back to indexATHLLC6854671700
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- Hello, and welcome to another episode of All The Hacks, 00:00:04.480 |
a show about upgrading your life, money, and travel. 00:00:08.640 |
and today we're gonna talk about the best strategies 00:00:12.880 |
That means finding a job you love, interviewing, 00:00:15.240 |
negotiating your comp, managing up, making an impact, 00:00:20.680 |
And to do this, I'm joined by Lenny Ruchitsky, 00:00:25.800 |
and spent seven years working in product across the company 00:00:32.320 |
Now, Lenny is well-known as one of the top minds 00:00:40.180 |
is the number one product podcast in the world. 00:00:43.340 |
But building products is not why we're here today. 00:00:46.360 |
It's because he's written so many amazing newsletters 00:00:49.220 |
about professional work that I've personally found 00:00:53.940 |
So, whether you're looking for a job right now, 00:00:56.480 |
trying to have more impact in your current role, 00:01:03.900 |
I have a big announcement to share on my end. 00:01:08.440 |
I am finally stepping away to focus on all the hacks 00:01:14.880 |
It's a bit of a scary jump to leave a stable job, 00:01:19.440 |
and newsletter so much that I felt like I had to see 00:01:22.480 |
what was possible if I focus on it full-time. 00:01:26.960 |
but wanted to make sure you guys heard the news first. 00:01:40.400 |
about product management and amongst product managers, 00:01:43.200 |
which I formerly was, you are well-known in that space 00:01:51.960 |
is very, very applicable outside of product management 00:01:56.680 |
And now we're probably gonna dig into a little bit more 00:02:00.080 |
I just gotta ask, are you aware of the breadth 00:02:11.920 |
- I am aware the content is useful to a lot of people 00:02:14.360 |
other than product managers because I get emails from people 00:02:17.640 |
"Hey, our marketing team's finding this super useful." 00:02:19.480 |
The funniest example is my mother-in-law who is 75, 00:02:27.360 |
and find something in there that is applicable to her life. 00:02:30.000 |
And that just shows me that there's all these little lessons 00:02:32.760 |
that you can extract from things that are specifically meant 00:02:37.560 |
But I will say, I try very hard to stay focused on a PM, 00:02:43.640 |
because I think that's the reason it does well 00:02:45.840 |
is it's solving like a very clear person's problem. 00:02:51.880 |
and just become nothing amazing for any one person. 00:03:01.080 |
- So for anyone listening, Lenny has a newsletter, 00:03:07.600 |
or after this comes out and highly recommend it, 00:03:17.000 |
We're gonna talk about some of those other things. 00:03:21.400 |
a lot of your posts that you have a really unique 00:03:35.320 |
So I thought we could just have a conversation 00:03:40.560 |
you've learned and shared and written about for anyone, 00:03:43.480 |
whether they're trying to advance their career today 00:03:59.640 |
- Sounds great with the caveat that I write these posts 00:04:02.280 |
and then the content leaves my brain and lives in the post. 00:04:06.760 |
hey, go read this thing 'cause I forgot all the answers. 00:04:09.080 |
So I'll do my best to extract what I can remember. 00:04:13.120 |
but I won't have all of the answers in my head 00:04:22.280 |
So if there's one that we feel like your answer 00:04:25.200 |
is lacking in comparison to what I've seen you write, 00:04:28.240 |
I will make sure that we link that so people can follow up. 00:04:35.080 |
So there are so many types of companies out there. 00:04:38.200 |
What advice do you have for people looking for something new, 00:04:50.440 |
And for side note, Lenny also runs a job board 00:04:53.640 |
and a talent collective for people in the product space. 00:05:06.000 |
and then actually stand out to get in the door? 00:05:08.840 |
- Yeah, let me talk about the job board briefly 00:05:12.200 |
that shows kind of how much I spend thinking about 00:05:14.680 |
people's profiles and companies and things like that. 00:05:20.360 |
which is kind of like the sub stack for job boards. 00:05:22.560 |
It's kind of this white labeled job platform. 00:05:25.360 |
And the way it works, there's kind of two parts to it. 00:05:34.080 |
because they're interested in new opportunities 00:05:42.480 |
that you don't want to see that you're looking for a job. 00:05:50.600 |
I don't know where else you'd go look for PMs 00:05:53.840 |
And fun fact, I make more income from just a job board 00:06:01.280 |
- And so it turns into a really interesting business 00:06:02.600 |
on the side and shows the power of an audience 00:06:05.080 |
with the newsletter and like the audience of that 00:06:07.440 |
being funneled to the job board, creating a marketplace. 00:06:15.640 |
is it more from people finding the job from the employer 00:06:20.960 |
where the employee putting themselves out there 00:06:29.280 |
And a job board meaning you post an opening on a job board. 00:06:34.000 |
it's like the best ROI in the history of hiring 00:06:37.480 |
'cause it's like 50 bucks, 100 bucks, 200 bucks 00:06:44.880 |
What actually worked is the reverse, the other piece, 00:06:50.720 |
I approve them and I only approve about 10% of people 00:06:55.320 |
