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Bengaluru man made ₹ 54 lakh a year, And then quit; here's why
- Parantap Chowdhury, a former Assistant Vice President at Square Yards, left his high-paying job earning ₹54 lakh annually to pursue writing and build a digital business.
- After seven years in demanding roles at startups like BYJU's, Chowdhury decided to prioritize personal happiness and family time over corporate success.
- His job required 70+ hours weekly, leaving little time for personal growth. Now, focusing on LinkedIn, he has secured consulting gigs but earns less than 10% of his former salary. Despite financial concerns, Chowdhury values his newfound freedom and aims to create a sustainable remote income.
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Always ask these 3 questions when you’re interviewing for any job, says workplace expert
- Promotion Criteria: "What kind of people get promoted here?" This reveals whether the company values and regularly promotes its employees based on merit and alignment with company culture.
- Core Values: "What are the company’s core values?" Listen for concrete examples that demonstrate these values in action, indicating the company's commitment to its principles.
- Feedback Frequency: "When was the last time you received feedback?" Regular, constructive feedback is a sign of a healthy workplace focused on employee growth.
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Lenny's Newsletter
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The original growth hacker reveals his secrets | Sean Ellis (author of “Hacking Growth”)
- Sean Ellis, the man who coined the term “growth hacking” and developed the Sean Ellis Test for product-market fit, shares his insights in this podcast.
- Ellis explains that the Sean Ellis Test is a leading indicator of product-market fit. To run the test, ask users: “How would you feel if you could no longer use this product?” If 40% or more reply with “Very disappointed,” the product likely has strong PMF.
- Ellis also recommends digging into the users who replied with “very disappointed” to glean insights to improve positioning, messaging, and feature offerings.
- To increase customer activation, Ellis suggests asking users directly to identify the root cause of low activation rates. Often it’s a lack of understanding of the product’s functionality and benefits.
- Ellis recommends focusing growth investments in this order: activation/onboarding, engagement, referral, revenue models, and acquisition.
- Choose a North Star metric that reflects the core value your product delivers to users and aligns with customer value. This metric should be actionable and capable of scaling up over time.
- Ellis explains the ICE framework, which streamlines the prioritization process by evaluating initiatives based on impact, confidence, and ease of implementation.
- Ellis also discusses how he developed the Sean Ellis Test, the power of word of mouth, the evolution of growth strategies, and the role of AI in growth and experimentation.
- The podcast offers insights through case studies on Dropbox, Eventbrite, and Microsoft, among others.
- Ellis notes the importance of customer conversations and developing a referral program and freemium models for engagement.
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Workers In Japan Turn To Companies That Help Them Quit Their Jobs
- In Japan, firms are emerging to help employees resign from their jobs due to the challenges faced in quitting.
- Companies like Exit, established in 2017, charge around 20,000 yen (₹11,600) to handle resignations, including notifying employers and managing exit details. Similar services are gaining traction, such as Albatross and Momuri, which assist in resignations amidst Japan's challenging work culture.
- Many workers face intense pressure or harassment when resigning, prompting some to seek these services. Some even impersonate quitting agencies due to financial constraints. These firms also help in job referrals for the newly unemployed.
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Want job security in this uncertain market? A surprising trend is paying off
- The trend toward vocational schools over traditional four-year colleges is gaining momentum. From 2019 to 2024, enrollment in vocational programs increased by 5%, while bachelor’s degree enrollment fell by 4%.
- Vocational roles are seeing rising hiring rates and competitive wages, often comparable to those with bachelor's degrees. This shift is partly due to pandemic-related reevaluations of blue-collar work and increased job security concerns about AI.
- Despite higher median weekly salaries for bachelor’s degree holders, vocational skills are in high demand, especially in trades like construction. Economic downturns might affect wage growth, but skilled trades remain valued.
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Is Paid Tinder Leave The Next Big Employee Benefit?
- Whiteline Group in Thailand has introduced a novel employee benefit called "paid Tinder leave."
- This perk allows staff to take time off during work hours to go on dates arranged through the app. Employees will also receive Tinder Gold and Platinum subscriptions.
- The initiative aims to improve employee morale and engagement, potentially addressing the broader issue of presenteeism in the workplace.
- With the agency also hiring for 13 new roles, this eye-catching benefit may help attract top talent in a competitive job market. The policy reflects a growing trend of unique perks to enhance workplace satisfaction and productivity.
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Sexual wellness products' founder deliberately shares his credit card online; here's what happened next
- Rahul Krishnan, co-founder of BoldCare, made headlines with a daring marketing stunt. He publicly shared his credit card details on X (formerly Twitter) and invited users to make transactions under ₹1,000.
- The twist? He personally verified each transaction with OTPs, creating a viral buzz. The stunt, which resulted in hundreds of transactions before his bank intervened, was both celebrated for its creativity and criticized for its risks.
- BoldCare, known for pushing marketing boundaries in the sexual wellness industry, has once again stirred conversation with this bold move. The incident highlights the fine line between innovative marketing and financial safety.
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Highly successful people use this mental shift to get ahead of stress at work, says neuroscientist
- Highly successful people manage workplace stress by adopting a key mindset shift, says neuroscientist Lisa Feldman Barrett.
