0:03
today I am super excited to bring you a
0:05
very special episode with Shas Doshi
0:07
recorded live at the lenan friend Summit
0:09
in front of a thousand people in San
0:11
Francisco this is shas's second time in
0:13
the podcast his first visit is the third
0:16
most popular episode of all time of this
0:17
podcast and I love that tros was game to
0:20
try this in our conversation tros shares
0:22
three questions plus a bonus question
0:25
that he wished he'd ask himself sooner
0:26
in his career we talk about why product
0:28
leaders are so busy why the job is so
0:31
frustrating why it is so essential to
0:33
build good taste and also why you're
0:35
probably not listening as well as you
0:37
should be this was so much fun a huge
0:39
thank you to shos for doing this if you
0:41
enjoy this podcast don't forget to
0:43
subscribe and follow it in your favorite
0:44
podcasting app or YouTube it's the best
0:46
way to avoid missing future episodes and
0:48
helps the podcast tremendously with that
0:50
I bring you shos
0:57
Doshi shos thank you so much for being
0:59
here and welcome to the podcast thanks
1:02
Lenny for having me this is amazing I
1:05
was going to ask what do you uh we
1:06
recorded our first episode I think two
1:08
years ago and it was I was like in a
1:10
tiny room in my house I don't know where
1:11
you were but it was very uh not like
1:14
this thoughts on the setup of this
1:17
episode so first the Lenny Empire keeps
1:21
growing which is amazing to
1:23
see uh and second uh as I was coming up
1:27
here uh somebody told me this used to be
1:29
a car de dealership and I actually
1:32
realized I purchased my car here
1:35
what so crazy only in SF what kind of
1:39
car was this say more it's a Honda CRV
1:44
okay wow uh I'm told this venu was also
1:47
used for uh Jimmy Hendrick performed
1:50
here and artha Franklin performed here
1:53
so we're it's like Jimmy Hendrick ARA
1:56
Franklin Shas there we go that's going
1:59
up on my Twitter by
2:01
soon okay so so usually when we talk
2:06
you're full of ideas and you're full of
2:10
answers when we were preparing for this
2:12
you told me I have questions I have
2:14
questions I want to ask you know
2:17
reflecting on my career as a PM leader
2:22
over the
2:25
years there are some questions I wish I
2:28
had asked myself sooner
2:31
but I did not um and I had the great
2:35
luck of having a life a PM life full of
2:40
suffering um and I have zero complaints
2:44
about it uh but as I look back I feel
2:48
like there are some
2:50
questions that I wasn't even if I asked
2:53
myself some questions those questions I
2:55
wasn't honest to myself about the
2:59
answers so that that's what I thought
3:01
I'd do is kind of share the questions
3:03
that I wish IID ask myself sooner
3:06
awesome love that
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okay this episode is brought to you by
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p a a
5:36
n.com uh I what's the first question
5:39
right so let's see the first question is
5:43
why am I so
5:46
busy why am I so busy um and the
5:50
background is that like you know I have
5:53
spent most of my career just being
5:57
completely stressed out just absolutely
5:59
stressed T out every
6:02
day uh and there were many reasons for
6:05
it but one of the core reasons was I was
6:08
always super
6:10
busy and there was always work I felt
6:13
like I couldn't do that I wanted to
6:16
do uh and so I would go home at the end
6:20
of the day and even if ID worked hard
6:23
I'd just feel
6:26
dissatisfied uh and so that that was a
6:29
constant fixture of My Life as a PM PM
6:33
leader and it's only so I I I did like
6:36
the product I did product work for about
6:38
20 years before I started this new
6:40
chapter of my
6:41
career and I think I only fixed it in
6:45
the last three or four years of my
6:48
career as a PM
6:49
leader uh but you know that means that
6:52
there were about 16 or 17 years where I
6:56
was just incredibly busy and because I
6:58
was incredibly busy I was extremely
7:00
stressed and even though I was doing a
7:01
good job I was not feeling very good
7:03
inside and then that showed up in my
7:06
body like all sorts of pains and aches I
7:08
realized were actually not physical
7:10
pains and aches they were pains and
7:12
aches from the
7:14
stress uh just like health issues that
7:16
you had yeah yeah minor stuff so you
7:18
know I mean relatively minor stuff but
7:22
you know like playing tennis and you
7:24
pull your back muscle and now you are
7:26
horizontal for 3 Days doesn't feel good
7:31
uh who here is very very busy and it's
7:33
just way too busy raise your
7:35
hand oh that's it yeah I know whoa
7:39
everyone's like everybody yeah you're
7:41
like yeah yeah I don't have to to raise
7:43
my hand I'm busy
7:48
yeah okay keep
7:50
going yeah and so uh so here's the thing
7:54
um you know when we talk about being
7:56
busy and managing your time energy all
7:59
of that
8:00
I mean this is a group of senior product
8:02
people so you all know the T tips and
8:05
techniques right like maintain a to-do
