Business
How much harder do I need to try to make this work? Listen as Tom and Yana discuss when it's time to stop trying to make something work and move on to another project. Tom believes that many startups don't take the metrics game seriously enough, and they pay for it in the end, and Yana speaks about the stages that startups go through. Yana says that if something feels right in terms of what you do and the results it brings, it might be an indication that you might be on the right track. If you enjoy this episode, please share it with friends, leave comments and reviews and help us get our podcast heard. Today's Episode: [00:24] Hello, everybody! [00:53] Tom speaks about getting to where you struggle with further scaling or changing or improving to make the product better. [01:40] Yana says that she relates to what Tom is saying, especially in Fintech. [03:01] Even though customers want something doesn't mean they will pay for the item. [03:42] Tom shares three things that he calls feature highlights. [05:27] Yana speaks about her new favorite book called 'Fix This Next' by Mike Michalowicz. [07:38] Tom believes that a lot of times, the blame game or finger-pointing is a symptom of not digging down into the details. [09:40] Yana shares an analysis she uses with her digital products. [11:14] Tom says that a lot of startups don't take the metrics game seriously enough. [14:00] As long as you need to put food on the table, you don't care about self-fulfilling work. [14:33] Yana says that startups seem to go through stages. [17:06] Tom says that once you get to the level of brand name or legacy, you have success. [18:33] Yana believes that the most exciting period in a startup's life is how you go from one to the other. [20:51] When you have a sense of urgency versus the dream of probability, those are the two elements that keep fighting. [21:27] Yana says that compliance should be managed very similarly to agile tech. [22:06] Yana's last question is, how would you differentiate between judging a product or service on its own merits versus the executive team's execution and performance? [24:15] Tom shares some final thoughts on pivoting or trying harder. [24:57] Yana shares her final thoughts. [25:34] Thank you for listening to the show! Show links: How to get in touch with us, if you’d like to tell your startup story: Yana on Instagram, Tom on LinkedIn