There are different ways you can think about it, but I like to think about PMs as those that build new products (0-->1) and PMs that come in to manage an existing product (1-->N).
- 0-->1: Product Managers who build a new product or service from scratch often need to innovate, which means building something that no one else has built before.
- 1-->N: Joining a company to own an existing product, also means that product-market fit has been already established. As a PM you will focus on scaling to new or more users.
I'm planning to release a new video on this topic in a few weeks, so stay tuned. Here is a link to the channel - https://www.youtube.com/channel/UCsAz_arwNkiPobhi09VrMFg