5 lessons to help you transition into product management

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5 LESSONS TO HELP YOU TRANSITION INTO PRODUCT MANAGEMENT JONATHAN LAI

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Page 1: 5 lessons to help you transition into Product Management

5 L E S S O N ST O H E L P Y O U T R A N S I T I O N I N T O P R O D U C T M A N A G E M E N T

J O N A T H A N L A I

Page 2: 5 lessons to help you transition into Product Management

We do not rise to the level of our expectations, but instead fall to the level of our preparation.

Page 3: 5 lessons to help you transition into Product Management

your destination

your story

networking

books, blogs, and more

the case study

experimenting

Page 4: 5 lessons to help you transition into Product Management

1. your story

Page 5: 5 lessons to help you transition into Product Management

“There is no failure really. Only feedback.”

Lots of interviews

Page 6: 5 lessons to help you transition into Product Management

“know thyself”

Page 7: 5 lessons to help you transition into Product Management

W H AT K I N D O F P M D O Y O U W A N T T O B E ?

Corporate Startup

Building Scaling

Internal External

Design Marketing

Page 8: 5 lessons to help you transition into Product Management

W H Y D O Y O U W A N T T O B E A P M ?

• You love uncertainty

• You identify “problems” at every turn

• Tinkering is in your DNA

• You keep Evernote entries for random business ideas

• You prioritize ruthlessly and can defend each decision

• You enjoy talking to users and getting feedback

• You think about features, benefits, and ROI

Page 9: 5 lessons to help you transition into Product Management

W H Y S H O U L D X Y Z TA K E A C H A N C E O N Y O U ?

1. What relevant PM skills do you ALREADY have?

2. What relevant industry experience do you already know / can learn about?

3. How does your personality jive with their culture?

Page 10: 5 lessons to help you transition into Product Management

How well can you articulate your key messages*? *the essence of what you want to communicate

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2. networking

Page 12: 5 lessons to help you transition into Product Management

M I S C O N C E P T I O N S

Page 13: 5 lessons to help you transition into Product Management

speed dating…

Page 14: 5 lessons to help you transition into Product Management

quizzes…

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groups only…

Page 16: 5 lessons to help you transition into Product Management

W H AT I G O T O U T O F I T

• Met some great people

• Learned about what they do (and evaluated if it was something I wanted to do)

• Practiced telling my story / key messages

• Discovered and interviewed at companies that I might not have come across on my own

Page 17: 5 lessons to help you transition into Product Management

R E S O U R C E S

Share product/startup stories, network, and learn valuable lessons from seasoned product veterans

A weekly newsletter that highlights the upcoming events / classes in NYC

Page 18: 5 lessons to help you transition into Product Management

M I N D S E T

1. A networking event is worth it if…

• I learn one new thing

• I hear one thing I’ve already learned

• I meet one new person

2. How can I help the other person?

Page 19: 5 lessons to help you transition into Product Management

3. books and blogs and more

Page 20: 5 lessons to help you transition into Product Management

B O O K S

Page 21: 5 lessons to help you transition into Product Management

B L O G S

creating passionate users: headrush.typepad.com/

dave mcclure: 500hats.com

paul graham: paulgraham.com

Page 22: 5 lessons to help you transition into Product Management

… A N D M O R E ( S TA R T U P C L A S S . C O )

Page 23: 5 lessons to help you transition into Product Management

… A N D E V E N M O R E

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4. case study

Page 25: 5 lessons to help you transition into Product Management

M I S C O N C E P T I O N S

Page 26: 5 lessons to help you transition into Product Management

idea theft…

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perfection required…

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actually…

it’s all about the framework!

Page 29: 5 lessons to help you transition into Product Management

F L AV O R O F T H E M O N T H

• What is your favorite product? Why?

• How would you improve XYZ product?

• Imagine you are a PM at XYZ company. Here is the scenario. What would you do next?

• How does the internet work?

Page 30: 5 lessons to help you transition into Product Management

F O R M AT O F T H E M O N T H

• Q&A during the interview

• Take home assignment

• Whiteboard walkthrough session

Page 31: 5 lessons to help you transition into Product Management

M Y F R A M E W O R K

1. What is the problem?

2. Who are you solving the problem for (and who are you not solving it for)?

3. Define a solution

4. Define the risks and assumptions for each solution

5. Validate each risk / assumption (MVP’s)

Page 32: 5 lessons to help you transition into Product Management

5. experiment

Page 33: 5 lessons to help you transition into Product Management

M I S C O N C E P T I O N S

Page 34: 5 lessons to help you transition into Product Management

everything worth doing has already been done…

Page 35: 5 lessons to help you transition into Product Management

billion dollars or bust…

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No team, no go…

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too much work too little time…

Page 38: 5 lessons to help you transition into Product Management

A S A M P L I N G O F E X P E R I M E N T S

1 min / day

10 min / day

30 min / day

1 hr / day

@centralpark_pics

Rejection therapy

Read together

Learn to program

Page 39: 5 lessons to help you transition into Product Management

W H AT I G O T O U T O F I T

• Test drive the day-to-day work of a product manager

• Learn new skills

• Practice, practice, practice!

• Build a portfolio

Page 40: 5 lessons to help you transition into Product Management

what are YOU willing to do?

Page 41: 5 lessons to help you transition into Product Management

• learn to code / design / market

• write about your own lessons

• work on a side project

• practice case studies

• refine your key messages

• read about product

• attend / help out with networking events

Page 42: 5 lessons to help you transition into Product Management

T R I B E O F F I V E

B E T T E R @ T R I B E F I V E . M E

B E T T E R T O G E T H E R , O N E D AY AT A T I M E .

Page 43: 5 lessons to help you transition into Product Management

Upcoming Courses

New York

Apply Atwww.productschool.com

www.productschool.com

October Cohort Weekdays: October 18th Weekends: October 15th

Page 44: 5 lessons to help you transition into Product Management

www.productschool.com

Upcoming Workshops

Rsvp On Eventbrite

August 24: Inside the world of a B2B Product Manager

August 31:Product Managers - What to know about Mobile Analytics and Engagement

Sept 7: Product Management Course - Info Session

Sept 14: Product Management Happy Hour