If the boss gives feedback on the deliverable during a meeting when your screen is shared, and you do the edits live (instead of taking feedback notes) and you are done by the end of the meeting = ⭐️ ⭐️ ⭐️ I have saved myself a few hours of pain.
Felt the need to rant about apartment renovations today. The most immediate calendar meeting is the boss 1:1. So here we are talking about exactly that on a Friday afternoon.
At Facebook, I coined a term called Filipino Product Market-Fit:
Every year a product manager would observe their new product getting intense adoption in the Phillipines and proclaim their idea was working. Directors would quickly staff the team and alert their VPs of the newfound discovery—only to find out that the pattern was not reproducible in other countries.
The Philipines has one of the highest time-spent online in the world and they will try literally anything for a few days.
A hilarious reality: Rich spouses bankroll their partner’s pet project which loses money every month
We’re mainly talking clothing, kids, and pet-related boutiques in expensive retail areas with high median income
You walk in, quickly walk out, and ask “how do they stay in business?”
ANSWER: They *aren’t making money. Someone cash flows the losses.
If the check clears, landlords (typically) don’t mind.
I was visiting a friend in a major city last fall and we walked through an area with multiple stores just like this.
He said “Most of these lose money every month..it’s a hobby or passion project and someone else is paying for it all to let them have something to do.”
A good reminder that not everyone is playing the same game
In related news, my kids clothing store opens next week - each article of clothing has a dad joke I personally came up with