Trying to Product

Parv Sondhi and Alex Cox
Trying to Product

We are two silicon valley Product managers who broke into product a few years ago, and we know how messy it can be so we’re here to talk about all the ups and downs of being a PM. It’s not always straightforward but we’re here to figure it out together.

  1. 05/02/2023

    How to Pick your Next Company as a Product Manager

    Product managers are in high demand because of their ability to spark change across a wide range of industries and business models thanks to their broad grasp of technical, commercial, and design skills. The real difficulty is choosing which one to work for. Key Highlights [00:03:03] Today’s topic: How to pick a company as a product manager [00:04:14] How choosing a company has changed over the years for both Parv and Alex [00:16:31] Key things that stand out for product manager before joining a company [00:24:34] The pathway and the growth piece around PMs when joining a company [00:32:40] Red flags for PMs when choosing a company [00:38:49] Quick optimizers before choosing a company Notable Quotes The biggest way to unblock myself in PDR writing is by putting something down on paper and getting started. Whatever it is, whatever you have in your mind, write it down, whether it's a paragraph or a page.As a mature individual, the way you think about picking the company also stems from learning more or being on the job more and figuring out what you actually enjoy.The scope is the breadth of responsibility you have across a particular aspect of the product.Learning is such a personal factor that's so different for everyone. Each one has a different definition of learning, but it's still key to your overall growth in a career.Your biggest chance of becoming financially free in Silicon Valley is not to work at a bank; it's typically actually to work in a late-stage startup, an IPO, or have some big exit.One of the things I was thinking about was that it's important when I join a company that there is an acknowledgment of what the growth looks like in your role, especially for a PM, given how ambiguous it is.The growth piece around PMs when joining a company is less important as much as the learning.When you think about where you want to work, it's not just where you're working at the moment and a few years down the road; it's eventually; how does that fit into your actual narrative of where you want to be?One thing I've just learned may come from a hint of the privilege there, but I feel everyone should try everything.As a PM, it's so varied across different types of companies and industries that the more you try, the more you figure out what works for you as a PM.PM is like a good jumping-off point because it allows you to see a lot of different roles and play in those areas of different roles like marketing, engineering, and design, so you’re ultimately able to learn all these different disciplines and then see if you want to keep climbing that product manager ladder, or you want to do change careers or switch things up. So it gives you much flexibility that I think many other paths don't. To Connect with Parv: Twitter:https://twitter.com/ParvSondhi   LinkedIn:https://www.linkedin.com/in/parvsondhi/  To Connect with Alex: Twitter: https://twitter.com/alexcox245   Email: alex@alexcreates.me

    50 min
  2. 04/25/2023

    Decoding the Product Management Career Ladder

    Where do companies position specific skill sets on their ladder? What does the career ladder look like for PMs? It's a topic that can be ambiguous, and the role of PMs can be structured differently in different companies. Level 3 PM in one company could have a completely different role or level compared to a Level 3 PM in another company, one might actually be the equivalent of an L4 or L5 in another company, but it can be difficult to know for sure. It's important to understand your level and clearly understand the expectations and requirements of the position you are applying for. It's also important to communicate with your interviewer or recruiter early in the process to ensure that you are being considered for the appropriate level role. Mis-leveling can lead to disappointment, frustration, and wasted time for both the employee and the employer; therefore, it's crucial to have clear and open communication to avoid confusion and misalignment of expectations. While there is no set rule for transitioning into product management, it ultimately depends on the company and its role. However, this chat may provide some insight for listeners on potential paths based on their experience. Please stay tuned! Key Highlights [00:00:30] This week’s topic: Levels of product management [00:03:28] Levels of product management [00:05:47] First level: L3 [00:08:33] Junior PM level of product management [00:11:02] Second level: L4 [00:12:46] Third level: L5 [00:15:59] Required skill set for L4 & L5 managers [00:17:15] Senior PM level of product management [00:20:59] Individual Contributors and Product Managers [00:21:39] Fourth level: L6 [00:27:44] Director level [00:32:40] VPs and Senior VPs [00:37:29] Recap of the levels of product management  Notable Quotes From what I've heard from people in the APA programs, I’m jealous. It sounds like a lot of fun because it’s like the best of the PM life, but none of the stresses of the PM life.The difference between being a Level 4 and Level 5 employee is not only about years of experience but also depends on the company and how well you perform in the interview process. So, the line between Level 4 and Level 5 is very blurry.When you think about the roles of a Project Manager (PM) and Senior Project Manager, you may be looking at employees from Level 4 to Level 6 and potentially looking at spending years between those three levels.The Project Manager (PM) ladder is a bit different in the management track because PMs have a lot of leverage, so there is not a need for many PMs to handle a lot of tasks, even on large websites.A potential use case for Principal Project Managers is managing more critical things in terms of complexity and impact but still within the boundaries of their product or zone.The stress increases as you move up the ladder. It may be linear or like a stepwise function, where each new level increases the stress by a certain amount.As a PM, you have more guidance on direction and strategy and are confined to improving a subset of the product. However, problem statements become more ambiguous and open-ended as you move up to higher levels.The role of a CEO is to handle the most critical issues that others cannot solve. They are the final point of escalation for problems and are responsible for figuring out how to solve them. Resources: Podcast website: https://www.tryingtoproduct.com/ To Connect with Parv: Twitter:https://twitter.com/ParvSondhi   LinkedIn:a href="https://www.linkedin.com/in/parvsondhi/" rel="noopener...

