1min snip

Lenny's Podcast: Product | Growth | Career cover image

Teresa Torres on how to interview customers, automating continuous discovery, the opportunity solution tree framework, making the case for user research, common interviewing mistakes, and much more

Lenny's Podcast: Product | Growth | Career

NOTE

Small Data Beats No Data

In decision-making, a common skepticism arises regarding the reliability of insights derived from limited data, particularly in larger companies. This viewpoint often stems from a personal bias against conclusions drawn from concise customer interviews. However, it's essential to recognize that decision-making across all business areas frequently occurs with minimal information. Many individuals make choices based on no data whatsoever, emphasizing that even one data point is superior to none. This reality highlights a double standard applied to product teams, as all departments generate and act on opinions without comprehensive data backing. Ultimately, leveraging small data can be justified as it fosters informed decisions over complete uncertainty.

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