Lenny's Podcast: Product | Career | Growth - How to be the best coach to product people | Petra Wille (Strong Product People)

Episode Date: November 27, 2022

Petra Wille is an independent product leadership coach who’s been helping product teams expand their skill sets since 2013. She’s also the author of Strong Product People, which she published in 2...021. Alongside her freelance work, Petra curates and co-organizes Mind The Product Engage Hamburg. She started her career as a software developer and in 2008 went to work at Xing, a German social media site, where she learned from two incredible product leaders: Marty Cagan and Jason Goldberg. In today’s podcast, we talk about Petra’s book, and how to help your team grow as a product leader. Petra also shares how to improve your storytelling skills, get better at public speaking, and why community is so important for product managers.—Find the full transcript here: https://www.lennysnewsletter.com/p/how-to-be-the-best-coach-to-product—Where to find Petra Wille:• Twitter: https://twitter.com/loomista• LinkedIn: https://www.linkedin.com/in/petra-wille-b8b1329/?originalSubdomain=de• Website: https://www.petra-wille.com/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• Twitter: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—Thank you to our wonderful sponsors for making this episode possible:• Flatfile: https://www.flatfile.com/lenny• Mixpanel: https://mixpanel.com/startups• AssemblyAI: https://www.assemblyai.com/?utm_source=lennyspodcast&utm_medium=podcast&utm_campaign=nov27—Referenced:• PMwheel framework: https://www.strongproductpeople.com/pmwheel• Marty Cagan’s assessment: https://www.svpg.com/coaching-tools-the-assessment/• PM Daisy: https://pmdaisy.com/• The Eisenhower matrix for prioritization: https://www.productplan.com/glossary/eisenhower-matrix/• Continuous Discovery Habits: Discover Products that Create Customer Value and Business Value: https://www.amazon.com/Continuous-Discovery-Habits-Discover-Products/dp/1736633309• Mochary Method Curriculum: https://docs.google.com/document/d/18FiJbYn53fTtPmphfdCKT2TMWH-8Y2L-MLqDk-MFV4s/edit• Matt Mochary on Lenny’s podcast: https://www.lennyspodcast.com/videos/how-to-fire-people-with-grace-work-through-fear-and-nurture-innovation-matt-mochary/• Hans Rosling’s Ted talks: https://www.ted.com/speakers/hans_rosling• Sarah Kay: If I should have a daughter: https://www.ted.com/talks/sarah_kay_if_i_should_have_a_daughter?• Nobody Wants to Read Your Sh*t: Why That is and What You Can Do About It: https://www.amazon.com/Nobody-Wants-Read-Your-Sh-ebook/dp/B01GZ1TJBI• Selling the Dream: https://www.amazon.com/Selling-Dream-Guy-Kawasaki/dp/0887306004• Nancy Duarte’s website: https://www.duarte.com/• The 72 Rules of Storytelling: https://www.linkedin.com/pulse/72-rules-commercial-storytelling-jeremy-waite/• The Art of Thinking Clearly:https://www.amazon.com/Art-Thinking-Clearly-Rolf-Dobelli/dp/0062219693• Outcomes Over Output: https://www.amazon.com/Outcomes-Over-Output-customer-behavior/dp/1091173265• Martin Erickson’s Decision Stack: https://martineriksson.com/the-decision-stack• Present Yourself Kickstarter: https://www.kickstarter.com/projects/womentalkdesign/present-yourself-a-public-speaking-book• The Product Experience podcast: https://www.mindtheproduct.com/the-product-experience/• Product podcast in German: https://www.produktmenschen.de/• Watch New Amsterdam on Peacock: https://www.peacocktv.com/stream-tv/new-amsterdam• Harvest bookkeeping and time tracking: https://www.getharvest.com/• Qanto: https://qonto.com/en—In this episode, we cover:(03:35) Petra’s background(05:51) The things leaders of product teams don’t always understand(09:33) Why Petra wrote the book Strong Product People to help managers of product teams (11:21) The five ingredient coaching method(17:00) Why Petra usually recommends starting coaching with a development plan(19:31) Why weekly time should be carved out for ‘people development’(21:16) How to define a competent PM in your organization and tools to help you(24:06) Petra’s PM Wheel and how she developed it(27:36) Other info product leads will find useful in Petra’s book(30:46) Tips for coaching your team(35:17) How to improve your storytelling(40:56) How to get better at public speaking(44:45) Why it’s important to develop good storytelling and public speaking skills (53:36) The importance of a community of practice for product people(56:14) Why people tend to stick around when they are supported and growing in a community(57:53) What to look for in a community(1:06:48) Lightning round—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe

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Starting point is 00:00:00 getting promoted is way harder if you're not good in telling stories and running the team behind the shared goal and all these kind of things. And you usually achieve this through good storytelling techniques. And in some teams, I've seen the product person not being really, really good at it, but then the whole team helped creating these stories and stuff like this. So you definitely could compensate to some extent. But I would consider it a bit of a career staller if you don't get to a decent level of storytelling. to a decent level of public speaking. Welcome to Lenny's podcast.
Starting point is 00:00:37 I'm Lenny, and my aim here is to help you get better at the craft of building and growing products. Today, my guest is Petra Velae. Petra is an independent product leadership coach and author of Strong Product People. And for the past 10 years, she's been helping product teams boost their skill sets and up their game.
Starting point is 00:00:55 Alongside her freelance work, Petra organizes events in Hamburg, Germany, where she's based and does a ton of one-on-one coaching and speaking and writing. In a conversation, we focus on three things. One, how to become the best coach for PMs, which is really important if you're a new PM manager and even if you're not a new manager. Two, how to become a better storyteller and why that's important for leaders at every stage of their career.
Starting point is 00:01:20 And three, why finding a PM community is so valuable and how to go about finding one. Petra is awesome and it was such a fun chat. And so with that, I bring you Petra Vela. Hey, Ashley, head of marketing at Flatfile. How many B2B SaaS companies would you estimate need to import CSV files from their customers? At least 40%. And how many of them screw that up? And what happens when they do?
Starting point is 00:01:45 Well, based on our data, about a third of people will consider switching to another company after just one bad experience during onboarding. So if your CSV importer doesn't work right, which is super common, considering customer files are chopped full of unexpected data and formatting, they'll leave. I am zero percent surprised to hear that. I've consistently seen that improving onboarding is one of the highest leverage opportunities for both sign-up conversion and increasing long-term retention. Getting people to your aha moment more quickly and reliably is so incredibly important. Totally. It's incredible to see how our customers like Square, Spotify, and Zora, are able to grow their
Starting point is 00:02:25 businesses on top of Flatfile. This is because flawless data onboarding acts like a catalyst to get them and their customers where they need to go faster. If you'd like to learn more or get started, check out Flatfile at Flatfile.com slash Lenny. This episode is brought to you by MixPanel offering powerful self-serve product analytics. If you listen to this podcast, you know that it's really hard to build great product without making compromises. I'm going to comes to using data, a lot of teams think that they only have two choices. Make quick decisions based on gut feelings or make data-driven decisions at a snail's pace. But that's a false choice. You shouldn't have to compromise on speed to get product answers that you can trust.
Starting point is 00:03:09 With Mixpanel, there are no trade-ops. Get deep insights at the speed of thought at a fair price that scales as you grow. Mixpanel builds powerful and intuitive product analytics that everyone can trust, use, and afford. Explore plans for teams of every size and see what Mixed Petspanel can do for you at mixpanel.com. And while you're at it, they're hiring. Check out Mixpanel.com to learn more. Petra, thank you for being here. Welcome to our little podcast.
