Gem of a conversation between @APompliano and @shl.
- Deciding what to work on
- Running a transparent business
- Starting a micro-VC fund
- Finding product-market fit
- Building products versus communities
Five takeaway quotes 👇
- Deciding what to work on
- Running a transparent business
- Starting a micro-VC fund
- Finding product-market fit
- Building products versus communities
Five takeaway quotes 👇
On deciding what to work on:
“Find a thing you really believe you’re early on, go down the rabbit hole, and go all in .... If something is so obvious to you that it’s going to change the world, find a way to invest in that thing.” - @shl
“Find a thing you really believe you’re early on, go down the rabbit hole, and go all in .... If something is so obvious to you that it’s going to change the world, find a way to invest in that thing.” - @shl
On deciding between @Pinterest and starting @gumroad:
“You can have 100% of a small thing or 1% of a big thing ... When it’s 100% of a small thing, you decide when you work, who you work with, and what you work on.”
“You can have 100% of a small thing or 1% of a big thing ... When it’s 100% of a small thing, you decide when you work, who you work with, and what you work on.”
On sharing Gumroad in public:
“I just need to do it. I need to tell people, it’s how I work, it’s how I learn, it’s how I get feedback. ... I could start a fund, do all this work and reading, or I could just tweet “I’m starting a fund, who is interested?”
“I just need to do it. I need to tell people, it’s how I work, it’s how I learn, it’s how I get feedback. ... I could start a fund, do all this work and reading, or I could just tweet “I’m starting a fund, who is interested?”
On product-market fit:
B2C: “I look at, do people use it? And do they share it with other people?”
B2B: “Are people paying for your product?”
“People underestimate how hard finding product-market fit is. But once you find it, you’re sailing from there.”
B2C: “I look at, do people use it? And do they share it with other people?”
B2B: “Are people paying for your product?”
“People underestimate how hard finding product-market fit is. But once you find it, you’re sailing from there.”
On building products versus communities:
“Don’t build for everybody. ... Your first users need to be targeted. Early users create a cultural inertia, and you want to make sure that’s going the right way.”
“Don’t build for everybody. ... Your first users need to be targeted. Early users create a cultural inertia, and you want to make sure that’s going the right way.”
A few more:
@shl’s favorite book - How to Win Friends and Influence People.
There is a reason this classic is still around.
My notes 👇
dickiebush.com/book-notes/how…
@shl’s favorite book - How to Win Friends and Influence People.
There is a reason this classic is still around.
My notes 👇
dickiebush.com/book-notes/how…
