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    Business

    Lenny’s Podcast: Product | Career | Growth

    Interviews with world-class product leaders and growth experts to uncover concrete, actionable, and tactical advice to help you build, launch, and grow your own product.

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    Copyright: © Lenny Rachitsky

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    Latest Episodes:
    Redefining success, money, and belonging | Paul Millerd (The Pathless Path) Nov 19, 2023
    Show notes

    Paul Millerd spent several years working in strategy consulting and on the “default path” before deciding to walk away to work on his own in 2017. His book, The Pathless Path, chronicles his own journey and deep dive into the history of work and has been read by more than 40,000 people. His podcast, The Pathless Path Podcast, highlights conversations with others following unconventional paths. He also runs the online training business StrategyU, helping people learn the skills of consulting without having to work in the industry. In our conversation, Paul shares:

    • An explanation of the “default path” and the “pathless path”

    • Signs you may be stuck on the default path

    • How to inch your way toward the pathless path

    • Why Paul suggests everyone should take a three-month sabbatical

    • Tips for embracing fear and betting on yourself

    • How to work through the fear of losing money and prestige

    —

    Brought to you by Sanity—The most customizable content layer to power your growth engine | Maui Nui Venison—The healthiest red meat on the planet delivered directly to your door | Wix Studio—The web creation platform built for agencies

    —

    Find the full transcript at: https://www.lennyspodcast.com/redefining-success-money-and-belonging-paul-millerd-the-pathless-path/

    —

    Where to find Paul Millerd:

    • X: https://twitter.com/p_millerd

    • LinkedIn: https://www.linkedin.com/in/paulmillerd/

    • Website: https://pathlesspath.com/

    • Newsletter: https://newsletter.pathlesspath.com

    • YouTube: https://www.youtube.com/channel/UCofS_FvauuHc-x6mq7yz6nA

    • Podcast: https://think-boundless.com/podcast/

    • Email: paul@strategyu.com

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Paul’s background

    (04:33) An explanation of the “default path”

    (06:32) Questions to help clarify which path you are on

    (07:35) Paul’s thoughts on “remixing your path”

    (09:57) An explanation of the “pathless path”

    (12:06) Examples of the pathless path

    (13:54) Why meaning is hard to find and sustain on a traditional career path

    (16:05) A case for the three-month sabbatical

    (18:16) A mindfulness and self-reflection exercise

    (20:18) Why Paul recommends three months

    (22:28) Advice to founders on offering sabbaticals

    (23:40) Other tactics for self-discovery

    (27:08) The variability of income in self-employed roles

    (29:12) Methods for staying afloat after leaving your job

    (30:42) Tips for reframing your thoughts around money

    (33:19) Why betting on yourself usually works out

    (34:46) The importance of setting aside time for creative pursuits

    (36:22) How to dip your toes in and find your path

    (37:53) Lenny’s personal journey

    (39:27) Advice on dealing with the naysayers

    (40:22) How to acknowledge and tame your fears

    (44:52) The “ship, quit, and learn” framework

    (46:39) Why the pathless path is one of constant reinvention

    (51:27) Paul’s response to criticism

    (58:02) First steps for getting started on your journey

    (55:42) Lightning round

    —

    Referenced:

    • The Pathless Path: Imagining a New Story for Work and Life: https://www.amazon.com/Pathless-Path-Imagining-Story-Work/dp/B09QF6Q421

    • David Autor on X: https://twitter.com/davidautor

    • Tim Ferriss’s blog: https://tim.blog/

    • Why you should define your fears instead of your goals | Tim Ferriss: https://www.youtube.com/watch?v=5J6jAC6XxAI

    • How Lenny Rachitsky Got 531,000 Substack Subscribers: https://www.youtube.com/watch?v=DMZem1NYfpM

    • The Lindy effect: https://en.wikipedia.org/wiki/Lindy_effect

    • StrategyU: https://strategyu.co/

    • David Deming’s website: https://www.daviddeming.com/nyt-columns

    • The Great Work of Your Life: A Guide for the Journey to Your True Calling: https://www.amazon.com/Great-Work-Your-Life-Journey/dp/0553386077

    • Wanting: The Power of Mimetic Desire in Everyday Life: https://www.amazon.com/Wanting-Power-Mimetic-Desire-Everyday/dp/1250262488

    • Roadrunner: A Film About Anthony Bourdain: https://www.hbo.com/movies/roadrunner-a-film-about-anthony-bourdain

    • Nuna travel stroller: https://nunababy.com/usa/trvl-easy-fold-compact-stroller

    • Build Your Own Chatbot with OpenAI GPT-3 and Streamlit: https://medium.com/@avra42/build-your-own-chatbot-with-openai-gpt-3-and-streamlit-6f1330876846

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    The ultimate guide to product operations | Melissa Perri and Denise Tilles Nov 16, 2023
    Show notes

    Melissa Perri is the CEO of Produx Labs, a product management training organization; author of the seminal PM book The Build Trap; and a former Harvard Business School professor of product management. Denise Tilles is the CPO at Grocket, Melissa’s colleague at Produx Labs, and a seasoned product leader with over a decade of experience. Together they authored the new book Product Operations: How successful companies build better products at scale. In today’s episode, they share insights, strategies, and real-world experiences to master all things product ops. We discuss:

    • What exactly product operations is

    • The three pillars of the product ops role

    • The biggest benefits of adding product ops to your organization

    • Which tasks product managers should offload to product ops and which they need to own

    • How to help PMs embrace the value of product ops

    • Examples of companies that have implemented product ops well

    • Who and how to hire for this role

    —

    This entire episode is brought to you by Jira Product Discovery—Atlassian’s new prioritization and roadmapping tool built for product teams

    —

    Find the full transcript at: https://www.lennyspodcast.com/the-ultimate-guide-to-product-operations-melissa-perri-and-denise-tilles/#transcript

    —

    Where to find Melissa Perri:

    • X: https://twitter.com/lissijean

    • LinkedIn: https://www.linkedin.com/in/melissajeanperri/

    • Website: https://produxlabs.com/

    —

    Where to find Denise Tilles:

    • X: https://twitter.com/dtilles

    • LinkedIn: https://www.linkedin.com/in/denisetilles/

    • Website: https://www.denisetilles.com

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) About our guests, Melissa Perri and Denise Tilles

    (03:46) How common is the product operations role?

