Betterment, VP Product
Member
For seasoned product managers with excellent product management skills who’ve spent their careers at well-established companies, the allure of a startup is real: it’s a chance to shape a product in its earliest days — and possibly create something groundbreaking in the process. It’s an opportunity to build an internal product culture that reflects your uniquely honed product management skills, not a patchwork of opinions from those who came before you. All the layers of approval embedded in the hierarchical structures of a large company? There’s simply not enough people in a startup to sustain those. Little sits between you and your vision hitting the market.
Here’s what no one tells you about transitioning from a non-startup to a startup: yes, all those things can be true, but success only comes if you’re game for questioning everything you’ve come to know and love about product management in your career up to the point of transition.
I made the startup leap myself after 12 years honing my product management skills at companies that had made it, including Dictionary.com, Autodesk, and Pandora. I was confident that those years had taught me how to build great products. I learned, though, that my number-one job in a startup wasn’t to build a great product, but to find product/market fit as quickly as possible — and there was little from my years of experience that prepared me for that.
Here are the three biggest learnings from my experience.
The most successful startup product leaders I’ve seen prioritize learning over practice and consumers over customers — which can feel antithetical to the product management skills purist who’s cut her teeth at some of the biggest and best product companies out there. Like the allure of a startup to an ambitious outsider, though, the upside of the transition from large company to small and scrappy is real: the impact of your work on end users is usually direct and profound. With the right amount of self-reflection and course-correction along the way, it’s a journey worth taking.
Katherine Kornas is VP of Product at Betterment, where she leads growth, mobile, and money movement product teams. Prior to joining Betterment, she was SVP, Product at Havenly, and held product leadership positions at Pandora and Autodesk. Katherine has also worked on product teams at Dictionary.com and GreatSchools. Katherine is a graduate of the University of Michigan and currently lives in New York City
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