And that has led to so many companies finding. 00:06:59.600 |
And so I think that model is a lot more effective 00:07:09.120 |
is there a directory of all the different job boards 00:07:18.280 |
to put myself out there in front of companies. 00:07:20.120 |
Are there other job boards or a directory of them 00:07:25.520 |
I think it's called Spotlight where you work with them 00:07:28.440 |
and they give you access to a ton of different job boards 00:07:33.280 |
And so I get these applications for one company 00:07:39.880 |
So yeah, that's pretty cool what they're building. 00:07:43.960 |
you're a candidate setting aside that it's in product, 00:07:46.400 |
but what are the things you think you've seen people do 00:07:50.480 |
but also to identify what they're interested in? 00:07:53.160 |
'Cause I think there's a world of all kinds of companies 00:08:02.320 |
and how hard they want to work and things like that. 00:08:05.880 |
if I think of four things that are really important, 00:08:10.360 |
the stage of the company, the mission of the company, 00:08:26.000 |
And there's a few reasons why that's really powerful. 00:08:37.840 |
Two, you'll learn a lot more from that group. 00:08:39.920 |
If you're just working with the smartest people, 00:08:44.560 |
which is a little bit underappreciated, I think, 00:08:46.960 |
the alumni network that you build from a company 00:08:49.400 |
that you work at ends up being a really huge asset 00:08:51.640 |
if you work at a company that ends up succeeding 00:08:55.120 |
So there's a lot of benefit to working in a place 00:09:11.440 |
And basically we find companies to invest in. 00:09:13.200 |
We invest using an SPV and look for ways to be helpful. 00:09:17.780 |
And it ends up being a really awesome, fun experience 00:09:23.360 |
where the smartest people you know are going. 00:09:34.200 |
And so I think it's really important to think about 00:09:38.080 |
I find there's like a really nice middle ground 00:09:39.920 |
where you look for a series B or a series C company 00:09:59.760 |
So stage, I would think about the mission of the company. 00:10:08.560 |
And so like, you're not gonna be that excited about that 00:10:11.560 |
unless the mission is something that you really care about. 00:10:18.800 |
As an example, Airbnb, they basically help people travel 00:10:24.760 |
And this applies to your podcast a little bit. 00:10:26.520 |
Like what would you do if you had all the money in the world? 00:10:30.860 |
And how cool is it to let people go on better trips, 00:10:35.160 |
So there's a really meaningful mission there. 00:10:37.040 |
And then the fourth is you just wanna pay attention 00:10:50.600 |
because one of the most powerful things you can do 00:10:53.200 |
to give yourself a chance to get a better job 00:10:55.840 |
is to have a logo or two from a company people recognize 00:10:59.400 |
and respect because that kind of pre-validates 00:11:03.000 |
Somebody else has interviewed you that you really trust. 00:11:10.720 |
but at least it's some level that gives you a quick like, 00:11:15.520 |
So you wanna work at a company that ends up being like, 00:11:23.440 |
when I first wanted to get a job at a startup. 00:11:28.960 |
And I was like, what company just raised a bunch of money? 00:11:33.600 |
And that company ended up like not actually going on 00:11:37.000 |
But that was a hypothesis I had actually played out 00:11:40.800 |
even though that company was out of business, 00:11:42.040 |
people were like, oh, I remember that company. 00:11:44.120 |
And so just the fact that I worked at this company 00:11:52.200 |
I'll add on a couple thoughts to what you said, 00:11:57.080 |
and for people listening that aren't in tech, 00:11:59.040 |
forget whether it's series A, series B or something, 00:12:10.720 |
If you want to really hone your craft in a specific vertical, 00:12:15.560 |
a later stage company is often gonna be a place 00:12:22.120 |
whether it's a set of managerial skills or anything. 00:12:26.960 |
you're going to accelerate the speed at which you learn, 00:12:35.720 |
You might think you're doing one role in product, 00:12:37.760 |
but you might also be doing a role in marketing 00:12:56.440 |
it's gonna be a lot easier at a small company to say, 00:13:20.440 |
not having to think about all the things at the company 00:13:31.040 |
and I have to think about paying people salaries every month. 00:13:34.400 |
It was just like, "Cool, we're gonna solve this problem. 00:13:37.960 |
Sometimes you want that, sometimes you don't. 00:13:39.840 |
- My wife was a chief of staff at Lyft for a bunch of years. 00:13:55.640 |
"Oh, I'm spinning up a team to work on insurance. 00:14:23.800 |
there are people that are well-known in their industry. 00:14:26.520 |
You could look at like any conference for an industry, 00:14:32.840 |
And sometimes there might be a good opportunity 00:14:37.360 |
And it might not be the mission that you love, 00:14:39.400 |
but it might be the best mentor you can find. 00:14:46.120 |
when you're trying to figure out where to go, 00:15:01.880 |
that you don't quit a job, you quit a manager. 00:15:04.640 |
finding a manager that you're really excited about 00:15:06.640 |