    (07:41) The benefits of having a product ops person in your organization

    (09:16) How to help PMs embrace the value of product ops

    (11:44) The three pillars of the product ops role

    (15:25) How user research fits in

    (18:35) Why product ops will be an essential role for product managers to thrive

    (24:24) Which tasks product managers should offload to product ops and which they need to own

    (28:58) Project management vs. product ops

    (29:44) The jobs of a product ops person

    (37:38) Why the product ops role will never become obsolete

    (39:31) How many product ops people you need

    (45:13) First steps in building out a product ops team

    (47:06) What to look for in your first hire

    (51:11) Key skills needed for a product ops person

    (57:29) Who product ops should report to

    (59:50) An example of rolling out product ops at Athena Health

    (1:09:35) Lightning round

    —

    Referenced:

    • Product Operations: How successful companies build better products at scale: https://www.productoperations.com/

    • Produx Labs: https://produxlabs.com

    • How to create a winning product strategy | Melissa Perri: https://www.lennyspodcast.com/how-to-create-a-winning-product-strategy-melissa-perri/

    • Blake Samic on LinkedIn: https://www.linkedin.com/in/blakesamic/

    • Escaping the Build Trap: How Effective Product Management Creates Real Value: https://www.amazon.com/Escaping-Build-Trap-Effective-Management/dp/149197379X

    • Athena Health: https://www.athenahealth.com/

    • Pendo: https://www.pendo.io/

    • PopSQL: https://popsql.com/

    • Understanding the role of product ops | Christine Itwaru (Pendo): https://www.lennyspodcast.com/understanding-the-role-of-product-ops-christine-itwaru-pendo/

    • Doodle: https://doodle.com/en/

    • Stephanie Leue on LinkedIn: https://www.linkedin.com/in/stephanie-leue/

    • Jira: https://www.atlassian.com/software/jira

    • Dovetail: https://dovetail.com/

    • Looker: https://cloud.google.com/looker/

    • Brian Bhuta on LinkedIn: https://www.linkedin.com/in/brianbhuta/

    • How to sell your ideas and rise within your company | Casey Winters, Eventbrite: https://www.lennyspodcast.com/how-to-sell-your-ideas-and-rise-within-your-company-casey-winters-eventbrite/

    • Thinking beyond frameworks | Casey Winters (Pinterest, Eventbrite, Airbnb, Tinder, Canva, Reddit, Grubhub): https://www.lennyspodcast.com/thinking-beyond-frameworks-casey-winters-pinterest-eventbrite-airbnb-tinder-canva-reddit-grubhub/

    • Shared services model: https://www.gartner.com/en/finance/insights/shared-services-model

    • Shintaro Matsui on LinkedIn: https://www.linkedin.com/in/smatsui/

    • Tableau: https://www.tableau.com/

    • Jen Cardello on LinkedIn: https://www.linkedin.com/in/jencardello/

    • Tim Davenport on LinkedIn: https://www.linkedin.com/in/tim-davenport-28249b9/

    • Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral: https://www.amazon.com/Traffic-Genius-Rivalry-Delusion-Billion-Dollar/dp/0593299752

    • The Art of Action: https://www.amazon.com/Art-Action-10th-Anniversary/dp/1529376963

    • Continuous Discovery Habits: Discover Products that Create Customer Value and Business Value: https://www.amazon.com/Continuous-Discovery-Habits-Discover-Products/dp/1736633309

    • Deutschland89 on Hulu: https://www.hulu.com/series/deutschland-89-a4cf05f7-b4f2-44c7-84a1-4034671944b9

    • The Fall of the House of Usher on Netflix: https://www.netflix.com/title/81414665

    • Love Is Blind on Netflix: https://www.netflix.com/title/80996601

    • The Haunting of Hill House on Netflix: https://www.netflix.com/title/80189221

    • Dragonboat: https://dragonboat.io/solution/product-operations/

    • Vistaly: https://www.vistaly.com/

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Brian Chesky’s new playbook Nov 12, 2023
    Show notes

    Brian Chesky is the co-founder and CEO of Airbnb. Under Brian’s leadership, Airbnb has grown into a community of over 4 million hosts who have welcomed more than 1.5 billion guests across over 220 countries and regions. I had the privilege of working under his leadership, so it is a great honor to have him on the show. We discuss:

    • How Airbnb has shifted their thinking on product management

    • Why bureaucracy happens in companies, and how to avoid it

    • The importance of founders diving into the details

    • Why Airbnb moved away from traditional growth channels and what they are doing instead

    • Airbnb’s newly released features

    • How and why Brian encourages his team to set ambitious goals

    • Why he says he still has a lot to prove

    —

    Brought to you by Sidebar—Catalyze your career with a Personal Board of Directors | Jira Product Discovery—Atlassian’s new prioritization and roadmapping tool built for product teams | Eppo—Run reliable, impactful experiments

    —

    Find the full transcript at: https://www.lennyspodcast.com/brian-cheskys-new-playbook/#transcript

    —

    Where to find Brian Chesky:

    • X: https://twitter.com/bchesky

    • LinkedIn: https://www.linkedin.com/in/brianchesky/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Brian’s background

    (05:18) The current structure of product management at Airbnb

    (09:21) How fast-moving companies become slow-moving bureaucracies

    (12:20) Brian’s thoughts on performance marketing

    (13:50) Airbnb’s rolling two-year roadmap

    (15:30) Brian’s journey as CEO in a growing company

    (18:34) Best practices for A/B testing

    (20:30) Who inspired Airbnb’s new direction

    (23:18) The first changes Brian implemented at the onset of the pandemic

    (24:51) Why founders should be “in the details”

    (30:15) Airbnb’s marketing, communication, and creative functions

    (31:38) Advice for founders on how to lead

    (34:15) Tips for implementing Airbnb’s business methodology

    (38:48) Airbnb’s winter release

    (41:47) Why Airbnb no longer has separate guest and host teams

    (42:38) Brian’s thoughts on design trends

    (45:36) The importance of empowering hosts with great tools

    (45:57) How setting ambitious goals improves team performance

    (50:05) Tips for preventing burnout

    (56:02) Tips for personal and professional growth

    (58:19) Why Brian says he still has a lot to prove

    (1:02:58) Paying it forward

    (1:05:03) A fun fact about Brian

    (1:09:26) Airbnb’s origin story

    —

    Referenced:

    • Localmind: https://www.crunchbase.com/organization/localmind

    • Config 2023 in review: https://www.figma.com/blog/config-2023-recap/

    • Why Founders Fail: The Product CEO Paradox: https://techcrunch.com/2013/08/10/why-founders-fail-the-product-ceo-paradox/

    • Hiroki Asai on LinkedIn: https://www.linkedin.com/in/hiroki-asai-a44137110/

    • Jony Ive on Crunchbase: https://www.crunchbase.com/person/jonathan-ive

    • Charles Eames: https://en.wikipedia.org/wiki/Charles_Eames

    • Airbnb 2023 Winter Release: https://news.airbnb.com/en-in/airbnb-2023-winter-release-introducing-guest-favorites-a-collection-of-the-2-million-most-loved-homes-on-airbnb/

