How to sell your ideas and rise within your company | Casey Winters, Eventbrite

Jul 21, 2022 Episode Page ↗
Overview

Casey Winters, CPO at Eventbrite and growth expert, shares insights on product leadership, communicating trade-offs, justifying non-sexy product work, the spectrum of PMs, and new growth trends like product-led sales and building growth loops early for scalable distribution.

At a Glance
12 Insights
55m 5s Duration
11 Topics
5 Concepts

Deep Dive Analysis

Casey Winters' Career Arc in Product and Growth

Communicating Upward and De-risking Executive Meetings

Preparing Effectively for Important Presentations

Striving for Perceived Simplicity in Product Design

Justifying Non-Sexy Product Improvements and Protecting Value

The Downfall of Functional Operations Roles

The CPO Role: Definition and Path to Get There

The Spectrum of Product People and Skill Development

New Growth Trends and Tactics: Product-Led Sales

Kindle vs. Fire Growth Strategies and Timing Growth Hires

Underappreciated Growth Strategy: Data Network Effects

Perceived Simplicity

This concept describes a product design approach where advanced features are easily discoverable for those seeking them, but effectively hidden from users who are not looking for them. The goal is to prevent complex functionalities from making the product harder to use for the majority of users who may never need that level of sophistication.

Product-Led Sales

A growth trend that unifies self-service loops (typically driven by product) and sales loops in a B2B business into one more complex, efficient engine. This approach aims to break down silos between sales, product, and marketing, allowing for more efficient customer acquisition and leveraging product-qualified leads for sales.

Kindle Strategies

These are non-scalable hacks used to acquire early users for a product. They are typically executed by founders or early team members and exist primarily to unlock 'Fire Strategies' by proving initial value and finding early adopters.

Fire Strategies

These are scalable growth methods, such as content loops, sales loops, viral loops, or paid acquisition, that can take a product to millions of users. They are the ultimate goal of 'Kindle Strategies,' which aim to find the initial traction needed to justify investment in these larger-scale approaches.

Data Network Effects

This refers to leveraging product usage data to continuously make the product's value stronger over time. Examples include personalized results or better targeting data for advertising, providing a competitive edge by generating proprietary data rather than solely relying on external platforms.

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How should product managers communicate effectively with executives?

PMs should frame their work as a story, starting with how it aligns with company strategy, metrics, and assumptions, rather than diving into details too early or re-explaining common knowledge. It's crucial to find the last point in the story that would be completely obvious to the executive and proceed from there.

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How can product managers de-risk important meetings with executives?

PMs should conduct pre-meetings with key individuals to address major concerns beforehand and role-play the presentation with their manager, anticipating questions from different executives to weave answers into the narrative and avoid surprises.

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How much time should be spent preparing for important executive meetings?

The time varies per person, but the key is to know the material deeply and anticipate every possible question from the audience, ensuring all necessary data is at hand to avoid casting doubt on the presentation and to be prepared for any eventual outcome.

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How can product teams avoid the 'product life cycle' where simple products become complex and lose users?

Companies can strive for 'perceived simplicity' by making advanced features easily discoverable when sought but effectively hidden if not looked for, ensuring complexity doesn't hinder the majority of users who will never need that level of sophistication.

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How can product leaders justify investments in 'non-sexy' product improvements like stability or performance?

It's crucial to get peer leaders (engineering, design) aligned, build custom metrics, run small tests to prove worth, establish team principles, and use experiments to build broader buy-in. Also, emphasize that protecting existing value becomes increasingly important at scale, as user expectations and the competitive landscape continuously rise.

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What is Casey Winters' perspective on functional operations roles (e.g., product ops, marketing ops)?

Functional ops roles are often a temporary 'hack' to address inefficiencies; their explicit job should be to find inefficiencies and build process or software to eliminate them, rather than becoming a long-term, stable function that perpetuates manual processes and exacerbates inefficiency.

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What is the primary responsibility of a Chief Product Officer (CPO)?

A CPO is responsible for leading and facilitating the development of products and features that deliver value for customers and, in turn, for the business. This includes defining and improving product strategy, prioritizing projects, ensuring effective execution, identifying and removing bottlenecks, and training the product team.

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What skills are most crucial for product managers aiming for a CPO role?

Focus on understanding the entire business, optimizing for the whole company (not just your team), learning to speak the language of executives, and refusing to specialize to develop a broad skill set. Strategic thinking is identified as the biggest bottleneck and a great filter for advancing to top leadership roles.

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What is the spectrum of product people Casey Winters observes, and how does it impact team building?

The spectrum ranges from 'crazy innovator types' (many ideas, often poor execution) to 'executional focused PMs' (strong execution, less strategic ideation). CPOs ideally seek people in the middle who are both strategic and capable of execution, often needing to train executors to become more strategic to advance.

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Are there new growth channels or tactics emerging given the challenges with paid acquisition and SEO?

While truly new channels are rare, companies are finding leverage through better flows and lifetime value, such as 'product-led sales,' which unifies self-service and sales loops in B2B to operate more efficiently and break down silos. This trend is in its early days but shows promise.

