Skip to content
Fishburners Logo
  • Memberships & Support
    • Fishburners Co Working Space Sydney CBD
    • Online Founders Hub
    • Fishburners Services Hub
    • Memberships & Pricing
    • Our Perks & Discounts
  • Opportunities
    • Partner with Fishburners
    • Promote Your Service
    • Our Perks & Discounts
    • Free Founders Bootcamp
    • What We Offer
  • Venue + Boardroom Hire
  • Subscribe to the Burner
  • What’s On
  • News & Updates
  • About Us
  • Contact Us
  • Support

    Supporting you
    through every stage

    Support

    • What We Offer
    • Online Founders Hub
    • Fishburners Co Working Space Sydney CBD
    • Memberships & Pricing
    • Fishburners Services Hub
    • What We Offer
    • Online Founders Hub
    • Fishburners Co Working Space Sydney CBD
    • Memberships & Pricing
    • Fishburners Services Hub

    Resources

    • Startup Fast Pass
    • The Ascent Project Empowering – Women Founders
    • Free Founders Bootcamp
    • Events What’s On
    • Our Perks & Discounts
    • Fishburners Success Stories
    • Startup Fast Pass
    • The Ascent Project Empowering – Women Founders
    • Free Founders Bootcamp
    • Events What’s On
    • Our Perks & Discounts
    • Fishburners Success Stories
  • Events

    Get Connected

    • Subscribe to the Burner
    • Latest Events
    • News & Updates
    • Subscribe to the Burner
    • Latest Events
    • News & Updates

    Host Your Next Event

    • Corporate Venue Hire
    • The Board Rooms
    • The Workshop Space
    • The Large Event Space
    • Corporate Venue Hire
    • The Board Rooms
    • The Workshop Space
    • The Large Event Space

    What's Happening in Fishburners

  • Opportunities

    Opportunities to grow with Fishburners

    Get Involved

    • Partner with Fishburners
    • Promote Your Service
    • Apply to Pitch
    • Contact Us
    • Partner with Fishburners
    • Promote Your Service
    • Apply to Pitch
    • Contact Us

    Programs

    • Startup Fast Pass
    • The Ascent Project Empowering – Women Founders
    • Free Founders Bootcamp
    • Events What’s On
    • Our Perks & Discounts
    • Fishburners Success Stories
    • Startup Fast Pass
    • The Ascent Project Empowering – Women Founders
    • Free Founders Bootcamp
    • Events What’s On
    • Our Perks & Discounts
    • Fishburners Success Stories
  • About Us
  • Login

Meet the Service: Bridging Product Strategy and Execution for Growing Startups

  • November 20, 2024
  • Dosh Domanic
Membership Promo Facebook Instagram Ads

Welcome to Meet the Service, a newsletter by Fishburners, where we meet the expert operators and strategists who are scaling their impact across the ecosystem. In this series, we’ll be diving into their world as the experts of their chosen domains, hearing all about their experiences, valuable lessons and practical advice on the art of building, growing and operating startups.

 

Meet Product Rocket: Accelerating Product Success with Expert Management & Design Services

Welcome to another edition of our Meet the Service! This month, we are thrilled to introduce you to Mandar Karlekar, the Founder and CEO of Product Rocket. With over a decade of experience in product management and design, Mandar has been pivotal in elevating product maturity for more than 50 clients across various domains in Australia, including industry leaders like Qantas and Buildbee.

In our conversation, Mandar shares his journey from his early days at Amadeus and SiteMinder to founding Product Rocket—a consultancy dedicated to helping businesses navigate product challenges and achieve market success. He delves into the unique services Product Rocket offers, such as transforming product problems into customer-validated solutions within four weeks and providing execution support to build MVPs for market launch. Additionally, Mandar provides valuable insights into the evolving landscape of product management and design, offering advice for startups aiming to scale their product capabilities effectively.

Join us as we explore the strategies, experiences, and wisdom that Mandar brings to the table, helping businesses unlock their full product potential.

Mandar is currently advising a startup in AI, bringing his expertise to help them navigate the exciting opportunities that new technology and AI present. He is thrilled by what the company has ahead in this transformative era.

You can connect with Product Rocket and a suite of other experienced Startup Service Providers, 100% free via the Fishburners Service Hub. Get started now →

Product Rockeyt

Hello Mandar, it’s great to have you with us today. To kick things off, I’d love to know a little bit about you and can you tell us the story about the journey that led you to start Product Rocket?

