 Okay, awesome. We are live. I believe we are live. Okay, okay. Hey guys, this is Dr. Nianxili. If you see me live in both YouTube and LinkedIn, please make sure to say hi in the chat and let me know you're here and it should be working. Say hi in the chat. I think LinkedIn is still connecting. Okay, interesting. Okay, so comment on the chat if you can see me live on both LinkedIn and YouTube and tell me what your name, where you're from and what your goal for 2022. And in this talk, we are gonna discuss how to, the best way actually is the best way to keep your programming job during layoffs and also gonna give you lots of updates regarding the new market and any latest information regarding that how the entire job market has shifted given this new economic environment. So if you are live with us, please comment on the chat and at the same time, let me directly play one minute countdown music for people to get started to join us. We are live on both YouTube and LinkedIn. Hey guys, this is Dr. Nianxili. If you see me live on LinkedIn and YouTube, please make sure to say hi in the chat, what's your name, where you're from and what should go for 2022. And in this talk, we're gonna discuss so much in details regarding the latest market update and what you need to do to keep your parameter job during this crazy potential recession. And quick introduction, I am Dr. Nianxili and I help people to land their dream PM job offer in fan companies and unicorn startup. I've helped hundreds of people to achieve their goal, increase the salary and do the job they love by becoming a product manager. I want to see all of you guys succeed as well. That's why I will give you weekly free training. And specifically this training is a pre-event training for my upcoming masterclass actually tonight and tomorrow night we have a masterclass where I teach you how you're able to land and keep your dream parameter job during hybrid freeze. Okay, so make sure you register for those live masterclass and the way you register is just go to this website drnianxili.com slash masterclass. You're able to learn more and register for tonight's talk. So this talk is a pre-event training which means that this is the talk that asks you to get prepared and learn the must have information so that you know what's the best way to position yourself, understand the latest market update and then when you come to masterclass you can directly apply the strategies to help you to achieve your result much faster. Okay, so the sequence different training so make you to get ready for your upcoming three sessions and now let me see who else is with us and let me see the chat. Hi, Anger, how are you? And anybody from LinkedIn? And interesting, let me see, I'm not sure if our LinkedIn is working, let me ping my assistant but anyway, so let's get started anyway, awesome. So for Anger, how are you? Let's see who else is there and I see some people coming, let's say hi as well. Welcome, welcome, awesome. Okay, so what we are going to do is, first of all, let's give a quick overview regarding what's the latest job market in product management space. For people who join us, feel free to directly comment on the chat and ask me any questions you have regarding the like product management job market or what your specific goals and challenges in learning your dream PM job offer. Okay, now, first of all, I do wanna give you guys a general update and as if last Friday, as we all know, a MATA, MATA already announced that they are going to freeze hiring and if you go on MATA's website and searching all the product management jobs and so far they only have 28 different kind of PM jobs opening. Those are the essential jobs I still decide to continue interviewing for candidate but in general, the entire company just announced they are going to freeze hiring and for people inside a company, some of them already received the news that MATA is going to lay off employees as well. So what does this mean to everyone in the crazy environment and thinking about what you need to do for your PM career and what's happening is that it is true currently lots of market, lots of companies actually start to announce hiring and the latest phase and trend we have seen is that the entire market when people start to hire a candidate the process becomes slower and how they make offers also becomes slower because they need to do more due diligence in terms of hiring which candidate which also means that there are more candidates on the job market because like MATA is about layoff people and I believe last month, Google also say that they wanna improve productivity by 20% which are hinting that they might start to lay off people as well. So the entire market suddenly became very, very competitive but the key I wanna share with you guys is in this situation happening is that you need to understand what companies are still doing very well and for sure I know some companies are doing extremely well such as MATA, sorry, such as Amazon. So currently Amazon is in the process still hiring and because Amazon is growing in the Fintech department as we're speaking we have right now like three students interviewing for Amazon for the Fintech department. We also have a student alumni who already joined Amazon in the Fintech department as well and they constantly reach out to different prime ministers out there trying to grow their Fintech department. Actually we have two students working in the Fintech department actually. So it's crazy Amazon is also doing some like a crypto kind of initiative so has become public information actually some of our students working on the Amazon's crypto initiative as well. So in this situation, so I would suggest you guys stay