8:08
list I found the LNO framework very
8:10
useful for me which I've shared before
8:13
uh you know I used to like working out
8:15
of a
8:16
calendar those types of
8:19
things and I think you are all familiar
8:21
with those
8:23
things uh but what I wanted to call out
8:26
is that uh at some point in our product
8:30
career we reach something we reach an
8:33
immovable
8:35
force that will just overwhelm us no
8:38
matter what we do and that force is a
8:42
scope okay so as we grow in our product
8:45
career our scope grows and we kind of
8:48
like
8:49
that which is all great but at some
8:52
point if you haven't already gotten
8:54
there many of you have but for those of
8:56
you who haven't you will get there where
8:58
your scope will be so large
9:00
that no matter what you do in terms of
9:02
efficiency whatever you know framework
9:05
you use for prioritization whatever
9:07
framework or tool you use to manage your
9:09
to-do list whatever tools and techniques
9:12
you use whatever prioritization you do
9:15
your scope is so large that you are
9:18
still going to be incredibly
9:21
busy right and so so that's what I faced
9:24
like I was saying for the first about 16
9:27
17 years of working on products and only
9:30
in the last three or four years was I
9:32
able to kind of find some
9:35
answers on sort of how to deal with that
9:39
scope right uh and so perhaps we can
9:42
talk about that what do you think yeah
9:43
so you're basically saying there's all
9:45
these productivity tricks ways to do
9:47
more faster and no matter how many of
9:50
these tools you've got you're just going
9:52
to take on more and more work and
9:53
they'll Peter out I'll say uh many of my
9:56
most popular newsletter posts are here's
9:58
productivity tricks and tips right and
10:00
so people are always looking for these
10:02
and I'm curious to hear where you go
10:04
with this of just like that is not the
10:06
answer long term there's a different
10:07
approach yes uh and so so the challenge
10:11
is the
10:12
following how many of you are going
10:14
through uh some kind of annual planning
10:16
right now or you're planning on going
10:18
through annual planning please everybody
10:20
loves annual planning
10:22
great uh so let's take annual planning
10:26
right uh if you are like a high level
10:28
manager leader with in a company uh what
10:32
is the typical kind of what does your
10:35
month look like or in some cases
10:37
unfortunately what do your two or three
10:38
months look like when you're going
10:40
through annual planning right it's all
10:43
these kind of like spreadsheets to fill
10:45
out and meetings to have and
10:47
dependencies and priorities and
10:49
stakeholders to meet and so on right uh
10:52
and so so I noticed for instance that uh
10:56
at some point that was making me like
10:58
really busy
11:00
and then that was making me feel guilty
11:02
now because I had my like team to look
11:04
after and to support and then I had you
11:08
know product decisions to make and
11:09
various other things and I've gone on
11:11
some like you know planning Retreat or
11:14
whatever uh and you know there you go
11:17
you last four five six weeks like does
11:19
that sound familiar to folks like am I
11:22
yeah okay so so I noticed that I needed
11:25
to change that at some point and uh
11:29
actually found a solution again late in
11:32
my career but I found a solution because
11:34
I asked myself this question which is
11:36
why am I so busy I'm doing all the
11:37
efficiency things I'm managing my to-do
11:39
list like a champ I have my calendar set
11:42
up just right I have my routine set up
11:44
just right I'm working out so that I'm
11:46
engaged at work I'm productive I I'm
11:48
doing all of that why am I so busy oh
11:52
it's planning season and that is
11:54
supposed to take up four to 6 weeks and
11:57
this was at stripe uh when I encounted
11:59
CED this so that is supposed to say take
12:01
up four to six
12:03
weeks well I realized uh that you don't
12:07
have to do that right uh and so at some
12:10
point in my time at stripe what I
12:13
realized is the following right like we
12:15
go through a whole kind of all sorts of
12:18
you know just rituals around planning
12:21
for four to 6 weeks then we emerge and
12:24
we share our plan with our Executives
12:26
they ask us some you know you know the
12:28
questions they're going to ask like if
12:30
money were no concern what would you do
12:33
what what is your ambitious plan so if
12:35
we gave you five more Engineers what
12:37
would you do what other things would you
12:39
include in the road map right like the
12:41
standard stuff right and so you emerge
12:43
you do your presentation and then you
12:45
publish the plan and then you start the
12:48
new year with a lot of enthusiasm and a
12:51
lot of excitement and January goes fine
12:55
until you get three customer escalations
12:57
for features that were not in your plan
13:00
right and so now you try to figure out
13:01
how you going to revise resources you go
13:03
talk to some dependency team that's
