This week, I reflect on the wild year this newsletter has had, and share a bit about what's coming next. See thread for summary.
I've also taken the opportunity to collect the top posts and tweets from the year, plus my favorite mother-in-law takeaways 🥰 lennyrachitsky.com/p/2020-year-in…
1. A post every week of the year 2. 700% YoY growth 3. Launched a paid plan 4. Launched the private Slack community (one of my proudest achievements) 5. Added a second weekly email highlighting the top advice from the community, curated by @KiyaniBba
4/ Coming next year
1. More in-depth deep dives, including a “grand unified theory of growth” 2. A live online course for new product managers 3. A personally curated guide of the best resources for anything product, growth, startups, working with humans, and more
...
4b/ (continued)
4. More investment in the community, including a regular cadence of fireside chats with the most interesting people in growth, product, and startups
5. And generally, more of the same: actionable and concrete advice delivered to you weekly
I'm really excited to finally share the results of a survey I've been working on for months, looking into how the Product Manager role differs across the industry. With nearly 1,000 survey responses across 600 companies, the results are illuminating 👇 lennyrachitsky.com/p/product-mana…
1/ What skills are most valued when hiring a PM, across the top 50 companies I got responses from
2/ What PMs have to get most right to get promoted
SEO experiments are fundamentally different from typical A/B experiments because they need to test changes on a "page" level, vs. a "user" level. Below are five tips for running SEO experiments, courtesy of @fanfavorite_bta
1/ What kind of SEO experiments can I run?
Anything your heart desires, as long as it’s an on-page change. If you want to test your title tags, meta tags, or image alt – run wild. However, if you want to measure changes with internal linking, that’s a whole different beast.
2/ What should I measure with SEO experiments?
Organic traffic. Nothing else.
You’ll likely want to measure other things experimentally, but unfortunately, it will not work, including:
• Keyword rankings
• Average ranking
• Search Engine Result Page Clicks
• Conversions
From day one, Airbnb has been a company obsessed with culture, values, and quirky rituals. This helped with hiring, move quickly when opportunities arose, and also overcoming adversity.
@bchesky is (in)famous for doubling our proposed goals and often pushing us to 10x our goal. This ambitious approach pushed teams to think bigger, and at the end of each year we were often shocked at how close we came to hitting those goals.
One of my biggest surprises from researching B2B growth is that 100% of successful bottom-up B2B companies eventually add a sales team. It's not a question of if – it's a question of when and how.
Below are my fav 5 tips from @Kazanjy for setting this transition up for success👇
1/ First, do sales yourself. As a foremost expert in the problem space, you’re best positioned to have the first few dozen sales conversations.
Later on, these sales tasks will be handed to a specially hired salesperson but only after the initial motion has been roughed out.
2/ To get a sense of the need for a full-time salesperson, add a “Contact Us” or “Contact Sales” CTA to your home page in a place that wouldn't distract the user from self-sign up. Watch for inbound requests asking for large-company-type needs (e.g. SOC 2, consolidate billing)