and think you can learn from and want to work from 00:15:08.920 |
and that will champion you is really important. 00:15:13.040 |
In my career, the biggest trajectory inflection 00:15:16.160 |
was just one manager I had that just taught me a ton 00:15:21.880 |
there's so much power and value in finding that person. 00:15:24.960 |
And if you can find the Japanese phrase Ikigai, 00:15:41.720 |
it's been very hard to find all of those things all the time 00:16:10.560 |
First I was a engineer, then I was a founder, 00:16:20.840 |
as you learn more about what you're excited about. 00:16:22.720 |
Like you're not stuck in the path that you chose. 00:16:47.760 |
So I think you don't need to know the future. 00:16:59.760 |
where would my career be in 10 years, 10 years ago 00:17:02.880 |
would be so wildly off from where it ended up 00:17:06.080 |
that maybe it would have been a fun exercise, 00:17:12.280 |
there's so much value in a variety of experiences. 00:17:24.840 |
who was like the number one tech newsletter on Substack 00:17:26.800 |
and he's like, yeah, I launched a newsletter. 00:17:35.440 |
and then working at these jobs, learning a bunch of stuff. 00:17:39.640 |
ends up being built on the experiences you have. 00:17:42.520 |
And a lot of people don't understand the value 00:17:48.080 |
Like here's the thing I'm gonna do for 10 years. 00:18:02.320 |
which is why I'm excited to partner with them 00:18:07.640 |
and it stands for the donor advised fund for you. 00:18:14.360 |
You can make your tax deductible contributions all at once, 00:18:17.360 |
or you can set aside a little each week or month. 00:18:22.320 |
You can easily contribute stocks, ETFs, or crypto. 00:18:25.720 |
Then you can give to more than 1 1/2 million charities, 00:18:32.120 |
My favorite part is that it lets you be more strategic 00:18:37.000 |
by having a single source of charitable deductions. 00:19:08.960 |
which is why I kickstart my day with Athletic Greens, 00:19:18.280 |
and I've kept it in my daily routine for months. 00:19:21.360 |
Every morning, I mix it up with some cold water, 00:19:23.760 |
add a few ice cubes, it tastes so good when it's cold, 00:19:33.240 |
I also love that it's made from 75 high-quality vitamins, 00:19:46.840 |
Athletic Greens is gonna give you a free one-year supply 00:19:52.280 |
and five free travel packs with your first purchase. 00:20:06.760 |
and pick up the ultimate daily nutritional insurance. 00:20:09.720 |
It's like you found a job, you found a handful of jobs. 00:20:15.680 |
you're much better off trying to narrow it down 00:20:20.800 |
and double down on your efforts to get in front of them. 00:20:25.040 |
find every person that I can that knows them. 00:20:27.320 |
I've tried creating a presentation and sending it to them. 00:20:30.920 |
You could create a video about how excited you are. 00:20:39.260 |
but as a founder, someone emailed me and said, 00:20:45.560 |
And I was like, "I have to interview this person." 00:20:50.080 |
to put something creative together about my company 00:20:56.000 |
And the bigger the company, the more it's like, 00:20:58.040 |
"Well, they actually have to fit a role we're hiring for." 00:21:06.960 |
And you can't scale that if you're interviewing, 00:21:08.840 |
if you have a thousand companies you're excited about. 00:21:15.600 |
"because I think that you can easily stand out 00:21:24.000 |
And one time he just like did customer research 00:21:28.440 |
He was like, "Hey, I interviewed your customers. 00:21:30.560 |
If you were in sales, you could go close a customer 00:21:33.320 |
and be like, "Hey, I just convinced a customer 00:21:38.800 |
who's closing deals before they even work there? 00:21:40.680 |
So I think if you can go through the hard exercise 00:21:47.720 |
to try to have candidates either who've applied to you 00:21:54.040 |
It reminds me, I was teaching a course on Maven 00:21:58.000 |
And I was interviewing coaches to help me with the course. 00:22:06.600 |
And one of the coaches started her own sub stack, 00:22:12.200 |
about how she's the perfect fit to coach this course. 00:22:17.140 |
"We need to make sure that we talk to her for sure." 00:22:25.060 |
And now she's a core part of my newsletter community, 00:22:32.800 |
I think generally, the question is how do you stand out? 00:22:41.600 |
And whenever I get a founder that makes a loom, 00:22:51.960 |
'cause they put in the effort and they do something unique. 00:22:56.640 |
Pick the people you really want on your cap table 00:23:01.080 |
I think broadly, if you don't do anything like this, 00:23:04.240 |
the things you need, 'cause I'm with the job board, 00:23:08.440 |
that applied to join the job board or the collective. 00:23:14.840 |
like what are they looking when they're scanning resumes? 00:23:17.240 |
They're looking for logos that they recognize 00:23:19.760 |
from companies that have pre-vetted that person 00:23:22.400 |
in some form versus like a bunch of random companies 00:23:26.040 |
You're not gonna be able to do a lot about this, 00:23:33.200 |
And then I think you mentioned this is just like impact, 00:23:42.840 |
And so the more you can highlight those things, the better. 00:23:45.160 |
But if you don't have those things, your advice is great. 00:23:52.840 |
