What do a 77 year old billionaire woman in wisconsin, Facebook ads, Philippines outsourcing, cash conversion cycle, online university leads and @patrick_oshag all have in common?

👇🏽👇🏽👇🏽
They are all part of my most read Twitter threads!

60 days ago I announced @GatewayX and started actively tweeting and since then my Twitter following has gone up by ~5x or nearly 10k followers.

Here’s a countdown of those threads...
6) my favorite metrics for bootstrappers
5) 13 piece of advice for founders
3) the biggest mistake I see in performance marketing
2) one of the most amazing bootstrapped stories!
And... 1) the story of a company I helped start earlier this year!
Follow me @jspujji and to learn more about my story, listen to this podcast!

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More from @jspujji

25 May
100 days ago, I co-founded a business. Totally bootstrapped.

Today, it’s doing $50K in MRR growing 50% per month.

Here’s the story...
I keep a long list of biz ideas that I've come up with over the years. In Jan, I decided to stop trying to find the “perfect” biz.

Instead, I’ll start a few!

If there is a big mkt, a clear value prop, I find the right people and I have an “unfair advantage” I will start it
Worst case, we shut it down. But I want more shots on goal.
Read 25 tweets
20 May
Wow. I just saw the future.

It is getting over a $1BN annual investment with a plan for $100BN+.

And it will change the world.

Here is my summary 👇🏽👇🏽👇🏽
On a plane ride with no internet, I just read @JeffBezos speech “The Purpose of Going to Space” and about @blueorigin

I’m inspired! What a mission...

His POV is beautiful, incredibly compelling and clearly articulated.
Going to space is NOT about finding another planet to live on.

It’s about preserving and augmenting the most amazing planet we know: EARTH.

“Earth is heaven.”
Read 18 tweets
12 May
Two entrepreneurs scaled from $0 to $300M+ in revenue and were Cash Flow positive from day 1… 👇
After graduation, Acton Smith started a company selling toys and gadgets online.

Meanwhile, his friend, Alex Tew was becoming an internet celebrity by building the Million Dollar Homepage.

This shared passion for entrepreneurship made them fast friends.
Despite starting 3 successful companies with exit opportunities, Acton Smith found himself stressed and with little motivation to keep working.

His friend, Alex Tew, suggested he tried meditation.

That was the start of Calm. It started as a simple website.
Read 11 tweets
10 May
Ok. I have a confession to make.

This might make me unpopular.

But I believe going to a “traditional college” is still important and relevant.

AMA.
My reasons: 1) there’s a joy in meeting people and forming lifelong bonds hard to replicate outside this experience. 2) structured learning is still helpful and meaningful. Grades do demonstrate credibility, determination, smarts, etc
3) like any shift in responsibility/life, there’s maturing that happens that’s valuable. 4) networking and “brand” are still valuable. 5) doors that colleges are open for careers services are real.
Read 5 tweets
4 May
She turned $70K into a company worth over $30 BILLION and broke every rule along the way.

Thread time about one my favorite bootstrapped GIANTS 👇👇👇
1) In 1979, Judith Faulkner (by herself) founded Human Services Computing, Inc which became Epic in Madison, Wisconsin with a $70K investment.

She was a computer science and passionate about healthcare. But it took several years before success...
2) After 4+ years of development, she created the first electronic medical records system.

Ahead of its time, Epic took another 2 years before the company hit $1M in rev.

Judy was known for high standards, determination and a "yes if" culture. But growth wasn't huge, yet..
Read 10 tweets
29 Apr
A lot is written about metrics for a VC funded entrepreneur: burn rate, mos of runway, time to next funding, etc. I have bootstrapped multiple cos to 8 figures in revenue + invested/see into several more. What metrics matter for the bootstrapped entrepreneur? A thread…
Below are my "top 5" metrics + examples + tactics for an early stage company with little to no funding Note: these metrics can be used by VC backed entrepreneurs trying to stretch a dollar/be resourceful with cash. Let the countdown begin...
#5 - Debt capacity against assets/sales - one of the most important things we did early @ampush was we borrowed (factored) against our receivables. Back then, it was still pretty old school/sharky but today there are myriad of options like @getclearco, @AssembledBrands & settle
Read 24 tweets

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