away from MATA but focus on Amazon type of companies and those companies they are still growing they're still hiring and certain department has been impacted but majority of the department they're still okay within Amazon but it's true it's slower. And it's true the interview process is slower they are more going through more due diligence because there are fewer openings and out there they are way more candidate they are very qualified and recently it all from other companies they suddenly have so many people in the pipeline getting interviewed. So therefore I want you guys to stay in patience continue to go through the interview process and continue to go through those kind of like so searching or in our in PMA's definition which is continue to understand the dating process. We believe that the way for people to land a PM job is about going through the date and understand are you the top candidate for those dates and do you have the chemistry? Do you have the kind of match? Okay. Now let me go through the other part let me see any questions we have. Chris, oh very good. Chris asked this question. Can you still get a PM job remotely without experience even if not at a top company? The answer is yes. The answer is 200% yes. And actually we have lots of student landing like remote PM jobs. Like Thomas landing another like a company a payment PM offers in those company and we have like yesterday a coach another student she's interviewing for another company which is like also remote PM job. There's still lots of remote PM jobs out there. By the way the fintech opportunities I described in Amazon is also a remote PM position as well. So in both like tier one company and non tier one companies we still see a lot of remote PM positions even if we're non tech companies. To be frank lots of companies they want to stay past. Okay. So they were like, okay. So there's like a new potential recession coming up and Europe currently is getting very stressed out in terms of new mortgage like changing like prices are bound. Many things are changing in Europe. So therefore they are trying to reduce the cost by like reducing travel expenses different kind of expense they can reduce. So therefore it's more likely companies are willing to do this remote PM position because going to reduce loss of expense for like traveling or people renting an office. Yeah, it's totally possible. And lots of offers out there is for remote PM position. But the key I want to show you guys is that the entire market has shrinked. Okay. The entire market became used to be this big and become always smaller for sure. Okay. Once it's smaller there's still remote PM position and there's still a remote PM position even for people who doesn't have prior product management experience. Okay. You just really need to know what's the best way to gain those experience. Because somebody won't make it happen. And as if we are searched right now and my team look up number today we still have about 200,000 jobs that product management job. 200,000 product management job in the US as well. Okay. There's still a lot of opportunities out there. It's more about are you able to capture those opportunities? So therefore I recommend all of you guys check out PM position. All of you guys check out PM Excerptor. So our coaching program you can go to our website, docnancy.com to learn more so that you know what's the most efficient way and with much higher success rate for you to lend your dream PM job offer. Because right now people really need to know how to become the top 1% candidate because the entire market just became extremely competitive. Okay. And as I said this is a pre-event training for our free masterclass tonight. If you are interested in PM Excerptor, step number one is to attend the free masterclass where we're going to teach you what the top three strategies and then your dream PM job offer and keep it. So that's the number one to learn about the free strategies and then towards the end we're going to tell you more regarding our program and what kind of packages are most suitable for you. Okay. So make sure you sign up tonight go to docnancy.com slash masterclass for more. So let me do this. Let me show you this website. So you know where to find them. Okay. So go to docnancy.com, do this. Let me share the screen where you guys find the right information. Yes, you're right. So this is a pre-event training. So for people who already signed up for the masterclass and you should already like get resources and information to tonight's webinar we also give free resume templates so that you know what's the best way to immediately learn the interview once you have your resume ready. Okay. So now here is what we do and you go to this website docnancy.com and then click this one. Join Santa for our next free masterclass. You come here. Okay. So choose either today or tomorrow choose the time that works best for you and it was just right here. Okay. With all the key content curriculums we are going into cover in this free masterclass. Okay. This is where you need to go find out more information. Now let me continue to answer more questions. So Jay asked this question. Is Spotify a good place to apply for a designer role at this time? Yes. And actually I just searched. I was like two days ago when I searched different kind of PM positions and actually Spotify showed up. Spotify's headquarters in Miami. So guys I recently moved from Boston to Miami right before the hurricane. Yes. So Spotify is still hiring right now and I do think Spotify is very, it's very fun company, the culture itself. So yes, apply for product designer role there and I think you should find really good opportunities in Spotify right now. And