Building new product is mandatory for any organization to keep the product portfolio updated, continuously add value to existing/prospective customers, gain market share, increase revenues etc. Building new product is an exciting phase in the career of every Product Manager and each Product Manager would yearn for an opportunity to conceptualize, build and launch new products. The primary goal of every product manager is to ensure the commercial success of new product. Yet, only 50% of new products succeed. New product development is definitely a challenge and Product Managers falter somewhere during the course of building new product. I decided to drop my experiences of building new product with a hope that it might provide some guidance to build new products.