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The Growth Catalyst

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ChatGPT as a Companion to PM Interviews and Real-Work

  • Analytical skills are important for PMs and adjacent roles such as business or product analyst, data scientist, consulting, etc.
  • ChatGPT can serve as a companion for product management interviews and analytics tasks.
  • Defining product metrics is a core responsibility for PMs and frequently asked in interviews.
  • ChatGPT can provide structured responses for building a product dashboard, but might miss finer details.
  • Using ChatGPT as a companion is recommended for practice and finding blindspots in interview prep but not for the sole source of research and insights.
  • The Chinese Room Argument undermines the validity of using LLMs for generating insights like a human can.
  • LLMs can improve productivity but not entirely reliable for generating insights.
  • LLMs can serve as a great companion for mock interviews and analysis of interview responses.
  • Product-Market Fit event is taking place next Saturday.
  • Satya Nadella believes LLMs should be treated as a productivity tool on the job rather than the sole source of research and insights.

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Minis

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Higher skill fuels hunt for better jobs as 85% plan career change after upskilling: Survey

  • Survey data indicates a growing trend toward upskilling for career advancement, with 85% of respondents expressing a desire to switch jobs after acquiring new skills.
  • Notably, 65% are pursuing online certification courses, a significant increase from previous years. The preference for part-time or online learning has risen to 65%, while self-study remains popular at 25%.
  • Full-time college enrollment has decreased by 2%. The consensus among 97% of respondents is that upskilling enhances career prospects, with 45% citing it as vital for seizing opportunities in their current or desired fields.

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Minis

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3 LinkedIn Myths That Can Derail Your Job Search

  • The ‘Open To Work’ Banner Hampers Your Job Search: Contrary to belief, this feature aids job searches. Offering two options, it increases recruiter outreach by 40% and prompts 20% more messages. Activating either or both enhances visibility and connections.
  • It’s Not Worth Applying to Job Listings With Hundreds Of Applicants: Despite high applicant counts, the actual pool can be significantly smaller due to drop-offs in the application process and unqualified candidates. If you meet job requirements, apply—it's less competitive than perceived.
  • There’s Only One Version Of LinkedIn: LinkedIn extends beyond the public interface with tools like LinkedIn Recruiter, granting recruiters extensive search capabilities.

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Minis

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3 tips for writing an effective resume summary, says ex-Nvidia recruiter: ‘Leave out the years of experience’

  • Showcase Your Value: Highlight what you bring to the table by summarizing your achievements and passions in three to five sentences. For instance, “Seasoned program manager who has built 10 products and is passionate about learning and development.”
  • Avoid Mentioning Years of Experience: To prevent bias or ageism, omit the number of years you’ve worked. Your resume and LinkedIn profile will naturally reflect your career length without explicitly stating it.
  • Tailor to Your Industry: Not all fields require a summary. Tech, marketing, and sales often do, but high finance and law typically don’t. Research your industry’s norms to ensure your resume fits in.

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Minis

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3 High-Income Skills In 2024 That AI Can’t Replace

  • Problem-Solving Skills: With AI unable to fully replicate human creativity, honing problem-solving abilities becomes paramount. LinkedIn's Most In-Demand Skills of 2024 underscores this, highlighting its enduring value across industries.
  • Personal Branding Skills: Become your own PR agent. By shaping others' perceptions through intentional self-presentation, you unlock doors to opportunities otherwise closed, regardless of experience levels.
  • Communication Skills: Elevating communication prowess transcends AI's capabilities, fostering transparent collaboration, leadership efficacy, and negotiation acumen essential for career advancement and resilience in the face of technological disruption.