Starting point is 00:03:39 Hi, Lenny. Such an honor to be on a Friday night. Friday night, your time, Friday morning, my time. Thank you for making the time. Of course. You're a product leadership coach. Can you just talk about what you do as a product leadership coach? And then also just a bit about the numbers of PMs you've
Starting point is 00:03:56 worked with, number of companies you worked with, the kind of impact you had, just to kind of sell a little bit of context in your background. How I usually describe is that I work with people leading product people. So that's the product leadership level that I'm looking at. So that might be a CPO and a smaller startup or a product director, product team. These are the folks that I'm usually working with for the last four years, I'd say. And before of that, I coach product managers. So I see level product folks.
Starting point is 00:04:22 And before of that, I did a lot of product discovery coaching for teams and whole product organizations. And you were asking about how many people I may have influenced. That's a real hard question, so to say. So in one-on-one coaching, that's what I know. I coached around 130 people so far over the last few years, which is already a lot. Most of them have, yeah, 10 to 20 sessions with me. some really stick with me over the years, so they have more sessions. So that's that.
Starting point is 00:04:55 And then I have group coaching sessions in corporate and in public setups. And that's, I would say, another 150. And it's all product leads. So usually those people are working with a team of 10 product people. And there are some ripple effects. So I think I have an impact on their lives as well, if I're coaching their boss or the line manager, so to say. Plus the teams that I work with as a discovery coach, plus the people that read my book
Starting point is 00:05:18 and hopefully are using some of the techniques. And in the end, yeah, I did a bit of the math. And I think it might be around 50,000, 60,000 people. If we look at it from the product leadership to IC level structure, yeah, that might be the impact. So that's a pretty impressive number. Wow, that is an impressive number. And I always love chatting with folks that do the kind of work you do because there's such a unique insight into working one-on-one with PMs that are trying to get better. And understanding, like, what trends are happening across PMs at different companies and different countries.
Starting point is 00:05:50 and things like that. So I'm excited to dig into a bunch of stuff. The other thing that I love about where you're focused, there's a lot of people that focus on ICPMs, and there's a lot of people that focus on senior leaders, VP, CIPOs. And I love that it feels, and correct me from wrong, but you kind of focus on this middle layer of like first-line managers, directors, which I feel like is often the most important and influential layer of a company
Starting point is 00:06:13 because they're the ones doing a lot of the work and making a lot of the decisions day-to-day. That is the case plus, at least with a lot of clients that I'm working with, They are not trained product people. So they often come from a marketing background or a business background or from the data background, so to say, or the engineering background. But they often never have worked in a product management role. So they are missing a lot of basic product management practice and a lot of empathy for the struggle of their product people to some extent. Plus, how should you help people grow if you have no clue of what they,
Starting point is 00:06:50 their role actually is all about. So that's what I actually like to help them with, to get this clarity on a strong compass, how the best product organizations and product managers should be working. Just to go a little bit on that tension, because that's an interesting point you just raised. When you work with folks that are not product people and that end up leading product people and trying to better product, what's the thing they lack most, like the skill or the understanding of product? If you had to think of one or two things that these people like, okay, they totally miss
Starting point is 00:07:20 this part about product management, about building product? One thing that that made me sense out the most is I see product people on the IC level have to go through some of the struggles on their own, even if our product community has some best practices to it. Because as the line manager has no clue about the product community out there and the craft of product management, they often struggle to point them in the right direction to say like,
Starting point is 00:07:49 hey, I think that's a problem somebody else already had. So maybe you could watch a talk or read this blog post or there's a book about this particular thing and then go try it. So that's the first thing. So product people I see level often have to learn a lot of things on their own, so to say, because nobody's curating their progression for them to some extent. So that is one thing. And then I use this metaphor of the eight-legged creature because people tend to talk about T-shaped employee profiles. But T-shaped is so not enough for a product person, right?
Starting point is 00:08:23 We want them to understand underlying problems of the business and the users, finding solution for those, getting things out of the door with the team, doing a lot of product discovery, looking at the data, how people are using it, iterating on the products. So there's so many things that we want them to be good at and to understand that and the complexity that the role actually brings with it. That's sometimes hard for people that have never worked as a product person to really understand.
Starting point is 00:08:51 So, yeah, if I would need to pick two things, then that's maybe the two biggest differences. My first one is such a great one. It comes up a lot on these chats of just how much of getting better product is just doing it. You can read all the books. You can take all the courses. You can read my newsletter.
Starting point is 00:09:06 You can read your book, which we'll talk about. But there's only so far you'll get without actually just doing it and just like failing, doing great things that succeed. And it takes years, right? It's not like something you'll do six months. All right, I'm feeling really good about being a product manager. Yeah, I totally agree. I so often have said the sentence of it's not a role. It's a career being in product. And really, there's so many things to learn and so many things to get good at. Yeah, I totally agree. Yeah, crazy ass role. Speaking of your book, you wrote a book, it's about product, you wrote a book. We're going to touch on some of the things you wrote in the book. But can you just briefly describe the book that you wrote, who it's for what it's about? It's quite a niche book, right? So it's focusing on people managing product. People, so product leads. And then the people development, part. of their job. So it's not another book talking about how to come up with a great product strategy.
Starting point is 00:09:55 There definitely is a chapter on that to some extent, but it's more how you coach those things. So it's not so much about how you do these things on your own. It's more how you could help product people to understand hypothesis-driven product discovery a bit more. How could you help them think about team motivation or how could you help them get better and giving feedback? All these kind of thing. So this book has this meta level of helping product leads to develop their product folks. And that is actually what the book talks about in five different parts. And I think 28 chapters, if I get it right. Wow. It's a lot of chapters. What is it called? Where can people find it just while we're on this topic? And then we'll get into some of this. It should be available on
Starting point is 00:10:42 Amazon. And it's strong product people, a complete guide to developing crate product managers. That's actually the title and the subtitles, so to say. Awesome. Strong product people. Okay. I read parts of the book. I looked at a lot of the stuff that you write online and some of your videos. And there's three things that I want to spend our time together on to dig into.
Starting point is 00:11:03 One is what you just talked about, how to become a better coach, two product managers for PMs. Two is storytelling skills. You have a lot of great stuff on just like becoming a better storyteller. And then three is how to find great community to become a better PM. Does that sound good? Yeah, that sounds amazing. Let's do that.
Starting point is 00:11:20 Okay, great. Awesome. So the first topic, basically the premise of your book is just how to become a better coach to product managers. And for me, actually, personally, the biggest inflection in my career was having an awesome manager who helped me become a better PM. And that just like was the point in my career where I really accelerated. And so I fully buy into the power of having a great manager and a coach. And oftentimes those aren't the same people.
Starting point is 00:11:44 And you have kind of these five ingredients that you have to be the best. best coach to product managers. And so just to start, what are these five ingredients? What do you have to get right to be a great coach, JPMs? Yeah, I glad you're asking. So I was already referencing to number one. And number one is really having a solid definition of what a good product person looks like in your context. So what is your definition of good, so to say? And a lot of the product leads that I'm working with have this as an implicit feeling-based, experience-based thing. They can talk about some of the aspects, but it's often the case that they're not have fully reflected on what are personality traits that I want to see in product people
Starting point is 00:12:34 that are hard to develop while I'm coaching them and what are skills and know-how and capabilities that I want to see in the product people that I'm working with. And some are super good and have it all written down. But most of the product folks that I'm working with haven't. So that is step number one is doing this reflection. Then step number two is having a clear idea where every PM currently is in their current career, in their situation, life in general, all these kind of things. So put the pin on the map, so to say.
