By Marty Cagan · svpg.com · LinkedIn
Marty Cagan argues that great product companies require genuine passion for a long-term vision, not just the pursuit of a quick hit. He observes a renewed 'product frenzy' fueled by mobile, where building an app is mistaken for building a company and the barrier to starting has dropped sharply. He contrasts founders pursuing sweeping visions (such as reinventing media consumption or an entire camera industry) with founders chasing a single app idea who cannot articulate what they want to achieve. Because building great products is a marathon, teams and customers need a dream worth staying excited about for years. The same applies inside large companies, where product leaders must evangelize a compelling long-term vision to stakeholders.
01Key takeaways
- Build toward a multi-year vision; an app should be a step on the path, not the destination.
- Be able to state clearly what you are ultimately trying to achieve before building anything.
- Treat product companies as marathons, which requires a dream you stay excited about over the long haul.
- Choose visions that could redefine an industry rather than ones that only aim for quick, easy revenue.
- In larger companies, communicate a compelling long-term vision to stakeholders and keep teams motivated through evangelism.
02Key sections
- The return of product frenzy
- Cagan notes a surge of product startups, reminiscent of the late 1990s but driven by how cheap mobile apps have become to build. He is cautious about calling it a bubble.
- Vision versus chasing app ideas
- The core distinction is between founders using an app as one step toward a larger vision and founders who treat each app idea as the goal in itself.
- Three contrasting examples
- Read It Later, Flipboard, and Lytro illustrate founders whose apps or products serve a much bigger ambition that spans years of work.
- The industry may become a blockbuster model
- Cagan warns that the app market could resemble the film industry, with many attempts and few hits, unless companies build larger ecosystems.
- Passion as a leadership responsibility
- Long-term vision and passion matter inside large companies too, and product leaders must evangelize them to keep teams and executives engaged.
03From the post
“A partnership dedicated to teaching best practices to product teams and product leaders”
04Frameworks mentioned
Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.