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@SeanEllis The Growth Team Building the Ultimate Full Company Growth Team Sean Ellis Founder & CEO GrowthHackers November 3, 2015

Building the Ultimate Full Company Growth Team

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Page 1: Building the Ultimate Full Company Growth Team

@SeanEllis

The Growth Team Building the Ultimate Full Company Growth Team

Sean Ellis Founder & CEO GrowthHackers November 3, 2015

Page 2: Building the Ultimate Full Company Growth Team

@SeanEllis

Scaling Growth is Function of Process and Team

Team Process

Page 3: Building the Ultimate Full Company Growth Team

@SeanEllis

But Many Products Not Yet Growth Worthy

Page 4: Building the Ultimate Full Company Growth Team

@SeanEllis

Sustainable Growth Requires “Must Have” Product

“How would you feel if you could no longer use this product?”

Very disappointed (40%+)

Somewhat disappointed

Not disappointed

N/A – I already stopped using

Page 5: Building the Ultimate Full Company Growth Team

@SeanEllis

Measure Growth with a North Star Metric

Reflects value delivered to your prospects/customers

Provides lens for measuring real growth and evaluating tests

Examples: Airbnb nights booked, Facebook MAU (monthly active users)

Captures several metrics (i.e. retention reflected in MRR and MAU)

Page 6: Building the Ultimate Full Company Growth Team

@SeanEllis

Everyone Impacts Growth

Marketing & PR

External Channels

Promise

1st Experience

Ongoing Experience

Sales & BD

Acquisition

Activation Revenue Retention Referral

Support & Account

Mgmt Product &

Dev

Page 7: Building the Ultimate Full Company Growth Team

@SeanEllis

Core Growth Team Drives Testing

Marketing & PR

External Channels

Promise

1st Experience

Ongoing Experience

Sales & BD

Acquisition

Activation Revenue Retention Referral

Support & Account

Mgmt Product &

Dev

Core Growth Team

Page 8: Building the Ultimate Full Company Growth Team

@SeanEllis

Building Core Growth Team

Start with a dedicated PM Growth

Rest of core growth team can initially be ad hoc

Add other dedicated people as needed to hit temp goals

Example roles: growth engineering, designers, analysts, VP Prod, CEO

Page 9: Building the Ultimate Full Company Growth Team

@SeanEllis

Testing Drives Growth

Day 1 – No certainty how you will grow

More Testing = More Discovery

Rapid testing across all vectors

Acquisition Referral Activation Revenue Retention Resurrection

Page 10: Building the Ultimate Full Company Growth Team

@SeanEllis

Example: Twitter Accelerated Testing 2011

Page 11: Building the Ultimate Full Company Growth Team

@SeanEllis

Growth Team Needs an Effective Process

Unbridled Ideation

Prioritize backlog

Launch Tests

Capture learning

Page 12: Building the Ultimate Full Company Growth Team

@SeanEllis

Unbridled Ideation

Unbridled Ideation

Prioritize backlog

Launch Tests

Capture learning

Page 13: Building the Ultimate Full Company Growth Team

@SeanEllis

Grow a Large Backlog of Ideas

Page 14: Building the Ultimate Full Company Growth Team

@SeanEllis

Idea Inputs from External and Internal Experts

External Experts

Internal Experts

Ideas Tests Results

Core Growth Team Drives Process

Page 15: Building the Ultimate Full Company Growth Team

@SeanEllis

Prioritize Backlog

Unbridled Ideation

Prioritize backlog

Launch Tests

Capture learning

Page 16: Building the Ultimate Full Company Growth Team

@SeanEllis

Formalize Ideas in an Experiment Document

Keep general contributor ideas simple (no ICE)

Page 17: Building the Ultimate Full Company Growth Team

@SeanEllis

Compare Ideas by ICE Score

Page 18: Building the Ultimate Full Company Growth Team

@SeanEllis

Launch Tests

Unbridled Ideation

Prioritize backlog

Launch Tests

Capture learning

Page 19: Building the Ultimate Full Company Growth Team

@SeanEllis

Weekly Growth Sprint Meeting Agenda

15 min: KPI review (how/why is north star metric trending?)

10 min: Review last week’s testing sprint (any issues?)

15 min: Key lessons learned from analyzed tests

15 min: Select tests for this week’s sprint

5 min: Check growth of idea backlog

Page 20: Building the Ultimate Full Company Growth Team

@SeanEllis

Choosing Right Tests to Launch

•  Core growth team each nominate 2-3 tests

•  Members pitch their nominated idea (30 seconds)

•  Discuss, shortlist and choose tests

Page 21: Building the Ultimate Full Company Growth Team

@SeanEllis

Capture Learning

Unbridled Ideation

Prioritize backlog

Launch tests

Capture learning

Page 22: Building the Ultimate Full Company Growth Team

@SeanEllis

Capture Learning in Knowledge Base

Every test leads to learning

Organize learning for easy access

Page 23: Building the Ultimate Full Company Growth Team

@SeanEllis

Share Learning with Team and Participating Experts

External Experts

Internal Experts

Ideas Tests Results

Core Growth Team Drives Process

Page 24: Building the Ultimate Full Company Growth Team

@SeanEllis

Recap

•  Goal: Sustainable growth of North Star Metric

•  Engage full internal team for insights and ideas

•  Include external experts for unique channel insights

•  Test at high tempo, capture/share learning

Page 25: Building the Ultimate Full Company Growth Team

@SeanEllis

Join GH Projects Private Beta at Projects.GrowthHackers.com

Purpose-Built Growth Collaboration System: 1) Team Ideation 2) Prioritize Testing 3) Capture Learning