Starting point is 00:13:08 And then think about what is your vision for them in the future? So how good could it get? And I usually encourage product leads to think bigger than their current role and the current company because that's the longer term thing. And then even more important
Starting point is 00:13:23 is what I call the next bigger challenge. So what is the next bigger challenge? I would love to assign this product person to if I could because I know that would help them to learn a new skill or to gain new know-how, whatever it is, right?
Starting point is 00:13:40 And creating such a list once a quarter, for example, you block yourself an hour in your calendar, you write down the names of your direct reports, and then you just think about, okay, what would be this next bigger challenge for them? It's not always the case that this comes around the corner the next day. Sometimes it takes a quarter or two or three, but if you wrote it down, you will see this opportunity, and then you could assign this person to the opportunity and really help them grow substantially over time. So that's number two. Then hopefully you share this. vision you're having for them with them and do a bit of an alignment session because it's not
Starting point is 00:14:18 always that they have the same things in mind. Maybe your vision for them opens up their thinking and reflection a bit more, but you have to have this conversation where you actually see them and that's a lot of encouragement and bringing out the best in them and these kind of things. Then it's definitely a development plan, but I think that's more on them than it is on you because you don't get the apps from other people's crunches. So you cannot really help them develop. But you could remind them of going to the gym, for example, which would be step number five, by the way, that's the follow-up.
Starting point is 00:14:53 But the development plan is something where a lot of product managers need help with, because that's the inspirational part, that's the curational part. That's where you could help them to really see some of the differences between your definition of good and their current profile. And maybe they need to get better in prioritization, maybe user interviewing is something they want to get better at. And then you could help them defining steps that they could take small things, that they could learn.
Starting point is 00:15:19 Maybe it's a book. Maybe it's giving a presentation at a conference. Maybe it's reflecting on your way of prioritizing and then look at what others are doing. So whatever it is, that is something you could help them with. And then finally, it's the follow up. It's sometimes just a nudge every once in a while at the water cooler to say like, hey, how is it going with your personal development plan? And some really need the weekly reminder and some maybe need even a daily email, whatever it is.
Starting point is 00:15:45 Ask them how they want to be reminded of the personal development and how you could help them and assist them while doing that. Because they still have a day job, right? So the development will never be the number one priority. And it shouldn't. Awesome. So just to summarize really quick, I have the list here in front of me. One is have a clear sense of just what it takes to be as competent PM in your role. Two is an idea of where that PM is today.
Starting point is 00:16:08 and one thing they could do to improve. Three is a shared vision of how they'll take that next step. Four is having a development plan of how they can move towards this vision. And then the last piece is a commitment, just falling up with them and making sure they're staying on top of this. Exactly. What's interesting about this, just looking at this, is it feels a lot like a roadmap and a strategy and a vision for a product.
Starting point is 00:16:28 The definition of where you are today is like the problem, idea where you're going to go next is kind of like a strategy. And then there's a vision where you're going to go together. And then you check in. So it's kind of these like stand-ups. Do you think of it that way at all, or is that just something I'm noticing? I think about it that way as well, even to an extent, because so many companies are lacking the real strategy bit, right? And it's similar with the people development strategy.
Starting point is 00:16:53 That is something that I see not being present in so many environments as well. So even that similarity is a given, I'd say, yeah. Which of these do you find is the most lacking usually? Or slash, where do you think the biggest, like if someone were to just like, I want to be a better manager. Where would you suggest they start? It's like right at the top, figure out what a great PM at this company is. Ah, that is a great question.
Starting point is 00:17:15 No, I usually advise people to start with the development plan. Because even if you have never done the assessment and even if you don't have your compass, your definition of what makes a good product manager, you usually have an idea or they have an idea of what they want to learn next or where they want to get better at. So as said, they say something like, my storytelling capabilities are maybe not as good as they could be, or prioritization is people are constantly complaining behind my back
Starting point is 00:17:46 that they don't get the order of the things in my backlog or whatever it is, or they think my opportunity solution freeze suck or whatever it is. And you could use that and start helping them creating this development plan. That's not a structured assessment, but that's a perfect start. And then it's obviously the follow-up. that makes a big difference, and that just takes so little time from the product lead, the small nudges, that's super easy. And these development plans, I usually tell people to create a new one with a new headline
Starting point is 00:18:17 or topic once a quarter or every four months. So that is not a massive time invest as well. So that would be my suggestion for where to start, if that helps. Yeah, I love that advice, because I can imagine a lot of people get stuck in that first one. I'm like, I don't know all of the things that I need to know about what a great PM right now is. So that's a nice simple way to start. And there is another aspect to it. A lot of product leads try to create their compass. And while they do so, they think about maybe I should have an aligned version with my peers. So the other product leads in the company. And then we're
Starting point is 00:18:52 talking about the career levels and all these kind of things and often takes ages until something is coming back from HR or you have a unified version. So that is something where I usually say like, know, start with your own personal team because the folks in your team usually just have you as a line manager. So create your compass and encourage your peers to grade their compass and a bit down the line. It might make sense to harmonize some of that. But it's better to start helping your product folks and giving them some orientation than being totally paralyzed by the fact that it's not a compass that is used in the whole company. I want to talk about this compass and how to figure out what a competent PM. is in any of a framework around this, and I have some stuff I'll actually share too.
Starting point is 00:19:38 But on this latter piece of checking in the development plan, I wrote about this once, but I'll share it here briefly. Something that I did with my PMs that was so effective was every time we did a performance review, every six months we had a performance review. We put together a Google Doc with all of the things that we agree they should be working on, and we pick like, say, five themes or three themes, and then we pick very concrete things they should do over the next six months that will help them develop these things. And then more importantly,
Starting point is 00:20:08 to your last point is we did a monthly coaching session where we looked at the status of each of these things. So there's like a color code for each of these 10 things that we all agreed we should be, you should be doing these things over the next six months. So we checked in how they're going. So that the next performance review, it's not like, oh, I forgot all these things.
Starting point is 00:20:23 Yeah. It's all like, oh, yeah, yeah. Yeah, exactly. And it's really, all of us now consistency beats intensity. So really the smaller time investments on a weekly basis, and that applies for the PM's time investment, to learning new things, and it applies to the product leads investment in helping their people to grow. I think for both parties, it's more likely and more pleasant if you have small junks of people development in your calendar. And that's why I like your story, right, because you were focusing on regular check-ins more than into the Big Bang 360-degree reviews.
Starting point is 00:20:59 And it builds on your point of the development plan is something the person develops. Like, here's what I believe I should be working on. And it's not like you inform it a bit and give them feedback and like maybe this isn't or maybe you should work on this other thing. But yeah, the fact that they own it, I think is really powerful. Yeah. Yeah. Going back to knowing what is a competent PM at a company. Something I want to, I'll make sure to include in the show notes for this is actually did all this research on the career ladders at all of the biggest tech companies.
Starting point is 00:21:28 And like, so I have this spread. sheet that it's public of just like the skills that every company evaluates your PMs by. But most companies don't have, these are they're like not great. So say your company doesn't have like a career ladder competency framework leveling thing. What do you suggest folks do to help figure out what is a competent PM here at our company? I'd say use one of the assessments that are already out there. Maybe we can include this as well. I wrote a blog post where I put all the ones that.
Starting point is 00:21:59 I'm aware of into. So there's the PM Daisy and obviously Marty Kagan has an assessment and I created a framework called the PM wheel and there are a few others in there. I go find one that is close to what you actually think a good PM should look like and then customize it. Don't use it just by copy paste because sometimes you have just rather technical PMs in your organization and then all these assessment points about user interviews and discovery are maybe not that applicable in your situation, right?
