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Prioritizing, Defining, and Executing Product Development by Phil Libin


Posted by Amity Sims on Oct 12, 2012

Inside FI gives you exclusive access inside the training sessions of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

In this talk from mentor Phil Libin, Libin outlines how to efficiently and successfully develop a product, guiding founders through a process of prioritization and scheduling. He explains how producing an inexpensive, fast, and well-polished product is a near impossible feat and that trade-offs throughout the process are inevitable.  

Phil Libin is the CEO of Evernote, a service used to help millions of people stay organized in their daily lives. He is also serving as a mentor for the upcoming Paris Founder Institute, which is currently accepting applications until Sunday, October 14th. If you would like to hear more from Phil, then click here to apply today

Based on his experience at Evernote, Phil reminds founders that they will be continuously evolving and redefining their goals for future development, and advises them to strategize and plan from day one. He also cautions founders on ‘cleverness and heroism’, impressing upon them that the end goal should be the primary focus and when acting as CEO, it’s imperative to keep your development team on track and on time. 

He concludes his talk by saying “There is an infinite number of things you can be working on. Choose wisely”. Choose wisely indeed, and keep your eye on the prize. Founders are faced with endless distractions - staying focused is imperative. 

If you like the video below be sure to follow Phil on Twitter @plibin

 


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