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SVPG · Marty CaganFeb 20, 2023

TRANSFORMED

Feb 20, 2023 · 5 min

Marty Cagan announces that the next SVPG book, TRANSFORMED, is in progress with Lea, Jon, Christian and Chris as co-authors, targeting early 2024. The book addresses the many established companies that struggle to shift…

Lenny’s Podcast102 min

10 lessons on bootstrapping a $200m business

Patrick Campbell · Feb 19, 2023
Key learnings
  • Define your values by the trade-offs they force, and assess candidates against them during interviews so misfits are filtered out…
  • Ask whether your business can plausibly reach around $1 billion in annual revenue; if not, bootstrapping or building a…
  • Campbell argues ProfitWell should have raised money earlier, since it could have pursued a larger outcome sooner, so match…
Lenny’s Podcast87 min

Understanding the role of product ops

Christine Itwaru · Feb 16, 2023
Key learnings
  • Product ops can be understood two ways: as a set of systems that help a product team thrive, and as a dedicated person or group…
  • Common product ops responsibilities include voice-of-customer synthesis, tooling and data integrations, content and education…
  • Frame the role to PMs as protecting their time for customer conversations, which Christine says PMs should never give up, rather…
Lenny’s Newsletter♥ 185

Growth inflections

Feb 14, 2023 · 21 min
Subscriber post — summary only

Lenny Rachitsky surveys growth inflection stories from roughly two dozen well-known products to find what tends to precede sudden growth jumps. He sorts them into three groups: product improvements, external events that…

Lenny’s Podcast76 min

Mastering onboarding

Lauryn Isford · Feb 12, 2023
Key learnings
  • Experiment when you need to, mainly as risk mitigation for big changes; let customer research and mockups provide conviction for…
  • Onboarding is a critical choke point for self-serve products because downstream conversion, deal closing, and team-wide adoption…
  • For complex products, an immersive guided wizard that reduces cognitive load can outperform tooltips; tooltips still have a place…
SVPG · Marty CaganFeb 9, 2023

The Product Operating Model: An Introduction

Feb 9, 2023 · 6 min

Marty Cagan introduces the product operating model as a set of first principles that leading product companies use to consistently create technology-powered solutions that deliver customer value and business results…

Lenny’s Podcast78 min

Leading with empathy

Keith Yandell · Feb 9, 2023
Key learnings
  • Hire people better than yourself, then get out of the way; the most valuable managers slowly step back as their team members…
  • Write a 'How to work with me' document that states your expectations, known growth areas, and commitments to your team; it helps…
  • Help people find their next job, even outside the company; it surfaces retention risks early, lets you plan backfills, and builds…
SVPG · Marty CaganFeb 8, 2023

The Alternative To Agile Coaches

Feb 8, 2023

Marty Cagan argues that the real alternative to dedicated Agile coaches is competent line management: engineering, product, and design managers coaching their people in hands-on skills. He contrasts a 'Team Red' that…

Lenny’s Podcast64 min

AI and product management

Marily Nika · Feb 5, 2023
Key learnings
  • Avoid the shiny object trap: only add AI when there is a real, well-defined pain point worth solving, and identify the problem…
  • Don't use AI for an MVP; fake the AI behavior with a clickable prototype and test desirability with users first.
  • Use ChatGPT as a sounding board for sharpening mission statements and generating user segments, personas, and motivations, while…
Lenny’s Podcast88 min

How to foster innovation and big thinking

Eeke de Milliano · Feb 2, 2023
Key learnings
  • Process reduces variance but can pull down top performers; introduce it deliberately and give high performers escape hatches…
  • Reframe failure as learning: rename postmortems 'retrospectives' and have people share failure learnings publicly to normalize…
  • Lower the stakes of big bets by using small teams, getting customer feedback early, and not waiting for perfection before testing.
Lenny’s Newsletter♥ 140

How Coda builds product

Jan 31, 2023 · 21 min
Subscriber post — summary only

Lenny Rachitsky profiles how Coda's product organization plans, reviews, and builds product, drawing on an interview with CPO Lane Shackleton. The post covers Coda's evolving planning cadence, OKR philosophy, review…