13:06
going to sort of you know support these
13:07
new features from these customer
13:09
escalations and you go through that
13:11
process and you revise your plan again
13:13
and then by the time usually by the time
13:15
it's end last week of February
13:18
everybody's forgotten the actual plan
13:20
right and now we are executing off of
13:22
like some other you know list somewhere
13:26
right uh and so and by the way when you
13:28
mention this When you mention this at
13:30
times politely of course you might
13:32
mention like you know I'm noticing we're
13:34
not actually like really using the plan
13:37
that we spend four to six weeks minimum
13:40
doing uh and then some smart person in
13:43
the room chimes in
13:45
with plans are useless but planning is
13:51
everything okay some I don't know
13:53
Eisenhower somebody else I don't know
13:55
who who said this plans are useless but
13:57
planning is everything nobody knows what
13:59
it means nobody knows what that means
14:03
but everybody appreciates ah plans are
14:05
useless but planning is everything right
14:08
so I went through a few years of this
14:11
and then I go you know what I'm going to
14:15
bend some rules
14:16
here and so what I realized Lenny is um
14:21
you don't have to go through these four
14:22
to six
14:24
weeks and it was an accident basically
14:26
what happened is around that time the
14:28
product I was working on strike connect
14:30
that was like like it's like a major
14:32
product for stripe major major business
14:34
for stripe and I had put together uh a
14:38
product strategy like a real product
14:41
strategy for this
14:42
product um and so this must have been
14:45
like earlier in the year and so now
14:47
planning season came along right and the
14:51
interesting thing I found is that
14:52
because I had a real product strategy
14:55
not one of those fake ones a real
14:57
product strategy that I I had gotten
15:00
alignment on with
15:03
everybody my planning for this major
15:06
product for stripe took me like 3
15:10
days right so while a lot of my peers
15:13
unfortunately for their own products
15:15
were in this like four to six week cycle
15:18
of like planning and meeting and blah
15:20
blah blah I just put it all together in
15:22
three three days right and whatever
15:25
artifacts were needed I put them
15:26
together uh I did not fill out some
15:28
templates that that's where you know
15:30
it's about bending the rules because if
15:32
a template doesn't make sense why should
15:33
I fill it out right like there's no need
15:36
to fill it out um and so that's when I
15:39
realized that actually actually if you
15:41
have a real product strategy a real one
15:43
that everybody is aligned with that you
15:45
have got pre-alignment on then a lot of
15:48
this nonsense we tend to do with annual
15:50
planning actually goes away now you
15:52
still have to do some resource
15:54
allocation and all of that but even
15:56
there you don't need that false
15:58
precision
16:00
like how many of you have gotten into
16:01
arguments about so should it be eight
16:04
Engineers for this team in
16:07
2025 or nine Engineers for this team in
16:10
2025 like who cares we all know that
16:13
even those numbers that we set up we
16:15
don't actually follow through on them
16:16
right as 25 25 happens so that's just an
16:21
example of where we spend a lot of time
16:24
on things that we think are strategic
16:27
that we think are important
16:30
but actually we ought to spend those
16:32
that time on other much higher leverage
16:35
things right now it does require some
16:37
upfront work in this case upfront work
16:40
on a clear product strategy that
16:42
everybody understands that everybody's
16:43
aligned on but frankly if you have that
16:47
planning should be a
16:49
breeze so what would be what would be
16:51
your kind of tactical tip for folks that
16:55
want to do this better I know there's
16:57
like probably a billion examples of
16:58
these sorts of things you shared so
17:00
planning is an example folks that want
17:01
to be less busy maybe on that one is it
17:05
give yourself very little time and focus
17:07
on strategy and let that be the the plan
17:10
basically versus like every single
17:12
person and their road map for the next
17:13
six months like what's the piece of
17:15
advice to each other and then I want to
17:16
move on to the next question because I
17:17
want to make sure we get through all
17:18
these questions yes uh you know uh
17:21
there's definitely a specific tip which
17:23
is um if you do have a strategy that
17:25
will make a lot of your prioritization
17:27
problems go away uh it will make a lot
17:30
of uh planning problems go away uh and
17:34
even if you do have some escalation from
17:36
sales which you will or from support or
17:39
somewhere else you now have at least a
17:41
more rigorous framework to kind of
17:44
figure out what to do with that
17:46
escalation uh so there's definitely that
17:48
but I think the other thing I want to
17:50
share is that um and this was my other
17:53