    40 min
  3. 02/07/2023

    Failure As a Product Manager

    Failure as a Product Manager Failure is inevitable and is part of the process of being a product manager and it isn't fatal, but the failure to change might be. In fact, there's more to learn from failure. In today's episode, Parv and Alex straighten out on failures as a product manager. Tune in as the two savvy product managers share insightful reflections, show you how to internalize learnings, recover from failure in style and use them as building blocks for your next project. Join Parv and Alex as they chat about: What constitutes a failure to them as product manager [1:39]Micro and macro failures as a product manager [4:50]Some of the major reasons why a product manager is likely to fail [7:20]Valuable approaches and strategies to handling failure [22:56]Pulling away from the tendency to focus more on the solution rather than the actual underlying problem How to bounce back highly and from failure [30:10] … and so much more!  To Connect with Parv: Twitter:https://twitter.com/ParvSondhi  LinkedIn:https://www.linkedin.com/in/parvsondhi/  To Connect with Alex: Twitter: https://twitter.com/alexcox245  Email: alex@alexcreates.me Quotes: But examine what went wrong. Was it a wrong assumption? Was it the wrong problem you're focusing on? Was it just that different sorts of stakeholders needed more alignment? Just take that chance for the moment to dive deep into it, figure out where some of the mistakes happened, and then use that as a building block for your next project. The easiest way to avoid failure is probably just to meet expectations. But it's also the saddest way to get anything done. There's an art to it.

    33 min
  4. 09/27/2022

    Burnout and Product Management

    Burnout and Product ManagementAs human beings, we can only handle so much. At times issues accumulate in our workplaces that lead to burnout. It could be prolonged working hours, lack of resources or support, and loneliness, among other causes. These burnouts go beyond physical or emotional exhaustion and can be detrimental. For this reason, it is always important to look out for signs that indicate you are on the brink of burnout so that you can take a step back and reassess everything. This episode covers the burnout you may encounter as a PM, their causes, and how to deal with them. In addition, we also share some of our burnout experiences, what may have caused them and how we avoided or overcame them. Tune in to learn this and more! Key Highlights[1:05] Burnouts in startups [1:43] Burnout in large companies [4:14] Causes of burnouts [7:29] Rewards [9:50] The community [10:57] Parv's burnout [14:10] Mismatch of organizational values and personal values [16:48] Alex's burnout and how he went about it [21:10] Taking a step back and reassessing [22:54] The cost of burnout [25:00] How Parv handled his burnout [26:00] When it's worth risking burnout to achieve some objective [27:49] Burnouts from the pandemic [29:59] Keeping an eye on potential signs of burnout Notable QuotesThe PM role itself is just so ambiguous regarding what needs to be done.- ParvAs product managers, one of the biggest things we have to learn is delayed gratification. There is no immediate access or reward for the type of work that you're doing. - ParvA lack of tangible reward at the end can sometimes make you feel as if your effort hasn't been worth it. - ParvAs a PM, sometimes you are left alone until you're needed or until you need to specify a requirement or clarify a question that can feel lonely and can add up and eventually lead to burnout. - ParvIt's always important to take a step back and realize if the problems you're asked to work on aligning with some of the issues you as an individual also want to address. And that sometimes can solve many other issues that stem from a stressful work environment. - ParvBurnout also is comorbid with depression. - AlexSometimes you can go headlong into it, knowing you're probably going to burn out. But it might be worth it for whatever your goal is. - AlexWith each win, there's a moment to celebrate, take a step back, relax, and focus on the downside of that time. - ParvPandemic has led to encroachment into personal time. - ParvAlways be aware of your mental state, whether you are on the brink of burnout, and things that might be signs of burnout.- Parv Resources Connect with Parv: Twitter: https://twitter.com/ParvSondhi Connect with Alex: Twitter: https://twitter.com/alexcox245 Email: alex@alexcreates.me Send us Questions Email: mail@tryingtoproduct.com

    31 min

Ratings & Reviews

5
out of 5
4 Ratings

About

We are two silicon valley Product managers who broke into product a few years ago, and we know how messy it can be so we’re here to talk about all the ups and downs of being a PM. It’s not always straightforward but we’re here to figure it out together.

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