Starting point is 00:22:33 So use one template that is close to what you want to achieve, heavy customize it, because it is really a great inspiration to see, oh, these are all the things that other people think a PEP should be doing. Or maybe you could merge one or two of those and tailor it to your needs. So that would be my first suggestion, plus reflecting on the personality traits, because I think there are some things that you better hire for,
Starting point is 00:22:59 and that are super hard to develop in a corporate environment. So for me, that, for example, is curiosity. I think product people need to be curious about the world, how it works, about things. No matter the topic, the best product people that I know, whatever the topic is, they're interested and tell me more about it. So that is, for example, there's something I would always check when hiring product people because I know it's hard to build that muscle or empathy, definitely something that I want to to hire for. I know that I can help them develop this muscle a bit more and stepping in the
Starting point is 00:23:35 shoes of users and stakeholders and colleagues easier, but still if there is, yeah, not a decent level of empathy built into this person, then it's nearly impossible for me as a product lead to help them get to this decent level. So that's another important thing. Think about personality traits and think about skills and know-how, and to think about skills and know-how use some of the already established assessments. So we'll try to link to as many of those that you mentioned in the show notes. Maybe talk about the PM wheel, which is the framework that you suggest for folks to understand just like what are all the skills that a PM needs to have. It's hard to talk about that really briefly. So I split all the things that PMs usually do in eight buckets, so to
Starting point is 00:24:22 say, and it starts with, are they able to understand the underlying problems that users and the company actually is having? Are they good in finding solutions to those problems? Then it's they're getting, they do some planning parts. Are they able to maybe come up with a roadmap or with good goals that are help aligning the team, these kind of things. And it's get it done. That's are they able to actually deliver the thing to work with the team that's maybe writing backlog items and all these kind of things. Then it's listen and learn. So are they able to really gather a lot of data these days?
Starting point is 00:24:57 And then look into what customers are actually saying, so the qualitative and quantitative aftermath of stuff going live. And are they able to iterate on the solutions that they shipped? And then it's another three buckets that are a bit out of the PM process, which is team. So do they know about how teams actually are different from working with individuals? Do they think they have to motivate a team? Can you motivate the team?
Starting point is 00:25:21 So this whole teamwork part, and it's personal growth. I put it on my PM wheel because I want that to be part of every conversation that I have with my PM. So that's why it's on the wheel. And then last but least, it's agile. Because when I was still coaching PMs, I often found that they never reflected on the underlying basics of agile ways of working. So they often have never heard about the Agile Manifesto or Agile Values. or agile principles, no matter what framework they're using, but I think that is key. So that's bucket number eight.
Starting point is 00:25:57 And every of those buckets comes with at least 15 framing questions. So is this person good at doing this? Is this person good at doing that? And that hopefully gives you a really nice and well-rounded picture of where this person currently is. And I usually advise people to do a self-assessment, then ask their line management for an assessment. and ideally some of your team members because they have a different perspective
Starting point is 00:26:23 on you as a product management personality as well. So folks want to see that maybe they Google PM Wheel, Petra, and we'll also link to it. How did you develop this? I managed it and came from talking to a lot of PMs and just like, here's the things that I see again and again PMs need to be good at to be successful. Yeah, it was actually, that would have been pretty cool.
Starting point is 00:26:44 It was more the personal need of me starting off as a product coach. and I had this, yeah, this sense of I need this compass, because how should you start a coaching conversation? I first have to learn about what is their perception about them and their capabilities and their know how, and then I can help them work on some of the things they want to work on. But it is often that coaches come totally unprepared to the coaching, especially when the company is actually paying it for them and to some extent forcing them into the coaching. And then they're just like, okay, they told me to show up, Petra, what should we do in these sessions?
Starting point is 00:27:23 And then that's why I created a PM wheel to have this first conversations about where they think we should invest more time in our coaching sessions. So that's how I created it. Cool. Coming back to just the bigger question we've been talking about just like how to become a better manager, a coach to your product managers. It's interesting how simple it is. like the way you frame this in your writing is it's like five ingredients to be the best coach your PMS I've ever had. And if you look at this list of things to do, it's like very straightforward and not a lot of work. Figure out what they need to do to be successful, where are they now, align on that with them,
Starting point is 00:28:04 and then just give them some things to focus on to move closer to where they need to be. Like that doesn't take a lot of time. Yeah, I totally agree. The book talks about some more aspects actually. So that's more or less the first two parts of the book. And then there is more on onboarding and hiring, great product people. There is a lot more. So that's actually the biggest part about how to coach certain concepts of today's product management industry, so to say,
Starting point is 00:28:35 hypothesis-driven product development, for example. How do you explain these concepts to people that are not yet familiar with these things? And really it helps product leads to reflect, okay, what are the small things that I could help them to get better at certain things? Because that's actually where a lot of the magic happens. We tend to read all the books and we tend to know all our thought leaders and all these kind of things. But our product people often need super practical advice. So maybe it's really something like explaining them the Eisenhower matrix for getting better time management because they never heard about anything that could help them priority.
Starting point is 00:29:14 their tasks because that's the reality that we find in a lot of the companies, right? So the big part of the book is really this, how do you really help them understand this smaller tasks and things that the daily work requires them to do? I think a lot of that I find is like when you need something, that's the time to find it and introduce it and read about it. There's like so much content. Yeah. Like I'm guilty of this.
Starting point is 00:29:42 Just there's a lot of stuff to read and listen to. as a PM. And like, I find you don't need to be listening to it and reading everything all the time. It's just like, I need to figure out how to prioritize. Let's see what's out there. That's awesome. And maybe save it for the future. But like, there's so much stress, I think, that goes into like, oh, my God, I got to read
Starting point is 00:29:58 everything all the time. Yeah, I totally agree. Just I think two weeks ago, one of my coaches told me that he stopped reading a lot of books and consuming a lot of content. And he instead dedicates the whole year to using. one methodology or book. So in that case, depict Teresa's continuous discovery habits,
Starting point is 00:30:19 and that's what they read over and over again for the whole year. And I think there is a, it's, it's an interesting, it's an interesting way of looking at things. That is interesting. That's like a very committed. Better pick the right book there. Yeah, that is true. Yeah.
Starting point is 00:30:37 But maybe some of your colleagues pick another book and then you can just share what you learned and what works better and a bit of a community thing. Oh, we're going to get to that. I like that. Before we get to a retelling topic, is there anything else you want to share along the lines of if folks are just like, I want to become a better coach to my PMs? Any other thoughts you want to close with? Yeah, one one easy tip is get yourself a list of great questions that you could ask in one or once if you don't have the time to prepare. There will be one of my tips as well. There's several. great coaching books out there. Some of the, some of the, some of questions are in my book as well. Yeah, just find some coaching questions, make your small compilation, and then really see what resonates with your team.
Starting point is 00:31:28 And that often is a bit of health check. So how are you doing? What would make you more successful in the role that you're currently having? All these kind of things could be helpful. Do you have any other examples of those? That's actually useful. And just like a few, a few more examples of coaching questions. Yeah, it really depends.
Starting point is 00:31:44 So what I find super helpful is a list of emotions because people tend to find it really hard to talk about how they currently really are. And I don't know why this is the case. Maybe it's stressed, maybe it's not feeling comfortable to talk about this with your line manager, which is another topic and bringing us back to the topic of company culture. But it, for example, is something that I always have handy. And if I have this notion of, okay, this person maybe really needs a hug to some extent, then this conversation about, hey, look, there is this list of 30 emotions. Where do you think you currently add and why? And could I help you with that?
