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Published · transcript-backed

Jeff Weinstein: belief

11 Jul 2024 Lenny's Podcast Building product at Stripe: craft, metrics, and customer obsession | Jeff Weinstein (Product lead)

“I couldn't really draw it up any better, and I think the world is better off with more specialization, and it's a pain in the butt to do these incorporations.”

— Jeff Weinstein

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Everything needed to verify it.

Speaker
Jeff Weinstein
Attribution
Verified speaker
Claim type
belief
Recorded
11 Jul 2024
Publisher
Lenny's Podcast

Transcript context

…Wow, that is an awesome story. I don't know if you've shared that anywhere else. There's so many lessons there that I could spin off on and... Not worrying about competition, staying heads down, just solving customer problems, staying close to your competition, not being afraid to talk to them, sharing advice with each other, just building the best possible product. I don't know, there's a ton there that's super interesting. I couldn't really draw it up any better, and I think the world is better off with more specialization, and it's a pain in the butt to do these incorporations. I think you want more specialization and more partnership, and I think a lot of companies are starting to do that now. Let me go back to the lessons you shared on how to build something new at a big company, then we can wrap up. I took a bunch of notes here, and these are awesome and they actually resonate a lot with Mihika, who came on the podcast, who's at Figma, been the person building a lot of zero-to-one stuff. So it's nice that there's these trends that are coming up again and again. One tip is storyboard the ideal. With a Sharpie, draw out, "Here's this exciting vision of what this could be if we were to pull it off without constraints." Unconstrained, powerful vision. Two is solve a burning use case. Make it clear this is a huge problem for a lot of people. There's probably stories you share there. Show tangible forward progress like, "Look at this, we made this progress, we made this progress. Sent ourselves a piece of blank paper. Look at this, it's a huge milestone." And have momentum, and Mihika talked about this. Keep the fire alive. Keep the fire alive, show momentum. We're making progress. This metrics moving up into the right. Then there's a milestone... Felt like you had an early milestone of like, "Look, we made progress," and then also, have the business case, basically. "Look how much we could make and look what this could be if we were to succeed." Anything you'd add there? Anything you'd correct?…

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