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Anuj Rathi

Episode #20

Chief Product and Marketing Officer

Jupiter Money

🔍User Research🎯Product Strategy

📝Full Transcript

13,833 words
Anuj Rathi (00:00:00): There are only three reasons why things do not happen the way you want them to happen as a leader. You can look at a person, and you would say either that person can't do, which is a capability issue, or they won't do, which is a motivation or an alignment issue, or they were not set up to do, which is really your problem that you didn't set up the ways of working now design properly. So, as a leader, do you have the right people in terms of capability? If not, is the right answer for us to coach them or to really put them... or mentor them and so on, or move them to some other place because maybe their capability is suited elsewhere? If they won't do, why won't they? Are they not aligned to you? Do they not agree with your vision? Do they not just have enough time? So on and so forth. So you need to really go deeper there. Why won't they do? Lenny (00:00:50): Today, my guest is Anuj Rathi. I've been looking to get more India-based product leaders on the podcast because this podcast has a large audience in India. When I put out a call on Twitter and LinkedIn asking people who I should have on, Anuj was the single most requested person. Anuj is Chief Product and Marketing Officer at Jupiter Money. Previously, he was Senior Vice President of Revenue and Growth at Swiggy where he spent seven years. He was also VP of Product at Snapdeal, a Senior PM at Walmart Labs, and the very first Product Manager at Flipkart where he led the buyer experience team. (00:01:24): In our conversation, we dig into how product management is different in India, Anuj's lessons about building product experiences for new users, how he operationalized the working backwards process at the companies he's worked at, why he pushes his teams to explore three divergent directions before settling on a plan, why he thinks product managers and companies should be much more full stack than they are. Also, a bunch of frameworks and contrarian takes about building product and your ...

📚Methodologies (3)

🔍 User Research

A framework derived from Scott Belsky that posits modern internet consumers possess three inherent attributes: they are Lazy (no time/patience), Vain (driven by ego/habit/social standing), and Selfish (need immediate 'what's in it for me'). Product onboarding and marketing must solve for these to capture attention.

Core Principles

  • 1.Lazy: Users will not spend time figuring out your UI; reduce friction to zero.
  • 2.Vain: Users have existing habits and egos; the product must make them look good or fit their identity.
  • 3.Selfish: Users don't care about your features; they care about their own benefit immediately.

"You have to think about users on modern internet consumers having three attributes. So they are lazy, they are vain, and they're selfish."

#'lazy,#vain,#selfish'
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🎯 Product Strategy

A strategic allocation framework to categorize product work into four distinct buckets to ensure a balanced roadmap between maintenance, growth, and innovation.

Core Principles

  • 1.Brilliant Basics: Non-negotiable tech debt and hygiene (not 'just' debt, but brilliant foundations).
  • 2.Bread and Butter: Core features and incremental optimizations that keep the business running.
  • 3.Big Bets: Large, risky initiatives aimed at significant growth or differentiation.
  • +1 more...

"If I gave you a hundred focus points, how much will you put in each of these buckets?"

#strategy#product
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🎯 Product Strategy

An enhancement of Amazon's 'Working Backwards' process. Instead of writing one Press Release (PR), the team writes three distinct, divergent PRs to explore different strategic directions before converging on one.

Core Principles

  • 1.Power of Three: Always explore three radically different solutions to a problem.
  • 2.Show Don't Tell: Write the full PR/FAQ including compliance, legal, and operational details for each version.
  • 3.Divergence before Convergence: Prevents local maxima by forcing the team to consider alternative realities.
  • +1 more...

"I actually ask my teams to write three press releases, alternative and divergent... That helps the leadership choose."

#divergent#working#backwards
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