Starting point is 00:32:25 So there could be something. And then there, I think you talked about Moghiari the other day, right? Yeah, that episode just came out. Yeah, exactly. So he has a great framework as well. I would need to look the questions up, but maybe we put them in. the show notes as well. That's a bit of a health check as well. And you first of all, it's five easy assessment questions for you for your folks. And then it's more of, okay, if you're ranking yourself
Starting point is 00:32:51 a six, how could I help you to make it a seven? So it really focuses on incremental improvements, not crazy stressing everybody out improvements, not what could I do to make it a 10? It's more really how could I improve your situation, really build report, really be there for you. your product folks. And I think creating this list of coaching questions as a go-to list could improve the quality of your one-on-ones because let's face it, we often run into those ones, either we ditch them or we run into those ones completely unprepared. And an assessment could help, a development plan could help, and a prepared list of coaching questions could help to make it way easier and for your PMs to feel more valued. That's a great call back to the Met. And by the way,
Starting point is 00:33:40 His name's pronounced Matt Machari instead of Machari. The CH is like a... See? Now we know. It's very little something. Now we know. That's good. Yeah.
Starting point is 00:33:48 And you pointed out in his curriculum, he has a bunch of questions that you mentioned about like how, where you went to 10 on this thing. And then how do we get you to 8 or 9? So we'll link to that in the show notes also. So many more things to read. So many things to link, sorry. Good God. Poor listeners.
Starting point is 00:34:05 This episode is brought to you by Assembly AI. If you're looking to build powerful AI-powered features in your audio or video products, then you need to know about Assembly AI. Assembly AI is the API platform for state-of-the-art AI models. The thousands of product-led growth companies like Spotify, Lume, and Callrail are using to infuse AI into their products. With simple APIs, developers and PMs can get access to powerful AI models for transcription, summarization, and dozens of other tasks that are fast, secure, and production-ready. All of their models are researched and trained in-house and continuously updated by their team of AI experts, which, for a PM, makes it easy to build and ship new AI-powered features. Product teams at the startups and enterprises are using Assembly AI to automatically transcribe
Starting point is 00:34:55 and summarize phone calls and virtual meetings, detect topics and podcasts, pinpoint when sensitive content is spoken, redact PII from audio videos, and way more. Visit AssemblyaI.com to try a.com to try a. AssemblyAIs API for free and start testing their models in their no-code playground. That's assemblyaI.com. Well, let's get to a happier, simpler topic. Maybe, maybe not. Storytelling.
Starting point is 00:35:24 So just like setting context, it feels like as a PM, also as a founder, also as just a leader of any kind, you're always told you need to be a great storyteller. That's a big part of leadership. Be a great storyteller because that gets people excited and on board with the trip. building, but it feels like, I've heard so many things about becoming a better storyteller. It's always like, feels great when you're reading it. And then you get to like a deck you're starting or a meeting you're about to run or a dock. And I'm like, shit, how do I make this a good story?
Starting point is 00:35:55 I need like some kind of conflict maybe and a character. I don't know. There's a hero's journey. There's all these things. You're like, I don't know. I don't know what I'm doing. So I guess just a broad question. So you're a PM who wants to get better at storytelling.
Starting point is 00:36:08 do you have any things you would suggest that are just like concrete things someone could do today, tomorrow this week to become a better storyteller to level up their storytelling skills? Yes, I think I would love to mention two things. So first of all, people that starting often they're getting a better storytelling journey, often totally underestimate how many times actually great storytellers are investing in grading the stories and making sure they can share the story in nice ways. and formats. So that's maybe the first tip.
Starting point is 00:36:41 You have to plan to put in a lot of work to create your story. And when you say a lot of work, what do you, like, what are you thinking? What's like an order of magnitude of time depending on the scale of the story or a deck? Rule of them. So I think if you, let's say you want to explain the rest of the company what you and the team are up for for the next three to four months, so to say. And then I think that's two weeks of work, not eight hours a day, obviously, but two weeks of work, maybe one or two hours a day to really carve that story and think about different audiences and different framings of when am I able to tell this story. And that is actually, I think, a rule of time investment.
Starting point is 00:37:26 So it takes time because people often think like, I don't know, you just get better overnight in telling great stories. It's just not how it works. So you have to practice and you have to put in a lot of work in time to come up with a logical, compelling, motivating story that then lasts for longer than a week or two. So that's a lot of work. And then the other tip would be really make sure that you're using language that speaks to the heart and the minds of the people because we constantly tend to use too much of our business lingo. And it's like banner blindness, some of the words that we're using people totally overhearing them because we're using them so often. And there could be even things like product discovery. So maybe your company is already so pet up with all your product discovery stuff that you should
Starting point is 00:38:19 start using different terms, even if then say hypothesis-driven product management. It's more or less the same thing. And maybe it's even too complex. Maybe you can find something simpler and say like we need to learn something about this particular thing. Because studies show and that's the, that's the scientific background. Stories really have an impact on our brain. So hormones get released depending on how the story is actually formed. If they're cliffhangers or if it's really like, well, you're super with the hero and think, where is it going to take him or something like that.
Starting point is 00:38:59 And that releases hormones in your brain. And that only happens if you're using natural world, so to say. So you could talk about smell and sense and how people feel and how their life would be better. If this product would be out, all this kind of things. So really make sure that you think about, they really speak to their minds and to their hearts and remove all your three-letter abbreviations and all these kind of things, which is something that everybody says as well, but it is way harder to do it
Starting point is 00:39:33 when you really start to create your story to remove all these terms. And that takes a lot of time and, yeah, as well. So you have to really put an effort into the don't use too much book to Pingo. So the first point, which I love is, like, you think people are just good at this and naturally great at telling a great story,
Starting point is 00:39:53 but a lot of it is, right? Like some people are, like, you do it enough and you like, it'll be quicker, probably. But for most people, it's going to be like just put in the time and it gets better and better and your story emerges. You practice. And it's a cultural thing. So I really find in average, Americans, for example, being better at it than most of us Europeans. And I think that's because even in your school system, it seems to me, I don't know, you tell me if that is the case, but storytelling and being in front of a class or something like this is something that is
Starting point is 00:40:26 encouraged and valued already, where in, at least when I was at school, this was not part of the whole system at all. So really late, it was part of what we did, but not from an early age. So it's just not something, yeah, that we trained in or that we used to. So sometimes even speaking in front of 30 people, people are freaking out because they never did that. So that's, their cultural differences to that. Definitely. as well. Speaking of the idea of speaking in public and be nervous and that kind of thing, which I always get really nervous speaking in public. And people don't think that when they hear me and other folks that are publicly speaking, but it's like freaks me out every time. Do you have any advice
Starting point is 00:41:11 for people that want to become better public speakers slash be less nervous speaking publicly? I was really bad in public as well, I have to tell you. And it's still not something. that I love, but I know it's part of the work that we do. And so the easiest way is to get in front of really small and super friendly audiences. So that is, I think, the first starting point. And I don't know where that is. There could be your team. That's a super small audience, usually five to ten people.
Starting point is 00:41:47 Or maybe you will pine with your company of 80 people or 120 people. Maybe the company All Hands is already something. you could actually speak. That was my first time, and I had to speak in front of the whole company, at a company All Hands, around 90 people back at the time. And I only had to give a brief update on what we did the last two weeks, and it was like five minutes on stage, but it freaked me out. So that's where I'm coming from.
Starting point is 00:42:16 And it really helped me to sort small. Then product tanks, for example, this local product community meetups, I totally help me because friendly human beings and not too many of them. So sometimes they're just 30 people attending and then you in the summer. Not so many people are coming. So why not giving a talk there? So really start small and then grow the audience over time. And always make sure, because that helped me a lot to get feedback from strangers and peers, if possible.
