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 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…
Product Talk · Teresa TorresMar 4, 2013

The Awful World of Email Deliverability

Mar 4, 2013 · 5 min

“It's not enough to just design a good email template. You also have to put in the work to make sure your email gets delivered. Fortunately, there are a lot of great services to help make this happen. Understand Email Deliverability First, let's go over how your email”

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 Newsletter♥ 17

How to run SEO experiments

Dec 15, 2020 · 16 min
Subscriber post — summary only

Brian Ta, a former SEO lead at Airbnb, Strava, and AngelList, explains how to run SEO experiments on sites with thousands of programmatic pages. He argues SEO tests must be bucketed at the page level rather than the…

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…
HEY World · Jason FriedAug 26, 2026

$5300 in $100s

Aug 26, 2026

Jason Fried describes an experiment for a free in-person Basecamp event in Chicago: attendees pay a $100 refundable deposit at registration and get the cash back at the door if they show up. The problem is that free…

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…
HEY World · Jason FriedAug 27, 2026

$5300 in $100s: The verdict

Aug 27, 2026

Jason Fried reports the results of an experiment where a free event charged a refundable $100 admission, returned at the door to attendees who showed up. Of 55 paid signups, 50 attended, a 90% show rate, compared with…

Lenny’s Newsletter♥ 34

Freemium vs. trial

Mar 8, 2022 · 9 min
Subscriber post — summary only

Lenny explains when a product should be free and how to choose between freemium and a free trial, based on an analysis of about 50 SaaS pricing models. He frames free as an acquisition strategy, either disrupting a…

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…