Drawer 03 · 208 notes · 72 people · 2005–2026

Growth & retention

Acquisition loops, activation, onboarding, retention, and PLG

Q:
Answers from Growth & retention notes, cited
Lenny’s Podcast76 min

Using behavioral science to improve your product

Kristen Berman · Oct 2, 2022
Key learnings
  • Pick an uncomfortably specific behavior to change rather than a vague outcome like 'engagement'; teams should align on the exact…
  • Map every step required to perform the target behavior (a behavioral diagnosis) and attach the psychological barriers at each…
  • Reduce logistical and cognitive barriers to make desired behaviors easier, since people default to the path of least resistance…
Lenny’s Podcast72 min

Merci Grace (ex-Head of Growth at Slack) on PLG, interviewing, storytelling, building a diverse team, hiring salespeople, building a growth team, and much more

Merci Grace · Jul 11, 2022
Key learnings
  • Open pitches and presentations with the most surprising insight or action rather than market background, since the goal is to…
  • Remember that a product's onboarding should be designed from first contact, and it should teach users by using the product itself…
  • Regularly watch real users go through signup and onboarding; conversion numbers hide the emotional and confusion details that…
Lenny’s Podcast112 min

Launching and growing a podcast

Chris Hutchins · Dec 18, 2022
Key learnings
  • Committing to a steady weekly cadence, even for just 10 weeks, puts a podcast in roughly the top few percent of all shows ever…
  • Only start a podcast if you would keep doing it for free for a long time, because most shows take many months to gain traction…
  • Structure a first season as a fixed number of episodes (e.g., eight) so you can test whether you actually enjoy the work before…
Lenny’s Podcast102 min

Superhuman's secret to success: Ignoring most customer feedback, manually onboarding every new user, obsessing over every detail, and positioning around a single attribute: speed

Rahul Vohra · Mar 23, 2025
Key learnings
  • Virality rarely comes from viral mechanics; a viral factor above one is essentially unsustainable, so word of mouth driven by…
  • Track your time with a simple running log of task switches instead of your calendar, then review it weekly to see where your…
  • When leadership is stretched thin, hire a president to take over operations and executive team management so the CEO can spend…
Lenny’s Podcast88 min

Picking sharp problems, increasing virality, and unique product frameworks

Oji Udezue · Sep 14, 2023
Key learnings
  • Map B2B SaaS opportunities on two axes: how many departments a workflow touches and how frequently it runs; high-frequency niche…
  • Confirm a problem is sharp by drawing customer workflows before and after your product and measuring how much shorter they…
  • Products must be noticeably better than the status quo, roughly three times faster or more capable, before customers will switch…
Lenny’s Podcast107 min

Leveraging growth advisors, hiring well, mastering SEO, and honing your craft

Luc Levesque · Jun 15, 2023
Key learnings
  • Focus relentlessly on impact over activity: measure outcomes against the north-star metric rather than hours worked or work…
  • Hire the top 1% by looking for repeated 'signs of excellence' in a candidate's history, such as multiple standout achievements…
  • Recruit with the whole executive team and involve the candidate's spouse or family, since changing companies is a family…
Lenny’s Podcast114 min

The ultimate guide to Martech

Austin Hay · Aug 13, 2023
Key learnings
  • MarTech treats the marketing systems and platforms, both third-party and first-party, as products, and centers on people and…
  • A dedicated systems or MarTech owner usually becomes necessary somewhere around 100 to 150 people, when a village approach to…
  • Pick tools to solve specific problems, and combine buying a tool for most of the solution with building the remaining custom…
Lenny’s Podcast110 min

How to hit revenue targets in a recession

Sahil Mansuri · Dec 4, 2022
Key learnings
  • Plan next year conservatively, but set short-term checkpoints (e.g., Q1 revenue targets) that unlock extra spend or trigger…
  • Avoid founder optimism bias in forecasts; predetermine what decisions will follow from hitting or missing each milestone.
  • Rethink sales comp so reps are rewarded for renewals, retention and customer quality, not just new bookings, since current plans…
Lenny’s Podcast86 min

