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How to choose your next
product development job.




      Are we very brave?
          28 Sept 12
The job risk scale


Obligations                           Risk




Marriage and children are valuable. They both
require a different approach than if you don’t
have them. What is your appetite for risk?
risk
              Jobby-jobs.




                                                  comp
A regular job with a company. You work here
for a salary and potentially a bonus. Equity is
a small consideration. This is usually safe.
risk
     Public and growing
              Salary, bonus
              and stock should




                                   comp
              be weighted
              equally. The
              company is still
              growing, but it is
              large. The equity
              has unrealized
              upside.

examples
Outcomes for non-jobby jobs
           Go public                   Get acquired                      Fail

Most
                                        1% 8%
startups
fail.
Unhappy
face.



                                91%


              Source: “How Exits Have Changed in 2012” by Basil Peters
risk
   Not public and growing
               You work here
               for equity first,




                                   comp
               and trade salary
               for equity if you
               can. The equity
               has much
               greater upside
               than a public
               company.

examples
risk
    Startup with funding

               Higher risk, but




                                  comp
               greater upside.
               Fewer exits, to
               be clear.
               Compensation
               is salary and
               equity, don’t
               expect a bonus.

examples
risk
  Starting your own company




                              comp
Danger, man.
The highest risk,
and we don’t
mean
underwear. Very
few exits. Dream
big.
Align yourself with current
      growth sectors
   Don’t be this dude/woman

                                           . ..
                                    w as
                             n ed
                      p pe
               d ha
        t ha
  Wha
Web 1.0 | The Link Economy




Websites linking to other websites, and
search of these relationships.

winners
Web 2.0 | Social web




You and your relationships. One to many. I
bore myself with this slide. (Look closely, tho’.)

winners
Web 2.5 | The Interest Web




You and your interests. This is fertile and fairly
unexplored, as Pinterest is the furthest out.

winners
Web 3.0 | The Semantic Web




Not Skynet, but it is machines talking to
machines. Specifically, APIs talking to APIs.

winners
Orthogonal vectors to consider
                   Mobile

               Commerce

                 Gaming

               Real-world

                    Local

               Advertising
Author’s lack of experience with B2B and enterprise means that they aren’t included.
How to land the job
Do your research      1. What does the
                         company do?
   Pick a sector
                      2. Who uses the
                         product?
   Pick a vector
                      3. Who backs the
                         company?
Find connections
                      4. Founder track
Pursue relentlessly      record?
Align with current trends




                      {
                          1. Social
Do your research             web
                          2. Interest
   Pick a sector             web
                          3. Semantic
   Pick a vector             web
                          4. Others
Find connections             that I left
                             out
Pursue relentlessly
What type of company




                      {
Do your research          1. Public
                             and
                             growing
   Pick a sector
                          2. Private
   Pick a vector             and
                             growing
Find connections          3. Startup
                          4. Start your
Pursue relentlessly          own thing
Leverage your network
Do your research      1. Use your
                         network*
   Pick a sector      2. 3d tier
                         connections don’t
   Pick a vector         work
                      3. Don’t use
Find connections         LinkedIn intros,
                         use this instead.
Pursue relentlessly   *If you don’t have one, build one
Don’t let ‘no’ stop you.
Do your research       You

   Pick a sector

   Pick a vector

Find connections          Interview

Pursue relentlessly
The moral of the story
1. All of this presumes that
   you are good at what
   you do (use GitHub.)
2. If you aren’t, get a
   mentor, or a career.
3. Leverage in all things is
   important, except with
   friends and family.
4. Leverage your future.
                               20
Taking on a job
with greater risk
but higher upside
is the best way to
 bet on yourself.
Thank you. I am here all week. Tell your friends. @tyahma

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How to choose your next product development job

  • 1. How to choose your next product development job. Are we very brave? 28 Sept 12
  • 2. The job risk scale Obligations Risk Marriage and children are valuable. They both require a different approach than if you don’t have them. What is your appetite for risk?
  • 3. risk Jobby-jobs. comp A regular job with a company. You work here for a salary and potentially a bonus. Equity is a small consideration. This is usually safe.
  • 4. risk Public and growing Salary, bonus and stock should comp be weighted equally. The company is still growing, but it is large. The equity has unrealized upside. examples
  • 5. Outcomes for non-jobby jobs Go public Get acquired Fail Most 1% 8% startups fail. Unhappy face. 91% Source: “How Exits Have Changed in 2012” by Basil Peters
  • 6. risk Not public and growing You work here for equity first, comp and trade salary for equity if you can. The equity has much greater upside than a public company. examples
  • 7. risk Startup with funding Higher risk, but comp greater upside. Fewer exits, to be clear. Compensation is salary and equity, don’t expect a bonus. examples
  • 8. risk Starting your own company comp Danger, man. The highest risk, and we don’t mean underwear. Very few exits. Dream big.
  • 9. Align yourself with current growth sectors Don’t be this dude/woman . .. w as n ed p pe d ha t ha Wha
  • 10. Web 1.0 | The Link Economy Websites linking to other websites, and search of these relationships. winners
  • 11. Web 2.0 | Social web You and your relationships. One to many. I bore myself with this slide. (Look closely, tho’.) winners
  • 12. Web 2.5 | The Interest Web You and your interests. This is fertile and fairly unexplored, as Pinterest is the furthest out. winners
  • 13. Web 3.0 | The Semantic Web Not Skynet, but it is machines talking to machines. Specifically, APIs talking to APIs. winners
  • 14. Orthogonal vectors to consider Mobile Commerce Gaming Real-world Local Advertising Author’s lack of experience with B2B and enterprise means that they aren’t included.
  • 15. How to land the job Do your research 1. What does the company do? Pick a sector 2. Who uses the product? Pick a vector 3. Who backs the company? Find connections 4. Founder track Pursue relentlessly record?
  • 16. Align with current trends { 1. Social Do your research web 2. Interest Pick a sector web 3. Semantic Pick a vector web 4. Others Find connections that I left out Pursue relentlessly
  • 17. What type of company { Do your research 1. Public and growing Pick a sector 2. Private Pick a vector and growing Find connections 3. Startup 4. Start your Pursue relentlessly own thing
  • 18. Leverage your network Do your research 1. Use your network* Pick a sector 2. 3d tier connections don’t Pick a vector work 3. Don’t use Find connections LinkedIn intros, use this instead. Pursue relentlessly *If you don’t have one, build one
  • 19. Don’t let ‘no’ stop you. Do your research You Pick a sector Pick a vector Find connections Interview Pursue relentlessly
  • 20. The moral of the story 1. All of this presumes that you are good at what you do (use GitHub.) 2. If you aren’t, get a mentor, or a career. 3. Leverage in all things is important, except with friends and family. 4. Leverage your future. 20
  • 21. Taking on a job with greater risk but higher upside is the best way to bet on yourself. Thank you. I am here all week. Tell your friends. @tyahma