realization as I asked the question why
17:54
am I so busy is I realize that I am so
17:59
so busy because I'm not making good
18:03
product
18:05
decisions okay now you have to
18:07
understand by this time I'm like you
18:09
know 15 years into building products and
18:11
whatever 11 years into being a product
18:14
manager and so I think I'm pretty good
18:17
like that's my kind of sort of
18:20
self-image but then again if I'm being
18:23
honest to
18:25
myself I'm not making as good product
18:28
decisions as I can uh so can I share an
18:32
example of
18:33
pleas uh
18:35
so what I noticed is that
18:38
um you know you have a meeting about
18:40
some product feature uh that somehow is
18:44
requested or is really important
18:45
whatever the case might be uh and so you
18:48
have a meeting with some stakeholders
18:49
and your engineering team designers Etc
18:52
uh and then um you're trying to decide
18:55
should we build this or not um and
19:00
you know somebody says you know what
19:02
like why are we making like why are we
19:04
doing a meeting for this you know I read
19:07
somewhere or I heard Bezos say that
19:11
two-way doors you should like it's a
19:13
two-way door you quickly make a decision
19:15
like just quickly make a decision and
19:16
move on okay this is a two-way door um
19:21
and so so you say yeah that's right like
19:24
and anytime we hear something like that
19:25
two-way door like oh that person's
19:27
really smart like so I want to be like
19:30
them uh so uh so I noticed that my
19:34
myself and my team we were making these
19:36
kinds of decisions without actually
19:38
thinking through like very clearly
19:41
thinking through customer motivation
19:43
very clearly thinking through
19:45
differentiation very clearly thinking
19:47
through a distribution approach for
19:49
whatever this feature is and you know
19:52
while it sounds like oh you know of
19:54
course you should be doing this I
19:56
guarantee you this is not how most
19:57
product teams work right like they're
19:59
talking about well is Bob the engineer
20:01
going to be free uh and when are they
20:04
free and if they are free then let's
20:06
build the fature right like that's kind
20:07
of how a lot of product decisions
20:10
happen and the challenge here with this
20:13
kind of approach uh and again this is
20:16
what happens in practice I'm not talking
20:17
about what like you whatever Theory you
20:19
read this is what happens in practice so
20:22
when you follow this approach and you
20:24
assume that oh this is a two-way door we
20:26
can kind of kill the feature right in
20:28
real it it doesn't work out that way
20:31
because here's what happens in reality
20:34
so in reality you commit to the feature
20:36
and it's going to take five six weeks to
20:38
do it uh and then a couple more weeks to
20:40
make sure to ramp it up Etc right uh and
20:43
so now the feature is out right and now
20:46
you have your q1 qbr right uh say two
20:50
months from now you have your q1 qbr
20:53
right and uh you're going to present
20:55
Your Business Review whatever you're
20:57
going to present what you did what did
20:58
you do last quarter how are your ships
21:01
performing from last quarter uh and so
21:04
now it's time to talk about this feature
21:06
right at the qbr because you have to
21:08
kind of share that now as you start
21:11
talking about this feature uh you know
21:13
the CEO will ask so yeah we you know we
21:16
launched the feature I'm very glad we
21:17
launched this feature how is it doing
21:20
right and you want to be able to say you
21:22
are the PM leader you want to be able to
21:24
say something smart and something that
21:26
makes you look competent right but the
21:29
challenge is the feature hasn't had much
21:32
adoption right so I'm not going to ask
21:36
anybody to raise hands but I think most
21:38
PMS are familiar with this with this
21:41
conundrum right uh and of course we are
21:44
verbally very agile as product leaders
21:47
so what we say is we don't have data so
21:51
we use favorable
21:53
anecdotes right and so we say yeah we
21:55
launched the feature and you know what
21:57
this customer from this company really
21:59
loves the feature and we put in an
22:01
anecdote right it's like life-changing
22:04
feature it doesn't matter that they're
22:05
the only person using it that doesn't
22:07
matter life-changing feature right we
22:09
use data when it favors us we use
22:11
anecdotes when it favors us so so anyway
22:13
so we present that now we do have the
22:16
sales counterpart in the room too our
22:18
sales counterpart and they say you know
22:20
what though uh we're still not winning
22:23
many deals because of this feature uh
22:26
and so of course the CEO asks like so
22:28
what's up like why aren't we winning
22:30
deals even though we have the feature so
22:32
the people on the customer side usually
22:34
we respond well I'm glad we have the
22:37
feature but it's not full featured yet
22:40
we need all these other bells and
22:41
whistles to meet the table Stakes right
22:44
so uh so now what happens somebody
22:47
