Lenny Distilled

Build for word-of-mouth, not incremental improvement

Growth → Acquisition

Defining
To get to recommendation, you're going to blow your users' socks off. You have to give them an experience they didn't know was previously possible. And when you are in that place of doing something that no one has ever done before, that's when you get it.
Supporting
When we entered markets, if we entered with a product that was priced at say 5.9%, and the alternative was six, customers would use us, but they wouldn't talk about us. We only got the advocacy when we were eight to 10 times cheaper.
Supporting
If you pick the right feeling, it typically tracks pretty closely with the metric you care about. So, for example, we don't have a growth team and we have no semblance of growth projects. However, in many of the new features that we put out into the world, we want people to feel surprise or joy or an emotion like that. Guess what? When people feel that way, they go, 'Oh, my God, what was that?' And they start telling their friends and family about it, and they start dropping a screenshot in Slack, et cetera.
Nuanced

Viral factor measures how many new users each existing user brings on average; 0.7 means each user brings less than one new user.

There is no such thing as a truly viral product. Even Facebook in its heyday had a viral factor of about 0.7. The true secret behind virality is word of mouth. It is when one user spontaneously tells another user about your product.

The Missing Stamp

Every episode of Lenny's Podcast, distilled into the insights that matter and the quotes that make them stick.

LENNY WAS HERE__STAMP_DATE__

Lenny, if you're reading this, the stamp's ready when you are. 🧡🔥