Main takeaways:
- Understand some of the differences between Product Management in a startup vs a larger enterprise
- Key skills essential for PMs working in a startup
- Key skills essential for PMs working in a larger enterprise
21. Start Up PM
● Often the first product hire
● May or may not have a product development team
● Relationship with founder is critical to success
22. Start Up PM
● Expect to be a PM, Customer support agent, Tester, Marketer
● Ruthless prioritisation - limited runway and need to focus on
delivering the most impact
● Lean, Lean, Lean! Don’t build to scale if it eats up all your runway
and you don’t ship anything!
24. Scaling PM
● Switch in focus to process and structure
● Emphasis on hiring and developing product team
● Scaling and optimisation becomes more important
25. Scaling PM
● Need to bring in experienced hires - Netflix / Monzo
● Teams based around objectives / key results
● Branching out to new countries / markets
27. Enterprise PM
● Large product org - many stakeholders and lines of
communication
● Mature product
● Specialist roles and support functions
28. Enterprise PM
● Emphasis on owning P / L
● Need to be able to build support across a wide org - diplomatic at
times
● Competing for resources - need to be competent at selling
constantly
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Often only a handful of people involved in the startup
Product responsibilities handled by the founder typically
May be self funded or have a small amount of seed funding at this stage
Think companies working out of an incubator or similar
Often after first major set of funding, perhaps series A of large seed round
More people in company, Founder / CEO can’t just focus on product
Need to make a first product hire
Quite often the first PM in the company
Multiple product teams, potentially multiple leaders
Expansion to new markets / categories
Potentially new product lines
Doubling in head count quite often - need to bring additional experience to help scale. Monzo example, Netflix
Enterprise - mature product and many teams / initiatives
Lots of communication lines
Very specialised functions quite often vs smaller product environments
May have researches, analysts, automation testers, scrum masters etc
Multiple product teams, potentially multiple leaders
Expansion to new markets / categories
Potentially new product lines
Doubling in head count quite often - need to bring additional experience to help scale. Monzo example, Netflix
Multiple product teams, potentially multiple leaders
Expansion to new markets / categories
Potentially new product lines
Doubling in head count quite often - need to bring additional experience to help scale. Monzo example, Netflix
Multiple product teams, potentially multiple leaders
Expansion to new markets / categories
Potentially new product lines
Doubling in head count quite often - need to bring additional experience to help scale. Monzo example, Netflix