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2 Dec, 6 tweets, 1 min read
Very interesting rebase.com thing today:

Lawyers in Portugal (and elsewhere?) cannot solicit or advertise their services, accountants can

So people have to ASK them for their services

That's why the process involves emails where accountants "refer" a lawyer on CC
This means it's illegal when people sign up to Rebase to immediately put them on a call with a lawyer. Because it'd be too direct. I can only "refer" a lawyer. I think this process could be automated legally though.
For ex: applicant could give Rebase permission to approach a lawyer "in their name"
In a way this is good news because it means I'm simply a non legal frontend directory to refer leads to lawyers. Which lawyers want because they cannot solicit themselves
But it also puts me in touchy legal territory where I have to absolutely make sure I am not legally liable for soliciting and will not solicit as a lawyer (I'm not but OK)
rebase.co* oops

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More from @levelsio

@levelsio Profile picture
7 Nov
🍰 Only 4 out of 70+ projects I ever did made money and grew

📉 >95% of everything I ever did failed

📈 My hit rate is only about ~5%

🚀 So...ship more
inb4 MAKE book didn't fail, true it didn't but it's not really a growing project (which is okay that's the nature of books), if you do want to include it the % grows to 7% hit rate
Also I think many are a success like inflationchart.com hoodmaps.com but just not making $ or growing in $, which is perfectly OKAY by me!

The point is what are the odds % of making something that makes money AND grows? I think small and for me that's about 5%
Read 4 tweets
@levelsio Profile picture
6 Nov
It took 7 years and a global pandemic but Nomad List is finally growing exponentially and passed >$500k/y

Almost exactly like @paulg's startup curve

Nice to arrive in ✨ The Promised Land ✨ after years of🩸blood 💦 sweat and 😭 tears

nomadlist.com/open
It's eery how close this matches the Wiggles of False Hope, literally you try everything and nothing really makes it grow just up and down up and down for years @paulg nomadlist.com/open
I think it was difficult to get it going because the market wasn't ready for it yet. There weren't enough people working remotely and in turn not enough % of those people going remote. It's much different now after COVID with remote work now being mainstream
Read 6 tweets
@levelsio Profile picture
5 Nov
✅ Sent out rebase.co intro email to all new applicants
✅ Set up a sheet with lawyers to set onboarding calls
✅ Hiring extra lawyers/ppl to scale this up
✅ Added expedited VIP package to decrease demand so I can still process it
✅ Refunded 4 people (2%) ImageImage
I feel like this now btw:
- I have to keep everyone who signed up happy
- I have to get the lawyers to contact every1 in time
- I have to digitalize/automate the first parts of the process

Very scary but nice process
Opposite of what usually happens when you launch something:
- nobody cares
- how do I fix this so people pay for it
- feelsbadman.html
Read 5 tweets
@levelsio Profile picture
22 Oct
VC money has saturated B2C industries to make it almost impossible to compete with them as an indie maker

B2B problems to solve are much more broad, have more profitable niches because companies spend money much easier than individuals
I'm not saying it's impossible at all but if your goal is to make money so you can quit your job and go indie, you want to increase the odds and not make it harder for yourself.

You can make B2C later once B2B money comes in and you can live off it.
I know this seems counter to what I do: Nomad List is B2C. But with Nomad List I do the jobs of an entire startup team of developers, a designer, a marketer, an exec etc. If that'd be charged by market rates it'd be loss making at $450k/y which it makes now
Read 5 tweets
@levelsio Profile picture
13 Sep
🌉 Lisbon is now
- the most visited city on nomadlist.com (>2x more than Bali)
- the most active channel on Nomad List chat
- #2 in nomads visiting based on trip logs
I think Lisbon (and much of Portugal) works because it's:
- mild California-like climate, not too cold, not too hot
- affordable relative to most of EU
- walkable (unlike much of SE Asia / world)
- friendly people
- lot of intl people already, easy to make friends
- tax benefits
- vibrant nomad / remote worker scene so nice feedback loop
- foreign land and real estate ownership (unlike SE Asia)
- foreigners have solid legal protections (unlike SE Asia)
- not much corruption (unlike SE Asia)
Read 6 tweets
@levelsio Profile picture
6 Sep
🤳 TikTok is now the most watched video app in U.S., surpassing YouTube

🛍 SHEIN is now the biggest fast-fashion retailer in the U.S., surpassing H&M, Zara and Forever 21

🕹 PUBG is the most played game

Chinese companies are silently ending U.S. tech dominance
Sources:
TikTok (by ByteDance CN): bbc.co.uk/news/technolog…
SHEIN CN: retaildive.com/news/shein-sur…
PUBG (by Tencent CN): en.wikipedia.org/wiki/List_of_m…
Have to mention that there's lots of regulatory movement in China now from gov AGAINST Chinese tech companies now of course:

bloomberg.com/news/articles/…

But I think that's a short term thing, and so does Cathie Wood from ARK scmp.com/business/compa…
Read 6 tweets

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