uttered the word meet the table
22:49
Stakes now it's over for you because now
22:53
the only response you can give is oh
22:56
yeah that's already part of the plan and
22:58
now you put your engineering leader on
23:00
the spot and you say Alice isn't it like
23:04
haven't we allocated Engineers to it
23:06
already uh and so now Alice has to come
23:08
up with some response which is like yeah
23:10
yeah yeah you know Carol and David are
23:13
going to work on it you know uh it's
23:15
it's slotted for one of these Sprints
23:18
right and so now you exit the qbr you
23:21
high- five each other well good job team
23:23
great job etc etc but now you have
23:26
signed up for even more work
23:29
for a feature you should not have built
23:31
in the first
23:32
place that's why we're busy right
23:36
so and and like through a product
23:38
Leader's life what happens is we just
23:40
accumulate all of this debt right like
23:43
feature after feature so I guess what
23:46
I'm saying Lenny is one of my other
23:49
tactical tips would be sometimes it is
23:53
useful to pause for 2
23:57
minutes or two days days or two weeks
24:01
before making that decision right
24:03
because frankly most doors that look
24:07
like two-way doors are actually one-way
24:09
doors they are two-way doors at bezos's
24:12
level but as a PM leader for you they
24:15
are oneway door and that's what's making
24:17
you busy wow uh I feel like you're a
24:21
standup comedian SL product
24:24
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24:27
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when you go to
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v.com Lenny that's
25:18
v.com
25:20
Lenny I I know it's Spotify I heard one
25:23
of their core values is talk is cheap
25:26
but it's the virtue version of that it's
25:28
like they actually prefer to talk more
25:30
and I think that's exactly what you're
25:31
saying basically spend more time on
25:33
these things that seemingly seem just
25:35
like small little ideas and experiments
25:37
yep thinking is cheap so you should do
25:40
more thinking not less amazing shos
25:44
what's your second question yes uh so my
25:47
second question I have to um get the
25:49
words right uh do I actually have good
25:54
taste do I actually have good taste is
25:57
my second question
26:00
yeah um and you know for me uh I asked
26:05
this
26:06
question after again all of these things
26:09
by the way everything I say I have been
26:11
that guy I've made that mistake right so
26:14
that's
26:15
why like I just have to admit to myself
26:18
that yes I've made these mistakes and
26:20
one of the mistakes I made uh this was
26:23
when I was at Google uh and I was kind
26:25
of relatively new to product let's about
26:28
than 5 years and at Google there's some
26:32
parts of Google where you would be told
26:34
as like um you know kind of like a early
26:36
career PM that like we don't do strategy
26:40
here strategy is for
26:43
mbas okay we are all about execution
26:47
okay so I'm in this environment I'm
26:49
naive and I'm like I look around me and
26:53
I'm like Google is the most successful
26:54
company on the planet at the time uh and
26:59
they are saying this and I'm hearing
27:00
this consistently so it must be
27:03
right it must be right uh and so I start
27:07
saying it right I start saying oh yeah
27:10
you know execution is everything and we
27:13
don't do strategy around here uh and I
27:16
even remember there were not that many
27:17
PMS but there was a PM at uh Google who
27:21
was kind of like the same level as me
27:23
but he like just had much more wisdom
27:25
than me and he was trying to nudge me
27:28
into like I was managing a product and
27:30
he's like sh what is your strategy here
27:32
and I was like I told him the same thing
27:34
like oh no no no what are you talking
27:36
strategy we don't need strategy we just
27:37
need to get done right like that
27:39
was the thing
27:41
um and so I kept repeating that
27:44
Mantra until I got to Twitter so this is
27:49
Twitter right after their IPO uh and I
27:52
saw Twitter had like an incredible asset
27:55
which is the product and the network
27:56
effects it had other incredible assets
27:59
including the brand it had other assets
28:01
that were great including the talent and
28:04
yet this company was struggling like the
28:07
product was struggling and even if it
28:09
wasn't struggling it was making a lot of
28:10
money but the point is it was not
28:12
meeting its
28:14
potential so that's when I realized and
28:16
it took me it wasn't like some sudden
28:17
realization it took me like six to nine
28:19
months of being at Twitter this is circa
28:22
2014 uh that's when I realized that oh
28:26
my
28:27
gosh Twitter 's biggest problem is a
28:31
product strategy
28:32
problem the reason they are struggling
28:35
is they don't have a real product
28:37
strategy now of course attempts were
28:40
made to create a product strategy but it
28:43
wasn't a real compelling cohesive
28:45
product
28:47
strategy so that's when I realized the
28:50
