Over the last 8 years, @nathanbarry has built ConvertKit into a $28mm ARR business.

Here are 8 tips & lessons he shared with @dickiebush and I that have contributed to his success ๐Ÿ‘‡
1) Growth is unpredictable and non-linear.

The company went from $2,000/month to $100,000/month in a very short period of time.

Build impatiently, but trust the process.
2) Firing sucks, but there's a right way to do it.

ConvertKit has always been a fully distributed company.

But Nathan didn't want to fire someone over the internet, so he flew to them in order to fire them.
3) This is @ConvertKit's communication stack:

- Slack
- Zoom
- Basecamp
- Github
- Figma
4) There are ways to manufacture serendipity in remote work.

Nathan's team uses S'up, a Slack plug-in that matches groups of 3 at random to get on a Zoom catch-up.
5) "Cmd + Q" is codeword at ConvertKit.

It means that an employee is going off of Slack to do deep work and doesn't want to be bothered for a little while.
6) Podcasting isn't just for external use.

ConvertKit has an internal podcast where teammates interview each other to better understand their background, interests, habits, and then all employees can listen in once published.
7) Nathan hired someone to run product at ConvertKit.

He said that firing himself from the role was one of the best decisions he made for the business and was something he probably should have done earlier.
8) ConvertKit attracted great talent in two ways:

โ€ข Being a distributed business earlier than most (since 2013) which offered employees total flexibility
โ€ข Building in Public earlier than most to establish brand affinity
For more threads on building & entrepreneurship, shoot me (@businessbarista) & @dickiebush a follow!

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More from @businessbarista

14 Apr
I present "10 Questions with @mrsharma".

Think tweet-thread meets AMA.

I'll ask Nik 10 questions about Building in Public. He'll reply with his best answers for you all to see.

Like or RT your fav response.

Let's hop in ๐Ÿ‘‡
1. What is "Build in Public"? And why should we care?
2. What are the pros of "Build in Public"?
Read 12 tweets
12 Apr
In 1990, Tony Ulwick created "Jobs to Be Done," a framework that has enabled next-level product innovation.

But you don't need to be in product to benefit from this way of thinking.

Read on to learn the framework & how to apply to your work today๐Ÿ‘‡
Jobs to Be Done asks a very simple question.

"What job is your product hired to do?"

It forces you to view things from the perspective of the customer.

And it makes you realize people don't buy products & services.

They search for solutions that help them get jobs done.
Take lawnmowers, for example.

If you ask the layperson, what's the purpose of a lawnmower, they'd respond "To cut grass, obviously."

But that's not the job a lawnmower does.

A lawnmower's job is to keep grass low in order to maintain a lawn's beauty.
Read 10 tweets
10 Apr
Independent thinking is one of the greatest professional superpowers.

The best part: it is teachable.

Here is the playbook to 10x your independent thinking๐Ÿ‘‡
You must first understand what it looks like to think for yourself.

Per @paulg, there are three attributes of independent thought:

1) Fastidiousness about truth
2) Resistance to being told what to think
3) Curiosity
#1 FASTIDIOUSNESS ABOUT TRUTH

A fancy way of saying being a perfectionist about finding the truth.

Youโ€™re allergic to the phrase โ€œwe do it this way, because this is how things have always been done.โ€
Read 14 tweets
6 Apr
When building a business, nothing is more important than a co-founder relationship.

Yet the dynamics of these relationships are seldom discussed.

That ends now.

Here are five learnings in six years of building Morning Brew alongside @austin_rief ๐Ÿ‘‡
1. Find a brain VERY different from yours

We didn't need two Alexs or two Austins.

We needed brains that complemented each other and uncovered blindspots.

I am a divergent thinker.

Austin is a convergent thinker.

Both are crucial in building businesses.
2. Find someone that likes solving VERY different problems from you

I love solving new problems and problems related to people.

Austin loves solving problems related to scale and strategy.

If co-founders love & hate solving the same problems, it can create friction.
Read 8 tweets
5 Apr
Introducing The 50.

Where I share the story and lessons of a top 50 largest company in the world.

Time for #1.

This company went from 0 to $200bn in 5.5 years...

Let's dive in๐Ÿ‘‡
Pinduoduo is the 50th largest company in the world.

If Costco & Disneyland had a baby, you'd get Pinduoduo.

A discount online shopping experience littered with contests & coupons.

490 million MAUs.
$8.5 billion in 2020 revenue.
14% of China's e-commerce market.
What's most fascinating isn't its size. It's its speed.

Pinduoduo was founded in 2015!

It IPOd in 2018.

The company 119x'ed its revenue in just 6 years.

This is where my fascination lies.

And to understand Pinduoduo, we must understand its fascinating founder.
Read 21 tweets
24 Mar
I have 9 questions for you.

Questions to ask when considering launching a new product.

The hard part of building a business is SAYING NO, but it can be the difference between success and failure.

These questions will help you find your answer with confidence.
๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป ๐Ÿญ: ๐——๐—ผ๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐˜€๐—ผ๐—น๐˜ƒ๐—ฒ ๐—ฎ ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฎ๐˜‚๐—ฑ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ?

If the answer is no, that makes your decision easy.

If the answer is yes, you're not in the clear.

Keep reading.
๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป ๐Ÿฎ: ๐—”๐—ฟ๐—ฒ ๐˜„๐—ฒ ๐˜„๐—ฒ๐—น๐—น-๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฒ๐—ฑ ๐˜๐—ผ ๐˜€๐—ผ๐—น๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฎ๐˜ ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ?

Just because there's a job to be done doesn't mean you are best-equipped to do it.

Think about your unfair advantage as a business & if this opportunity leverages it.
Read 12 tweets

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