Spotify also have lots of remote positions. They have a lot of remote positions. You can choose come into office, you can choose to work remotely and majority of the team they are very flexible. So you should go check it out for sure. Okay. Now Jay asked this question. This is not Jay. Okay. Puneam said, is there a way I can accelerate preparation for PM interview, I can second interview in a week. I'm hoping to know the best way to prepare for it. Okay, great. So Puneam here is, so inside our PM accelerator, we teach people how to use the most efficient way to lend your job, PM job offer with much highest accessory and much faster. You can go to this website, darknancy.com slash muscle class to learn more and as I showed you earlier, just go to this website. And now let me teach you how to exactly to crack your second round interview much faster and learn it very quickly. Okay. The way to do it is that you really need to learn from someone who already done it before, very straightforward. And I also suggest you if you have second round interview, they're gonna do lots of case studies. You really need to master what's the best way to answer those questions and how to improve your answers. For example, lots of you guys could be frank. Lots of you guys think you're doing very well. So I know like the circles framework. I read like a free PDF guide about it and then you directly apply the strategy to be frank. You heard the framework, but you don't know exactly how to apply the framework to different scenarios. For example, today I did a mock interview with one of our students inside the PM accelerator. So we can go to this website or more. Okay. So that student basically was very bright and she already was, I think she was interviewing was like Uber lift. One of those tier one companies right now. So she's doing very well herself, but her product sense in terms of the way she answered product design interview questions was very limited because her scope of thinking was very small right now. So let me define scope of thinking. Okay. So scope of thinking was that, let's say the case I gave her today was design the news aggregation service for elderly. So she directly went into a very small segmentation and her solutions was also very limited, very small. She wasn't thinking outside of box. Okay. So thinking outside of box is a critical thing that interviewer is going to evaluate you. Okay. So the best way to really learn it is to like case studies and also do it with someone who has done that before so that people know, tell you exactly what went wrong. So you immediately improve yourself. Okay. So therefore I suggest you go to this website docnancy.com and slash masterclass learn more about our upcoming live training. So go there and I have people email me is crazy. And people email me was in 24 hours and after our live masterclass he learned five more interviews from Fortune Frasier company. It's like crazy. It's nuts. Okay. So make sure come here and learn more. We also give you lots of free referrals to Google and TikTok. Okay. So now Nick asks a question. What are the tips transition from PO to PM? Okay. So here are the tips for you, Nick. If you're a product owner and you want to transition product manager it's more about scope of thinking. And in the past, for example, we have a student she was a product owner for like a year and a half but never the opportunity inside a company she talked to her manager saying hey, I want to become product manager because all you still have ways to go you don't have enough experience. So the best strategy for you to transition from product owner to product manager is your master product leadership mindset. You really think as if you feel product manager and you see things end to end product owner probably only see things in a smaller chunk because it's likely we're closer with the engineering team but you don't have the broader scope of thinking. So the best way to make this transition is start to learn. What would the product manager think about in this scenario? How would you improve your thinking your like decision making process when you're building the same type of product? So learn it before you make it. That's a key for you to succeed in any kind of new job and also the key for you to succeed in your upcoming like interviews as well. So master that first. And then once you've learned that's product management mindset how do they describe different scenarios how to see things and differently in real life when you go into interview you can present your different kind of thinking in the interview. So which means that you need to say your outcome in a much short and concise way your package, your story need to be completely repackaged. So that's a key for you to like continue to learn and then your dream PM job offer. Okay. Yeah, especially you got to do that fast and actually I was doing land offer. So she was a product owner and she became a product manager in like Canva. She became part of manager in Canva and inside a company for manager never saw she could make it happen. So she decided to repackage everything and really say things in a very bigger strategic way. That's why you need to learn a product strategy we cover product strategy in our program and swap product manager example you can learn more over there. Okay. Yeah, so learn it. I'm sincere with you guys if we don't even know what the product manager how they think differently you're not even qualified for the job which means that it's likely they will fire you or lay you off when the true recession hit. Right now I feel the pain. I think a recession is already here but we need to see the two quarters a downturn to qualify for a recession. So