What is product management?
Product management is creating a product from an idea and making it available to users for solving a specific issue. As a product manager, you are responsible for the end-to-end product lifecycle, i.e. from the inception stage to the end-of-life stage. You will get all the plaudits for a successful product, but you will also receive all the blame for its failure. However, the ability to shape a product's destiny and drive its success makes it all worth it.
Why should I become a product manager?
As cliche as it sounds, a product manager's role is like that of a CEO. If you aspire to become a CEO, product management might be one of the ways to hone the required skill sets. Just like a CEO, a product manager needs to interface with every part of the organization, such as engineering, science, design, finance, marketing, legal, public relations, and analyst relations. Even if you do not aspire to become a CEO, a product manager position just might be the right fit if you enjoy working with people and leading them toward a common goal.
What if I don't have the right background?
It is a common misconception that one needs to have a STEM (science, technology, engineering, and mathematics) background to break into product management. Product management at its fundamental level is about project management and effective communication. As long as you know how to efficiently deliver cross-organizational projects and communicate with people even if you are not an expert in their field of work, you can become a good product manager.