Starting point is 00:42:50 because the peers tend to give you the harsher critique, so to say, where the strangers are more polite, but they're not so familiar with the work you do or with the story that you want to tell. So they can spot some gaps in your storytelling technique or something like that. So that is something that helped me a lot to always have this friendly soul in the front row where I know I get some feedback from later on, plus then having complete strangers. And there's always somebody coming up after the talk, right? So that could be your first person giving you some stranger feedback, so to say. What about if you're just like about to give a talk and you're like, oh, my God, I'm so nervous?
Starting point is 00:43:29 Do you find anything that helps you get over that? I think there are two things that work well. It's either the Superman pose. So that is one thing. If you're standing like this, looking straightly up, that is one thing that helps many people. It's not my preferred one. And then the other one is a bit of the gorilla thing. just like tapping here
Starting point is 00:43:52 there is a I don't know what's the English Vegas Vegas nerve no it's not the Vegas nerve it's I think it's
Starting point is 00:43:58 timeus I need to look it up and if you just like yeah hit that softly for some time then that
Starting point is 00:44:07 yeah that bumps your energy level so to say so that helps me and again friendly faces
Starting point is 00:44:13 front row so find people that you like and respect and that you know that have to spark in their eyes when you start talking, that definitely helps as well. Do you suggest doing these moves in the bathroom where no one can see you?
Starting point is 00:44:28 Yes, backstage. You're doing those ones backstage. And think about what you're wearing, because if you're wearing something like that and do this before you enter the stage, people might see that. They might love that. Just come out beating your chest. It's a power move. Yeah.
Starting point is 00:44:45 Do you think it's important for PMs and leaders in general to get great at public speaking or do you think it's okay if they are just okay? It really depends. So I think not being able to speak publicly and to bring your point across because a lot of people do public speaking but they never bring their point across. So if you want to achieve both things,
Starting point is 00:45:09 I think it is a career staller if you can for a product person. Can do the IC level product management job, but getting promoted is way harder if you're not good in telling stories and running the team behind the shared goal and all these kind of things. And you usually achieve this through good storytelling techniques. And in some teams, I've seen the product person not being really, really good at it, but then the whole team helped creating the stories and stuff like this. So you definitely could compensate to some extent. But I would consider it a bit of a career staller if you don't get to a decent level of story. and to a decent level of public speaking.
Starting point is 00:45:51 So, yeah, I think it's important. Who's the best storyteller PM that you've met and what made them great? That's another hard question. So who had the biggest influence on me was definitely Jason Goldberg. He was my former boss and he was the first person that came into the startup that I was working for back at the time. and he was really the first person who entered every stage that he could find to talk about the things that he wants to achieve with us as a product team and as a product organization. In a way, it was really motivational.
Starting point is 00:46:30 So it really helped me to experience that and how he was using this product evangelizing techniques to actually really tell the whole company what we are up for currently and what the problems out there he thinks are worth solving. So that was definitely an inspiration. And then I think another great speaker is definitely Hans Rosling. He's no longer with us. That's sad. But he gave great TED Talks, really data-heavy TED Talks,
Starting point is 00:46:58 because they often hear from product people, yeah, but the work we do, that's so boring, how could we make a great story out of that? And I think Hans Rosling showed over and over again that you can. So that definitely is an inspiration. And then on a totally different note, I love spoken word poetry because that really talks to the heart and minds of people. And I use in my coaching, I usually send people off to the TED talk from Sarah Kay, which has the nice title, if I should have a daughter. And that really helps people to understand like, ah, okay, that's how you could be playful with words.
Starting point is 00:47:38 And that's what happens to me personally and to my body and to my body and to my. my emotions if I listen to something like that. So that's maybe three things I could be mentioning. Hans Rosling, the guy with the like world poverty charts and. Exactly. Our world in data. Now it's son is, I think, in charge. But yeah.
Starting point is 00:48:00 Cool. I'm going to watch that one again. That's a good reminder. Maybe just another question around storytelling. Say you're a PM and you're about to start a document or a deck and you just want it to be a good story. what are like two or three things you should just do to set yourself up for success? Yeah, first of all, it's don't sit in front of the blank page for too long to start drafting something.
Starting point is 00:48:24 I think there's a lot of beauty in a story as a design tool, so to say, because it's even easier to change a story than it is to change a prototype. Right. So even before you put something in writing, you could start talking about it and see how it lands and then tweak it. And I think that's the first thing, get going. And then the other thing is go start talking about your story. Go test it. See how it resonates and then tweak it. And maybe you could use one of the proven story structures. Find the one that helps you most.
Starting point is 00:48:56 I really, even if it's super boring, but I'll use this hero's journey a lot where I think about, should I put the team in the heart of the story? Because if it's a story that should help me to motivate the team or to inspire the team to actions or something like that, then maybe it's nice if I put them in the center of the story and make them the heroes and talk about the demons and monsters, they have to fight to once arrive at this bright of future.
Starting point is 00:49:25 And maybe some other times it makes sense to put the user there and really talk about how their world and lives would have improved once this product is out and available, or maybe it's even a feature that we're talking about or a bigger redesign or whatever. where you're currently working on, right? But you could use this proven story structure and see what are the things in there. So the call to adventure, what is the call to adventure?
Starting point is 00:49:50 What is this bright future? And it helps you to start and to get going. And I usually advise people to have it hand, the story handy in various formats. So spoken, that they could actually talk about it, written, because we all tend to work in remote or asynchronous environments. So just a recorded video may be, yeah, it's good, but maybe a written version of it is nice as well. And the next one is an illustration that helps you making some of the core points of your story visible to the audience. And there could be a whiteboard drawing, a flip chart drawing.
Starting point is 00:50:28 It could be a bigger, maybe it's five slides with emotional pictures on it or whatever it is. But be visual with your story as well. And then you should have it ready in three different formats. In a super short 75 second elevator pitch version, in a six minutes, I can do this before we actually start sprint planning version. And ideally, I have to go to the company all hands and have to talk about what we will look into for the next four months. And that's maybe an 80 minutes version. And 80 minutes is the length of an average TED talk. And there is a reason for that it has to do with attention spans and all these kind of things.
Starting point is 00:51:11 So that's why I advise people to use this three length. An example you're using there is like a PM designing the vision for their team potentially or their strategy for the next, say, six months. Yeah, exactly. So we don't need to create this complicated story for the next sprint, I'd say. That it's too much of an effort, maybe a waste of time. You need to look a bit further out to make it worth. spending a lot of time on creating your story.
Starting point is 00:51:38 If you had to pick one book or resource that help you become a better storyteller or that you've found other people coming back to that helps them level up their storytelling skills, what comes to mind? I'll share one first as you think about that. There's a recent book that you wouldn't think would be good at this, but it really is really good at helping you understand how to tell a story. And it's called Nobody Wants to Read Your Shit. And it's by, yeah.
Starting point is 00:52:03 Yeah, and it's, it's a hunched. The title alone is like a great lesson, which is nobody wants to read your stuff. Just, yeah. And but the premise of the book is how to make it so that people find it interesting and useful. It's by Stephen Presfield who wrote the War of Art and Bagger Vance and all these things. So it's one of his newer books, I think. So that's what comes to mine. That's pretty cool.
Starting point is 00:52:22 It comes to mine. Back in the day when Martin King was my product coach, he made me read Selling the Dream, which is the McIntosh story on product evangelizing by Gabe Kawasaki. And that's not, it didn't help me to become a better storytelling, but it helped me realize that it is really important that I work on that skill. So that is, that is actually the trigger. And material that helped me is basically everything from Nancy Duarte and Duarte Inc. So there are even leadership books about rituals and how to ignite the spark in all the people you're having. So they're talking a lot about the leadership aspect of storytelling.