Lenny’s Podcast105 min

Lessons from Airtable’s unconventional growth strategy

Zoelle Egner · Jan 29, 2023
Key learnings
  • Start with a laughably small MVP, as Zoelle's team did with a spreadsheet and phone calls, to learn what infrastructure you…
  • Repeat your core message relentlessly; people fill gaps with wrong assumptions, so the leader's job is saying the same things…
  • Punch above your weight as a small company by polishing emails, landing pages, and sample content so customers feel the product…
Lenny’s Podcast69 min

An inside look at Mixpanel’s product journey

Vijay · Jan 26, 2023
Key learnings
  • Protect your core product: rather than moving people from the core to new ventures, invest the core's profits into new bets…
  • Be cautious adding adjacent products in new categories; bolt-on products that are only mid-tier in crowded categories rarely move…
  • When a product is losing customers to competitors, a focused 'speed' phase working directly from ranked churn reasons can close…
SVPG · Marty CaganJan 16, 2023

Principles over Process

Jan 16, 2023

Marty Cagan reflects on a virtual conference where he was invited to speak to Agile coaches about managing complexity, and urges coaches to watch the recording despite its uncomfortable critiques. He argues that Agile's…

Lenny’s Podcast135 min

What differentiates the highest-performing product teams

John Cutler · Jan 15, 2023
Key learnings
  • Start with introspection about your own leadership beliefs; you can flex away from your default, but expect to move only…
  • Highly performing teams tend to have coherence between their structure and their current strategy; fixing structure to match…
  • Top teams hold strong opinions loosely held: they commit to convictions, especially about the power of product, while staying…
Lenny’s Podcast72 min

How to price your product

Naomi Ionita · Jan 12, 2023
Key learnings
  • Don't set pricing once and forget it; treat it like the roadmap and revisit monetization every 6 to 12 months, especially when…
  • Start monetizing earlier than feels comfortable, since delaying cheapens the product, removes pricing feedback loops, and creates…
  • Match price to value by choosing a value metric tied to how users get value, so revenue grows naturally as usage increases.
SVPG · Marty CaganJan 11, 2023

Becoming a Product Coach

Jan 11, 2023 · 25 min

Marty Cagan argues that the product industry needs more skilled product coaches, and that many self-described coaches lack real product experience. He insists that effective product coaching must rest on relevant…

Lenny’s Podcast87 min

Yuhki Yamashata

Yuhki Yamashata · Jan 8, 2023
Key learnings
  • Storytelling is a core PM skill; Yamashita suggests resetting your context and retelling the situation as if the listener knows…
  • Own the 'why' of a product: when teams can't have detailed specs, a shared understanding of the problem lets people make good…
  • Use the 'five whys' on problems, asking not just why a customer wants a feature but why they have the underlying problem in the…
Lenny’s Podcast88 min

Leveraging mentors to uplevel your career

Jules Walter · Jan 5, 2023
Key learnings
  • Build skills one at a time, dedicating a few months to each with weekly practice tied to a concrete outcome rather than just…
  • Create a forcing-function outcome when learning something new, then work backwards to the questions you need answered and seek…
  • Practice interviewing with dozens of mock interviews, ideally with people skilled at interviewing, since interviewers rarely give…
Lenny’s Newsletter♥ 148

Virality is a myth (mostly)

Jan 3, 2023 · 17 min
Subscriber post — summary only

Lenny Rachitsky argues that true viral growth is rare and short-lived, and that most products spike when a large one-to-many broadcaster shares them. Drawing on Derek Thompson's Hit Makers and examples like Spotify…

SVPG · Marty CaganJan 1, 2023

Product Management: An Introduction

Jan 1, 2023 · 4 min

Marty Cagan lays out the product operating model, in which a product manager sits on a small cross-functional team alongside a designer, a tech lead and engineers, and is accountable for solving customer problems that…

SVPG · Marty CaganJan 1, 2023

Product Discovery Series

Jan 1, 2023

This is an index page from SVPG (Silicon Valley Product Group) curating its articles on product discovery, the work of deciding what to build before handing it to delivery. The page is organized into four groups…