How do you build an online community from scratch? Is it similar to growing a product?

I interviewed Jen (@BackseatVC) to find out:
1/ Jen manages Means of Creation fans, a fast-growing community about the creator economy (inspired by @ljin18 and @nbashaw's show): discord.com/invite/b6bSGCQ…

She also helped @justinkan grow his YouTube channel to 100K+ subs in 5 months while serving full time as a PM.
2/ Jen grew the MoC community by doing things that don't scale:

1. Give new members great onboarding

2. Seed the community with great content

3. Focus conversations on a few channels
3/ Give new members great onboarding

Jen DMs new members to personally welcome them to the community and ask them about their goals.

She encourages them to post and tags them in relevant community conversations.
4/ Seed the community with great content

In the beginning, she also posted 10x a day to keep conversations going. She prioritized posting to inactive channels, tagging people, and creating a spirit of giving.
5/ Focus conversations on a few channels

Jen recommends these channels when you're just getting started:
6/ To recap, like building a product, an online community needs to:

1. Exceed user expectations by personally welcoming new members.

2. Overcome the cold start problem by seeding great content.

3. Deliver great UX by focusing the conversation on a few channels.
7/ Check out the full interview with Jen below, including her thoughts on:

1. The needs of community managers
2. How the community space will evolve

Consider subscribing - I’ll write about how to apply community thinking to building products next.
creatoreconomy.so/p/applying-pro…

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More from @petergyang

4 Jun
I'm often asked how a big company might crush a startup.

Well it's quite simple really, but few know the process:
1/ The bottoms-up

While waiting for a latte at a BigCo cafe, a PM reads a @JoshConstine post of how a startup just raised $2B in a hot space.

The PM writes a 6-pager on why this is a $10B opportunity and has coffee with other product teams to get buy-in.

This leads to...
2/ The OKR

3 months and 100 coffees later, it's finally time for quarterly planning.

Everyone reads the 6-pager and asks:

"How will this move my metric?"

"Sorry, I have 5 A/B tests to run this quarter."

"This is XXXL, have you seen our tech debt?"

This leads to...
Read 8 tweets
23 May
Let's talk about having kids.

I saw a tweet the other day saying: "I'll never understand why people have kids on purpose."

Here's some real talk from a dad:
1/ People who don't have kids focus on negatives like:

1. Crying children
2. Losing touch with friends
3. Lack of time for career, hobbies, and sleep

Yet, if you ask parents, many will say that having kids is the best thing to happen to them.

Why?
2/ Kids are fun to talk to

Watching my 3-year old learn how to form phrases and sing songs gives me great joy.

We have many interesting conversations:
Read 8 tweets
21 May
I'm often asked how to ace the PM product sense interview.

It's quite simple really but few know these tricks:
1/ My product sense framework is:

Mission
Problem
Vision
Solution
MVP

Let's explore with a winning example from a FANG interview: "How would you design an alarm clock?"
2/ Mission

Candidate:
"Well, first, I'd like to start with the mission to make humanity a multi-planetary species."

Interviewer:
"Huh?"

Takeaway:
Make your mission a BIG DEAL to WOW your interviewer.
Read 8 tweets
13 Mar
🐰🕳 I went down the crypto rabbit hole the past few months because I'm convinced that it will transform the creator economy.

Here's everything that I've written about crypto, NFTs, and social tokens so far 👇
1/ The history of bitcoin and crypto from @TorstenHQ's documentary:

Read 6 tweets
11 Mar
🔮 Prediction:

Creator economy companies are in a race to the bottom to take less of a creator's earnings.

This trend is great for creators but has big implications for the companies. 👇
1/ For years, large platforms like YouTube and Twitch have taken 30%+ of a creator's earnings from subs, tips, etc.

They justify this cut because they help creators grow an audience.

2/ Startups that focus on helping creators make money take a much lower cut of creator earnings:

Substack: 10%
Gumroad: 3.5%-8.5%
Buy Me a Coffee: 5%
Read 8 tweets
18 Feb
💎 A step by step guide to NFTs for creators

If you're a creator, you're probably wondering:

What is an NFT?
Why should I care?
Why are fans paying $$$$$ for digital content?
How do I create an NFT?

New post and thread with @NERFWRLD 👇

creatoreconomy.so/p/guide-to-nft…
1/ What is an NFT?

An NFT is a record that shows who owns a unique piece of content.

Creators produce unique content such as images, videos, songs, and essays.

With NFTs, fans can now own your content and directly invest in your success. Image
2/ I already own my content, why do I need NFTs?

You don't really.

Today, middlemen sit between you and your fans to:

1. Take most of your earnings
2. Own your content rights
3. Control how many fans see your content

Just look at artist revenue share in the music industry: Image
Read 10 tweets

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