Starting point is 00:53:02 but they have something for the IC level as well. 72 rules on storytelling and all these kind of things. And I have a lot of free material. I know it's not a book, but they have several books, and that was great material that helped me to become better. Man, the show notes on this episode are going to be out of control. It's going to hit some limit. Yeah, the longest show notes ever.
Starting point is 00:53:23 Sorry. Oh, my God. Yeah, it's going to be rough. I'm actually going to try to get Nancy Duarte on this podcast. Oh, yeah. So that's a good. Say hi. if you do. I'm a fan.
Starting point is 00:53:33 Okay, I'll do that. I'll do that. Okay, so getting to our final topic, which is around community, you're a big fan of finding community and just the power of being in a community. And I know you've done a bunch of research there. You're just like pumping your fist as we talk about this. I love it. So tell us why you're such a big fan of the power of community for product managers in general. Again, the starting point was a rather ego-centric, it's guiding point. Because I'm constantly thinking about how could I scale the work that I do? Because I still see so many companies not getting a product coach or I still see so many companies where people develop
Starting point is 00:54:13 and it's not a priority, all this kind of things. And at some point, I thought, if the line manager is not taking care of the personal development, who could? And I talked to several of my colleagues about that question. And at some point somebody said, like, yeah, that's what community of practices are often used for. So that's where a lot of people got their inspiration. And basically, I reflected on my career. And early on, I was in a super engaging product organization where we really, we tried a lot, we shared a lot. A lot of the things that we tried didn't work at all. But others really fell on fertile grounds and we could learn from each other. And we invested quite some time in this sharing, but everyone got better over time because of this community
Starting point is 00:55:02 being present. And so I decided to make this my topic for this year's research, so to say. And I was talking to a lot of my clients and former clients, hey, are you running a community of practice? If you don't run a community of practice, why is that? Often they have never considered running one. They don't know where to start. So that's another problem, obviously. And at some point, I decided to conduct a survey to see if random strangers can tell me about their companies and their community of practice. And it was super interesting as well. For example, I found that oftentimes there is a bit of a community of practice internally,
Starting point is 00:55:39 but they never heard about external product communities. So they never heard of your community or Teresa's community or mind the product or any of those external communities. And that is shocking to an extent as well. we all so friendly human beings happy to share what we learn and they don't have to go through the same things over and over again. So that's why I think it's a super important question. And I would love to help a bit more companies to start a community of practice or to mature
Starting point is 00:56:11 the community of practice that they're already having. What kind of impact have you seen folks get when they join or find a great community? And then what are the communities that you find are most useful? You mentioned mine. And I want to get your advice. what I could do to make it even better, but maybe those two questions. What kind of impact do you find when you find a great community and then what are some that you record? One impact definitely is stickiness.
Starting point is 00:56:33 So people tend to stay with companies where they're learning and growing and can, yeah, get to mastery. So to say hello, Daniel Pink. So that is really something that people are thriving for. And if they find this in a company and a product community of practice, could be a big part of that. So that is one impact. Then the other impact, there's less people development on the desk of the product lead if there is a good product community of practice.
Starting point is 00:57:07 So product leads, your life will get so much easier if there is a product community of practice. And it's actually a pretty cheap way of doing people development because trainings are expensive, conference tickets are expensive, getting an external product coach, expensive. But helping people to learn from each other by making room for that and giving them a bit of time to reflect and to share what they're learning. That's rather cheap. So I think that is the benefits that I see. Training budgets, training budget impact. People tend to stay with the company a bit longer.
Starting point is 00:57:45 Leadership-wise, it's less a time that you have to invest in people development. And it's just fun for a lot of people. That's another uptake, I'd say. What are signs that the community that you're in, say you found, you mentioned a bunch that I think are awesome. Teresa's community. We'll talk about my Slack a little bit, mind the product. Yes.
Starting point is 00:58:03 What are signs that the community you're in is good with your time, something you should stick with versus like, man, get out of there? That is actually a good question. So I would say, if it helps you with networking, that is really something good if you meet nice, interesting people. So that is one thing I would love to mention. And then if you're learning something new every now and then, maybe not every day, maybe not every week. But every now and then there should be some real nuggets where you think like, oh, this is making my life easier.
Starting point is 00:58:36 Or this is super interesting. I would never ever have stumbled upon these things without the community. So learning something new. And then reflecting on how much you already learned about a certain topic or know about the certain topic. or know about the certain topic, which is contributing to the community. You could be a community moderator. You could be somebody organizing some of the rituals. You could be somebody just sharing what you learned.
Starting point is 00:59:03 So I think that is something that could be in a good community that is possible, at least, to share that everybody's sharing and that there's mutual trust. And it's often just if you enjoy being part of this community, that's, I think, another super important thing to look in. to do you like the people there? Do you like to hang out with them? Do you think they're kind, lovely human beings? And is there some level of activity in the community because there's too many dead ones are there more or less? And I think these other things that I would use as a benchmark. When you're talking about this, initially I was just imagining online communities,
Starting point is 00:59:40 but there's also obviously offline communities probably somewhere near local city. Right. Just like, yeah. Yeah. Yeah. So that's like, I think, I don't know if people thought that when I was talking, Yeah, there's probably like meetups happening in your city with product managers that are meeting each other every week, every month, maybe. That sounds awesome. And I love your point about the ROI of the community versus a course versus reading lots of books. Like, it's really affordable to join some kind of product community, especially if it's online. Yes. And the ROI could be really high.
Starting point is 01:00:11 Yeah, and it brings so much clarity in your thinking if you're sharing some things you learned with the community. that this is a massive uptake as well. So gives back. That really makes sense for you personally as well. So you mentioned my Slack community. So if folks don't know this and they're listening, basically if you're a paid subscriber to my newsletter, you get access to the Slack.
Starting point is 01:00:35 And there's about 10,000 people in there, mostly PMs and founders and growth leaders. And it's pretty damn incredible. It's probably the thing I'm most proud of of all the things I've done over the last few years around this newsletter and podcast. And so if you're not in there, you should definitely check out.
Starting point is 01:00:50 it out. It's thriving. There's meetups happening all over the world every month. There's a mentorship program. There's a mastermind group, all kinds of stuff. And you're familiar with it. And so I just wanted to ask you while I have you here. Do you have any advice for how to make this community even more great? That is not an easy question. First of all, congratulations. I really think it's a massive achievement to start such a community and to really have such a vibrant community because it's, I know it takes a lot of energy investment at first to get it going and then a lot of energy to keep it on a certain level, so to say. Yeah, what I found helpful is I have this community canvas that I use when I'm working with clients and some of the things require workshops to some extent. So it helps to reflect on
Starting point is 01:01:43 what is the purpose of the community and that changes over time with the community, members that are currently part of this community, right? So that is not a stable thing. So sometimes everybody has to pause for a second and then think about what is the purpose of this community, what are our values and how we define success. It's pretty boring I know because it sounds so familiar with what we do in product management, but I think it applies for product communities as well. And then it's, you need to find good rituals and rhythm and you, Lenny, we're already talking about some of the ones you are using. I know, for example, what Teresa is doing in her community.
Starting point is 01:02:26 I interviewed her this year. So there is a blog post on that online as well where she talks about what she tried and what did work and what did not work. So I think that is important. Then maybe not so important for your community. Well, let's see, let's discuss. Let me hear what you think, which is incentives and sponsoring. So how do you value contribution? Are you giving back? Is it a kudos mechanism or is it something that where people really earn badges of honor or earn time, earn more training budget? That's what a lot of companies do, right? If you're playing an active role in the community, then you get more training budget to spend or something like that. Or they grant you time to do so. So if you say like, hey, I want to be part of this project.