- Instead of viewing stress as something negative, they see it as natural and manageable. Barrett suggests practicing challenging tasks, like giving a speech or mock interviews, to train the brain to handle stress better.
- Techniques like mindfulness and reframing nervousness as a normal response can also help. Barrett emphasizes using awe-inspiring moments, like appreciating nature, to reset the nervous system. This approach allows people to perform well even when feeling stressed, turning anxiety into a coping mechanism.
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What to do if you don’t actually want a job you’re interviewing for
- Job interviews can be stressful, especially if you realize midway that you don’t want the position. Teresa Freeman, an HR expert, advises maintaining professionalism and enthusiasm even if you’re no longer interested.
- This helps keep your options open for future opportunities or networking. If you decide to exit the interview early, politely express appreciation and explain why it’s not a good fit.
- Farah Sharghi, a recruiter, suggests this respectful approach can leave a positive impression, potentially leading to future opportunities. Ultimately, staying engaged can benefit you, even if the current role isn’t right.
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Elon Musk’s favorite job interview question is a secret method to catch liars
- Elon Musk, CEO of Tesla and SpaceX, uses a key interview question to identify liars: "Tell me about some of the most difficult problems you worked on how you solved them."
- This question, rooted in the Asymmetric Information Management (AIM) technique, encourages truth-tellers to provide detailed responses while liars tend to offer vague answers to conceal their deceit.
- Musk's approach aims to identify candidates with a genuine track record of exceptional achievement, ensuring they match the claims on their resumes. His method highlights the importance of detail and honesty in job interviews.
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The Beautiful Mess
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TBM 308: Boundary of Safely Challenged Assumptions
- Software product development has idealized approaches to working firmly planted in mission command, independent teams etc.
- However, there is no established vocabulary for when things go wrong.
- We are capable of more systematic approaches to responding to complex events, although with normal operations, cause and effect may be difficult to tease out.
- Visibility of the shop floor is not visible in the same way as it is in other industries, and even in synchronous, in-person work, all you see is a group of people sitting at computer screens.
- The idealised view of independence and small teams is largely mythologised in software development. It is surprisingly fragile when something goes wrong.
- There is not yet an accepted vocabulary for addressing incoherence between processes and people.
- Designing software development organisations based on the premise of uncertainty would benefit safety in challenging assumptions.
- Organisational structure boundaries need to be flexible, ensuring that systematic introspection and adaptation is supported to prosper under exceptional conditions.
- The discussion proposes that maximum team sizes should be able to challenge its assumptions under difficult conditions.
- Idealistic structures in software development lead to fragility under challenging conditions.
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Leah’s ProducTea
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Working in a company that doesn't know their customers
- Knowing your Ideal Customer Profile is crucial for product, marketing, and sales teams.
- Designing for everyone means designing for no one.
- Without knowing your customers, it's impossible to prioritize effectively.
- Leadership buy-in is critical for defining and implementing the ICP across the company.
- A specific definition allows for organizational focus and the ability to say no to good ideas for the wrong customers.
- B2B businesses struggle with not having enough people to interview and measure, which can lead to expanding the number of people they listen to.
- A good Ideal Customer Profile gives clear guidance on who to use for insights, preventing compromise.
- Focusing on specific industries and use cases is important for product teams to get meaningful direction on what to build.
- Not having a clear ICP can lead to wasted marketing spend, product-market misalignment, increased customer churn, and slowed growth.
- Creating a scalable product without knowing your customers is impossible.
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Minis
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Viral Pics Show Resumes Of Steve Jobs, Bill Gates When They Were 18
- Vintage resumes of tech legends Steve Jobs and Bill Gates, from when they were 18, have gone viral on social media.
- Jobs’ 1973 resume highlights his focus on electronics and technology, while Gates’ 1971 resume lists programming languages like FORTRAN and COBOL, and his $35,000 salary—a notable amount at the time.
- Gates also mentions his partnership with Paul G. Allen, which led to Microsoft’s founding. Social media users are calling these documents "fascinating" and a glimpse into the early ambitions of these world-changing innovators.
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3 High-Income Skills To Learn For Free Without A Degree In 2024
- Artificial Intelligence (AI): Learning AI can boost your salary by up to 40%. Free courses include "AI for Everyone" by DeepLearning.AI and "Generative AI with Large Language Models" by AWS.
- Data Analysis: Data analytics skills are in high demand, with potential earnings of up to $150,000 annually. Free courses include the Google Data Analytics Professional Certificate.
- Strategic/Critical Thinking: Employers value these soft skills for leadership and decision-making. Free resources include the "Strategic Leadership And Management" course by Coursera.
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Minis
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Asking these questions at the end of an interview could cost you the job
- Tailor Your Questions: Avoid generic queries like "What are you looking for?" and ask about specific responsibilities to show genuine interest.
- Work from Home Caution: Asking directly about working from home can signal disinterest in office work. Instead, inquire about the weekly schedule or office culture.
- Don’t Demand: Avoid asking "What can your company offer me?" This can come across as demanding. Instead, ask about company policies they’re proud of.
- Postpone Salary Talks: Save salary discussions for a follow-up email after the interview for better timing.
- Subtlety in Work-Life Balance: Don’t ask "What time will I finish every day?" Instead, ask about the company’s work environment to gauge work-life balance
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