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When should companies focus on growth and hire a dedicated head of growth?

Founders should think about building growth loops early, even before product-market fit, to have a distribution advantage when ready. A dedicated head of growth should be hired *after* a 'fire strategy' (a scalable growth loop like sales, viral, or content loops) has been unlocked and proven to scale.

1. Communicate Upward Effectively

Escalate issues to executives to get help changing circumstances or ensure they are aware of trade-offs, allowing for fair evaluation of results. Frame your story starting from company strategy and metrics, avoiding too much detail or re-explaining known information.

2. Prepare for Key Meetings

Role-play presentations by anticipating questions from specific executives and pre-meet with key individuals to de-risk the meeting. Ensure you know the material deeply and can answer all possible questions to build confidence and impact.

3. Justify Non-Sexy Product Work

Get your engineering and design leaders aligned on the importance of non-sexy projects like performance or stability. Build custom metrics, run small tests, or establish team principles to demonstrate value and protect existing gains, preventing future erosion of product market fit.

4. Strive for Perceived Simplicity

Design products with advanced features that are easily discoverable when sought, but effectively hidden if not needed. This prevents complex functionality from confusing the majority of users who only require basic features, like WhatsApp’s approach to new capabilities.

5. Embrace Product-Led Sales

Unify self-service loops (driven by product) and sales loops in B2B businesses into one complex, efficient engine. This breaks down silos, allows sales to pick up product-qualified leads, and optimizes the skill sets of sales, product, and marketing teams.

6. Build Growth Loops Early

Think about and build growth loops into your product before achieving product market fit, not to prematurely scale, but to ensure built-in distribution. This provides a strategic advantage to grow scalably once the product is ready and retains users.

7. Leverage Data Network Effects

Utilize product usage data to continuously strengthen the product’s value over time, such as through personalized results or better targeting for advertising. This creates a competitive edge by generating proprietary data, reducing reliance on external platforms.

8. Optimize for Company First

As you advance to executive roles, learn to optimize decisions for the entire company, even if it’s at the expense of your own team’s immediate interests. This mindset shift is crucial for effective company leadership.

9. Refuse to Specialize

Focus on learning a wide array of skills across different functions to combine them and work on the most impactful problems. This broad understanding can lead to a faster path to true executive roles by enabling better communication with CEOs on diverse topics.

10. Upskill in Product Strategy

For PMs aiming for director or CPO levels, prioritize developing strong strategic thinking to write strategy documents independently and drive decision-making. This ability to push forward new ideas is a critical filter for career growth beyond senior PM roles.

11. Treat Ops as Inefficiency Fixers

View operations roles (e.g., Product Ops, Marketing Ops) as temporary functions whose explicit job is to find inefficiencies and build processes or software to eliminate them. The goal should be for these roles to become unnecessary, promoting efficiency rather than empire building.

12. Sequence Growth Strategies

Start with ‘Kindle strategies’ (non-scalable hacks) to acquire early users, with the goal of unlocking ‘Fire strategies’ (scalable acquisition loops like viral, content, or paid). Hire full-time growth specialists only once a scalable ‘Fire strategy’ has been identified and proven.

If you're not an executive, whatever you're working on, you're basically writing and telling a story. And when you talk to an exec about that story, you have to start with chapter one, which is, you know, what part of the company strategy are you working on? What metrics are you trying to improve? What assumptions are you making that are guiding, you know, what you're building?

Casey Winters

Executive communication is actually executives' communication. You're communicating with individual executives that all have different styles and different concerns about the business or about the particular problem you're working on.

Casey Winters

The goal of business operations did not exist.

Casey Winters

The goal of your Kindle strategies, these like non-scalable hacks, they only exist to unlock the FHIR strategies, to unlock the things that could take you to millions of users.

Casey Winters

If you've got a product that retains well, and you can't find more users for it, I don't think that's product market fit.

Casey Winters
15th
Casey Winters' employee number at Grubhub When he joined Grubhub, he was the 15th employee.
40 million to 150 million
Pinterest's Monthly Active Users (MAU) growth during Casey Winters' tenure Casey was there from 40 million MAU to 150 million MAU, leading the growth product team.
$1,000
Free credit for Coda listeners Coda offers $1,000 in free credit off the first statement for podcast listeners.
$50,000
Credits Mixpanel offers to startups Mixpanel gives $50,000 in credits to startups joining their program.
3 years
Duration Casey Winters has been CPO at Eventbrite He has been the Chief Product Officer at Eventbrite for three years.
5 people
Expected attendance for first-time event creators on Eventbrite Some Eventbrite users are putting on their first event and expect five people to show up.
100 events per year
Frequency for sophisticated event creators on Eventbrite Some Eventbrite users are putting on 100 events per year and are highly sophisticated.
one out of 10
Ratio of game-changing ideas from 'crazy innovator types' PMs Crazy innovator types might have 9 bad ideas, but one out of 10 could be a game-changer.