MY UDACITY 21 DAYS CHALLENGE COURSE JOURNEY.

Getting accepted into the Udacity Challenge course, ahead of the Udacity Nanodegree scholarship program in collaboration with Access Bank Plc, was a dream come true.

As someone transitioning fully to Product Management I was excited about this journey and I am still positive and looking forward to being a part of the Nanodegree scholarship fully.

The Challenge course for Product Managers is made up of five lessons and one of the Lessons that really had a huge learning impact on me is the Lesson 3- Problem Identification.

As a product manager, you have to be sure that you are solving the right problem. This is very important because solving a problem the users do not want or do not have a need for can be a total waste of time, and no one wants to waste their time working on products people will never use.

In identifying the problem, you have to ensure that you understand the market, the users, business goals and you are able to identify opportunities.

Understanding the market is very critical in building a product as some markets are better than others. And some products do a better job than other products. You’ll want to make sure that your product satisfies the needs of the market.

Also, identifying and understanding the users is very important, because it makes it very clear for you to know who you are building the product for. Oftentimes, a problem will best be solved in different ways for different types of users. Let us use a car as a typical example. The problem a car is likely to solve for young parents with kids aged 3–5 years is quite different from the problem it will be solving for teenagers or young adult looking for adventurous opportunities.

Identifying a target user creates focus and lets you focus on solving the needs of that specific target user.

You should also be able to understand the business goals which includes understanding and calculating ROIs. In Calculating ROIs, your cost of solving the problem should not be greater than the impact (e.g Revenue) the problem would generate for the Organisation.

At the end of the Lesson 3, I was able to;

📌 Identify problems that are worthwhile to solve

📌Identify Opportunities

📌Understand the market through research
📌 Identify your target Users and build user persona
📌 Calculate the Total Addressable Market (TAM) for a product
📌 Calculate the Return On Investment (ROI)

📌Identify hypothesis about a product that need to be validated
📌 Test those hypothesis by putting them in front of the users.

📌Understand the components required to build a business case.

Udacity Challenge course has really taught me a lot. I hope you were able to learn a thing or two from me sharing my Udacity Learning journey.

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An aspiring Product Manager with a great interest in technology, product and business development. An avid reader and a tech writer.

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Lilian Chiamaka Anyanwu

Lilian Chiamaka Anyanwu

An aspiring Product Manager with a great interest in technology, product and business development. An avid reader and a tech writer.

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