I've coached 250+ founders over the last year.
Some never raise & struggle for years.
Others raise MILLIONS & build massive companies.
Here are 4 things the best founders do insanely well 🧵
Some never raise & struggle for years.
Others raise MILLIONS & build massive companies.
Here are 4 things the best founders do insanely well 🧵
1/ Build a community around you
Incredible founders build an entire ecosystem to support their efforts — customers, investors, hires, influencers
The easiest way to do this is through consistent, honest updates.
Our first investors came right off our update list:
Incredible founders build an entire ecosystem to support their efforts — customers, investors, hires, influencers
The easiest way to do this is through consistent, honest updates.
Our first investors came right off our update list:
2/ Focus on revenue from day 1
This isn't about the money. It's about the learnings you pick up while trying to get someone to swipe a credit card.
You'll...
• Identify real problems faster
• Storytell better with investors, customers, & hires
This isn't about the money. It's about the learnings you pick up while trying to get someone to swipe a credit card.
You'll...
• Identify real problems faster
• Storytell better with investors, customers, & hires
https://twitter.com/MurtazaBambot/status/1450559958865567751
3/ Learn & iterate over the course of hours, not days
Great founders fall in love with solving a problem, not the solution. They're happy to re-test assumptions & keep learning new things.
We changed our target market 4 times at @HeartbeatChat.
From an old update email:
Great founders fall in love with solving a problem, not the solution. They're happy to re-test assumptions & keep learning new things.
We changed our target market 4 times at @HeartbeatChat.
From an old update email:
4/ Play to your strengths
My strength is 1:1 conversations. Feels weird for a product like ours.
I knew it wouldn't scale, but I could give every customer a magical experience with a 1:1 onboarding & I could lean into my strength.
We STILL have customers raving about this:
My strength is 1:1 conversations. Feels weird for a product like ours.
I knew it wouldn't scale, but I could give every customer a magical experience with a 1:1 onboarding & I could lean into my strength.
We STILL have customers raving about this:
That's it for today!
If you enjoyed this...
• consider dropping a follow (@MurtazaBambot)
• RT the first tweet to help other founders who might be struggling to raise
I tweet about fundraising, startups, and our journey building
@HeartbeatChat
Join me for the ride!
If you enjoyed this...
• consider dropping a follow (@MurtazaBambot)
• RT the first tweet to help other founders who might be struggling to raise
I tweet about fundraising, startups, and our journey building
@HeartbeatChat
Join me for the ride!
TL;DR
1/ Build your community — this will become investors, customers, & hires
2/ Focusing on revenue to accelerate your learning
3/ Learn, iterate, & update in hours, not days
4/ Build along your personal strengths to benefit from compounded learning
1/ Build your community — this will become investors, customers, & hires
2/ Focusing on revenue to accelerate your learning
3/ Learn, iterate, & update in hours, not days
4/ Build along your personal strengths to benefit from compounded learning
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