
Practical Tips for Building PM Skills by Reddit Sr PM
The Product Podcast
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Getting Good With Business Impact
Every time you have an idea for a new feature, take a step back and ask yourself what impact would it have on the company's business? And then pick one or two toplined metrics that are obviously important to the company. For each metric, like break it down into components, so to give an example: active users is affected by things like new side ups and retentions of current users. A revenue poto be affected by thingslike conversion rate andin the value or size of each purchase or transaction. Each of those metrics can be further broken down in various ways. E.G., go read up on a company's financial statements a and then you'll quickly kind of
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