If you'd rather not look at another 50th resume of the day, 00:24:00.320 |
if you wanna get through it in two and a half. 00:24:01.920 |
- I bet if I got an email that was like a little bit snarky, 00:24:04.320 |
a little bit funny, but a little bit informative, 00:24:09.360 |
it might be exactly what you need to get through that. 00:24:15.580 |
The app I use for editing my podcast, Descript, 00:24:17.160 |
has a loom like feature, but it doesn't have the tracking. 00:24:19.920 |
So now I'm like, oh, maybe I should switch over 00:24:28.400 |
Lenny, what advice do you have for me to nail the interview? 00:24:31.000 |
- I like, I don't know if I'm going to give you anything 00:24:33.480 |
other than just spend a lot of time preparing, 00:24:36.880 |
or stuff you'll hear from a lot of different people. 00:24:47.160 |
There's just like videos of all the interview questions 00:24:53.600 |
And it's like all the questions they ask you. 00:24:55.920 |
And it's like, you can go through all of them. 00:25:03.480 |
Another piece is get good at telling your story 00:25:13.000 |
I think it's just like, get good at pitching yourself. 00:25:15.320 |
And then you want to ask good questions of the interviewee. 00:25:20.160 |
because they want to feel like you care about the company. 00:25:22.760 |
- If they want to not just hear it, but feel it. 00:25:24.720 |
You said, I've interviewed people who I'm like, 00:25:29.400 |
And they're like, I just love personal finance. 00:25:30.840 |
I'm like, that's why you want to work in the industry. 00:25:33.880 |
I would say, especially the smaller the company, 00:25:43.120 |
I think that is tough for the other person to hear 00:25:46.800 |
And even if they don't, I'd try to slot it in 00:25:49.760 |
And I would also try to come up with a personal question 00:25:57.840 |
Because whenever anyone asks me a really hard question, 00:26:02.960 |
I'm like, that person really thought hard about this. 00:26:05.680 |
Or they transferred from interview to interview. 00:26:08.680 |
this is your biggest problem that your company's facing. 00:26:14.320 |
and they said this is the biggest challenge you're facing. 00:26:20.920 |
And it's like, well, now you get to learn a lot of stuff, 00:26:23.480 |
but it actually shows that you're trying to solve problems. 00:26:34.400 |
They can often leave people with a better impression of you 00:26:43.760 |
And I think it's like, my name is the actual handle. 00:26:46.400 |
And the most popular content is guests talking 00:26:51.840 |
I ask that often at the end of my podcast episodes. 00:26:54.800 |
And so if you're looking for more questions to practice on, 00:27:09.760 |
This is something I know you've written about. 00:27:12.840 |
but I'm hoping you have some of the takeaways 00:27:14.640 |
because they were fantastic about salary negotiation. 00:27:18.400 |
I think it's something that people spend far less time on 00:27:25.600 |
- Yeah, this post ended up being the most popular post 00:27:29.560 |
partly 'cause it got on Hacker News and got a ton of views 00:27:35.040 |
And it's good and bad, but I learned a ton from it. 00:27:44.080 |
I don't even know if I've ever negotiated a salary. 00:27:46.600 |
And so I wanted to learn how to do this well. 00:27:50.640 |
is helping candidates negotiate their offers. 00:28:02.440 |
One is she super recommends you never give a number 00:28:11.880 |
Can you tell me the salary band for this level? 00:28:14.940 |
I'm happy to let you know if it's within my range 00:28:22.240 |
And that range ends up being really useful later 00:28:33.800 |
into what they're looking for from this role. 00:28:36.400 |
Like what's the number one priority of the team right now? 00:28:55.720 |
Here's the challenges I'm gonna tackle immediately. 00:29:03.200 |
Like ask these questions so that you can have notes 00:29:05.120 |
when you're actually pitching yourself later. 00:29:14.920 |
no, I think this is a better, more fair number. 00:29:33.520 |
Just like, hey, I just wanna chat about this role. 00:29:47.920 |
in accepting the offer and taking on the role. 00:29:50.460 |
And try to get them excited about you joining the company. 00:29:53.220 |
And with that, then you can come back with like, 00:30:00.260 |
And in theory, if you got them really excited, 00:30:10.260 |
You could even talk to the person that would be your manager 00:30:13.580 |
I know we're talking about salary negotiation already, 00:30:15.780 |
but I just wanna figure out like, what's the 90-day plan? 00:30:26.760 |
- Right, like get them in the hell, let's get going. 00:30:35.560 |
but there's often a lot of flexibility in other places. 00:30:41.600 |
Some companies, things like vacation days are flexible. 00:30:44.280 |
Some they're just based on tenure or everyone gets the same. 00:30:52.740 |
we're not really willing to flex on the salary, 00:30:57.360 |
that they are willing to flex on a signing bonus. 00:30:59.940 |
They are willing to flex on various other aspects 00:31:02.400 |
of compensation, like what your estimated bonus is. 00:31:11.500 |
And I'm not trying to tell you how much to pay me. 00:31:13.460 |
I'm trying to tell you that I'm at the next level. 00:31:17.420 |
And he said, great, how about we have a check-in 00:31:19.420 |