After working extensively in the startup ecosystem and leading product teams at various high-growth companies, I realised there was a gap in the market: something between the typical contractor, who is focused on day-to-day execution, and the management consultant, who is more about high-level strategy and chasing big-dollar projects. My experience with startups showed me the need for someone who could bring both the versatility and speed required in early-stage environments along with the strategic insight to guide teams through complexity.

What businesses really needed was someone who could combine the versatility and speed of a contractor with the expertise and thought leadership of a management consultant. Many founders struggle with issues like misaligned teams, difficulties in scaling processes, and the constant pressure to deliver results without losing sight of the strategic vision. They needed someone who could provide the theory, onboard quickly, uplift team maturity, and still execute effectively—bridging the gap between strategy and hands-on implementation. Delivering tangible results was about solving these pain points, ensuring teams were not just working hard, but working on the right things in the right way.

That’s what led me to create Product Rocket. We saw an opportunity to fill this gap in product management and UX design. A model that brings the best of both worlds to the table. Our team steps in as practitioners, providing both strategic guidance and hands-on execution, ensuring teams don’t just learn the theory but also experience its impact in practice.

Product is a relatively new industry and often one that is unfamiliar to first-time tech founders and teams. Can you walk us through what a Product Manager does and how this role can greatly contribute to the success of a tech startup?

A Product Manager acts as the bridge between a product’s vision and its execution, ensuring the team builds the right product for the right users. For tech startups, this role is crucial because it involves understanding customer needs, defining a clear value proposition, and iterating quickly based on user feedback. A good Product Manager helps founders translate their vision into actionable plans, aligning the team around core priorities and ensuring that resources are invested in features and experiences that truly drive value.

For instance, a common challenge for early stage founders is managing the influx of feature requests from early users, which can quickly lead to scope creep and misallocated resources. Here, a skilled Product Manager brings critical expertise—conducting user research, analysing data, and implementing prioritisation frameworks to focus on features that drive the most value. By setting clear KPIs and aligning the team around a strategic roadmap, they ensure development efforts remain on course, enabling the founder to concentrate on broader business growth, operational scaling, and stakeholder alignment. With this level of support, product development not only stays user-centred but directly supports the company’s long-term objectives.

Connect with reputable startup service providers on the Fishburners Service Hub

 

100% free for startups, forever. Start Now➡️ 🚀

6
5
4 1

Your background has some really interesting products behind it, including the recently exited startup, Siteminder. What was that experience like, and how has that informed your work at Product Rocket?

Working with companies like Siteminder was a transformative experience. It taught me the importance of balancing speed with strategic focus in a high-growth environment. Those early days of scaling products helped me understand the challenges founders face. Whether it’s navigating market dynamics, building the right team, or refining a product strategy. At Product Rocket, I’ve taken those lessons to heart, creating an approach that focuses on embedding quickly into our clients’ teams, bringing clarity to complex challenges, and ensuring that we stay focused on creating value whilst staying versatile and flexible to the business and its needs.

Product Rocket specialises in guiding teams from identifying a product problem to developing a customer-validated solution within four weeks. For founders looking to streamline this process, what are the key steps they should focus on to ensure successful validation?

The key steps include problem identification, rapid prototyping, user testing, and iterative refinement.

Start by clearly defining the problem you’re solving, ensuring it’s a genuine pain point for your target users. Consider questions like: Who does this impact? How big is the problem space? Who would pay to resolve this issue? What are the current workarounds or frustrations? By answering these questions, you can develop a robust understanding of the problem space.

Next, develop a prototype or minimum viable product (MVP) that you can quickly put in front of users to gather feedback. This could be a clickable mockup, a landing page, or a basic version of the product with core functionalities. The goal is to create something tangible that allows users to interact and provide feedback on the core idea.

User testing is crucial at this stage. Engage potential customers and observe how they interact with the prototype. Ask open-ended questions to understand their experience: What did they like? What confused them? Would they use this product to solve their problem? The feedback gathered here should be used to determine if the solution resonates with the target audience or if changes are needed.

Iterative refinement involves analysing the feedback and making necessary adjustments to the prototype. This is a cycle of learning and adapting. Each iteration should bring the product closer to solving the identified problem in a way that resonates with users. At Product Rocket, we emphasise validating assumptions early to avoid costly missteps, helping teams pivot when necessary and focus on building solutions that truly resonate with their audience.

