Lessons In Product Management

Product Management in a startup vs a mature organization with Nicholas Hinrichsen & Chris Coleman, former Directors of Product at Carvana and Co-Founders of WithClutch


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On today's episode, I sat down with Nicholas Hinrichsen & Chris Coleman, former Directors of Product at Carvana and Co-Founders of WithClutch.

If you need to refinance your car or want to check out what thy're working on, head over to withclutch.com

Here's what we discussed:

  • Who the product manager is in a startup versus a mature company
  • What differs in product priority at these different stages
  • How communication goes from informal to more formal the more your company matures
  • Why innovation seems to slow down as companies grow
  • One of the reasons breaking into product management is so difficult
  • When product managers are the mini-CEO and when they're not
  • The mindset shift when going from a PM in a startup to a mature organization and vice versa
  • A very interesting interview question to find where you best fit as an aspiring product manager
  • Why you have to know what company and industry you're in before you try to "move fast and break things"
  • How to take on risk without risking the brand of an established organization
  • Why there's always risk, but defining it helps you make better decisions on what level of risk you're willing to take on
  • How to balance shipping fast and risking embarrassment in an established product or org
  • Why in Blue Ocean markets, value trumps design but why things change in competitive markets
  • And what is true about product management, regardless whether you work in a startup or an established org
  • ...more
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