Folly right of like oh wait a minute I
28:53
spent like I was at Google 6 years I
28:56
spent like most of those six years
28:59
kind of saying like ah strategy is
29:00
useless there's no point to strategy
29:03
execution is where it's at I'm like no
29:06
actually I was wrong right and that got
29:08
further
29:10
solidified uh as I went to stripe and I
29:13
was kind of now growing like earlier
29:14
stage products and kind of trying to
29:16
make them uh you know highly highly
29:18
successful I saw an even greater kind of
29:21
value and importance of having a clear
29:24
strategy uh and so that made me realize
29:29
basically you know we talk about taste
29:31
right like we all talk about taste and
29:32
it's about the beautiful pixels and the
29:35
perfect product and the whatever else
29:39
right like the Steve Jobs esque passion
29:41
and all of that whatever it is and yes
29:43
taste is about that but I think there is
29:46
something that we as product leaders and
29:48
certainly I did needed to
29:50
recognize about
29:53
taste as just a factor in pretty much
29:57
everything we do
30:00
right which is like do we have good
30:03
taste around the
30:06
beliefs we choose
30:08
to create within
30:11
ourselves as product leaders and then
30:14
those beliefs end up dictating
30:17
everything we do right including how we
30:19
manage how we lead how we make
30:22
decisions and so it's that taste I'm
30:25
talking about when I say do I really
30:27
have good taste
30:29
and when I asked myself this question
30:32
and again I had to be like it like I
30:36
really had to dig deep it wasn't easy
30:41
but at some point I realized that no
30:43
actually I don't have good
30:44
taste I don't have good taste in how I
30:48
choose to evaluate things that come my
30:52
way again not in terms of the product
30:55
right cuz by that time I had skills to
30:57
say well this should not be a twostep
30:58
flow this should be a three-step flow
31:00
whatever the case may be but I still did
31:03
not have good taste in terms of how I
31:06
choose what are the things I choose to
31:08
believe how do I learn who do I learn
31:11
from what content I learn from what
31:14
content I resonate
31:16
with and then I went on this journey to
31:19
kind of like try to develop that better
31:21
taste what I'm hearing is people focus
31:24
maybe too much on the output like the
31:26
experience user experience design taste
31:29
versus what they choose to take in as
31:32
informing their taste and what they see
31:34
as an example of great and and correct
31:36
is that is that what you're saying yeah
31:38
and you know like look taste is about
31:41
the
31:45
ability to
31:47
identify what is really good
31:58
without
32:01
needing to see its
32:06
results right because look it requires
32:09
Zero taste right now for anybody to say
32:13
oh that CEO of Nvidia is a
32:17
genius right Jensen is a
32:20
genius if you are saying that in
32:23
2024 it actually requires Zero taste
32:26
because you can just look up nid stock
32:30
price like it requires zero
32:34
skill but to be able to say that in
32:38
2010 you have to realize Jensen Wang
32:41
didn't change much between 2010 and
32:44
2024 right so like Lenny even in sports
32:48
right like there's this
32:50
um like there's this saying game
32:53
recognize game right and that's that's
32:58
about about taste but what we need to
33:00
understand is it's game recognized game
33:03
before the game is
33:05
called right like game recognized game
33:08
in the practice
33:11
session cuz it takes no genius right now
33:14
to say well Patrick Mahomes is like you
33:16
know great quarterback right
33:19
like or Virat kohle is a great cricketer
33:22
or whatever else right like it it
33:23
requires no genius to do that it
33:26
requires Zero taste
33:28
uh so I also believe some of us like
33:30
especially as we get more senior and we
33:32
get more successful and you know we we
33:35
just like get a lot more scope and
33:36
responsibility and a lot of accolades we
33:39
become these stuff graders right like I
33:41
don't like anything right like ah this
33:43
is crap this is crap this is crap again
33:46
that requires Zero taste anybody can say
33:48
that right anybody can just say
33:50
everything is horrible
33:52
right um so I do think there is
33:55
something about being able to understand
33:57
that and I think there's like like I'll
33:59
share some examples right like this
34:02
two-way door thing so let me just share
34:04
a few observations if I might so like
34:07
the first one is we get overly excited
34:12
about cool
34:15
metaphors okay like one way door Two Way
34:18
doors right there's some guy I don't
34:20
know who it is I just read somewhere
34:21
there's some guy who had written a blog
34:23
post about this this idea but he called
34:27
it reverse ible and irreversible
34:31
decisions okay and it was the same idea
34:34
and I think somebody was lamenting that
34:36
that did not catch on IR reversible and
34:39
irreversible decisions but what caught
34:41
on is two-way door and oneway door
34:45
what's the
34:46
