Simply stated: Too many product leaders attempt to develop enterprise software using a consumer app playbook. Ogi Kavazovic, CMO and SVP Product Strategy at Flatiron Health has seen it time and again. The trouble is, customer expectations and development cycles rarely line up, and agile development methodology doesn’t take that into account. To resolve this, key is to take a two-pronged approach: 1) articulate a long-term product vision, but 2) establish a culture of flexibility when it comes to the details. As an enterprise product manager, you should create two deliverables to make this hybrid approach possible: “One is a high-level roadmap — a healthy timeline is between 18 to 24 months,” says Kavazovic. “Called the ‘vision roadmap,’ it should include big, directional boulders.” For day-to-day execution, you’ll also need a shorter-term, development roadmap. “This one is the real brass tacks. It’s your next one to three months, broken down by feature, and spelling out the committed, ‘shovel ready’ plan that the engineers will execute on.”
To achieve your goal, you have to make a mental commitment that will be completely devoted to your business. In fact, you should ask yourself that how big of a business you are planning to have. The bigger the business, the more years you’ll need to track onto year one. One of the best pieces of advice that you can ever get in the whole process of building a business is related to the word bond. With this, it means that if you are making any commitment then no matter what happens you have to deliver the same on time. Poor decisions related to business can put your status as an entrepreneur at risk. More information can be read at Entrepreneur research.
Don’t forget you’re the leader! So behave as such. Remember all the things that did not suit the boss from the previous job and do not do it! Be an example, a role model for others and make yourself enjoyable. Although sometimes you will have to make decisions that will not please everyone or maybe even employees will disappoint you, opt for a professional attitude and not a severe one. Talk to them calmly and patiently and explain to them what the problems are and what solutions you have. It builds, therefore, a very good relationship with all the staff, to be appreciated and rewarded as such, on a personal level. Once you make the decision to open your own business you will need to invest a great deal of time and energy in its development, so it is very important that you enjoy what you do and find satisfaction in the activity you carry out.
Starting a business is exponentially harder than another other job. Successful entrepreneurs need to operate well across a variety of functions: sales, marketing, finance, operations, HR, etc. On top of that, creating an enterprise from scratch requires creativity, persistence and continuous learning. – Justin Kulla, BusinessBlocks Source: https://theentrepreneurresearch.com/.