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Minis

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Amazon CEO Andy Jassy Identifies The Most Crucial Skill For Success

  • Amazon CEO Andy Jassy emphasizes that a positive attitude is crucial for career success, especially in your 20s.
  • In an interview with LinkedIn CEO Ryan Roslansky, Jassy shared that success hinges more on attitude than intelligence. He advises focusing on working hard, being proactive, honoring commitments, and collaborating well with others.
  • Jassy’s positive mindset helped him thrive at Amazon, including when he took on a unique advisory role to Jeff Bezos. Despite Amazon's criticized workplace culture, Jassy believes maintaining a positive attitude fosters better relationships, mentorships, and overall career growth. He stresses, “You can control your attitude.”

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The FishmanAF Newsletter

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A Structured Approach to International Expansion

  • Companies often struggle with international expansion, choosing the right market to start expanding to is fraught with complications and nuances.
  • Set a simple strategy that depends on your stage of expansion. Small companies aim to crack the next 1-2 markets outside or your home turf.
  • Write down your target countries. As you comb through datasets, you may notice new countries that appear in the data. This is an iterative process.
  • The goal in the initial stages should be to start narrow, delve into the product-market fit and use macro indicators such as GDP, growth, and population.
  • Finding enabling factors such as user growth TAM, monetization TAM, and competitor’s downloads/internet population can further tune the data set to drivers of the product-market fit.
  • Add risk factors specific to your company such as regulatory, IP, or currency risk. Finally, a prioritization framework can be used to bring it all together.
  • The template provided and data inputs can be helpful in prioritizing market entry. It is essential to apply some critical thinking and qualitative judgment to the decision-making process.
  • This method can be effective if used with intuition and qualitative factors, making it data-informed, rather than data-driven.
  • Qualitative insights can lead to valuable insights that would change your criteria or sorting methodology and can help prioritize market entry.
  • It is important to create a tailored strategy and understand the nuances between product availability and market success.

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Zomato’s Deepinder Goyal reveals why his father said ‘Jaanta hai tera baap kaun hai’ to his startup idea

  • Zomato CEO Deepinder Goyal revealed his father’s reaction to his startup idea at the Vishesh Sampark event on May 20, hosted by Union Minister Hardeep Singh Puri. Goyal recalled, “I started Zomato in 2008.
  • My dad told me, ‘Janta hai tera baap kaun hai?’ implying I couldn’t do a startup.” Goyal, from a small town in Punjab, highlighted the changing perception of startups in India and credited government support for this shift.
  • The event, focused on digital transformation, was attended by various innovators and leaders, including Urban Company's founder and the CEO of Map My India.

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Minis

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How To Know It’s Time To Start Looking For A New Job

  • Recognizing when it's time for a new job is essential for career growth. Signs such as stagnant learning, clashing values with the company, feeling invisible, lack of promotion prospects, and constant complaints indicate it's time for a change.
  • While financial stability matters, a fulfilling career involves continuous learning and alignment with personal values. If dissatisfaction overshadows positivity, it's crucial to update your resume and embark on a job hunt for opportunities that bring fulfillment and growth.
  • Listening to your instincts and seeking a role where your contributions are valued is key to professional satisfaction.

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The Top 5 Reasons Job Seekers Are Likely To Decline A Job Offer

  • Undisclosed Salary: The top reason, cited by 38% of job seekers, is the lack of salary information.
  • Continual Interview Rescheduling: Frequent rescheduling, mentioned by 25% of respondents, creates frustration and doubt about the company’s organization.
  • Disrespectful Behavior: Observing colleagues being disrespected during interviews, a concern for 23%, suggests a toxic workplace culture.
  • Role Misalignment: For 18%, discovering that the job role differs from what was advertised is a deal-breaker.
  • Inconsistent Answers: Receiving varied answers to the same questions, which worries 18% of candidates, signals a lack of coherence in the organization.

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Minis

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Interview Question: What Are You Passionate About?