    • Airbnb 2023 winter release reel: https://x.com/bchesky/status/1722243847751970861?s=20

    • John Wooden’s website: https://coachwooden.com/

    • An 85-year Harvard study found the No. 1 thing that makes us happy in life: It helps us ‘live longer’: https://www.cnbc.com/2023/02/10/85-year-harvard-study-found-the-secret-to-a-long-happy-and-successful-life.html

    • Sam Altman on X: https://twitter.com/sama

    • Alfred P. Sloan: https://en.wikipedia.org/wiki/Alfred_P._Sloan

    • Bob Dylan quote: https://quotefancy.com/quote/950807/Bob-Dylan-An-artist-has-got-to-be-careful-never-really-to-arrive-at-a-place-where-he

    • OpenAI: https://openai.com/

    • Michael Seibel’s website: https://www.michaelseibel.com/

    • Y Combinator: https://www.ycombinator.com/

    • The Norman Rockwell Museum: https://www.nrm.org/

    • Rhode Island School of Design: https://www.risd.edu/

    • Joe Gebbia on LinkedIn: https://www.linkedin.com/in/jgebbia/

    • Nathan Blecharczyk on LinkedIn: https://www.linkedin.com/in/blecharczyk/

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Marketplace lessons from Uber, Airbnb, Bumble, and more | Ramesh Johari (Stanford professor, startup advisor) Nov 09, 2023
    Show notes

    Ramesh Johari is a professor at Stanford University focusing on data science methods and practice, as well as the design and operation of online markets and platforms. Beyond academia, Ramesh has advised some incredible startups, including Airbnb, Uber, Bumble, and Stitch Fix. Today we discuss:

    • What exactly a marketplace is, if you boil it down

    • What you need to get right to build a successful marketplace

    • How to optimize any marketplace

    • An easy litmus test to see if there’s an opportunity to build a marketplace in the space

    • The role of data science in successful marketplaces

    • Ramesh’s philosophy on experimentation and AI

    • Advice on implementing rating systems

    • Why learning isn’t free

    —

    Brought to you by Sanity—The most customizable content layer to power your growth engine | Hex—Helping teams ask and answer data questions by working together | Eppo—Run reliable, impactful experiments

    —

    Find the full transcript at: https://www.lennyspodcast.com/marketplace-lessons-from-uber-airbnb-bumble-and-more-ramesh-johari-stanford-professor-startup/

    —

    Where to find Ramesh Johari:

    • LinkedIn: https://www.linkedin.com/in/rameshjohari/

    • Website: https://web.stanford.edu/~rjohari/

    • X: https://twitter.com/rameshjohari

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Ramesh’s background

    (04:31) A brief overview of what a marketplace is

    (08:10) The role of data science in marketplaces

    (11:21) Common flaws of marketplaces

    (16:43) Why every founder is a marketplace founder

    (20:26) How Substack increased value to creators by driving demand

    (20:58) An example of overcommitting at eBay

    (22:24) An easy litmus test for marketplaces

    (25:52) Thoughts on employees vs. contractors

    (28:02) How to leverage data scientists to improve your marketplace

    (34:10) Correlation vs. causation

    (35:27) Decisions that should be made using data

    (39:29) Ramesh’s philosophy on experimentation

    (41:06) How to find a balance between running experiments and finding new opportunities

    (44:11) Badging in marketplaces

    (46:04) The “superhost” badge at Airbnb

    (49:59) How marketplaces are like a game of Whac-A-Mole

    (52:41) How to shift an organization’s focus from impact to learning

    (55:43) Frequentist vs. Bayesian A/B testing

    (57:50) The idea that learning is costly

    (1:01:55) The basics of rating systems

    (1:04:41) The problem with averaging

    (1:07:14) Double-blind reviews at Airbnb

    (1:08:55) How large language models are affecting data science

    (1:11:27) Lightning round

    —

    Referenced:

    • Riley Newman on LinkedIn: https://www.linkedin.com/in/rileynewman/

    • Upwork (formerly Odesk): https://www.upwork.com/

    • Ancient Agora: https://en.wikipedia.org/wiki/Ancient_Agora_of_Athens

    • Trajan’s Market: https://en.wikipedia.org/wiki/Trajan%27s_Market

    • Kayak: https://www.kayak.com/

    • UrbanSitter: https://www.urbansitter.com/

    • Thumbtack: https://www.thumbtack.com/

    • Substack: https://substack.com/

    • Ebay: https://www.ebay.com/

    • Coase: “The Nature of the Firm”: https://en.wikipedia.org/wiki/The_Nature_of_the_Firm

    • Stitch Fix: https://www.stitchfix.com/

    • A/B Testing with Fat Tails: https://www.journals.uchicago.edu/doi/abs/10.1086/710607

    • The ultimate guide to A/B testing | Ronny Kohavi (Airbnb, Microsoft, Amazon): https://www.lennyspodcast.com/the-ultimate-guide-to-ab-testing-ronny-kohavi-airbnb-microsoft-amazon/

    • Servaes Tholen on LinkedIn: https://www.linkedin.com/in/servaestholen/

    • Bayesian A/B Testing: A More Calculated Approach to an A/B Test: https://blog.hubspot.com/marketing/bayesian-ab-testing

    • Designing Informative Rating Systems: Evidence from an Online Labor Market: https://arxiv.org/abs/1810.13028

    • Reputation and Feedback Systems in Online Platform Markets: https://faculty.haas.berkeley.edu/stadelis/Annual_Review_Tadelis.pdf

    • How to Lie with Statistics: https://www.amazon.com/How-Lie-Statistics-Darrell-Huff/dp/0393310728

    • David Freedman’s books on Amazon: https://www.amazon.com/stores/David-Freedman/author/B001IGLSGA

    • Four Thousand Weeks: Time Management for Mortals: https://www.amazon.com/Four-Thousand-Weeks-Management-Mortals/dp/0374159122

    • The Alpinist on Prime Video: https://www.amazon.com/Alpinist-Peter-Mortimer/dp/B09KYDWVVC

    • Only Murders in the Building on Hulu: https://www.hulu.com/series/only-murders-in-the-building-ef31c7e1-cd0f-4e07-848d-1cbfedb50ddf

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Mastering product strategy and growing as a PM | Maggie Crowley (Toast, Drift, Tripadvisor) Nov 05, 2023
    Show notes

    Maggie Crowley is VP of product at Toast and previously vice president and head of product at Charlie Health, senior director of product management at Drift, and a PM at TripAdvisor. She’s also the host of Build, a podcast dedicated to product and product management. In today’s conversation, Maggie shares:

