Main takeaways: - What is ownership within the context of Product Management? - Why ownership is important in your PM career? Framework for success: Learn > Build trust > Deliver results > Own bigger Product Scope > Become a successful PM. - How to gain ownership when you land a job as a PM and succeed - Step by Step approach what to do (hands-on examples and tips) Common pitfalls and antipatterns (things to avoid)

1. Hands-on Product Ownership by Amazon
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6. Hands-on tips to succeed as a PM in the first 90 days and
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Ownership for Product Managers

7. YiannisVasariotis
Snr. Technical Product Manager
www.linkedin.com/in/yiannis-vasariotis/
https://twitter.com/yvasariotis
ABOUT ME

8. INTRO
Who is this about?
- You are starting now your career in PM
- You are planning to transition to PM
What is ownership about?
- Ownership means:
- you claim responsibility for your decisions,
- the performance of your product scope, including
team’s outcome
- You own up to your mistakes and
- deliver on your commitments.
Extra tips (out loud)
- do not wait someone else to fix the problem,
- do not accept a sub-par work from others or yourself.

9. OBSERVATIONS
Why do I focus on these traits?
- Knowledge from working with and leading other PMs.
- Common PM material is rich in agile dev processes, prioritization, pm
interviews etc
- Witness the career paths of the PMs
- These traits are also highly valued by big tech eg. Amazon LPs.
- Give back help people avoid early mistakes and i wish i know
Which anti patterns its intended to solve?
- New PMs not leveraging on honeymoon period
- Not learning deeply the domain
- They get easily lost in to the wrong details (proof of worth)
- Unproductive comms with Stakeholders
- The engage in analysis paralysis and inaction
- Expect someone else to solve the problem.

10. VIRTUOUS CYCLE OF OWNERSHIP- First 90 days and beyond
What is Virtuous Cycle of Ownership
about?
- A set of traits you need to have and
demonstrate when you land your 1st PM job,
to swiftly get a grip on in the role and
perform great from the start.
- The Virtuous cycle is reinforcing cycle that
connects those traits.
Ownership
1.Curiosity
to learn
2.Build
communications
4. Earn
trust
3. Take action
You as a
New PM

11. CURIOSITY TO LEARN
1.Curiosity
to learn
Showcase a growth mindset.
- Learn about the business domain.Start small build a frame.
- Learn from the customer in any way possible.
- Learn your product domain knowledge, pieces of the puzzle.
- Understanding the underlying systems architecture
- Become comfortable with ambiguity
- Learn about pain points and high-level plans
Build a personal roadmap
- Name the skills not randomly (eg. Tableau, Postman Mock Server
tooling, knowledge)
- Business domain
- Team’s Pipeline
- Set strict deadlines
Show passion
- Show your willingness to learn and set the future goals

12. CURIOSITY TO LEARN
1.Curiosity
to learn
2.Build
Proactive
communicat
ions
Build proactive communications
- Be proactive in connecting with peers, customers, and
stakeholders
- Block their time & prepare in advance
- Take notes to find the systems that work for you
- Ask Questions actively engage to learn about their
problems.
- Lean back and try to understand
- Apply 4 sentence methodology
- Leverage team relationships

13. CURIOSITY TO LEARN
1.Curiosity
to learn
Take action
- Take action in the phase of ambiguity, take smaller
risks.
- Start with groundwork tasks and get them done for the
team
- Put ego aside, insecurities or fear of failure
- Avoid delays and contribute already from yesterday,
don't overanalyze.
- Build up your Product Sense to be right a lot.
2.Build
communic
ations
3. Take
action

14. CURIOSITY TO LEARN
1.Curiosity
to learn
Earn Trust
- In failure, self-reflect, improve, self-coach
- Own the outcomes on behalf of the team, admit mistakes don't be
resentful.
- Think as having an obligation and responsibility to the customer.
- Provide context and business logic necessary for the engineering and
design teams to come up with the best possible solutions.
- With no team’s trust, noof your other skills will be effective.
2.Build
communic
ations
4. Earn trust
3. Take
action

15. CURIOSITY TO LEARN
1.Curiosity
to learn
Summarizing
- This is framework to level up your game, and will help you advance
overtime.
- Learning -> Comms -> Better outcomes-> enhanced trust -> More
scope (more to learn)
- It will not help you with career growth as it enhances by its self
constantly.
- Its not one size fit all, but is part of many other you need to do.
2.Build
communic
ations
4. Earn trust
3. Take
action

16. Thank You!
Disclaimer these views and practices are mine and not representing those of my current or previous employers.

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