Every business is a mathematical function. Master the variables and you are golden.
Eg: A super simplified example
Rate of growth of revenue for Netflix = (rate of growth of new users – rate of churn) x pricing
It’s your standard mathematical form of f(g(x)), really.
So I strongly recommend understanding the levers of growth of the company you have joined. Then look at things from this lens. Things like vision, customers, features etc.
Another thing I recommend is to understand the reason why every job role exists in the company. Why is there an account management team? Why is there a digital marketing manager? What are their KRAs? This will give you a crash course on what matters for the company and why.
This isn’t an exhaustive list. So I have tried to cover some not so usual models that I like!
[Perspective By Shashank Mehta, Director of Product Strategy @Razorpay,during an AMA at NextBigWhat community]
NextBigWhat Academy’s next cohort of Product Management Course starts very soon. Get in, if you want to scale into a 10X product leader role.