a really fascinating exploration of human potential.

0:18.6

The Founder Podcast.

0:20.9

Even the greatest entrepreneurs had help. If you were... The Founder Podcast.

0:24.2

Even the greatest entrepreneurs had help.

0:29.5

If you want to learn from the most successful founders on the planet, you are in the right place.

0:36.8

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Humpington, Steve Case, Gary V, Sophia Amoroso, Barbara Corcoran, Damon John.

0:39.2

Learn from the greatest minds in business today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast.

0:45.4

The Founder Podcast.

0:52.5

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:58.7

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.3

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:10.4

you name it. We put out so much content to help you.

1:13.7

And another interesting project that we're working on right now is partnering with world-class

1:18.4

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.4

skills like negotiation, finance, e-commerce, and so much more.

1:30.7

So if you'd like to get access to these free trainings with founders like this, which is 100% free,

1:37.7

just go to founder.com forward slash free.

1:40.9

Okay, so now let's talk about today's episode.

1:44.3

Hello and welcome to another episode of the founder podcast. My name is Nathan Chan

...

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