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Code Story: Insights from Startup Tech Leaders

S5 Bonus: Jay Haynes, THRV

Code Story: Insights from Startup Tech Leaders

Noah Labhart - Startup Founder & CTO

Tech News, News, Business, Technology, Entrepreneurship, Careers

4.6216 Ratings

🗓️ 5 August 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Jay Haynes has always been interested in tech, just like his Dad. In 1979, his Dad bought and brought home an apple II plus. Though he was using it for his business to do spreadsheets, Jay began writing code so he could play video games for free, slinging code in BASIC. It's worth noting that this was back when you had to pay a quarter to play a video game. His Dad was a navy pilot, and a hobbyist sail plane flyer, which Jay flew as well, even up to 30,000 feet in the air! As he says, he got grounded as soon as he got married and had 4 kids. Early in his career, Jay got into finance and quickly became familiar with using debt to get equity returns. However, he was always interested in the core innovation problem - of why customers buy new products, and why they switch. Throughout his career, time at Microsoft, schooling, startup life, etc. - he found out that no one really had a secret sauce to innovation. He started evaluating new ways to do it, and came across the Jobs to Be Done theory, which became the foundation to what he has built today. This is the creation story of THRV. Our Sponsors: * Check out Kinsta: https://kinsta.com * Check out Red Hat: https://www.redhat.com * Check out Vanta: https://vanta.com/CODESTORY Support this podcast at — https://redcircle.com/code-story/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

In traditional kind of startup land, MVP is the minimum viable product.

0:06.3

And actually, in our view, viable is the wrong word exactly because of the question you just asked, which is, what are you going to build that people are going to pay for?

0:16.6

That is the fundamental business question.

0:20.4

And so the way that we think about it is the minimum valuable product.

0:25.2

You want to make sure you're creating enough customer value.

0:29.2

It doesn't matter that your product is viable, but is it valuable?

0:33.8

Is anybody going to value it in the market?

0:37.1

I'm Jay Haynes, the founder and CEO of Thrive,

0:40.8

THRV.com.

0:47.6

This is Code Story, the podcast bringing you interviews with tech visionaries,

0:53.6

who share in the critical moments of what it takes to change in industry

0:57.3

and build and lead a team that has your back.

1:02.3

I'm your host, Noel Lapphart, and today how Jay Haynes created the product management tool

1:08.2

so you can build products your customers love.

1:13.7

All this and more on Code Story.

1:20.8

Jay Haynes has always been interested in tech, just like his dad.

1:24.8

In 1979, his dad bought and brought home an Apple 2 plus. Though he was using it

1:29.9

for his business to do spreadsheets, Jay began writing code so he could play video games for free,

1:35.5

writing his games and basic. It's worth noting that this was back when you had to pay a quarter to play a

1:40.6

video game. His dad was a Navy pilot and a hobbyist's sailplane flyer,

1:45.8

which Jay flew as well, even up to 30,000 feet in the air. As he says, he got grounded as soon

1:52.0

as he got married and had four kids. Early in his career, Jay got into finance and quickly

...

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