in six months and you tell me what I need to demonstrate. 00:31:24.700 |
And if I will, would you retroactively update my compensation 00:31:30.340 |
If you're not willing to believe I'm there now, 00:31:37.180 |
Three months in, he checked in with them and said, 00:31:41.420 |
Which by the way, genius move for this person 00:31:48.100 |
than actually getting your promotion put through 00:31:52.940 |
But then when you check in six months later and you say, 00:31:57.300 |
Like we haven't had any conversation to the contrary. 00:31:59.860 |
If I'm not getting this, then why were you telling me that? 00:32:03.860 |
before you negotiate, you're getting the buy-in 00:32:05.540 |
that you're already gonna get approved for this change. 00:32:12.740 |
And if a company's not willing to flex there, 00:32:16.380 |
- Still so hard to do this negotiation thing. 00:32:23.420 |
His advice was to always just put the decision 00:32:26.100 |
in someone else's hand and say, what do you think is fair? 00:32:33.500 |
And you know that they're trying to kind of screw you over 00:32:46.060 |
I'd like to be compensated fairly with this data. 00:32:50.900 |
And like force it on them to make a fair decision, 00:32:56.900 |
But I like and have used many times the tactic 00:33:04.980 |
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I just wanna thank you quick for listening to 00:36:08.160 |
So, please consider supporting those who support us. 00:36:14.460 |
and I wanna focus on something that applies to everyone, 00:36:21.320 |
I don't wanna go through every possible thing, 00:36:23.780 |
but there are a few things that I think you might have 00:36:29.280 |
and the first one is actually about having impact 00:36:32.260 |
in an organization, and hopefully a little bit 00:36:39.600 |
So, what do you think people should be optimizing for 00:36:59.160 |
if you deliver more impact, you will do better. 00:37:02.360 |
That's like 90% of your success at a company. 00:37:05.300 |
Then there's like, people need to know about your impact. 00:37:07.960 |
You need to be working on things that matter. 00:37:14.040 |
or you could have impact on the core number one goal, 00:37:22.960 |
who are basically marshaling the resources of their team. 00:37:27.040 |
And the more you focus on how can our team have more impact, 00:37:32.080 |
- Let's pretend you just started a new company. 00:37:33.600 |
How do you find the way you can have that impact? 00:37:36.660 |
- I think about Lord of the Rings and the Eye of Sauron. 00:37:40.560 |
what's the most important project to the CEO right now? 00:37:45.640 |
He's looking at that, or she's looking at that, 00:37:47.720 |
and that's gonna be like so stressful and difficult. 00:37:53.000 |
And then the alternative is you could be working in a shire 00:38:00.840 |
I would say generally you wanna optimize on average 00:38:09.120 |
but not like the most important thing to the company, 00:38:12.560 |
because you just get burned out being in that thing 00:38:14.320 |
that's like the number one most important product. 00:38:16.880 |
So that's just like a general piece of advice. 00:38:24.800 |
how do you find what the most important thing? 00:38:34.280 |
Those sorts of things, like what's being prioritized? 00:38:37.760 |
I've seen you write about how to get promoted effectively, 00:38:43.120 |
- Yeah, if you're like, why am I not getting promoted? 00:38:45.800 |
It usually means that you're not delivering enough impact 00:38:49.000 |
or people don't have confidence that you will deliver 00:38:51.400 |
the impact that you need to at a higher level. 00:39:15.480 |
work on something closer to the eye of Sauron, 00:39:17.840 |
something higher visibility and more important, 00:39:20.480 |
maybe help the company save money or run more efficiently, 00:39:26.200 |
that you've done things that are really important 00:39:35.600 |
they have to have confidence that you can handle it. 00:39:56.440 |
that's gonna be really important to the company. 00:40:03.320 |
I think what's important here is a lot of people 00:40:09.120 |
And so you gotta find opportunities to take on more scope. 00:40:13.960 |
so let me just run through them pretty quick. 00:40:15.560 |
Three is part of the reason you're getting promoted 00:40:18.200 |
is there's this gap that your manager has identified. 00:40:21.040 |
Like Chris needs to work on better deadline setting 00:40:31.720 |
Here's the gaps that keep you from the next level. 00:40:34.120 |
Like you shared this story about your friend. 00:40:42.480 |
A tip that I would suggest that I found really powerful, 00:40:51.120 |
align with your manager on like a spreadsheet of things 00:40:53.760 |
that you plan to do in the next, say, six months 00:40:59.080 |
Like I'm gonna work on becoming a better public speaker. 00:41:09.280 |
Just make a list of the things you can actually do 00:41:12.840 |
And then meet with your manager/report every month 00:41:16.200 |
and review the status of each of those things. 00:41:18.200 |
It becomes this little roadmap where you're aligned on, 00:41:24.400 |
So that by the time you get to performance review, 00:41:40.920 |
and can champion you inside these calibration sessions. 00:41:48.320 |
A lot of companies have these gray area things 00:41:51.400 |