therefore right now I was still watching but once recession hit will be double recession which means that is inflation plus overdue recession. And then the bottom people will get eliminated within these different kind of companies. So now something very quick let me emphasize on the part the main purpose of talk which is how to keep your job. Okay. So how to keep your job is a key for you to learn what's the best strategy to continue to learn and grow. Okay. So keep your job in set once you learn a job and whatever recession come and so for example like Robin Hood lay off 23% of the employees. Okay. So once the true recession come the bottom 20% will get eliminated. The key for you to keep your job is actually doing the outstanding job for the company and actually creating products that actually driving revenue for the company. Lots of people creating something and just really not doing great things for their companies. And of course these people will get eliminated. And second, you also need to know how to communicate with your team achieve and talk about your achievement through outcome. So that's a critical. That's a key for you to continue to grow into this new position. Okay. So that's a way to keep your job. So inside PM and center we teach you the the fan level PM skills. So you need masters of skills so that you are towards the outstanding and high performance managers instead of don't know exactly how to do it. So I highly encourage everyone to really, really master how to do it in the right way. Not just like, yeah, let me just do it. To be frank, the bottom performance will get eliminated. Even my business now we're having new people in my business was because we have seen like low performance people in my company as well. So it's very important. I want you guys to perform very well in your new job. I'm very sincere about this as someone who has hired and fired and promoted lots of people in the past. So that's a key for you to continue to grow. Okay. Give me once and thank me later. So send me once soon. You see this huge recession coming then you will thank me telling you this secret how people decide how to grow the team, how to manage a team who get fired, who get kept, who get kept during this like crazy upcoming recession. Okay. So Andrea said many of the PM job openings that have found require more years to put on experience than I currently have. Should I still apply or is this discarded in the resume screening? Andrea, good question. You should still apply. Okay. We have to be friends with you guys. Lots of our companies, our students right now they do not have like prior PM experience but they have prior related PM experience. So depends on how you package your prior experience you're able to qualify yourself for the jobs that requires higher or longer years of experience. Okay. So I still encourage you to apply but I believe that the purpose of applying is not about applying for jobs. The purpose of applying is about lending a job but the key of you lending a job is how you prepare your resume, how you pack your story and once go into interview when they ask you questions oh, looks like you only have two years PM experience they will challenge you then how would you respond to those questions how you repackage your prior experience hitting? Lots of you guys have done something related to product management like me. I was like systems engineer for three years. I never thought I was a product manager until I started to learn what is product management took some training and realized, okay, actually what I did before is product management that qualify me to directly apply for PM jobs that requires three years PM experience even if at the time I was a systems engineer. So it's more about how would you be able to repackage your experience qualify you for much higher position. Okay, so short answer is yes, you should apply but it's more about how you apply. So Nihazette, I have eight years experience in SAS product and five years of product tech lead in India and then took a break to raise your kids for eight years can still get a job as a product manager. Okay, experience tax product. I think here thing, I think there's opportunities even if you have eight years career gap for your kid. I personally believe that all the moms actually agree moms. We sacrifice a lot for our families and the society still have a place for us for us to return back to the workplace. Okay, so, but that means that you really need to work harder and better prepare yourself. You know that you have huge disadvantage regarding eight years career gap. For you, it is critical. Think about number one, how would you continue to learn the latest news, latest technology, latest strategy, how to build product because you already have the career gap. And number two, how are you able to demonstrate your learning capabilities and your past experience and build some product portfolio to demonstrate, hey, even if I have a gap here is my portfolio I already gained those experience, so skills in the past like couple of months and here is what I believe I am able to contribute to a new company. So this is critical. You need to build a product portfolio, okay? So inside of PMX Center, we teach people how to build a product portfolio as well. You can go to this website, darknancy.com and learn more, okay? So now, let me answer the next question. But I highly remind you that you actually have a career gap and to take care of your family, I do believe that's an amazing sacrifice to have done for your family because myself is also a new mom. I totally understand the struggles are going through things like this. So which means that you have the support and help to go back to your