The Product Compass

The Product Compass

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The Product Compass
The Product Compass
Debunking 17 Common Misconceptions in Product Management
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Debunking 17 Common Misconceptions in Product Management

Boost your confidence, increase your credibility, drive better decisions, and avoid common mistakes.

Paweł Huryn's avatar
Paweł Huryn
Jun 10, 2023
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The Product Compass
The Product Compass
Debunking 17 Common Misconceptions in Product Management
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Hey, Paweł here. Thanks for being one of the 22,799 subscribers!

Every Saturday, you get one actionable tip for PMs to boost your career.

Here is what you might have missed recently:

  1. The Continuous Product Discovery Masterclass video course is live. Premium subscribers can enroll and get certified for free.

  2. The Product Frameworks Compendium

  3. The Ultimate List of Product Metrics


Debunking 17 Common Misconceptions in Product Management

In today’s issue, I discuss 17 common misconceptions in Product Management:

  1. Product Owner vs. Product Manager

  2. Benchmarking

  3. Product Vision vs. Product Strategy vs. Product Roadmap

  4. Customers vs. Users vs. Buyers

  5. The customer is always right

  6. Outputs vs. Outcomes

  7. Who sets the pricing

  8. Product Operations

  9. Minimum Viable Product

  10. Metrics vs. KPIs

  11. Velocity

  12. Data-Informed vs. Data-Driven

  13. Product Manager decides WHAT to build

  14. Product Manager as a mini-CEO

  15. Small Market Share

  16. Story Points vs. Hours

  17. Product-Market Fit

By mastering those areas, you can:

  • Boost your confidence

  • Increase your credibility

  • Drive better decisions

  • Avoid common mistakes

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