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Product Management 101 Essentials

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Questions and Answers

What was the author's first product as a PM?

Gmail (correct)

Twitter

Instagram

Facebook

What feedback did the author receive about their strategic skills?

"Needs to improve communication with the team"

"Needs to move faster and take more risks"

"Lacks vision and isn't strategic" (correct)

"Should focus more on technical skills"

What was a major hurdle the author faced in becoming more strategic?

Lack of technical skills

Struggle with humility and growth mindset (correct)

Difficulty in understanding market trends

Inability to communicate effectively with the team

What is the PM role described as in the text?

A combination of art and science Signup and view all the answers

What does the author aim to provide in the text?

A basic framework for product strategy Signup and view all the answers

What does the author emphasize as important in mastering PM skills?

Embracing a growth mindset Signup and view all the answers

What is strategy according to the text?

An intentional plan with priorities that guides us to a goal Signup and view all the answers

What was the success metric for the Gmail team mentioned in the text?

Active users on the platform Signup and view all the answers

Why does the text mention that existing users' feedback generally leads to incremental growth?

Because existing users seek incremental improvements rather than revolutionary changes Signup and view all the answers

What does the text suggest is a dangerous strategy when it comes to developing a roadmap?

Building a roadmap based solely on key stakeholders' requests Signup and view all the answers

What is emphasized in the text as being essential for forming a good strategy?

Long-term perspective and a strong opinion about what the world should be Signup and view all the answers

Why is it important to avoid being short-sighted when defining success?

To prevent missing major opportunities for innovation Signup and view all the answers