As a mentor and trainer with experiences at Blackbird and Thiga Academy, how have these roles influenced your approach to coaching founders and their teams in product management and design? What key lessons do you impart to those you mentor?

My mentorship experiences have reinforced the importance of grounding every decision in user insights and focusing on outcomes over outputs. For example, I worked with a startup struggling to prioritise features. By guiding them through a series of user interviews, we uncovered that the real need was not more features, but an improved onboarding experience. This insight allowed us to shift focus, ultimately increasing user retention by 20%.

I emphasise the power of asking the right questions, embracing a learning mindset, and cultivating a culture of experimentation. In one case, a team was hesitant to experiment with pricing changes. By framing it as a small test with measurable outcomes, we were able to gather valuable insights without risking the entire customer base, which eventually led to a 15% increase in revenue.

I also guide teams to see failure as a learning opportunity, stressing that testing and validation are key to successful product development. When a product launch didn’t meet expectations, I worked with the team to dissect what went wrong, treating it as an opportunity to iterate and improve. This process not only resulted in a stronger product but also instilled a mindset of resilience and adaptability.

My goal is to instil confidence in founders and their teams, helping them navigate uncertainty while maintaining focus on their product vision. By leveraging user insights, embracing experimentation, and learning from setbacks, I help teams build products that truly resonate with their audience.

In your experience, how important is customer discovery and value proposition design in the early stages of product development? What methodologies do you recommend for founders to accurately identify and validate their target customers’ needs?

Customer discovery and value proposition design are fundamental in the early stages of product development. They provide a foundation for building products that truly resonate with users. I often recommend methodologies like Jobs to be Done (JTBD) interviews, which uncover the underlying needs and motivations of users, and Lean Startup principles, focusing on hypothesis testing and rapid iteration. By validating their assumptions through direct user interactions, founders can refine their value propositions and ensure they are addressing real problems, setting their products up for success.

Lastly, what advice would you give to a founder who is struggling to align their product vision with their business strategy?

Start by revisiting the core problem your product solves and ensuring it aligns with your broader business goals. It’s easy to get caught up in features and roadmaps, but the key is to maintain a strong focus on the outcomes you want to achieve. I advise founders to use frameworks like OKRs (Objectives and Key Results) to align their vision with measurable outcomes, and to regularly validate whether their product decisions are moving them closer to their strategic goals. At Product Rocket, we emphasise this alignment, helping founders strike the right balance between long-term vision and near-term execution.

 

 

If you’re here to change the world. We’ll connect you to the people who can make it happen.

Find your startup’s perfect provider today with the Fishburners Service Hub.

Sleek Social Media 4
3 1
Previous
Next

Related Posts

Majella Campbell Martin Karafilis Fishburners

Fishburners Announces CEO Transition as It Embarks on a New Era of Growth

Majella Campbell takes over the reins as CEO, succeeding Martin Karafilis Sydney, February 2025 – Fishburners, Australia’s largest startup community,

Read More

Overcoming Early-Stage Anxiety: How Two Founders Went From Idea to MVP Fast

Tech startups don’t always begin with a team of developers and a big bank account. Sometimes, all it takes is a clear vision, a hunger to learn, and the right community to propel you forward.

Read More

Join the Burner 🔥 to stay updated

Subscribe to the Burner
Facebook-f Linkedin Instagram
Quick Links
  • Startup Blog & News
  • Perks & Discounts
  • Add Additional Team Members
  • Success Stories
  • Contact Us
Join Us
  • Sydney Hub
  • Service Hub
  • Founders Hub
  • Promote Your Service
  • Venue Hire Sydney
  • Board Room Hire
  • Sydney Hub
  • Service Hub
  • Founders Hub
  • Promote Your Service
  • Venue Hire Sydney
  • Board Room Hire
Get In Touch

Level 2,  11-17 York Street, 
Wynyard NSW 2000

  • Email: [email protected]
  • Phone: 1800 959 351
  • Hours: Mon-Fri 8:30AM - 5:00PM
  • Terms
  • Founders Hub Terms
  • Privacy Policy
  • WHS Policy
  • Whistle Blower Policy
  • Fishburners Complaints Policy
  • Code of Conduct
  • © 2025 All Rights Reserved.