difference the only difference is you
34:49
got attracted to the catchy metaphor
34:52
right and the other one is the authority
34:53
bias because Bezos said it right uh
34:59
take another example we get very like we
35:01
get very impressed with um
35:05
alliterations I'm serious we get very
35:07
impressed with alliterations okay so uh
35:11
how many of us love fail fast fail fast
35:15
okay nobody's going to raise hands
35:18
now okay fine maybe you truly don't love
35:21
fail fast how about fast
35:24
follow how many of you love fast follow
35:27
like
35:28
let's consider that right like fail fast
35:31
we're going to fail fast what if that
35:34
thing were called fail quickly it's the
35:37
same
35:39
meaning do you think you would be as
35:42
attracted to that idea if it were called
35:44
fail quickly no probably not so what's
35:48
what changed the only thing that changed
35:51
is one is an
35:53
aeration right so so I see this in
35:57
everything like you know let's see um
36:00
you know the other one is
36:02
um we also get very impressed with
36:05
complicated charts and math we don't
36:11
understand and some of you product
36:14
leaders who are at the top of the game
36:15
you actually use this as a
36:17
strategy
36:19
right so so as I realize that I here's
36:25
the outcome here's the outcome of kind
36:27
of like that ask asking myself that
36:29
question was
36:32
that what I realized is I kind of you
36:36
know everybody says oh I'm a first
36:37
principal thinker like you know I think
36:39
like I'm a rigorous thinker whatever but
36:42
I realized that like if I really want to
36:43
be that I have to shed a lot of these
36:47
like just patterns that were just like
36:49
you know built in me right and I I kind
36:53
of have to evaluate the
36:56
idea separate from all of its like
36:59
social proof and Authority proof and
37:03
whatever
37:04
else right and that ended up
37:09
being a meaningful change in my growth
37:13
as a product leader because the moment I
37:16
started shedding these kinds of social
37:18
proofs and Authority proofs and all of
37:21
that it just made me a much we all again
37:25
think we are critical thinkers but we
37:26
are not right so made me a more critical
37:30
thinker I want to move on to the next
37:32
question just so we can get through some
37:33
of these questions before I do can you
37:34
just show people your notes real quick
37:36
just like show it like from a distance
37:39
this is how shos plans for something
37:41
like this there's like color
37:43
coding I love like I wish I understood
37:46
what was going on there this is this is
37:49
my uh people ask me what's your favorite
37:51
note taking app it's a common question I
37:53
get and I say this right like it's a $5
37:56
like I guess the pen cost $3 and I think
37:58
the Office Depot uh clipboard cost wait
38:01
isn't that pen does it have the
38:02
different color click a yes yes yeah my
38:04
the big yeah exactly okay this is great
38:07
that's GNA be another podcast
38:09
episode okay so we want to try to do two
38:11
more questions we have six minutes left
38:13
the last one's a bonus so maybe we touch
38:15
on it briefly shre what's your third
38:18
question so my third question is why
38:20
does my job feels so frustrating why
38:24
does my job feel so
38:26
frustrating uh it goes back to the point
38:29
that like you know I look I loved loved
38:32
my PM leadership job right like I just
38:35
absolutely loved it
38:38
and I think looking back I would not
38:40
have exchanged it for anything else any
38:42
other experience that said there were
38:45
daily frustrations there were daily
38:47
frustrations in that job and a lot of it
38:50
has to do with the fact that uh you know
38:51
the PM leaders job is extremely lonely
38:54
the PM's job the PMS on your team their
38:57
job is all also lonely but a PM leader
38:59
job is further lonelier right so there's
39:02
that there's also you know uh what I
39:06
what I learned at the time when I
39:08
started asking this question is
39:13
that our jobs get frustrating when we
39:19
behave most of the time in
39:25
misalignment with our superpowers and
39:28
who we truly are at our
39:31
core okay so for me as I was evaluating
39:35
that question it's like why am I getting
39:37
frustrated every day I love the job I
39:39
love the macro but I do not like the
39:42
macro a micro and so why is that uh and
39:47
that's when I actually like there's uh
39:50
you know a simple framework that I've
39:54
shared uh which is you can be doing your
39:57
work at three levels product work
39:59
happens at three levels there's the
40:00
impact level there's the execution level
40:02
and there's the Optics
40:04
level my Epiphany as I was kind of
40:07
exploring this question
40:11
was I have a preferred level at which I
40:15
like to
40:16
operate but if most of the day and most
40:19
of the week and most of the month I am
40:22
forcing myself to operate in not my
40:26
happy place in my non default
40:29
level that makes me very
40:32
frustrated right so so many product
40:35
leaders their happy place is the
