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.
- Seeking deeper knowledge through synthesis
Hsu suggests that companies with highly engaged users on a monthly basis should explore generating the next level of engagement on a weekly basis. This approach aligns with the idea of syntopical reading, where multiple books on the same subject are compared and contrasted. By synthesizing ideas, vocabulary, and arguments from various sources, a deeper understanding of the subject matter is achieved.
In reading, the goal is not just to consume individual books but to develop a deep fluency in a particular subject. Syntopical reading allows us to explore different perspectives, challenge our assumptions, and develop a holistic understanding. By asking the right questions and seeking answers across various texts, we enhance our knowledge and broaden our intellectual horizons.
Actionable Advice:
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Embrace active engagement: Whether it's analyzing user metrics or reading a book, actively participate in the process. Take notes, mark the text, and engage with the material to derive maximum value.
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Evaluate and iterate: Continuously assess your user growth metrics and make necessary adjustments to your product or service. Similarly, evaluate your reading habits and adjust your approach to enhance comprehension and retention.
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Embrace diversity: Just as syntopical reading encourages exploration of multiple sources, diversify your reading list. Engage with authors who possess more knowledge on a subject than yourself. By narrowing the gap between the author and yourself, you can expand your intellectual capacity.
In conclusion, the principles of diligent reading and assessing user growth share commonalities. Both require active engagement, analysis, and synthesis of information. By applying these principles, we can enhance our intellectual growth and make informed decisions in our professional and personal lives. So let's embrace the power of diligence in both reading and user growth for a more fulfilling and successful journey.
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