that matter a lot that you may not be aware of. 00:41:53.320 |
So just look at people who are getting promoted. 00:42:00.320 |
Maybe you have to be really good at communication. 00:42:05.440 |
is you just need to ask to get promoted sometimes. 00:42:08.120 |
Sometimes managers don't know you wanna be promoted. 00:42:12.720 |
hey, I would love to be promoted to the next level. 00:42:23.880 |
sometimes you need to leave and work somewhere else. 00:42:27.760 |
and you just have, I don't know, certain reputation. 00:42:30.680 |
Your manager is just not good at championing you. 00:42:45.680 |
we were told it was like, this is a terminal position. 00:43:16.240 |
you don't need to meet the expectations of your role. 00:43:18.600 |
You need to demonstrate that you can handle the next role. 00:43:24.280 |
or been a prolific manager at any point in time, 00:43:33.800 |
that they can do the job that they want to get promoted to 00:43:44.120 |
it's like, what do I need to demonstrate to be a director? 00:43:50.000 |
Because sometimes you need to do the next level's job 00:43:53.560 |
- Yeah, and that's how it works in calibration. 00:43:56.800 |
there's like a lot of big companies have these ladders 00:43:59.520 |
and they tell you what each level needs to achieve. 00:44:02.400 |
And so if someone's gonna be promoted to say L7, 00:44:05.040 |
there's like, here's what L7 has to be good at 00:44:12.600 |
It makes sense, like your job is gonna now be that. 00:44:15.160 |
You wanna be confident that they can handle that. 00:44:17.360 |
- And if that ladder is not public, ask for it. 00:44:19.480 |
There are some companies that might not publish it 00:44:26.600 |
or could the requirements of the next level of my role? 00:44:29.040 |
And hopefully you can get that and understand it 00:44:36.680 |
and I have this doc that has all their level names 00:44:38.880 |
and then the attributes for product managers specifically 00:44:49.480 |
that strategy is to always do whatever your boss wants 00:44:53.720 |
I am someone who probably has never adhered to that, 00:44:56.120 |
maybe to my own demise and pushed back too much. 00:44:59.280 |
What do you think is the right balance of saying no 00:45:14.600 |
Like you could almost say your job is to say no 00:45:19.720 |
So it's really important to say no, to push back. 00:45:22.800 |
It's still very hard, especially if your manager's like, 00:45:25.920 |
So I wrote this post with five ways you can say no 00:45:32.760 |
So I'll share some of these quotes that you can steal 00:45:37.400 |
So the first two is someone asks you to do something. 00:45:40.400 |
You could say yes, but here's what's gonna have to change. 00:45:46.280 |
And oftentimes they're like, yes, let's go ahead. 00:45:50.360 |
I don't wanna deprioritize that, forget that. 00:45:57.480 |
because we gotta stay focused on X because of X, Y, Z. 00:46:19.240 |
Basically, this is when you have a better idea, 00:46:32.960 |
How about we explore this a little bit further 00:46:37.440 |
And then the fifth way you could approach it is just like, 00:46:42.920 |
Would you agree or is there something I'm missing? 00:46:54.280 |
And one of the tactics I shared when we spoke on your show 00:46:57.360 |
was that I was so confrontational about things 00:47:00.840 |
because I was so used to working at a company 00:47:06.800 |
that obviously I was always optimizing for the company 00:47:11.240 |
And then I joined a company where I wasn't in charge. 00:47:15.520 |
there are a lot of people who are optimizing for themselves 00:47:20.080 |
I was like, everyone's got to optimize for the company. 00:47:23.440 |
That's how I lived in my last companies that I've run. 00:47:26.280 |
So a tactic that helped me when I was pushing back 00:47:31.520 |
is just always making sure that I told people, 00:47:33.920 |
hey, I'm thinking about this from the perspective 00:47:36.160 |
of trying to maximize the impact from the company. 00:47:39.560 |
And because sometimes I'd say, oh, we shouldn't do that. 00:47:44.360 |
oh, well, you just don't want to do more work 00:47:55.720 |
So just stating your intent before you push back 00:48:05.320 |
and know exactly why we think no or why we're saying this. 00:48:10.600 |
- So real quick, before we talk about what happens 00:48:15.400 |
part of getting things done is being productive. 00:48:24.840 |
on how you manage your time and get a lot done 00:48:33.520 |
I'll share a few things that worked really well 00:48:36.920 |
And I don't think anything will be revolutionary, 00:48:38.720 |
but these things really work for me at least. 00:48:40.840 |
One is I blocked three hours on Monday, Wednesdays, 00:48:50.280 |
And it made people laugh, but it really worked really well. 00:49:04.440 |
Because I'm sure you've talked about deep work 00:49:08.280 |
but I find that that's so important for creative work. 00:49:11.200 |
In my new life of newsletter or podcast person, 00:49:14.480 |
I have no meetings until 3 p.m., that's my rule. 00:49:16.880 |
And only at 3, I have meetings and things like this. 00:49:44.720 |
Something I'm trying right now that works well 00:50:11.520 |
It's very like getting things done, David Allen style, 00:50:14.340 |
