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Leveraging growth advisors, mastering SEO, and honing your craft | Luc Levesque (Shopify, Meta)

June 15, 2023

Featuring: Luc Levesque (Chief Growth Officer, Shopify)

8 quotes · 6 insights

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AI search rewards frequency over ranking

I think this is actually the biggest change since the inception of Google actually. I don't think we've seen something as profound as what's coming with AI and search.
Luc LevesqueChief Growth Officer, Shopify 55:52

Product-market fit is binary—you have it or you don't

You don't want to focus too much on growth until you have product market fit. If you start growing a product that doesn't have product market fit, you're actually doing more damage than good because you have a product that is now being exposed to the market through growth levers that is giving a bad experience with your product.
Luc LevesqueChief Growth Officer, Shopify 00:18:47

Consistent daily practice beats sporadic brilliance

The art of self-reflection and coaches. I've had coaches my whole career. You're constantly iterating, experimenting, and becoming the best you can be in your career also as a dad and as a husband.
Luc LevesqueChief Growth Officer, Shopify 01:01:32
I dedicate an hour aside to really think about, 'What's going well? What's not going well? What am I screwing up? Why am I screwing it up?' which is often more important than 'What am I screwing up?' And 'What am I going to do about it?'
Luc LevesqueChief Growth Officer, Shopify 01:32

SEO content must end the search journey

I think there's an SEO play in any company. Google is such a large funnel of existing demand for your product or your product area that there's usually an angle to get some SEO traffic there.
Luc LevesqueChief Growth Officer, Shopify 43:52
Entire industries are based off of single keywords. Companies were bought and sold based on one keyword rank. So it's not like, 'Oh, it's a little bit of traffic.' You can literally build an entire business around that first spot.
Luc LevesqueChief Growth Officer, Shopify 47:00

Growth means moving users to value, not just metrics

For me, growth equals whatever it takes to move the needle. That could be zero to one building a new product. It could be M&A, it could be SEO, it could be social, it could be onboarding.
Luc LevesqueChief Growth Officer, Shopify 00:50:29

Growth without product-market fit amplifies failure

You don't want to focus too much on growth until you have product market fit. If you start growing a product that doesn't have product market fit, you're actually doing more damage than good because you have a product that is now being exposed to the market through growth levers that is giving a bad experience with your product.
Luc LevesqueChief Growth Officer, Shopify 00:18:47

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