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Published · transcript-backedRavi Mehta: preference
19 Jan 2023 Lenny's Podcast Building your product strategy stack | Ravi Mehta (Tinder, Facebook, Tripadvisor, Outpace)
“If you can think about a spectrum of you have a larger company, somewhere in the middle, you have VC-backed startups where you can take some of the ways of thinking about things that you learn at a bigger company and apply it because you have the ability to invest a significant amount of resources.”
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Everything needed to verify it.
- Speaker
- Ravi Mehta
- Attribution
- Verified speaker
- Claim type
- preference
- Recorded
- 19 Jan 2023
- Publisher
- Lenny's Podcast
Transcript context
…Are there any other specific communities that come to mind as places that either you found valuable or that you think are worth checking on for folks that are like, "Cool, indie hackers. I'll check that out"? Is there anything else that comes to mind as a really good place to spend some time right now? Yeah, I think two of the best communities are the indie hacker community. What I really like about that is it's a lot of people who are thinking about how do I build something solo? And that's really different from being at a larger company. If you can think about a spectrum of you have a larger company, somewhere in the middle, you have VC-backed startups where you can take some of the ways of thinking about things that you learn at a bigger company and apply it because you have the ability to invest a significant amount of resources. And then at the opposite side, there's one person who's got a dream. They want to start something. They're trying to figure out how to do everything themselves. They're entirely generalists in terms of being both builders and sellers, as well as figuring out all the logistics. So I like the indie hacker community. Another really good community is Everything Marketplaces. Mike, the founder of that community, has just done a fantastic job of bringing together a set of founders. He's specifically focused on marketplace businesses, which have some unique dynamics to them, especially in the very early stage. But it's a great example of even if you're not into marketplaces, I think it's worth looking at what they're creating, the events that they're running, and the people that are involved. They've just done a great job of curating that whole experience to provide a really great foundation for founders. I'm also a huge fan of the community. I love Mike. We're internet friends. He'll love hearing this. I think the site is everythingmarketplaces.com to check out the community. And if it's not, you can just Google it. We'll also put in the show notes. So Reforge, you brought it up a couple times, and this kind of gets to what I want to spend the meat of our conversation around. You built the Reforge product leadership program, the product strategy program. So those are two areas you spend a lot of time thinking about product leadership, product strategy. So starting with product strategy. Every PM, every founder, every leader would say that they want to get better at strategy. I guarantee if I ask every PM, do you want to get better product strategy? A hundred percent would say absolutely. But it's this very mushy, vague, general idea of strategy. I'm going to get better at strategy. I'm going to be better. I'm going to be more strategic. You have this really cool kind of framework, mental model that you call the product strategy stack. And so I want to spend a little time on just talking about what is this concept and how does it help you think about strategy, mission, vision, all these things and how these things play together. So let's just start with what is the product strategy stack?…
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