Behind the scenes of Calendly’s rapid growth

Annie Pearl · Feb 26, 2023
Key learnings
  • When sharing a scheduling link, first invite the other person to share their availability, and paste your open times directly…
  • Break into product via internal transfer: show curiosity, help with product work on the side, and build relationships with PMs…
  • Start from a clear product strategy that defines where you play and where you don't, including the markets, segments, and…
Lenny’s Podcast110 min

Why great AI products are all about the data

Shaun Clowes · Dec 29, 2024
Key learnings
  • Start every document from the customer, market, and competitor perspective rather than internal execution, since…
  • Right-size qualitative research: interview roughly 7 to 14 people, because fewer gives too little signal and more stops yielding…
  • Use LLMs to hunt for where your strategy doesn't fit customer feedback, not to confirm what you already believe, and to infer…
Lenny’s Podcast72 min

How to price your product

Naomi Ionita · Jan 12, 2023
Key learnings
  • Don't set pricing once and forget it; treat it like the roadmap and revisit monetization every 6 to 12 months, especially when…
  • Start monetizing earlier than feels comfortable, since delaying cheapens the product, removes pricing feedback loops, and creates…
  • Match price to value by choosing a value metric tied to how users get value, so revenue grows naturally as usage increases.
Lenny’s Podcast104 min

How marketplaces win: Liquidity, growth levers, quality, and more

Benjamin Lauzier · Sep 29, 2024
Key learnings
  • Before reaching product-market fit, avoid marketplace mechanics and focus on delivering core value to one side of the marketplace.
  • Pick the hardest side to grow, which is usually supply, and find a hack or existing channel to jumpstart it before worrying about…
  • Measure liquidity as the share of intentful demand that converts, and track a market health metric like ETA that predicts it.
Lenny’s Podcast90 min

Inside Etsy’s product, growth, and marketplace evolution

Tim Holley · Sep 3, 2023
Key learnings
  • Make one north-star KPI, such as gross merchandise sales, the drumbeat of every meeting and the yardstick for judging launches.
  • Repeat the company narrative relentlessly; Tim suggests people need to hear it several more times than you'd expect before they…
  • Benchmark against the broader set of places buyers spend money, not just direct marketplace competitors, to ground prioritization…
Lenny’s Podcast116 min

The 10 traits of great PMs, how AI will impact your product, and Slack’s product development process

Noah Weiss · Jul 23, 2023
Key learnings
  • Distill company-level product taste into a shared set of principles so teams can self-evaluate and founders are not the sole…
  • Involve founders early for strategy, goals and anti-goals, then again at the end to taste the product, and keep iterating in…
  • Run complaint storms by critiquing adjacent products' customer journeys first, which builds calibration and fresh empathy before…
Lenny’s Podcast82 min

The happiness and pain of product management

Noam Lovinsky · Mar 17, 2024
Key learnings
  • Advocate for what is best for the business even when it means shutting down your own project; in healthy organizations, that…
  • Don't hesitate to ask for a different reporting structure if it will make you more productive; Noam layered himself under a peer…
  • Set guiding principles for trade-offs, such as serving customers first, then supply, then the company, to resolve thorny…
Lenny’s Podcast80 min

Monetizing passions, scaling marketplaces, and stories from a creator economy vet

Camille Hearst · Aug 20, 2023
Key learnings
  • Creators often undervalue their work and avoid charging fans, but a fair value exchange is needed for creators to make a…
  • Subscription revenue creates a 'hamster wheel' where creators feel locked into constant output, so platforms should consider…
  • Early creators benefit from consistent, predictable publishing of quality work over time, which Camille has seen as a top success…
Lenny’s Podcast119 min

Hot takes and techno-optimism from tech’s top power couple

Sriram and Aarthi · Mar 12, 2023
Key learnings
  • Meet peers across your org for coffee with no agenda, asking about their work and who else to meet; two coffees a week compounds…
  • Follow up after good first meetings and check in every six months or so; most people never follow through, which wastes the…
  • Put your work out publicly (threads, posts, talks, GitHub, video); it acts as a signal that attracts serendipitous opportunities…