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- Weekly Newsletter - 23rd October 2024
Weekly Newsletter - 23rd October 2024
PLUS: Running Out of Money at 50k MRR Isn’t an Excuse Anymore
Sophie Bruxner-Randall
October 23, 2024
🚀 Exciting News for Product Managers! 🚀 This week, explore growth strategies from Saastr, and team insights from Hackermoon. Plus, catch the latest updates from the SAFe Summit and prepare for TechCrunch Disrupt 2024! 🌟
Editor’s Essentials ✏️
Business Strategy Insights by Saastr
At £50k MRR, running out of money is no longer a valid excuse. Focus on upgrading one key position, engaging with customers, and driving upmarket. Avoid optionality talk and maintain confidence. Achieving product-market fit is crucial, and founders must manage resources wisely without blaming VCs for financial issues.
Business Strategy by Hackermoon
Startup founders must remain vigilant about their team dynamics as they grow. The article highlights the risk of losing touch with operations and personnel, especially during transitions like IPOs. Drawing on historical examples, it stresses the importance of maintaining awareness and control to ensure startup success.
Technology AI By Google
NotebookLM is a powerful tool for enhancing understanding and managing information. It allows users to create notebooks with up to 50 sources, using Gemini 1.5 to connect and analyse data. Steven Johnson offers eight expert tips for maximising its potential, including experimenting with documents and using creative applications.
Industry Insights 🔎
Customer Service By Techtarget
Oracle has introduced autonomous AI agents to its Service platform, aiming for complete AI-managed customer service. These agents perform tasks like summarising calls and routing service requests. The initiative targets younger generations' preferences for automated solutions, reshaping service roles towards workflow optimisation and design.
Technology Innovation News by CIO
Salesforce's Financial Services Cloud aims to automate insurance operations, enhancing productivity by integrating disparate systems. Launching in February 2025, it combines existing products to streamline client management, policy servicing, and commission processing. Modules include Commissions Management and Employee Benefits Servicing, offering real-time data and machine learning for improved decision-making.
Business Frameworks by SAFE Studio
The 2024 SAFe Summit unveiled a new SAFe Big Picture and Enhanced Framework Articles, aimed at simplifying processes and enhancing business value. Key updates include new guidance on portfolio leadership, feedback systems, and product innovation. The inaugural State of SAFe Survey invites global feedback to shape future improvements.