Nick @_nickpac

product data scientist, consumer startups, don’t really know what i am building yet :/ Toronto 🇨🇦 Joined January 2024

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Nick @_nickpac

2 days ago

have clarity on the desired outcome of a product change people come to me with a new feature thats being released and then they list 5+ metrics they want to track to see if it’s having the desired effect then I ask “what impact do you expect this change to have?” and they will…

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Nick @_nickpac

2 days ago

some of the highest ROI experiments aren’t complete rebrands or new features, they are a quick 2 hour hack that make an existing feature better, or change the timing of a nudge. people are scared of experimentation because they view it as this large undertaking when in reality…

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Nick @_nickpac

3 days ago

i was talking to a founder of a $10m ARR startup about experimentation and here was the big takeaway. she said she didn’t fully understand her customer behaviors until they made experimentation mandatory for all product releases / initiatives. over time you see what features /…

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Nick @_nickpac

3 days ago

if you're a PM and you are planning your next project here are the steps you should take to have the most impact. 1. explore the data to identify an opportunity (e.g. optimizing a funnel, identifying a gap in the product, increasing referrals). 2. ask yourself "what does…

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Nick @_nickpac

4 days ago

next project: systems for being a data driven pm so many pms don’t look at data both pre project to form hypothesis or post project to measure impact. big market to serve here.

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Nick @_nickpac

a week ago

you should use time-to-second session as an early indicator of churn. first make sure you see some indication that this impacts churn, then track it. your goal is to bring that number down with nudges and features that make the sure want to come back. you need to find what…

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Nick @_nickpac

2 weeks ago

if your consumer startup has PMF and you don’t have a data scientist on your team you are falling behind. there is so much to look at and optimize. data builds better products

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Nick @_nickpac

2 weeks ago

if you are a consumer founder there are 4 types of metrics you should have on lock: growth engagement activation monetization these metrics look different depending on the nuances in your business, but if you don’t have metrics in each you don’t have the full picture.

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Nick @_nickpac

2 weeks ago

how many hours have you put into your current project? at what point did you see signs of success?

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Nick @_nickpac

2 weeks ago

why build a business when you can play tennis for 2 hours? seems like a no brainer to me

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Nick @_nickpac

2 weeks ago

not many people truly understand how to build products. i have worked for startups and advised for startups that both have this issue. sure, they may be shipping alot, but they aren't thinking critically about what they should be shipping. did that feature you implemented…

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Nick @_nickpac

3 weeks ago

why do i poke holes in my ideas so often and pivot before giving it a shot? happens everytime it’s brutal.

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Nick @_nickpac

3 weeks ago

might fk around and buy this and stream myself building these businesses.

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Nick @_nickpac

3 weeks ago

what % of people are capping about the money they make online? so many people lie and lie to build an audience and then sell a course lol

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Nick @_nickpac

3 weeks ago

why is slack the standard rn?

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Nick @_nickpac

3 weeks ago

consumer startups are where its at. everyone should be working in one or building one.

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Nick @_nickpac

4 weeks ago

consumer startups are the most exciting place to be. I think I am going to pivot the community to focus on these founders. there is so much value we can provide to each other.

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Nick @_nickpac

4 weeks ago

can an online community be even 80% as impactful as an in person one? there is obviously something valuable about being face to face with people. but I feel like you can almost get there online as well.