    • The value of building a broad-based PM skill set

    • Three qualities of the best product managers

    • A step-by-step guide for crafting a product strategy

    • How to break into PM

    • Why great writing is often just simplifying your writing

    • Why being too data-driven is a red flag

    • The impact of content creation on Maggie’s career

    —

    Brought to you by Productroadmap.ai—AI to connect your roadmaps to revenue | Composer—the AI-powered trading platform | Eppo—Run reliable, impactful experiments

    —

    Find the full transcript at: https://www.lennyspodcast.com/mastering-product-strategy-and-growing-as-a-pm-maggie-crowley-toast-drift-tripadvisor/

    —

    Where to find Maggie Crowley:

    • X: https://twitter.com/maggiecrowley

    • LinkedIn: https://www.linkedin.com/in/maggie-crowley-42a97112/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Maggie’s background

    (04:06) Three common traits among the best product managers

    (09:33) Strategy is an important but small part of the job

    (11:14) How to get better at simplification

    (13:39) Tips on simplifying your writing

    (15:13) Ownership as a PM

    (17:53) Examples of simplifying your work

    (19:39) Maggie’s Slack support group

    (21:37) How to improve on following up on your work

    (23:23) A realistic time horizon for PMs

    (26:31) Staying in your role vs. trying a new opportunity

    (27:37) The importance of “carrying the water”

    (28:56) Pros and cons of the PM job

    (31:42) Advice on landing a PM role

    (34:36) Maggie’s step-by-step process for writing your product strategy

    (39:55) Not every feature needs a strategy

    (46:29) The value of working through the process

    (48:09) Maggie’s one-pager doc

    (54:16) Contrarian corner

    (55:44) The worst product Maggie ever shipped

    (58:33) Why being “data-driven” is a red flag

    (1:01:10) Content creation as a career accelerator

    (1:14:27) Closing thoughts

    (1:15:17) Lightning round

    —

    Referenced:

    • David Cancel on LinkedIn: https://www.linkedin.com/in/dcancel/

    • On Writing Well: The Classic Guide to Writing Nonfiction: https://www.amazon.com/Writing-Well-Classic-Guide-Nonfiction/dp/0060891548

    • Notion: https://www.notion.so/

    • The Minto Pyramid Principle and the SCR Framework: https://www.lennysnewsletter.com/p/minto-pyramid-principle-scr

    • Drift: https://www.drift.com/

    • Maggies Top 5 Product Lessons for 2021: https://www.drift.com/podcasts/build/?wchannelid=hg0p3zf4yx&wmediaid=nxrdvmotr3

    • Unpacking Amazon’s unique ways of working | Bill Carr (author of Working Backwards): https://www.lennyspodcast.com/unpacking-amazons-unique-ways-of-working-bill-carr-author-of-working-backwards/

    • Inside Linear: Building with taste, craft, and focus | Karri Saarinen (co-founder, designer, CEO): https://www.lennyspodcast.com/inside-linear-building-with-taste-craft-and-focus-karri-saarinen-co-founder-designer-ceo/

    • Adam Medros on LinkedIn: https://www.linkedin.com/in/amedros/

    • How Figma builds product: https://www.lennysnewsletter.com/p/how-figma-builds-product

    • Strategy Document Template: https://docs.google.com/document/d/1frggEj_gfFD4--8eNkkyY-zHryXbN5uIS8uiMDCYVes/edit

    • Shreyas Doshi on pre-mortems, the LNO framework, the three levels of product work, why most execution problems are strategy problems, and ROI vs. opportunity cost thinking: https://www.lennyspodcast.com/shreyas-doshi-on-pre-mortems-the-lno-framework-the-three-levels-of-product-work-why-most-execution-problems-are-strategy-problems-and-roi-vs-opportunity-cost-thinking/

    • Einstein quote: https://www.brainyquote.com/quotes/albert_einstein_122232

    • The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience: https://www.amazon.com/Presentation-Secrets-Steve-Jobs-Insanely/dp/0071636080

    • Thinking in Bets: Making Smarter Decisions When You Dont Have All the Facts: https://www.amazon.com/Thinking-Bets-Making-Smarter-Decisions/dp/0735216371

    • Scaling People: Tactics for Management and Company Building: https://www.amazon.com/Scaling-People-Tactics-Management-Building/dp/1953953212/r

    • Slow Horses on AppleTV+: https://tv.apple.com/us/show/slow-horses/umc.cmc.2szz3fdt71tl1ulnbp8utgq5o

    • Future: https://www.future.co/

    • Ladder: https://www.joinladder.com/

    • Pump Log: https://pumplogapp.com/

    • Huckleberry: https://huckleberrycare.com/

    • Toast: https://pos.toasttab.com/

    • Careers at Toast: https://careers.toasttab.com/homepage

    • What differentiates the highest-performing product teams | John Cutler (Amplitude, The Beautiful Mess): https://www.lennyspodcast.com/what-differentiates-the-highest-performing-product-teams-john-cutler-amplitude-the-beautiful-mess/

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Unpacking Amazon’s unique ways of working | Bill Carr (author of Working Backwards) Nov 02, 2023
    Show notes

    Bill Carr is the co-author of Working Backwards: Insights, Stories, and Secrets from Inside Amazon. With a background at Amazon of over 15 years, Bill played a pivotal role in shaping the company’s global digital music and video ventures, including Amazon Music, Prime Video, and Amazon Studios. After Amazon, Bill was an Executive in Residence with Maveron, an early-stage, consumer-only venture capital firm. He later served as the chief operating officer of OfferUp, the largest mobile marketplace for local buyers and sellers in the U.S. Today he’s the co-founder of Working Backwards LLC, where he helps companies implement Amazon’s time-tested management strategies. In this episode, we discuss:

    • What exactly “working backwards” is, and how you do it

    • Why having “single-threaded leaders” is so effective

    • Inside Amazon’s intense product review process

    • How to actually follow the “disagree and commit” principle

    • The thinking behind the principle “Leaders are right, a lot”

    • Input vs. output metrics

    • Fostering a culture of risk-taking and innovation

    • The role and responsibilities of a “bar raiser” in your hiring, and how it significantly improves the success rate of new hires

    —

    Brought to you by AssemblyAI—Production-ready AI models to transcribe and understand speech | Coda—Meet the evolution of docs | Wix Studio—The web creation platform built for agencies

    —

    Find the full transcript at: https://www.lennyspodcast.com/unpacking-amazons-unique-ways-of-working-bill-carr-author-of-working-backwards/

    —

    Where to find Bill Carr:

    • X: https://twitter.com/BillCarr89

    • LinkedIn: https://www.linkedin.com/in/bill-carr/

    • Website: https://www.workingbackwards.com/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Bill’s background

    (04:26) Amazon’s workplace evolution

    (09:54) Amazon’s “fitness function”