Starting point is 01:03:15 community, could I travel one month, a quarter or something like that? Because I want to go and see those people. That is something that people do. So incentives and sponsoring. Then it's roles. And that will be interesting in your case as well. Is Lenny the center of the community? I try really hard not to do that. Yeah. That's a good. I try to not be the beacon of all answers. The actual goal of the community was I will not have all the answers. Let's just bring a bunch of smart people together that are already, there's this interesting filter of who pays for content about product and growth and startup stuff. Like, filter is really interesting.
Starting point is 01:03:53 So the whole idea was get out of the middle of this thing and let people help each other and it's worked out really well. Yeah, because that's what I would say after doing all this research, it's not sustainable if the whole community is on the shoulders of one, two, three people. So you need to distribute the workload and you need to distribute this responsibility. because sometimes even things like, yeah, policing the community is not a pleasant job. And if there's only one person dealing with all of these things, then it's not really community because then it's a bit organized like a company in this pyramid scheme.
Starting point is 01:04:30 So I think more of it as circles, different circles of interest and then building bridges between them. Because maybe not everybody in your community is interested in the same topics, but maybe there are the smaller circles of. 10, 15 people interested in this one topic, 10 15 people interested in this other topic. You may be connecting the dots. You may be giving a bit of impulse and inspiration. But maybe other people are doing the exact same thing, sharing their best reads and they're worthy to watch videos and all these kind of things.
Starting point is 01:05:00 So content and curation definitely is another thing that you should think about and reflect on once in a while. Cool. Thanks for the advice. Curation is so important, I found, especially early on. found keeping the signal to noise high, always, especially early on, was really careful. So there's a lot of focus on just being detail-oriented about it all. Yeah, plus a lot of communities that I see use engagement as a success metric.
Starting point is 01:05:27 And I'm actually not sure if this is a good success metric. So as you say, signal versus noise is maybe the better success metric, which leads us to the down the rabbit hole of how to like that. But, yeah, engagement is maybe not the predominant success factor. for a community. Yeah, that's interesting. You also said it's a lot of work. And just to give some shoutouts to folks that help me run this community that we have,
Starting point is 01:05:51 I couldn't do this without them. Shrey, who leads the community, Kiani. Hello, Shrey. Hello, Shrey. Hello, Kianni. Kianni curates the best conversations in the Slack every week and then shares them in this bonus email community wisdom. And then Ria, who's been helping out run the meetup program.
Starting point is 01:06:07 And then Jess, who's helping with our mentorship program and a few other things. So that's the core team that helps. this whole thing run. Thank you to them all. Thank you. And it's super interesting that you're sharing that because companies often don't want to invest in, yeah, full-time community managers, maybe the wrong word because that not necessarily has to be a full-time role, but there need to be some people that really have a decent amount of time to invest in running this community. Because otherwise, it's not working. And I still think it is still cheaper than sending everybody to trainings at conferences all the time. And it has a lot of ripple effects and network effects.
Starting point is 01:06:48 Well, guess what? We've reached our very exciting lightning round. So I'm going to ask you a few questions. Whatever comes to mind, let me know. We'll go through it pretty fast. Yes. And are you ready? I'm so ready. So ready. What are two or three books that you recommend most to other people? The Art of Thinking Clearly by the Belly, it talks about human biases in a really nice and illustrated way. Then what I use a lot in my coaching practice, especially with senior executives, is outcomes over output because that's a super strong concept, I'd say. And then maybe I want to mention two books that are not yet written, but two concepts that I hope will make it into books. And one is Martin Erickson's decision stack. And then there is another book about public speaking that
Starting point is 01:07:34 hopefully might come out if some people are supporting it on Kickstarter. And that is called present yourself a public speaking book. Awesome. If you can send a link to that, we'll include it also in the show notes. Of course. The record longest ever show notes. Speaking of that, what's another podcast that you love? I love the product experience podcast. And if you're able to speak German, then there is one that is called Product Mention by Tobias Freudenreich, and that's a nice interview series.
Starting point is 01:08:01 Product. I like that. I do not speak German, but I bet it'd be fun to listen to you anyway. What's a favorite recent movie or TV show that you've enjoyed? Maybe New Amsterdam. I love that. That's actually a medical director Matt, and he's finding very unconventional ways to solve problems, and I think he's a great leader. So maybe that's a nice framing for watching the show.
Starting point is 01:08:25 What was it called New Amsterdam? New Amsterdam. Sweet. What's a favorite interview question that you'd like to ask when you're interviewing folks? Definitely to tell me about the last time. So tell me about a time when you did your last round of user interviews. Tell me about your last time when you onboarded a new colleague. Because I think as in user interviewing,
Starting point is 01:08:46 this tell me about the last time you really sparks nice conversations and interviews. What are five SaaS tools or products that help you do the work that you do now? And if there aren't enough of those, just like great apps that you love right now. I'm totally not into product management sales tool these days because as I'm just coaching people, on hourly basis, I'm no longer the one looking into the sass tools they're using. So that's quite a tough question. Things that I use a lot in my personal work is rather boring stuff like bookkeeping software and time tracking software. Which ones? That's interesting.
Starting point is 01:09:27 Harvest is what I use for time tracking and bookkeeping. And I love that. That makes my life easier since a few years already. and then, yeah, new banking apps that are coming up that I'm using for my accounts. One is Quanto. I think it's a German bank, but they really did a great job and they used the experience, super seamless in their apps and all these kind of things. Yeah, so that's two cool products that I love to use.
Starting point is 01:09:54 Great. Who else in the industry? Do you most respect as a thought leader, influencer type person? As I'm a conference organizer as well for a conference that was called Might the Product Engage here in Hamburg, that is a super hard question for me to ask because so many people have been on that stage that I would consider being a thought leader. They would maybe not consider them being a thought leader. I think the thought leader thing is pretty hard anyway.
Starting point is 01:10:21 So there's so many different voices in our industry. And I think looking at the guest list of your podcast actually is a very good start when you think about thought leaders and getting more inspirations because they are ones that we know and some hidden gems on there. Great answer. Great answer. Petra, thank you so much for doing this. We've hit the record on show note length, I guess.
Starting point is 01:10:45 So that's a milestone. Congrats. Yes. Thank you. It was a pleasure. Two final questions. Where can folks find you online if they want to learn more, reach out, maybe work with you?
Starting point is 01:10:55 And how can listeners be useful to you? Oh, interesting. Yeah, the first one is easy. LinkedIn, Petra Villa. You can find me there. And then there is my website, Petra minus w-I-L-L-E.com. That's my website. And how can listeners be helpful to me? Who, that's a tough one. I think it could be mutual beneficial if you are a product manager, I see level, and you would love to get better supported in your personal development and go buy my book and just hand it to your manager. If that's appropriate, or just put it on.
Starting point is 01:11:30 on their desk and just forget that it's there. Hopefully they read it or something like that. I think that is how I would love to answer the last question. I remind folks what the book is called and they can find an Amazon. Strong product people. Strong product people. Go check it out on Amazon. Exactly.
Starting point is 01:11:49 Petra, thank you so much for doing this. Lenny was a pleasure. It's my pleasure. Thank you so much for listening. If you found this valuable, you can subscribe to the show on Apple Podcasts, Spotify or your favorite podcast app. Also, please consider giving us a rating or leaving a review, as that really helps other listeners find the podcast. You can find all past episodes or learn more about the show at lenniespodcast.com. See you in the next episode.

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