1⃣: Business Building
2⃣: Building Yourself and Career
3⃣: Social Media Principles
(first, an observation)
There are three kinds of companies:
🔷Audience companies
🔷Companies that will become audience companies
🔷Companies that will become irrelevant and decay
If you don't think you lead one or work for one, you do or you will
Part 1⃣: Business Building
Never forget, no one has it easy…
🔷Building a business is hard
🔷Building a business is hard
🔷Building a business is hard
The work is hard, but the formula is simple…
🔷Hire great people
🔷Work your ass off
🔷Catch some lucky breaks
First things first, post truly great content…
🔷Content that’s valuable
🔷Content you’re proud of
🔷Content that’s differentiated
🔷Content your customer fiends for
🔷Content people give a shit about and want to share
🔷Content so good your customers turn into your sellers
Focus relentlessly for years…
🔷Show up
🔷Put in time
🔷Do unsexy work
🔷Default to action
🔷Be ready for the grind
🔷Ask for nothing in return
🔷Things take longer than you think they will. Always.
Prioritize consistency…
🔷Bat for singles and doubles
🔷Prove and reprove your value
🔷Study, gain insights, and apply them
🔷Small insights can have huge impact
🔷If you want to be original, take unoriginal ideas and execute them flawlessly
Build an obsessive audience that gives a shit about you…
🔷Earn attention
🔷Force people to care
🔷Hold their hands if necessary
🔷Deliver content that connects
🔷Serve people in a way that fuels their passion
🔷Now that you have an audience, don’t fuck it up
Get your content in front of your specific customer…
🔷Be tactical
🔷Target a niche
🔷Find relevant people
🔷Make the niche so small it’s uncomfortable
Consume constantly (including your own product!)…
🔷Eat content
🔷Dream content
🔷Breathe content
Hire the right people, but don’t rush it…
🔷Know the job
🔷Build a persona
🔷Hunt for unicorns
Care about your people, and invest in them…
🔷Enlist them in a shared vision
🔷Empower them to see their greatness
🔷Give them resources to be lifelong learners
🔷Get out of their way
Empower all-stars…
🔷Give them freedom to be creators and personalities
🔷Give them tools, training, and culture to make it happen
🔷Give them clarity around mission, values, and direction
🔷Put them in a position to succeed, and watch it pay off many times over
Build culture intentionally, and over-communicate…
🔷Emphasize what's important
🔷Don’t assume people have context
🔷Make it easy to find out what your company does
🔷Give adequate background before elaborating on the future
Document the journey, especially the early days…
🔷Keep a detailed journal
🔷Take pictures and videos
🔷Reflect on what you’re building
🔷Create an entrepreneurial time capsule
🔷Showcase great and horrible experiences
🔷Your future self will thank you
Build in public…
🔷Increase vulnerability
🔷Increase serendipity
🔷Increase opportunity
🔷Increase transparency
🔷When context is missing, people assume the worst
Play the long game…
🔷Leverage data to build trust
🔷Give people more than just content
🔷Build deep and direct relationships
🔷Build assets that will be valuable in five years
Part 2⃣: Building Yourself and Your Career
Get comfortable being uncomfortable…
🔷Grow a thick skin
🔷Show extreme resilience
🔷Be proud of it
Increase luck surface area…
🔷Survive
🔷Persevere
🔷Work your ass off
🔷Create public work
🔷Keep your head down
🔷Don’t give up too early
Learn ravenously…
🔷Absorb takeaways
🔷Recognize patterns
🔷Desire true feedback
🔷Learn from smart people
🔷Be a sponge to your own life experiences
Be curious in your personal and professional life…
🔷Ask good questions
🔷Seek true feedback
🔷Acknowledge blind spots
🔷Have the humility to be wrong
🔷Feed your brain like an ever-expanding library
🔷Learn every day through questioning and exploration
Think critically and challenge norms…
🔷Challenge traditional tech teams
🔷Challenge traditional growth strategies
🔷Challenge traditional advertising opportunities
🔷Challenge traditional ways of creating content
🔷Approach everyday with an underdog mentality
Know your superpowers, and leverage them…
🔷Lean into your competencies
🔷Double down on your strengths
🔷You’re great at some things and mediocre at the rest
(And that’s fine!)
Exercise empathy…
🔷Do the right thing for others
🔷Champion others’ franchises
🔷Embrace others’ perspectives
Find the rest of Part 2⃣ and all of Part 3⃣ here...
And follow me if you want more big idea summaries!
A distillation of what @naval, @shl, and @benthompson said about the creator economy on Clubhouse this weekend:
Naval: To be a good creator, you have to be creative, and being creative means constantly creating things.
You’re not just creating something; creativity is who you are and what you do. You're always creating things in your domain. Nonstop. Constantly.
Naval: There's a tinkering mentality that can keep you ahead of the curve.
Most successful creators are tinkerers. They just play at the edges of their field on something that’s interesting to them, but they don’t do it with a strong motive. They’re genuinely interested.
To make writing easier, ask what would make it impossible:
Writing’s hard because every time you write, you’re working on two problems at once.
The first is a language and syntax problem made up of words and sentences, and the second is a meaning and structure problem made up of concepts and themes.
These two problems are interconnected, and they can’t be solved independent of each other.
Anyone who wants to become a great creator is up against The 10x Creator, a creator ten times, 50 times, or 100 times more productive than the average creator: (thread)
The concept of a 10x Engineer has been around for 50 years, and today a similar dynamic range of productivity applies to creators.
Like 10x Engineers, 10x Creators are valuable and rare.
They’re not just one standard deviation away from the mean, they’re extreme outliers — one in 2,000,000 — five standard deviations away from the mean.