    (11:44) Single-threaded leadership

    (18:07) Implementing a program orientation with single-threaded leadership

    (20:16) The GM model vs. single-threaded leadership

    (21:31) Functional countermeasures needed for single-threaded leadership

    (25:22) Embracing the “disagree and commit” principle

    (30:22) Understanding disagreements

    (32:41) Deciphering Amazon’s “Leaders are right, a lot” principle

    (35:25) An explanation of the working backwards framework

    (41:16) PR FAQ process: Amazon’s innovation engine

    (44:47) Deconstructing the PR FAQ structure

    (43:49) The concentric circle model for sharing PR FAQs

    (44:55) The customer problem-solution statement

    (47:52) Create a product funnel, not a product tunnel

    (51:19) How Amazon promotes action vs. talk

    (54:35) Amazon’s flywheel and input metrics

    (1:00:51) Signs you’ve got a good input metric

    (1:04:23) How mistakes can still be made with working backwards

    (1:06:54) Why disagreements aren’t necessarily signs products will fail

    (1:08:02) Examples of failed Amazon projects

    (1:09:55) Cultivating risk-taking and accepting failure

    (1:13:57) Amazon’s “bar-raiser” practice for hiring

    (1:18:21) Selecting Amazon’s bar raisers

    (1:20:41) Advice on implementing practices from Working Backwards

    (1:23:10) Bill’s work as an advisor

    (1:26:05) Lightning round

    —

    Referenced:

    • Working Backwards: Insights, Stories, and Secrets from Inside Amazon: https://www.amazon.com/Working-Backwards-Insights-Stories-Secrets/dp/1250267595

    • Jeff Bezos on X: https://twitter.com/jeffbezos

    • D.E. Shaw: https://www.deshaw.com/

    • Eric Ries’s website: https://theleanstartup.com/

    • GM business model: https://fourweekmba.com/general-motors-business-model/

    • Rick Dalzell on LinkedIn: https://www.linkedin.com/in/richarddalzell/

    • The Effective Decision by Peter F. Drucker: https://hbr.org/1967/01/the-effective-decision

    • Template: Working Backwards PR FAQ: https://www.workingbackwards.com/resources/working-backwards-pr-faq

    • Good to Great: Why Some Companies Make the Leap and Others Don’t: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996

    • The Amazon flywheel: https://feedvisor.com/resources/amazon-trends/amazon-flywheel-explained/

    • Sixsigma: https://www.6sigma.us/

    • Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries: https://www.amazon.com/Loonshots-Nurture-Diseases-Transform-Industries/dp/1250185963

    • Andy Jassy on LinkedIn: https://www.linkedin.com/in/andy-jassy-8b1615/

    • Implementing Amazon’s Bar Raiser Process in Hiring: A Quick Guide: https://www.barraiser.com/blogs/implementing-amazons-bar-raiser-process-in-hiring

    • Microspeak: The As-Appropriate (AA) interviewer: https://devblogs.microsoft.com/oldnewthing/20231017-00/?p=108897

    • The Practice of Management: https://www.amazon.com/Practice-Management-Peter-F-Drucker/dp/0060878975

    • The Effective Executive: The Definitive Guide to Getting the Right Things Done: https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459

    • Steve Jobs: https://www.amazon.com/Steve-Jobs-Walter-Isaacson/dp/1451648537

    • Seveneves: https://www.amazon.com/Seveneves-Neal-Stephenson/dp/0062334514

    • A Gentleman in Moscow: https://www.amazon.com/A-Gentleman-in-Moscow/dp/0143110438

    • Dune on Prime Video: https://www.amazon.com/Dune-Timoth%C3%A9e-Chalamet/dp/B09LJXY4PH

    • A Spy Among Friends: https://www.imdb.com/title/tt15565872/

    • Zipp 303 Firecrest tubeless disc brake: https://www.sram.com/en/zipp/models/wh-303-ftld-a1

    • The Fifth Discipline: The Art & Practice of the Learning Organization: https://www.amazon.com/Fifth-Discipline-Practice-Learning-Organization/dp/0385517254

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Reflections on a movement | Eric Ries (creator of the Lean Startup methodology) Oct 29, 2023
    Show notes

    Eric Ries is the creator of the Lean Startup methodology, author of the New York Times bestseller The Lean Startup, and founder of the Long-Term Stock Exchange (LTSE). He’s also a multi-time founder and currently advises startups, VC firms, and larger companies on business and product strategy. In today’s episode, we discuss:

    • The current state of the Lean Startup methodology

    • Common misconceptions about the Lean Startup methodology

    • Understanding how to actually think about MVPs (minimum viable products)

    • When to pivot and when to stay the course

    • Thoughts on AI and how to deal with uncertainty

    • How to structure your company around core values and create products that benefit humanity

    • The philosophy behind Eric’s current big idea: the Long-Term Stock Exchange

    • Much more

    —

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    —

    Find the full transcript at: https://www.lennyspodcast.com/reflections-on-a-movement-eric-ries-creator-of-the-lean-startup-methodology/#transcript

    —

    Where to find Eric Ries:

    • LinkedIn: https://www.linkedin.com/in/eries/

    • X: https://twitter.com/ericries

    • Website: https://theleanstartup.com/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Eric’s background

    (04:46) Eric’s recent activities and projects

    (06:23) Eric’s start in advising and first-principles thinking

    (10:56) Lessons from designing the Lean Startup process

    (14:04) The current state of lean startup methodology

    (22:33) Common misconceptions about the methodology

    (24:28) Changes Eric would make in an updated version of Lean Startup

    (27:52) An explanation of minimum viable product (MVP) and why Eric still stands by the process

    (37:36) An example of “Less is more”

    (41:24) More on MVPs and the importance of testing your hypotheses

    (41:24) How LTSE had to pivot after a partnership fell apart

    (48:37) Eric’s take on the concept of craft

    (53:36) Why getting fired for standing by your conviction can be a career accelerator

    (55:17) Tech’s mental health crisis

    (56:28) Advice for founders stuck in a “zombie company”

    (1:00:16) How continuous pivots shape a company’s vision, with a real-life story

    (1:08:20) Challenges in assessing companies from an external perspective

    (1:13:17) Practical advice for businesses considering a pivot

    (1:18:42) The impact of artificial intelligence

    (1:26:59) The current capabilities of ChatGPT and its potential use as an equalizer in the marketplace

    (1:31:26) Eric’s current work with founders on human flourishing

    (1:42:40) Advice for founders who want to build ethical companies

    (1:49:37) Examples of first-principles thinking

    (1:53:42) Why shareholder primacy theory is wrong

    (1:55:19) The “spiritual holding company”

    (1:58:12) Lightning round

    —

    Referenced:

    • The Long-Term Stock Exchange: https://ltse.com/

    • The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

    • Lean manufacturing: https://www.techtarget.com/searcherp/definition/lean-production

    • Six Sigma: https://www.6sigma.us/six-sigma.php

    • Clay Christensen: https://claytonchristensen.com/

    • Eric Ries on 4 Common Misconceptions About Lean Startup: https://www.entrepreneur.com/starting-a-business/eric-ries-on-4-common-misconceptions-about-lean-startup/286701

    • Anakin Skywalker meme: https://knowyourmeme.com/memes/for-the-better-right

    • Linear: Building with taste, craft, and focus | Karri Saarinen (co-founder, designer, CEO): https://www.lennyspodcast.com/inside-linear-building-with-taste-craft-and-focus-karri-saarinen-co-founder-designer-ceo/

    • Snow Crash: https://www.amazon.com/Snow-Crash-Neal-Stephenson/dp/0553380958

    • IMVU: https://about.imvu.com/

    • Ben Silbermann on LinkedIn: https://www.linkedin.com/in/silbermann/

    • Wonder Boy: Tony Hsieh, Zappos, and the Myth of Happiness in Silicon Valley: amazon.com/Wonder-Boy-Zappos-Happiness-Silicon/dp/1250829097

    • Understanding Steve Jobs’s Reality Distortion Field: https://www.emexmag.com/understanding-steve-jobs-reality-distortion-field

    • Paul Graham’s website:http://www.paulgraham.com/raham

    • Segment: https://segment.com/

    • Loom: https://www.loom.com/

    • The Slack story: https://www.paperflite.com/blogs/slack-story

    • The Social Network on Netflix: https://www.netflix.com/ca/title/70132721

    • Thomas Kuhn: Paradigm Shift: https://www.simplypsychology.org/kuhn-paradigm.html

    • Conway’s Law: the little-known principle that influences your work more than you think: https://www.atlassian.com/blog/teamwork/what-is-conways-law-acmi

    • Monty Python and the Holy Grail Guards Scene on YouTube: https://www.youtube.com/watch?v=eVWH01E2weA

    • Toyota Production System: https://global.toyota/en/company/vision-and-philosophy/production-system/

    • Warren Buffett’s Forbes bio: https://www.forbes.com/profile/warren-buffett

    • The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good: amazon.com/Enlightened-Capitalists-Cautionary-Business-Pioneers/dp/0062880241

    • The Grace of Kings (The Dandelion Dynasty): https://www.amazon.com/Grace-Kings-Dandelion-Dynasty/dp/148142428

    • All Systems Red: The Murderbot Diaries:https://www.amazon.com/All-Systems-Red-Murderbot-Diaries/dp/0765397536

    • Star Wars: Andor on Disney+: https://www.disneyplus.com/series/star-wars-andor/3xsQKWG00GL5

    • Tesla Powerwall: https://www.tesla.com/powerwall

    • Levoit Classic 300S ultrasonic smart humidifier: https://www.amazon.com/LEVOIT-Humidifiers-Ultrasonic-Essential-Customized/dp/B09C24TYGQ

    • The Law of Sustainable Growth: https://www.linkedin.com/pulse/20121015181612-2157554-the-law-of-sustainable-growth/

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    What AI means for your product strategy | Paul Adams (CPO of Intercom) Oct 26, 2023
    Show notes

    Paul Adams is the longtime chief product officer at Intercom, where he leads the product management, product design, data science, and research teams. Before Intercom, Paul was the global head of brand design at Facebook, a senior user researcher at Google, and a product designer at Dyson. He’s also a best-selling author, a podcast host, and a public speaker. In today’s episode, we discuss:

    • Practical advice on integrating AI into your organization

    • Tips and tools for learning AI as a PM

    • Hilarious stories from Google and Facebook

    • How to build conviction with skeptical coworkers

    • Lessons learned from pricing at Intercom

    • How Intercom implemented JTBD

    —

    Brought to you by Eppo—Run reliable, impactful experiments | Hex—Helping teams ask and answer data questions by working together | HelpBar by Chameleon—The free in-app universal search solution built for SaaS

    —

    Find the full transcript at: https://www.lennyspodcast.com/what-ai-means-for-your-product-strategy-paul-adams-cpo-of-intercom/

    —

    Where to find Paul Adams:

    • X: https://twitter.com/Padday

    • LinkedIn: https://www.linkedin.com/in/pauladams/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Paul’s background

    (04:09) Freezing onstage in front of 8,000 people

    (07:28) Insights from Google+ days

    (12:31) Learning from failure

    (13:56) Intercom’s “ship fast, ship early, ship often” principle

    (15:17) Integrating AI into product strategy

    (17:31) Making time for AI learning

    (19:37) AI in new-product development

    (21:16) Questions to ask about your product

    (23:33) How Intercom pivoted after the release of ChatGPT

    (25:13) Intercom’s AI chatbot, Fin

    (26:45) The early impact of AI adoption at Intercom

    (28:53) Mind-blowing capabilities of AI

    (34:27) How to structure teams around AI products

    (37:57) Why all teams should be involved in AI

    (39:04) Staying up to date on emerging technology

    (42:44) Hurdles implementing AI at Intercom

    (45:52) Building conviction around AI

    (49:52) Why you shouldn’t fear AI

    (50:56) Paul’s “before-after” framework

    (51:54) Pricing lessons from Intercom

    (54:54) Paul’s “differentiation vs. table stakes” framework

    (59:22) What “swinging the pendulum” means and examples from Intercom

    (1:05:21) Paul’s “product market story fit” framework

    (1:08:23) His take on JTBD

    (1:11:01) How Intercom uses the “four forces” framework

    (1:12:54) Lightning round

    —

    Referenced:

    • Intercom: https://www.intercom.com/

    • The New ChatGPT Can “See” and “Talk.” Here’s What It’s Like: https://www.nytimes.com/2023/09/27/technology/new-chatgpt-can-see-hear.html

    • Fergal Reid on X: https://twitter.com/fergal_reid

    • Intercom’s AI chatbot, Fin: https://www.intercom.com/drlp/fin

    • Mark Zuckerberg: First Interview in the Metaverse | Lex Fridman Podcast #398: https://www.youtube.com/watch?v=MVYrJJNdrEg

    • Black Mirror “Joan Is Awful” episode: https://www.imdb.com/title/tt20247352/

    • Mission: Impossible on Prime Video: https://www.amazon.com/Mission-Impossible-Tom-Cruise/dp/B000X4IRE4