  • Crafting a compelling response to the question, "What are you passionate about?" in a job interview is crucial for setting yourself apart. Interviewers seek insight into your interests, motivations, and strengths.
  • Authenticity is key—choose a genuine passion and illustrate it with an example. Clarify why you're passionate about it and link it to the job by emphasizing relevant skills or characteristics.
  • Whether it's coaching, outdoor activities, or creative pursuits, let your enthusiasm shine through while maintaining sincerity. By showcasing your passion and its alignment with the job, you can effectively distinguish yourself and increase your chances of success.

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Minis

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Steve Jobs’ ex intern on working for him: ‘Had a very hard, regimented schedule'

  • Chet Kapoor, now CEO of DataStax, reminisces about his time as an intern under Steve Jobs at NeXT. Kapoor credits his success to Jobs' mentorship, emphasizing Jobs' product-centric approach and intense work culture.
  • Kapoor recalls Jobs' profound impact on his career, highlighting Jobs' focus on user experience and engineering excellence.
  • Kapoor reflects on his early admiration for Jobs, stemming from his teenage years. Overall, Kapoor attributes much of his professional growth to his formative years at NeXT, underlining Jobs' enduring influence on his leadership philosophy and career trajectory.

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Tech Jobs Are Returning: 66% Growth In These 5 IT Job Profiles In India

  • The tech job market in India is booming, with a 66% surge in demand for five core IT areas: Development (35%), ERP (12%), Testing (7%), Design & Engineering (7%), and Networking (5%), according to Quess Corp's ‘Annual Digital Skills Report FY24’.
  • Emerging technologies are also in high demand, with cloud computing up 16%, cybersecurity up 215%, and data analytics up 256%. Key sectors like finance, automotive, consulting, and retail are significantly growing their tech talent needs.
  • While major tech hubs like Bengaluru and Chennai lead hiring, Tier-2 and Tier-3 cities are also gaining traction, indicating a geographically diverse tech landscape.

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The Beautiful Mess

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20 Things I've Learned as a Systems (Over) Thinker (Extended Commentary)

  • In this extended commentary, Alex Hillman shares additional insights on his 20 Things I've Learned as a Systems (Over) Thinker post.
  • Take care of yourself and practice "radical" recovery to ensure you don't burn out.
  • Co-conspirators are great for deep thinking, but not everyone you're trying to influence will be on the same wavelength.
  • Remember to celebrate your quick wins, but understand that most meaningful things will take a while to materialize.
  • Becoming a formal leader may be harder, but you'll have more leverage to influence change within your organization.
  • Hack existing power structures instead of trying to upend them.
  • Be careful not to impose your worldview on others and understand what they care about before trying to influence them.
  • Build a support network, not just a venting network, to help you navigate change efforts.
  • Know when to move on and leave on your own terms.
  • Understand that being able to sense and see system dynamics doesn't mean you can control them and don't wrap up too much of your identity in change.

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The Growth Catalyst

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The Parallelism between Product Jobs and Interviews

  • Product interviews are often seen as disconnected from the actual job, resulting in suboptimal preparation and underutilization of PM skills.
  • Parallelism exists between the responsibilities of a PM on the job and the problems posed in interviews.
  • Roadmapping, PRDs, problem-solving, growth strategy, and team collaboration appear in both the real job and interview settings.
  • Conscious effort and structured problem-solving skills developed on the job can be transferred to interviews, and vice versa.
  • Effective interview preparation involves filling gaps in areas like growth, data, product sense, and strategy.
  • Opportunities for improved learning solutions, content, and community resources in India-specific case studies for PMs exist.
  • The pmcurve program developed two big programs: an Advanced Growth Program and Product Sense and Strategy. Now Mastering Experienced PM Interviews is in the works.
  • The significance of the PM role is second only to the founder, as it is the highest leverage role in a tech startup. Strong PMs are critical to startup success.
  • The Indian market is an aggregation of many sub-markets, making it challenging to scale a product without solving for all these sub-markets.
  • PMs sit at the intersection of tech, design, and business, and they require a combination of numerous skills to operate.

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