workforce, you really need to repackage everything and learn how to better package yourself, okay? So Chris said, do you have one-on-one mentoring to analyze resume? Yes, we do. So inside of PMX Center, okay, we have, we have many different packages. Once you say it's PMX Center, we have packages of doing one-on-one resume review. You also have one-on-one strategy session and you have like unlimited mock interviews. Yeah, inside of PMX Center, we have lots of one-on-ones as well and you have one-on-one strategy session. So go to this website. Learn more and the key to enroll and learn more about the program is joined tonight's masterclass. So have I show you the masterclass page? Let me show this very quickly. Okay, go to this website, docninsley.com. You go to docnins.com, click the first button, then this is our masterclass, okay? So we have a masterclass tonight and tomorrow and later this week. So make sure you join the masterclass and directly learn more about how we are able to help you build your portfolio to repackage your entire stories to achieve your goal much faster. Okay, let me go to the next question. Is there any college student discount? Yes, college students, you can get our early bird discount, that's $500 discount. You can come and take a look, okay? So, hi, docninsley, keep up grading great work and educating others, love it. Thank you, Peter. Awesome, awesome. Sulayma said, is there any chances for students of developing country to land the parliament job at Google? Okay, so there is a possibility. Now it's more about how, okay? So the way of how to land a job in Google, even if you're in a developing country is that you can directly, first of all, identify, does Google have a local office? Right, for example, we have a student, she is in, I think she was in Hong Kong and then she landed an offer in Google, in Asia office. Okay, I believe her offer was in Shanghai office. Yeah, basically she landed an offer in Shanghai and she's in Asia, yes, you can. You can still join Google in the developing country as well for sure, is it to be frank? I don't think it's like, hey, I'm from developing country, I cannot join Google. I bet you, I assure you, okay? In your country, as long as there is a Google office, there are people working for Google right now. You're just not one of them to be frank with you, okay? So it's, yes, it's possible because someone else in your country made it happen. So it's possible for sure. I believe it's more yourself. It's more why I'm not one of them, why these guys made it happen and what unique competitive advantage have they took in the past few years or few months, right? So to be frank with you guys, I joined the chance of joining Google at less than 1%. They interviewed so vigorously, thousand people applying for jobs of Google, okay? The chance of joining there is less than 1%. So lots of them took lots of training, lots of mentoring and knowing the insider out of Google and then eventually joined Google, okay? Lots of people took lots of competitive advantage, helped them get there. I believe you need to do it as well. Okay, very critical for you to understand why someone else made it happen in your country. You should make it happen as well, okay? Now, let me see this question. Zhao Yu said, Nancy, would you please talk about the PM opportunities that require less than one year of experience besides APM program and might be too late to apply for APM now? Okay, great. So Zhao Yu, yes. And number one, the big companies APM, they are very close, right? Meta, I believe the Meta APM, they already closed like early September or late August. They closed long time ago, okay? But they're still in trouble, PM position. For example, currently we have students interviewing, oh, today, Wednesday, yes. A student of mine, he said, he's interviewing his final interview with Microsoft right now, okay? So like some companies, they do not have APM official APM program. APM is the kind of thing, it's a program. They really do not take in too many people. But the entry level position in those non-fan companies, you need to identify those opportunities, go online, just look for parliamentary position. And in the description, they make it very clear. This is more like entry level parliamentary position, you will be mentored by senior PM, something like that. So it's very clearly this entry level position and you should get ready for those important interactions and interviews in those companies. Okay, so there are a lot of opportunities. I want to really like go search around it. And including like, and also only like fan companies, they make it as a program and a deadline for APM. For small million companies, they still have a lot of positions for PMs or entry level position in general. For example, my student Frankie when was his last offer? I think he landed offer in May or July this year for APM, for entry level PM position for small million company, non-fan company, we're also student genesis. She landed APM offer in like eight weeks within like one of the companies in DC as well. She's also like, there's so many APM positions right now. Only five fan companies. Do not focus on five fan because they're currently some of them, they're in final interview with the fan companies right now. So it's too late for you to join the five but there are 5,000 companies out there. Okay, you should look for those opportunities. So key thing is important that once you land those opportunities, you know how to write your resume. So they land interview, you know how to network so they're much higher successfully to be invited for interview. And then once you land interview, you know how to pass those interview. Okay, that limited opportunities