Why 42% of Startups Fail & How Fractional PMs Save Millions - Mirela Mus

In this episode, I sit down with Mirela Mus, Founder & CEO of Product People, Europe's largest fractional product management agency. We dive into:✅ Why 42% of startups fail due to a lack of product-market fit✅ How fractional product managers help companies scale efficiently✅ The real reasons companies hire fractional PMs (beyond just filling headcount)✅ Interim vs. Fractional Product Work – which one is right for your business?✅ Why mercenary product managers can actually help teams make better decisions✅ How agencies like Product People help companies scale without breaking the bank✅ The mindset shifts product managers need to quickly diagnose & improve PMF✅ Hiring fractional vs. full-time vs. freelance PMs – what’s the best approach?🎙️ If you're a startup founder, a product leader, or a PM thinking about going independent – this episode is packed with insights you don’t want to miss!💡 Learn More About Mirela & Product People:🔗 Product People Website https://www.getproductpeople.com/🔗 Mirella on LinkedIn https://www.linkedin.com/in/mirelamus/🔔 Subscribe for more deep-dive conversations on product leadership, startups, and innovation!#ProductManagement #FractionalPM #StartupGrowth #ProductMarketFit #ProductLeadershipTimestamps 0:00 - Intro: Why 42% of Startups Fail & What We’ll Cover0:46 - Why Did Mirela Bring a Swag Gift?1:03 - What Surprised Mirela About Dubai’s Startup Scene1:52 - What Is Product People & How Do They Help Companies?3:29 - How Product People Supports M&A, Growth, & Scaling Teams4:00 - Why a Product Manager Agency? How Does It Work?5:57 - Who Becomes a Fractional Product Manager & Why?7:03 - How Fractional PMs Drive Impact in Just 3-6 Months8:09 - What Companies Get Wrong About Hiring PMs9:39 - How Product People’s Playbook Helps PMs Succeed10:56 - Why High-Agency, Low-Maintenance PMs Are Essential12:35 - How AI Is Disrupting Product Management & Market Fit13:52 - The Biggest Cost in Tech Companies & How to Manage It14:52 - How Companies Scale Product Teams Without Breaking the Bank16:03 - When a Mercenary PM Is More Valuable Than a Missionary PM18:46 - Why Product People Focuses Only on Product Management20:55 - How Product People Handles Downtime & Knowledge Sharing23:17 - Freelancer vs. Full-Time vs. Fractional PM – Which One Is Best?25:20 - How Product People Ensures Every Client Becomes a Repeat Champion28:02 - What Product People Looks for When Hiring PMs30:45 - Top Book Recommendations for Product Managers32:32 - Why Asking Better Questions is a Superpower for PMs33:52 - How to Connect with Mirela & Learn More About Product People

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