By Marty Cagan · svpg.com · LinkedIn
Marty Cagan argues that the product industry needs more skilled product coaches, and that many self-described coaches lack real product experience. He insists that effective product coaching must rest on relevant product-role experience, a genuine desire to help others, and enough financial runway to survive the 2-3 years it takes to build a practice. He outlines three coaching types (discovery, product leadership, transformation) and three client segments (startups, growth-stage companies, enterprises), urging aspiring coaches to focus on one niche. The piece also distinguishes coaching from contracting and training, compares business structures, and offers practical guidance on marketing, billing, and service design.
01Key takeaways
- Build genuine product experience before attempting to coach others on product work.
- Choose one coaching type and one client segment where your interests and experience intersect.
- Plan for two to three years of limited revenue and secure funding or a bridge job first.
- Coach clients to do the work themselves rather than delivering their strategy or deliverables for them.
- Price around ongoing quarterly subscriptions or outcome-based packages, not hourly rates.
- Respond to every client inquiry within 24 hours and make your specialty obvious on your website and LinkedIn.
02Key sections
- Prerequisites for product coaching
- Coaching requires real product experience, since soft skills only help when built on that foundation. Aspiring coaches also need a true desire to develop others and the financial means to sustain the business early on.
- Three types of product coaching
- Discovery coaching is the most common entry point, product leadership coaching supports heads of product, and transformation coaching guides senior executives through large-scale change. Each demands a different level of seniority and experience.
- Choosing clients and focusing your practice
- Startups, growth-stage companies, and enterprises each present different needs, budgets, and challenges. Cagan recommends picking one coaching type for one client segment and presenting yourself accordingly.
- Coaching versus contracting and training
- Doing deliverables for clients does not scale the way teaching them does, and productized courses only work after a base of trust and experience exists. Coaches should avoid billing hourly and prioritize reputation.
- Business structures and marketing
- Independent coaching, in-house roles, partnerships, and agencies each carry trade-offs. Marketing depends largely on referrals, a credible online presence, and responsiveness to prospective clients.
- Pricing and packaging
- Quarterly subscriptions for a handful of ongoing clients are preferred over hourly billing, which Cagan considers the worst option. Packages should be priced around outcomes and experience rather than time.
03From the post
“A partnership dedicated to teaching best practices to product teams and product leaders”
04Frameworks mentioned
Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.