38: Product Managers, CEO’s, And A Book Preview

Seeking Wisdom with David Cancel

Molly Sloan

Business, Entrepreneurship

5 • 610 Ratings

🗓️ 12 October 2016

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you liked this episode, we bet that you’ll love our blog content. blog.drift.com/#subscribe Subscribe to never miss a post & join the 20,000+ other pros committed to getting better every day. --- This week on Seeking Wisdom, we’re talking about why David doesn’t agree with the phrase “product managers are CEO’s of their products” -- plus a quick book preview and a salute to our friends at MailChimp. Here’s the link to the MailChimp story in the New York Times that we mentioned about their revenue and growth: http://www.nytimes.com/2016/10/06/technology/mailchimp-and-the-un-silicon-valley-way-to-make-it-as-a-start-up.html?_r=3 PS. In a few weeks we’re launching our first book -- and just like all of our content at Drift, it’s going to be 100% free. If you’re on our email list at Drift, you’ll be the first to read it (all about the customer-driven revolution and why it’s the only way to build a business today). Be the first to know right here: go.drift.com/newsletter Come hang out with us at seekingwisdom.io and on Twitter @seekingwisdomio. Follow David (twitter.com/dcancel) and Dave (twitter.com/davegerhardt) on Twitter.

Transcript

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0:00.0	All right.
0:07.6	I'm ready.
0:08.4	Are you ready?
0:09.4	Born ready.
0:10.5	Okay.
0:11.6	All right.
0:12.0	So today on Seeking Wisdom, we're going to talk about a topic that is surely to get to get you fired up.
0:17.8	What's that?
0:18.8	It is this whole idea that product managers are the CEO of their products. Oh boy. Here it comes. I'm ready. Damn. My blood pressure just went up. Yeah. All right. Hit me with it. You've said this before. I think one time I said to you like, well, yeah, like product managers are CEO and you just were like, no. Hell no, the CEO is the CEO.
0:37.7	All right.
0:54.3	Tell me, you had a good line about this. So tell me, tell me the, first of all, tell me, why do you think this is something that people think about? Hmm, good question. I don't know where it stems from because I've encountered it many times in the past. So I'm not sure what the idea here is. But, you know, I've heard many times this idea of like, oh, you're the product managers
0:59.2	and mini CEOs or they're the CEO of the product or something like that.
1:03.9	And my reactions always say, no, they're not.
1:06.2	The CEO is the CEO.
1:07.7	The product manager is a product manager.
1:10.2	He is not the CEO of the product or the mini CEO, right? And because it's totally different. They don't have the same responsibilities. The job is nothing, they're nothing alike. And so I don't know where this analogy comes from.
1:23.6	I actually, I wrote down what you said in this tweet. You said the CEO has authority.
1:29.6	The product manager has none.
1:31.2	Boom! I said that? You said that. Damn. That was good. Yep. That's it. But, okay, even beyond the
1:37.6	whole like CEO versus product manager thing, isn't part of it because of like your whole thought
1:43.6	on being customer driven and what
1:45.5	the product manager should be responsible for anyway?
	...

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