where I have all these open threads of people doing stuff. 00:50:17.280 |
And I keep a list of who am I waiting for on these things 00:50:20.160 |
so that the to-do, even though it's on someone else's plate, 00:50:27.720 |
and then it's like record podcast or whatever. 00:50:32.640 |
The other interesting thing I find is procrastination 00:50:36.760 |
I find that sometimes I procrastinate on a hard thing, 00:50:39.240 |
but I get a lot of other smaller things done. 00:50:46.280 |
And there's value to just procrastinating off the thing 00:50:54.000 |
and get stuff done that I need to get done anyway. 00:51:07.280 |
a little bit of momentum to get into that flow state. 00:51:10.000 |
So it's like, I got this really big, hard thing. 00:51:12.040 |
Do I want to sit down and do all this research? 00:51:14.160 |
Or do I want to knock off a few quick things? 00:51:17.400 |
And then I'm like, oh yeah, I'm making progress. 00:51:24.360 |
And at least for me, once I start feeling productive, 00:51:27.400 |
it's just so much easier to be more productive 00:51:40.680 |
on productivity, with Cal Newport on deep work 00:51:46.360 |
there's a lot in the archives to go check out. 00:51:53.040 |
You're no longer a full-time employee with a company. 00:51:56.760 |
How did you even decide maybe I should move on? 00:52:14.600 |
ah, I'm going to be out of here in three years 00:52:35.360 |
right around when I was reaching seven years. 00:52:39.760 |
I remember just opening my email for the first time. 00:52:46.240 |
And I just had this like heart sinking feeling 00:52:49.320 |
where I'm like, I don't care about this at all anymore. 00:52:55.280 |
I don't want to think about any of this ever again. 00:52:59.760 |
maybe I'm not excited about this work anymore. 00:53:08.800 |
is there like a new team maybe I could work on, 00:53:15.160 |
and I immediately felt like my heart was done with that work, 00:53:20.600 |
It was like, maybe there's something more interesting. 00:53:22.920 |
Maybe there's something else I could work on. 00:53:24.280 |
So I took a month basically to think and talk to people 00:53:26.920 |
about other roles, other teams, other opportunities. 00:53:31.000 |
it was like, nope, nothing that gets me very excited. 00:53:47.080 |
And so what I decided to do is I'm going to leave Airbnb 00:53:54.640 |
and here's a tip if you ever think about something like this, 00:54:03.280 |
Like it's going to be $30,000 to take six months off, 00:54:12.760 |
knowing like burning through money as I'm not working, 00:54:16.400 |
And it's like maybe sitting in a bank account somewhere 00:54:19.000 |
and that gives you more freedom to just explore 00:54:21.760 |
oh my God, I need to find something as soon as possible. 00:54:30.000 |
well, I know I have enough savings to take time off. 00:54:32.920 |
And this is something that I'm actively thinking about 00:54:35.120 |
now that I'm creating this business on my own, 00:54:44.760 |
It's like, gosh, I don't have a salary coming in. 00:54:50.000 |
put it in a bank account and automate the transfers. 00:54:52.480 |
So it like simulated as if I was getting my paycheck 00:55:03.280 |
during this time, in addition to the personal runway, 00:55:06.440 |
is there's so little structure when you aren't working. 00:55:16.360 |
And it's so weird to not have structure in your life. 00:55:19.720 |
There's no like, I need to achieve this thing by then. 00:55:22.200 |
Like you could work all day, you could not work at all. 00:55:27.700 |
Like it feels like it shouldn't be, but it really is. 00:55:29.960 |
So what I did is I created structure for myself. 00:55:32.760 |
And the way I did that is I created these little sprints 00:55:38.520 |
here's the three goals I have for the next two weeks 00:55:41.440 |
that are work goals and three personal goals. 00:55:46.440 |
that became kind of this like personal board of directors 00:55:57.160 |
And then circling back in two weeks and sharing, 00:55:59.120 |
here's how I did, created so much accountability 00:56:03.760 |
And I ended up doing that for a year straight 00:56:08.680 |
just to like, here's how it's going so far per sprint. 00:56:13.280 |
to where I ended up just creating a little bit of structure. 00:56:16.200 |
And that email list ended up being like 30 people 00:56:21.920 |
And just like, hey, you wanna join this list I'm doing? 00:56:24.160 |
So that's a tip if you don't have enough structure 00:56:34.200 |
- Maybe I'll make a Google doc, just a template one 00:56:36.120 |
if you don't mind and we could just share it with everyone. 00:56:38.600 |
- Put it in the show notes. - Yeah, absolutely. 00:56:42.040 |
is as a creator, which you left and you started, 00:56:44.400 |
I think the first thing out of Airbnb was a newsletter. 00:56:49.960 |
but I love the idea of experimenting with creation. 00:56:53.280 |
And I think depending on the company you work at, 00:56:55.160 |
you might be able to experiment before you leave. 00:57:04.000 |
Clear that, don't do it on your work computer, 00:57:05.840 |
do it on your personal computer and all those good things. 00:57:09.720 |
was I had all this knowledge about optimization, 00:57:16.080 |
that could be a business that could be how I spend my days. 00:57:25.360 |
