EP 344 - Peridot Financing CPO on Building B2B Products
Nov 15, 2023
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Guest Gary Hall, former mechanical engineer turned product leader, discusses the importance of listening to others, embracing humility, and hiring smart people when building B2B products. He also touches on surprising technologies like GPT-3 and what makes for truly exceptional products that solve user problems in innovative and valuable ways.
Listening to others, embracing humility, and hiring smart people are crucial when building B2B products.
The emergence of chat GPT-3 has revolutionized the way we interact with AI and has the potential to enhance products across industries.
Deep dives
Legos: A Product that Solves Problems in a Simple and Elegant Way
Legos are a prime example of a great product that solves problems in a simple and elegant way. Despite being made of plastic, Legos deliver an incredible user experience. Each piece is carefully designed and the instructions are clear, making the building process enjoyable. The end result is a product that endures and provides endless hours of fun and creativity for users, exceeding their expectations. Legos' value-based pricing is a testament to the quality and value they provide.
The Power of Chat GPT: A Game Changer in AI
The emergence of chat GPT is a real game changer that has surprised many. This AI-powered language model has proven to be incredibly powerful in solving various tasks. Its ability to generate human-like responses and provide accurate information has revolutionized the way we interact with AI. From generating job descriptions to delivering exceptional performance in standardized tests, chat GPT has showcased its potential to significantly enhance products and services across various industries.
Diplomacy and Collaboration as Key Traits for Product Managers
A key attribute of a great product manager is the ability to be a skilled diplomat. Successful product managers are excellent communicators, adept at collaborating with diverse stakeholders and managing differing opinions. They know how to balance and navigate the strong opinions from various roles within the team, such as engineers and business stakeholders. By fostering collaboration and maintaining clear lines of responsibility, product managers can guide their teams towards creating innovative and effective solutions.
Delivering a Flawless User Experience: Simple, Elegant, and Solution-Driven
The hallmark of a great product is delivering a flawless user experience that exceeds expectations. A product that is simple, elegant, and effortlessly solves a problem can truly stand out. One example of this is seen in Lego kits, where each piece is meticulously designed with clear instructions that invite collaboration and creativity. The emphasis on quality and execution sets Lego apart, ensuring hours of enjoyment while also instilling a sense of accomplishment in users.
What do PMs need to consider when building B2B products? In this episode of the Product Divergence series with Nacho Andrade, Peridot Financing CPO Gary Hall speaks about his background transitioning from mechanical engineering to product leadership roles. Gary discusses the importance of listening to others, embracing humility, and hiring smart people. Examples of Gary's past experiences and current work at Peridot provide insights into building effective B2B products. The conversation also touches on surprising technologies like GPT-3 and what makes for truly exceptional products that solve user problems in innovative and valuable ways.
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