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When founders are facing challenges in their startup, it's crucial to evaluate their level of conviction in the problem and solution they are building. Founders with increased conviction despite setbacks are often encouraged to persevere, as they are likely experiencing the messy middle that is common in entrepreneurship. However, if founders find that their conviction has waned and they no longer believe in their solution, it may be time for them to consider pivoting or exploring new opportunities.
The messy middle of building a startup is characterized by volatility, uncertainty, and constant lows. It is essential for founders and teams to focus on making progress, even if they are in challenging periods. By setting and celebrating micro milestones, teams can maintain motivation and persevere through the difficulties. Merchandising progress to the team and creating a narrative around it helps everyone stay motivated and endure the ups and downs of the messy middle.
When considering investments, Scott Belsky looks for founders who are passionate about the mission of their startup rather than solely driven by financial gain. He values founders who listen, learn, and are not afraid to shake things up. Honest and pragmatic founders who acknowledge the challenges and obstacles they face are more likely to find solutions and engage with their teams and investors effectively. On the product side, Belsky looks for a clear object model, a coherent and scalable framework that guides users through the product experience. Lastly, he emphasizes the importance of believing in the problem being solved by the startup.
In this podcast episode, the speaker discusses the potential impact of AI in the future. They believe that AI will enable humans to reach their full creative potential by eliminating mundane tasks and reducing workflow friction. The speaker also emphasizes the importance of exploring possibilities and expanding the surface area of creativity. They share examples of how generative AI can augment the work of designers, allowing them to explore more options and make leaps in the creative process. Overall, the speaker is optimistic about the future and sees AI as a tool that will empower individuals and lead to more personalized and innovative experiences.
Another key point discussed in this podcast episode is the value of resourcefulness and ingenuity in product development. The speaker suggests that in a resource-constrained environment, companies should focus on being resourceful and finding innovative solutions rather than relying solely on additional resources. They highlight the opportunity for teams to build resilience and develop problem-solving skills by embracing constraints. Additionally, the speaker emphasizes the need for exceptional ideas and the willingness to challenge traditional norms to achieve extraordinary results. They encourage listeners to capitalize on crises and view them as opportunities for growth.
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Scott Belsky is an entrepreneur, author, investor, and currently Adobe’s Chief Strategy Officer and EVP of Design and Emerging Products. He founded Behance, an online platform for creative professionals to showcase and discover work, and served as CEO until its acquisition by Adobe. Scott is an early advisor and investor in several businesses at the intersection of technology and design, including Pinterest, Uber, Warby Parker, Airtable, and Flexport. He is also the author of two nationally bestselling books and founded 99U, a publication and conference focused on productivity in the creative world. In today’s episode, we discuss:
* How to strengthen your product sense
* Why you should only do half the things you want
* What it takes to build a successful consumer product
* Why you are probably underinvesting in onboarding
* The future of AI and how to prepare for it
* Advice for founders and PMs who are feeling stuck
* Why resourcefulness will take you further than resources
* Adobe’s current priorities and their exciting path ahead
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Find the full transcript at: https://www.lennysnewsletter.com/p/lessons-on-building-product-sense
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Where to find Scott Belsky:
• Twitter: https://twitter.com/scottbelsky
• LinkedIn: https://www.linkedin.com/in/scottbelsky/
• Blog: https://www.implications.com/
• Website: www.scottbelsky.com/
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Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• Twitter: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
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In this episode, we cover:
(00:00) Scott’s background
(04:50) Why Scott shifted roles at Adobe
(08:29) Advice for PMs looking to build product sense
(10:43) The first mile
(13:18) How to develop more empathy
(16:33) How to build consumer products that work
(20:42) Scott’s philosophy that you should “only do half the things you want to do”
(26:15) Scott’s optimism about how the world will look in five years with AI
(29:44) How AI will impact product teams
(32:55) How the PM role will change as a result of AI
(35:09) How Adobe is leveraging AI tools
(36:59) What the term “golden gut” means
(38:15) Advice for PMs to stay ahead of the new AI trends
(41:02) How to start writing more
(41:49) The messy middle
(47:03) What Scott looks for as an angel investor
(50:16) Why resourcefulness will take you further than resources
(52:41) Adobe’s current priorities and the path ahead
(54:58) Lightning round
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Referenced:
• Adobe: https://www.adobe.com/
• Behance: https://www.behance.net/
• Casey Winters on Lenny’s Podcast: https://www.lennyspodcast.com/thinking-beyond-frameworks-casey-winters-pinterest-eventbrite-airbnb-tinder-canva-reddit-grubhub/
• Crafting The First Mile Of Product: https://medium.com/positiveslope/crafting-the-first-mile-of-product-7ed25e8f1027
• Shishir Mehrotra on Lenny’s Podcast: https://www.lennyspodcast.com/the-rituals-of-great-teams-shishir-mehrotra-coda-youtube-microsoft/
• Scott’s tweet on only doing half the things you want to do: https://twitter.com/scottbelsky/status/1441469886975279109?s=20
• Matt Mochary on Lenny’s Podcast: https://www.lennyspodcast.com/how-to-fire-people-with-grace-work-through-fear-and-nurture-innovation-matt-mochary-ceo-coach/
• Adobe Firefly: https://www.adobe.com/sensei/generative-ai/firefly
• Howie Liu (CEO at Airtable): https://www.linkedin.com/in/howieliu/
• ChatGPT: https://openai.com/blog/chatgpt
• The Messy Middle: Finding Your Way Through the Hardest and Most Crucial Part of Any Bold Venture by Scott Belsky: https://www.amazon.com/Messy-Middle-Finding-Through-Hardest/dp/0735218072
• Adobe Express: https://www.adobe.com/express
• Build: An Unorthodox Guide to Making Things Worth Making by Tony Fadell: https://www.amazon.com/Build-Unorthodox-Guide-Making-Things/dp/0063046067
• Cosmos: A Spacetime Odyssey on Netflix: https://dvd.netflix.com/Movie/Cosmos-A-Spacetime-Odyssey/80004448
• Vinod Khosla’s prediction: https://futurism.com/80-of-it-jobs-can-be-replaced-by-automation-and-its-exciting
• Queue: https://www.queue.co/
• Tome: https://tome.app/
• Kevin Kelly on The Tim Ferriss Show: https://tim.blog/2014/08/29/kevin-kelly/
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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
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Lenny may be an investor in the companies discussed.
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