Overview

A finance concept: for every dollar you invest, how much are you getting back? In product, think of the resources you have (time, money, people) as what you’re “investing”, and the return as impact to customers. "The resources available to a product team are time, money, and [the number and skill of] people. When you’re comparing possible projects you could take on, you should always choose the one that maximizes impact to customers for every unit of resources you have.—Brandon Chu

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Product Management Mental Models for Everyone

Mental models are simple expressions of complex processes or relationships. These models are accumulated over time by an individual and used to make faster and better decisions. Here's an example: the Pareto Principle states that roughly 80% of all outputs comes from 20% of the effort.

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