or I don't know how I could test if it really is a thing. 00:57:28.000 |
- I think there's two things I'll cover there. 00:57:29.360 |
One is, can you start something while you're at a company? 00:57:49.320 |
And I think the advantage folks like you and I have 00:58:02.160 |
are not gonna have as much time as someone like you and I 00:58:20.560 |
like I hadn't really written anything public in my life 00:58:24.160 |
before I started this newsletter, just experiment with it. 00:58:31.680 |
I just had like stuff I wanted to get out of my head 00:58:33.640 |
when I left Airbnb, just to make sure I don't forget it 00:58:38.080 |
And so I just started, I wrote a Medium post, 00:58:43.040 |
In the sprint goal thing that I talked about, 00:58:50.520 |
And the whole time I was like, why am I doing this? 00:58:58.960 |
Time investing, my wife's like, what are you doing writing? 00:59:15.240 |
You found like some kind of product market fit. 00:59:20.080 |
And even if there's no way you could ever make money with it, 00:59:31.840 |
a little time pressure to post something once a week 00:59:55.720 |
- Massive, number one business newsletter on Substack 01:00:02.920 |
and then the podcast kind of spun out of that. 01:00:10.120 |
because I was thinking, gosh, I'm leaving my job, 01:00:16.120 |
trying to like look at all the posts you've written. 01:00:19.640 |
I really want to build this impactful project. 01:00:32.440 |
So more to come there, but it's been very helpful. 01:00:37.320 |
Before we wrap, anything we missed in this process? 01:00:39.720 |
I know you've written so many great newsletters. 01:00:43.920 |
- There's something that I thought would be good to share, 01:00:47.640 |
I find that whenever I tweet about managing up, 01:01:02.240 |
There's a lot of value in your manager knowing 01:01:04.960 |
what's on your mind, what's important to you right now, 01:01:08.000 |
So something that I found to be really powerful 01:01:09.920 |
is an email that I call the state of me email. 01:01:18.360 |
And in the email, and I email this to my manager 01:01:23.520 |
I write out, here's blockers that I need your help with. 01:01:31.000 |
And then here's what's on my mind in general. 01:01:36.160 |
let me know if there's anything that I can clarify, 01:01:40.080 |
And I found that one email created so much value 01:01:45.320 |
They could tell me, hey, why are you working on that? 01:01:52.680 |
And then generally there's stuff on your mind. 01:02:03.480 |
Just like blockers, priorities, what's on your mind. 01:02:30.200 |
I wish that some of these things I had taken before, 01:02:32.720 |
but like I said, I didn't know where I'd be now. 01:02:39.040 |
will hopefully get a lot of value out of this 01:02:46.600 |
you could give some recommendations to people 01:02:50.520 |
whether it's eating, activities, drinks, something to do? 01:03:00.640 |
I live in Marin, California, which is north of San Francisco. 01:03:07.000 |
I'd say stay at this hotel called Cavallo Point Lodge. 01:03:12.400 |
Then take a little walk around Sausalito along the water. 01:03:15.080 |
There's this boardwalk that goes along the water. 01:03:26.600 |
There's this art piece called the Woodline in the Presidio 01:03:31.520 |
that you can walk along amongst these huge eucalyptus trees. 01:03:36.440 |
Then you can go to say Fillmore Street or Chestnut 01:03:44.620 |
buy some nice fancy things in some of the nice stores. 01:03:48.040 |
Then I'd say drive back to Marin and maybe to Fairfax, 01:03:51.460 |
which is further North, rent a mountain bike, 01:03:54.780 |
find some trails, mountain biking was invented in Fairfax. 01:04:00.200 |
there's like a thousand trails you could go along. 01:04:02.560 |
So maybe spend a few hours hiking around Mount Tam, 01:04:09.520 |
or there's another cute little town, San Anselmo. 01:04:12.240 |
And then head home to your cute little hotel in Sausalito. 01:04:18.040 |
I'll throw out a recommendation for a place called Fish, 01:04:20.400 |
which is just like a seafood restaurant on the water. 01:04:24.460 |
- It meets the requirement of being Bay Area expensive, 01:04:36.700 |
- Someone was like, can we meet at this bakery in Mill Valley? 01:04:40.740 |
this is literally like this quintessential cute little shops 01:04:44.700 |
and a little flower store and a bakery and a little creperie. 01:04:51.480 |
highly recommend that as a stop in Mill Valley. 01:05:02.120 |
My wife's got Celiac and so it's her favorite place. 01:05:09.420 |
where can people go find all of these great newsletters, 01:05:12.000 |
all the conversations you're having with people, 01:05:15.800 |
which depending on whether this comes out at the same time, 01:05:21.560 |
- The hub of all things I do is Lenny'snewsletter.com. 01:05:26.760 |
It's designed for anyone that's building product, 01:05:28.920 |
growing product, mostly product managers, founders, 01:05:31.960 |
designers, engineers, anyone basically working on software. 01:05:47.640 |
- One of my friends, when I was in high school, 01:05:49.320 |
just called me Lenny San for some unknown reason 01:05:52.820 |
I didn't know I was gonna be stuck with that username 01:06:06.040 |
If you haven't already left a rating and a review 01:06:16.440 |
I'm Chris@allthehacks.com or @Hutchins on Twitter.