The Ultimate Guide to Diligence in Reading for User Growth
Hatched by Kazuki Nakayashiki
Jul 18, 2023
3 min read
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The Ultimate Guide to Diligence in Reading for User Growth
In today's fast-paced world, where information is easily accessible at our fingertips, it's important to distinguish between reading for understanding and reading for information. Mortimer Adler, in his guide on how to read a book, emphasizes the need to go beyond surface-level consumption and engage in a deeper, more meaningful reading experience.
When it comes to assessing user growth in a product or service, similar principles can be applied. Jonathan Hsu, in his article on social capital, emphasizes the importance of accounting for user activity and engagement. Just like reading for understanding requires active participation, understanding user growth requires a thorough analysis of metrics and indicators.
Let's delve into the key points from both perspectives and explore how they intersect.
- Understanding the true value of engagement
Hsu highlights the significance of measuring Monthly Active Users (MAU) and its variations over time. By subtracting the number of churned users from the sum of new and resurrected users, we can obtain a clearer picture of user growth. This approach helps identify the value derived from user engagement and provides insights into product-market fit.
Similarly, in reading, it's crucial to distinguish between reading for information and reading for understanding. Simply consuming information without actively engaging with the material leads to shallow knowledge. As Adler suggests, marking a book and actively reflecting on the author's ideas is a sign of respect and a way to deepen our understanding. By actively participating in the reading process, we derive more value and retain knowledge effectively.
- The power of analysis and evaluation
Hsu introduces the concept of the quick ratio, which measures the rate at which new and resurrected users outweigh churned users. A quick ratio above 1 indicates a positive growth trend. This analytical approach enables companies to assess their customer acquisition and retention efforts.
In reading, analytical reading plays a crucial role in extracting value from a book. By thoroughly examining the author's arguments, evaluating their validity, and engaging in a conversation through marginalia, we enhance our critical thinking skills. Just as companies analyze user metrics to improve their product, readers analyze the content to enhance their intellectual growth.
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