    • Anthropic: https://www.anthropic.com/

    • Claude: https://claude.ai/

    • Matt Rickard’s newsletter: https://substack.com/@mattrickard

    • OpenAI’s blog: https://openai.com/blog

    • The Rundown AI newsletter: https://www.therundown.ai/

    • Exponential View newsletter: https://www.exponentialview.co/

    • Google Bard: https://bard.google.com/

    • Rewind: https://www.rewind.ai/

    • The Three Horizons Framework: https://medium.com/fact-of-the-day-1/the-three-horizons-framework-9d7ac0fbea21

    • Sam Altman on X: https://twitter.com/sama

    • Tableau: https://www.tableau.com/

    • Kano model: https://www.productplan.com/glossary/kano-model/

    • The ultimate guide to JTBD | Bob Moesta (co-creator of the framework): https://www.lennyspodcast.com/the-ultimate-guide-to-jtbd-bob-moesta-co-creator-of-the-framework/

    • Hot takes and techno-optimism from tech’s top power couple | Sriram and Aarthi: https://www.lennyspodcast.com/hot-takes-and-techno-optimism-from-techs-top-power-couple-sriram-and-aarthi/

    • Outcome-Driven Innovation: JTBD Theory in Practice: https://jobs-to-be-done.com/outcome-driven-innovation-odi-is-jobs-to-be-done-theory-in-practice-2944c6ebc40e

    • The Four Forces Framework: https://thefourforces.com/four-forces-framework/

    • It’s Not How Good You Are, It’s How Good You Want to Be: https://www.amazon.com/Its-Not-How-Good-Want/dp/0714843377/

    • Principles: Life and Work: https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021

    • The Bear on Hulu: https://www.hulu.com/series/the-bear-05eb6a8e-90ed-4947-8c0b-e6536cbddd5f

    • “Terry (Olivia Colman) and Richie peel mushrooms” scene from The Bear: https://www.youtube.com/watch?v=f7D8THR_osU

    • The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change: https://www.amazon.com/Habits-Highly-Effective-People-Powerful/dp/0743269519

    • Guinness: https://www.guinness.com/

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    A step-by-step guide to crafting a sales pitch that wins | April Dunford (author of Obviously Awesome and Sales Pitch) Oct 22, 2023
    Show notes

    April Dunford is a speaker, mentor, podcaster, best-selling author, and beloved returning guest to the show. Last year, she joined me on the pod to discuss product positioning and differentiated value. Today, April offers invaluable insights from her latest book, Sales Pitch: How to Craft a Story to Stand Out and Win. We go deep on the art of effective pitching and selling, and April shares the specific framework she’s used to successfully pitch products at companies like Google, IBM, Postman, and Epic Games. Together we discuss:

    • Tactical advice on pitch creation and testing

    • Real-life examples of companies transforming their narratives into successful sales strategies

    • How to combat customer inaction

    • How to become your prospect’s guide in their buying journey

    • The importance of differentiated value

    • Marketing’s role in the process

    • Why you should avoid FOMO as a sales strategy

    • Tips for handling objections

    —

    Brought to you by Composer—the AI-powered trading platform | Eppo—Run reliable, impactful experiments | LinkedIn Ads—Reach professionals and drive results for your business

    —

    Find the full transcript at: https://www.lennysnewsletter.com/p/a-step-by-step-guide-to-crafting

    —

    Where to find April Dunford:

    • Website: https://www.aprildunford.com/

    • LinkedIn: https://www.linkedin.com/in/aprildunford/

    • Newsletter: https://aprildunford.substack.com/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) April’s background

    (03:46) Fixing poor positioning with storytelling at Help Scout

    (12:22) Pitch components: setup and differentiated value

    (14:13) Wrapping up the sales pitch

    (15:56) Handling objections effectively

    (19:13) Understanding buyer’s mindset and market perception

    (25:46) Avoiding FOMO as a sales strategy

    (29:28) Lenny’s stressful experience buying community forum software for Airbnb

    (31:04) Empowering champions within client businesses

    (34:36) Who this framework is useful for

    (36:38) Advice on working cross-functionally

    (38:59) Differentiated value defined with examples

    (44:16) Selling with calm confidence

    (46:19) Qualifying leads

    (48:31) April’s thoughts on category creation

    (53:05) Geoffrey Moore’s “bowling pin strategy”

    (55:21) Conclusion of the setup phase: sharing the perfect world

    (57:11) The follow-through: differentiated value with proof and objection refutation

    (1:00:21) Why sales pitches fail

    (1:01:30) Best practices for pitch testing

    (1:05:32) General timeline for positioning and pitch creation

    (1:06:50) Marketing’s role in the process

    (1:08:38) The impact of developing a killer sales pitch

    (1:10:39) Andy Raskin’s positioning framework

    (1:15:50) Lightning round

    —

    Referenced:

    •April Dunford on product positioning, segmentation, and optimizing your sales process: https://www.lennyspodcast.com/april-dunford-on-product-positioning-segmentation-and-optimizing-your-sales-process/

    • A Quickstart Guide to Positioning: https://www.lennysnewsletter.com/p/positioning

    • Obviously Awesome: How to Nail Product Positioning So Customers Get It, Buy It, Love It: https://www.amazon.com/Obviously-Awesome-Product-Positioning-Customers/dp/1999023005

    • Sales Pitch: How to Craft a Story to Stand Out and Win: https://www.amazon.com/Sales-Pitch-Craft-Story-Stand-ebook/dp/B0CHY6BNDN

    • Help Scout: https://www.helpscout.com/

    • Mastering Jobs Theory with Bob Moesta: https://www.positioning.show/mastering-jobs-theory-with-bob-moesta/

    • The ultimate guide to JTBD | Bob Moesta (co-creator of the framework): https://www.lennyspodcast.com/the-ultimate-guide-to-jtbd-bob-moesta-co-creator-of-the-framework/

    • Salesforce: https://www.salesforce.com/

    • Salesforce Completes Acquisition of Sales-Enablement Company LevelJump: https://www.salesforce.com/news/stories/leveljump-and-salesforce/

    • How to become a category pirate | Christopher Lochhead (author of Play Bigger, Niche Down, Category Pirates, more): https://www.lennyspodcast.com/how-to-become-a-category-pirate-christopher-lochhead-author-of-play-bigger-niche-down-category/

    • Siebel: https://docs.oracle.com/en/applications/siebel/index.html

    • Qualtrics: https://www.qualtrics.com/

    • Bowling Pin in Product Development: https://www.linkedin.com/pulse/bowling-pin-product-development-ashok-das/

    • Inside the Tornado: Strategies for Developing, Leveraging, and Surviving Hypergrowth Markets: https://www.amazon.com/Inside-Tornado-Strategies-Developing-Hypergrowth/dp/B000AAN4VM

    • The power of strategic narrative | Andy Raskin: https://www.lennyspodcast.com/the-power-of-strategic-narrative-andy-raskin/