40:37
execution
40:39
level you know in my case my happy place
40:41
is the impact level so that is fine it
40:46
you can your happy place can be whatever
40:48
level it doesn't matter but the point is
40:50
like as you go you know as you go higher
40:53
up in the corporate ladder no matter
40:56
what kind of company it is you are now
40:58
going to have to spend a lot of time on
41:00
Optics at the Optics level and I have
41:03
willpower I have the skills to do it I
41:05
have all of that so it's not about
41:07
willpower or skills but willpower is
41:11
finite right so as I spent day in and
41:15
day out like just like mostly doing
41:18
Optics work I realized I was not happy
41:21
and I was getting frustrated right and
41:25
so that's when I realized the solution
41:27
which is
41:28
I kind of I have to abandon the
41:31
traditional path that like oh after this
41:34
level I'm supposed to do this and then
41:35
I'm supposed to do this and then this is
41:37
what Society expects this is what my mom
41:39
expects this is what what will people
41:41
say on LinkedIn when they see my
41:43
LinkedIn profile right like oh he has
41:45
this progression this and then what
41:47
stopped why did it
41:49
stop right so when I realized this I
41:52
said you know like when a when when a
41:54
team grew to a certain size so when I
41:55
was at stripe when I realized this when
41:57
the team I was managing it had a fan out
41:59
of about 50 people so this includes like
42:01
engineers and everything I said this is
42:03
enough because for me like anytime a
42:06
team goes to like 50s and hundreds and
42:10
Beyond it is a law of corporations that
42:13
you're going to have to spend a lot of
42:15
time at the Optics level right so
42:18
instead of just pushing pushing through
42:20
against like you know who I truly am
42:23
what did I do I just went back to more
42:26
of an earlier stage product right
42:28
uh and then I was fine with like you
42:29
know what I'm not going to like you know
42:31
just play the corporate game as an
42:34
example so I guess my you know my
42:37
suggestion would be like identify your
42:41
superpowers and you know like like
42:43
Shakespeare said like like to thine own
42:45
self be true right like just be honest
42:48
to yourself like operate your career and
42:52
make your career decisions not out of
42:55
expectation not out of envy
42:58
like the LinkedIn Envy of like oh this
43:00
person is at a different level we both
43:02
went to the same grad school there like
43:04
so I got a no identify your superpowers
43:07
because if you identify your superpowers
43:09
and work in accordance with them you
43:11
will do the best work of your life you
43:14
will love it and you will be great at it
43:18
and you won't have that
43:24
frustration I wish we had an hour for
43:26
every single one of these questions I
43:27
feel like there's so much more to get
43:29
into we have 40 seconds do you want to
43:31
touch on your last question or do you
43:33
want to leave that for a followup
43:35
discussion let's touch on it let's touch
43:37
on it we got to go though in 30 seconds
43:39
all right my last question is am I
43:41
really
43:42
listening okay and this is perhaps the
43:46
hardest one for me because I thought of
43:48
course I'm a good listener because I
43:50
listen then I recap and I make eye
43:52
contact and I tell them this is what I
43:54
heard and all of that nonsense I
43:56
realized there is an entirely other
43:58
level to
43:59
listening
44:03
which once you understand that there's
44:06
an entirely other level to listening
44:09
that is what enables you to be a
44:11
world-class
44:13
leader and so that is what I guess my
44:17
last takeaway is is like ask yourself am
44:19
I really listening if you want resources
44:22
there are very few people who actually
44:23
talk about what that real listening
44:25
means I would refer you to what Rick
44:27
Rubin says about listening I would refer
44:30
you to what de Hawk said about listening
44:33
and uh what duckers said about listening
44:35
as some pointers amazing tros you said
44:38
you were going to hang out for the next
44:39
hour somewhere you want to share that
44:41
real quick and then we'll get off yes I
44:43
maybe try to hang out in the back part
44:45
of the room um and be quiet back there
44:47
too okay uh stas thank you so much for
44:50
being here great thank
44:52
you oh should we take a picture oh yeah
44:55
we're going to take a quick selfie we're
44:57
going to take a picture there we go
44:59
they're going to turn the lights on I
45:00
think
45:02
okay all right
45:07
folks thank you so much for listening if
45:09
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45:11
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45:13
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45:16
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45:18
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45:22
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45:24
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45:27
see you in the next episode