out there for you to gain. So you need increase your success rate significantly. Muhammad said, I was graduated a silver engineer but from 2022 I started seeking PM roles. I used to join some courses and book MPM but still no cost. What should I do? What kind of company should I choose? Muhammad, here's a problem. I think the problem is that you went to the wrong program. Okay, so 15% of our students came from part of school and also like general assembly. Over there they give you the overview overview of what is part of management but they do not give you the hands-on opportunities to build a part of portfolio. That's number one. And number two, they do not teach you how to package your experience, package your stories to be presented in front of the hiring manager and your resume is also critical. So our resume was reviewed by ex-Amazon recruiter instead of our PM accelerator program. Okay, so that's why our student has much higher success rate in terms of landing interviews and in terms of closing those interviews and leading to offers. Okay, so that's the reason you have no call at all. Okay, you are missing the resume piece. Okay, your LinkedIn strategy is wrong. Your networking strategy is wrong. And then you don't know how to interview. That's the main problem. So what kind of companies should you choose? Okay, so if you're silver engineer and currently we have students, she's also her major was in silver engineering as well. Okay, currency set for interviews in many different companies. I believe, again, the problem is your resume. Okay, it's not because all my degree was in silver engineering. My personal degree was in like material science. I was studying material science. Never worked in that material science research. My PhD went in the field. Never worked in the like research field after I got my PhD. That was like long time ago. Don't guess how old I was. Yeah, so it's more about do you know how to repackage it? And actually you have vantage because you have engineering degree. So people thought you're able to communicate with engineer more efficiently. So that's really good. It's more about you don't know how to use your strengths. You don't know how to talk about your capabilities compared with other people. So that's a problem. Okay, so I suggest you come check out our PMX editor learn the free strategies first. Okay, you can directly learn the free strategies and using our one hour free training instead of PMX editor. Okay, so go to this website, docnancy.com slash masterclass. And in the description of this YouTube video you also have the link to the masterclass as well. So make sure to register and take lots of notes. Sahil said, you can see I'm gradually in December 2023 a product that launched and the side project. I also know how to code in Python what specific company actually look for trying to get an internship. Okay, great. So looks like congratulations Sahil. So looks like you are, oh, you also have a bachelor's degree in economics so graduating bachelor's degree in economics. So if you already know how to code in Python you also like have built a product as part of portfolio. And I think you should directly go for let's say B2C type of companies. Sounds like you have relatively experience in business experience. You also know how to code. I believe B2C type of companies in general they are doing well and also more fun for young people like you to join. And now depends on your personal interests and also your product have launched. If your past product is in a certain domain that can be used by certain enterprise B2B companies you apply for B2B companies as well because if you know how to code Python people are, oh, this person knows how to talk to engineers. So that's a very good advantage that you need to leverage which means that you can grow broader to different domain as well. But in general sounds like economics and like B2C is the way you need to go and especially built product portfolio. That's very good. Okay, awesome, awesome, congratulations. You have so much achievement, awesome. So for people who are looking for opportunities to build product portfolio here is the free resources you need to leverage. Go to this website, darknancy.com and go down below. Okay, so go to the resources all the way towards and the list of essential projects for interviews and those projects can also be used for product portfolio. Okay, so it's right here. Okay, so you can directly put in your information and get a 13 different kind of project you can build for your product portfolio. Okay, so do that. That's the free resources you can use right away. And anybody who's interested in learning about our strategy of how to land and keep your dream platform in shop doing a hybrid freeze, you should go to this live webinar tonight. So go click the link and select the time that works best for you. Okay, cool. Yes, I believe I covered all the questions. Awesome, okay, great. All right, so looks like we covered all the questions and welcome guys for people who already registered for our pre-masterclass, for our masterclass tonight. Get ready and make sure you take lots of notes and in your confirmation email we'll also send you two free training in terms of how to write your resume and also how our student was able to land the PM job within two months and you can learn from her strategies. Okay, take this free training and then get ready, get your resume ready, okay? And join us and we'll show you exactly the step-by-step guide for you to learn your dream PM job. Okay, awesome, awesome. Great to see all of you guys and thank you for all the questions and I'm going to see you live tonight in our masterclass. Talk to you soon. See you guys, bye.