    • La Product Conf: https://www.laproductconf.com/

    • Thiga: https://www.thiga.co/

    • The JOLT Effect: How High Performers Overcome Customer Indecision: https://www.amazon.com/JOLT-Effect-Performers-Overcome-Indecision/dp/0593538102

    • The Challenger Sale: Taking Control of the Customer Conversation: https://www.amazon.com/Challenger-Sale-Control-Customer-Conversation/dp/1591844355

    • The Challenger Customer: Selling to the Hidden Influencer Who Can Multiply Your Results: https://www.amazon.com/Challenger-Customer-Selling-Influencer-Multiply/dp/1591848156

    • Positioning: The Battle for Your Mind: https://www.amazon.com/Positioning-Battle-Your-Mind-Anniversary/dp/0071359168

    • Parasite on Amazon Prime: https://www.amazon.com/Parasite-English-Subtitled-Kang-Song/dp/B07YM14FRG

    • Snowpiercer on Netflix: https://www.netflix.com/title/70270364

    • Lamy AL-star fountain pen: https://www.amazon.com/Lamy-Al-Star-Fountain-Graphite-L26F/dp/B000R309UQ

    • Muji gel pens: https://www.amazon.com/Muji-Point-Black-0-38mm-Japan/dp/B01N8QNC59

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

    Scaling Duolingo, embracing failure, and insight into Latin America’s tech scene | Gina Gotthilf (Latitud, Duolingo) Oct 19, 2023
    Show notes

    Gina Gotthilf is a co-founder and the COO of Latitud, a startup platform supporting the next generation of iconic tech startups in Latin America. Previously, Gina led growth and marketing at Duolingo, which she helped grow from 3 million to 200 million users. She was recently named one of the 500 most influential people in all of Latin America by Bloomberg. In today’s episode, we discuss:

    • Behind the scenes of Duolingo’s early growth

    • How to balance the “A and B sides” of life

    • Stories from Mike Bloomberg’s presidential campaign

    • Lessons from Duolingo’s international expansion

    • Tactical tips for driving organic growth

    • How to use PR, brand love, and community as growth levers

    • Why Gina is passionate about investing in Latin America

    —

    Brought to you by Jira Product Discovery—Atlassian’s new prioritization and roadmapping tool built for product teams | Hex— Helping teams ask and answer data questions by working together | Mercury—the powerful and intuitive way for ambitious companies to bank

    —

    Find the full transcript at: https://www.lennyspodcast.com/scaling-duolingo-embracing-failure-and-insight-into-latin-americas-tech-scene-gina-gotthilf-la/#transcript

    —

    Where to find Gina Gotthilf:

    • X: https://twitter.com/ginag

    • LinkedIn: https://www.linkedin.com/in/ginafrombrazil/

    • Instagram: https://www.instagram.com/gina/

    —

    Where to find Lenny:

    • Newsletter: https://www.lennysnewsletter.com

    • X: https://twitter.com/lennysan

    • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

    —

    In this episode, we cover:

    (00:00) Gina’s background

    (04:34) The Vamos Latam Summit

    (07:22) Gina’s “A and B sides” framework

    (09:34) Her B side

    (16:27) Lessons from working on Mike Bloomberg’s presidential campaign

    (20:40) How Gina was able to 3x the conversion rate on a campaign site in one day

    (24:34) 4 areas Duolingo leaned into to have success in the difficult world of B2C subscriptions

    (36:39) B-side lessons from Duolingo

    (42:05) The importance of trusting your gut

    (44:54) Organic growth tactics and the importance of branding

    (48:01) What makes for remarkable branding

    (52:01) Duolingo’s process for keeping copy on-brand

    (52:45) How Duo’s passive-aggressive messages led to a movement

    (55:19) How Latitud uses niche humor as part of their branding

    (56:31) Duolingo’s TikTok

    (59:02) Lessons from internationalizing Duolingo

    (1:03:51) Why Gina was drawn to the tech industry in Latin America

    (1:09:26) What Latitud does

    (1:17:20) Opportunities in emerging markets

    (1:20:45) Lightning round

    —

    Referenced:

    • The Vamos Latam Summit 2023: https://www.latitud.com/vamoslatamsummit

    • Ben Horowitz on LinkedIn: https://www.linkedin.com/in/behorowitz/

    • Rappi: https://about.rappi.com/

    • Reed College: https://www.reed.edu/

    • Marcus Aurelius: https://en.wikipedia.org/wiki/Marcus_Aurelius

    • Mike Bloomberg’s website: https://www.mikebloomberg.com/

    • How Duolingo reignited user growth: https://www.lennysnewsletter.com/p/how-duolingo-reignited-user-growth

    • Burr Settles on LinkedIn: https://www.linkedin.com/in/burrsettles/

    • Nubank: https://nubank.com.br/en/

    • Navigating comms and PR | Lulu Cheng Meservey (Substack, Activision Blizzard): https://www.lennyspodcast.com/navigating-comms-and-pr-lulu-cheng-meservey-substack-activision-blizzard/

    • 47 Duolingo Memes That Are Equal Parts Funny and Extremely Concerning: https://www.buzzfeed.com/kellymartinez/duolingo-memes-jokes

    • Latitud: https://www.latitud.com/

    • Brian Requarth on LinkedIn: https://www.linkedin.com/in/brianrequarth/

    • On Deck: https://www.beondeck.com/

    • Leadsales: https://leadsales.io/en/crm-for-whatsapp/

    • Pomelo: https://pomelo.la/latam/

    • The Design of Everyday Things: https://www.amazon.com/Design-Everyday-Things-Revised-Expanded/dp/0465050654

    • Man’s Search for Meaning: https://www.amazon.com/Mans-Search-Meaning-Viktor-Frankl/dp/1663607982/

    • Succession on HBO: https://www.hbo.com/succession

    • The Rehearsal on HBO: https://www.hbo.com/the-rehearsal

    • The White Lotus: https://www.hbo.com/the-white-lotus

    • Bo Burnham: Inside: https://www.netflix.com/title/81289483

    • “How is the best-case scenario Joe Biden?” song: https://www.youtube.com/watch?v=ltg9ohuh0KM

    • How to with John Wilson on HBO: https://www.hbo.com/how-to-with-john-wilson

    • Viome: https://www.viome.com/

    • Levels: https://www.levelshealth.com/

    • Andrew Chen’s blog: https://andrewchen.com/

    • The ship of Theseus: https://www.philosophy-foundation.org/enquiries/view/the-ship-of-theseus

    • Gina Gotthilf on20VC: https://www.youtube.com/watch?v=_M7XsTicrY0

    —

    Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

    —

    Lenny may be an investor in the companies discussed.


    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

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