Instead of immediately launching features, dedicate the first 4 weeks to building a deeper understanding of the product, company, and industry.
Here are the 8 things a PM should do in the first 30 days:
➡ Business model, structure, key stakeholders/teams that you will be working with
➡ Understand what each of them does, their processes, etc.
➡ Get familiarity with the industry terms, key competitors - what each of them has to offer
(this may not be relevant if you are joining a company from the same industry)
➡ Do a detailed analysis of the product on your own - identify areas of improvement, opportunities, etc. Present it to the larger team and get their feedback
➡ Connecting with the sales gives a deeper understanding of the downstream process
➡ Looking at the key metrics tracked will give you an idea about what matters to the company
➡ Understand what users feel about the product and how they perceive it
➡ This is the most ignored data source - it can provide you great deal of insights into customer feedback and problems