Syed Balkhi

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April 22, 2016

3 Lessons I Learned from Doing 3 Successful Product Launches in 1 Week

Hustle
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Last week was an incredible experience for myself and our entire team. We successfully executed 3 major product launches in one week. I learnt a lot, and we definitely pushed the limits, but I’m proud of the results.

Few of you who were following the launches asked me to write about the experience and lessons learned, so here it is.

What did we launch?

We acquired Google Analytics by Yoast plugin and relaunched it under a new brand, MonsterInsights. This plugin has nearly 11 million downloads and over 1 million active installs.

We launched OptinMonster 3.0 which was HUGE. It now has real-time behavior detection that allows you to do onsite follow up campaigns, onsite retargeting, and so much more.

We revamped the entire Envira Gallery workflow. This was a major rewrite of our admin area that will help us grow Envira Gallery further.

Now that you’re up to date, you can probably imagine how stressful this must have been. But I had a lot of fun because it was challenging and we learnt a lot.

If you ask my wife, she’ll tell you the most important lesson that I should’ve learnt is to never do it again. LOL.

While she’s right, I think there are 3 other things that are important for all launches.

1. Have Processes and Checklists

Whether you’re executing on one launch or three launches, the best way to reduce last-minute scrambles is to document everything into processes and checklists.

We use Dropbox Notes to drop in all the ideas and then organized them into checklists on Basecamp.

Basecamp Checklist

You would then assign each item to a team member which streamlines the entire process.

2. Things go wrong – How you react to it is what’s important.

Having done my fair share of launches, there’s one thing for sure. Things will always go wrong, no matter how hard you prepare.

The most important part is owning up to your mistakes and fixing the issues as fast as possible.

Listen to user feedback and respond to everyone courteously.

Lastly, always have a plan of action for what to do if things go wrong.

For example when moving to OptinMonster 3.0, we had a beta setup where we did all the testing. We also created a backup site for v2 that users and our team can access if things go wrong. This was helpful because few optins got corrupt during the migration process because some users working on Saturday morning when we pushed the update. We used v2 backup to quickly restore their optins.

3. Have an amazing team and delegate responsibilities

I work with some of the most amazingly talented people in the world. 99% of our success is due to the hard work of our team.

The best thing I have done is getting out of their way and letting them make AWESOMENESS. Instead of micro-managing, we assign tasks and responsibilities to each person in the team.

I trust them to make the right decision, and it’s pretty easy to do so because everyone is a lot smarter than me in their specialty.

Bonus Advice

Don’t do 3 launches in 1 week unless you absolutely have to, and you have dedicated teams for each project.

I’ll be sharing another post highlighting MonsterInsights and giving you some detailed behind the scenes information. But I wanted to do a quick write up on the blog because I want to always remember last week (it was one of the most fun I have ever had).

If you haven’t checked out the updates that we did last week, then I highly recommend you to check it out. I’m super excited about the direction we’re heading and can’t wait to show you what’s coming next.

Also, I want to thank everyone who supported us through out this process as well as everyone who hated on us through out the process. Both fuels me to work harder.

Stay Humble, Hustle Hard!

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Category:Business

Syed Balkhi

Syed Balkhi

I am an entrepreneur turned investor. My portfolio of software companies are used by over 25 million websites serving billions of impressions every month. I'm usually right 6 out of 10 times and that has worked out well so far.
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Reader Interactions

Comments

  1. AvatarRob

    April 24, 2016

    Hey Syed, how is coming along that ebook you mentioned in your goals for 2016? Also, have you already started building new content sites? It’d be awesome to read a post on your strategy for those new businesses.

    Reply
    • Syed BalkhiSyed Balkhi

      April 25, 2016

      Neither of those two have been started yet 🙁

      Reply
  2. AvatarTroy Dean

    April 25, 2016

    Three good lessons learned Syed.

    Love the new OptinMonster and congrats on acquiring the GA plugin from Yoast.

    Keep on punching 🙂

    Reply
    • Syed BalkhiSyed Balkhi

      April 25, 2016

      Thanks Troy

      Reply
  3. AvatarAhmed

    April 26, 2016

    Hi

    I am your new reader, I am reading your article fro last 3 weeks and I sent you an email 3 weeks ago, still waiting for your reply.
    I created a twitter account just for your reply and tweet you but still no reply.
    So I am asking you some questions here I hope you don’t mind it

    When you are writing, what are the key factors/checklists you keep in your mind?
    How to construct engaging articles? so your reader loves it
    What are the five rules you will recommend for young entrepreneurs?

    I am your big fan and I love your style of writing.
    Please do reply to this comment or my email.

    Reply
    • Syed BalkhiSyed Balkhi

      April 28, 2016

      Hey Ahmed,

      – When writing, I usually answer my reader’s questions or write about a journey / experience from my life.

      – Make sure that whatever the goal of your article is, it accomplishes that. Be as clear and thorough as you can.

      – Entrepreneurship has no rules. You gotta adapt, learn, and move fast.

      Reply
  4. AvatarAngelina Grey

    April 27, 2016

    Hi Syed, I didnt understood the first line itself..!! I know this may be silly but …

    “Acquired” Google analytics by Yoast..? What does it really means…??? Using Analytics data with the power of yoast or what??

    Thanks in advance..!!

    Reply
    • Syed BalkhiSyed Balkhi

      April 28, 2016

      Yoast created a plugin that helps connect Google Analytics to WordPress. I bought it.

      Reply
  5. AvatarAnkit

    August 23, 2019

    Hey just read your blog and came to know about your entrepreneurship journey. It is great to launch so many awesome products.

    I just want to know how you hire for your company and manage them. Do you hire a different team for different website? or same team for all.

    Please make a blog post on how to create and manage multiple companies at the same time. Also, how you do time management?

    Reply
    • Syed BalkhiSyed Balkhi

      January 7, 2020

      Hey Ankit,

      We have separate teams for each business unit at AM 🙂

      For time blocking, I use ideal weekly calendar and time blocks. Check out Michael Hyatt’s Free to Focus course / Full Focus planner.

      Reply

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