My 15 best entrepreneur lessons from 2021:

🧵
1/ Plan

When you're running 100 mph, things get chaotic.

This was the first year I broke my revenue goals down to the day.

Bite-sized goals are more approachable and help increase your likelihood for success.

I highly suggest backing into yours by month, week, and day.
2/ Reduce

My 4 businesses run on so many pieces of technology.

Bills add up, things break, and opportunities are missed.

I cut a bunch of technology and folded all of my businesses into a new site, launching soon.

All-in-one tech makes things so much more manageable.
3/ Repurpose

My business runs on content.

And after writing unique pieces every day for over 2 years, I finally started to repurpose

It made me nervous.

The outcome?

Nobody noticed and the pieces were widely read by people who had never seen them the first time around.
4/ Focus

I've spent time as a SaaS advisor, coach, mentor, investor, and digital product creator.

2021 was the first year I really spent the majority of my time focused on product.

2020 product revenue: 19% of income
2021 product revenue: 52% of revenue

Income up.
Time down.
5/ Rest

In 2019, I burned out at my executive job.

In mid-2021, I was running the risk of doing the same as a creator.

My solution?

- 6 mile daily walks
- 30-minute built-in breaks
- One day per week off (failed)

2 out of 3 ain't bad.

In 2022, I'll be better.
6/ Ignore

With over 165k social media followers across 2 channels, you get a lot of nasty comments.

People are mean. Angry. Condescending. Cruel. Shitty.

I got really aggressive with the block button in 2021.

My content, my mental health, my rules.
7/ Collaborate

2021 was all about collaboration for me.

Built an incredible community of over 500 people across 51 countries.

Just jamming out on Slack, building in public, releasing products, and supporting one another.

More focus on relationships in 2022.
8/ Give

In 2020, I didn't give much back in terms of my time or money. I was overwhelmed.

Candidly, it made me feel a lack of purpose.

This year, I've spent a lot of time giving away my time, donating to causes I support, & finding ways to spread love anonymously.

Purpose ⬆️
9/ Ask

You don't get what you don't ask for.

That doesn't mean ask willy nilly. It means being smart with my asks.

In 2021 I talked to people I never would have imagined speaking to.

Interviewed amazing guests.

Was featured on sites I felt were out of my reach.

Ask!
10/ Listen

My businesses really started taking off when I remembered that my customers tell me what to create next.

Instead of building what I wanted, I asked more questions and listened intently to the answers.

The result?

A $305k improvement in product sales.
11/ Diversify

Until late 2021, I was on one social platform: LinkedIn

I had grown to 130k+ followers but had always felt a bit timid on Twitter.

12 weeks ago, I decided to just go for it.

The result? 26k followers interested in my journey.

Diversify where you create.
12/ Eliminate

In balancing my businesses, I was doing a lot of things I didn't like doing.

So, I just started saying no to things I didn't enjoy.

The easiest way for me to do this was with "No" templates.

Shout out to @thepatwalls for his "How to Say No" series.

Lifesaver.
13/ Relax

2019 & 2020 were years where I felt frustrated on social media.

I was succeeding in building my network and businesses, but politics & the world were upsetting.

So, in 2021, I turned it all off.

Eliminated Twitter trends. Blocked news sites.

Talk about relaxing.
14/ Seek

To better broaden my worldview, I also sought out those who think differently about the world than I do.

Different politics.
Different cultures.
Different viewpoints.

It was enriching and allowed me to empathize with people I normally wouldn't.

Conversation > news
15/ Remember

In the end, I remembered that life is short.

Too many days in front of the computer means too few days with my beautiful wife.

The computer, business, revenue, and social media will always be there.

Our precious time with loved ones will not.

Remember that.
Well...that's it for today.

Hope you found some nuggets you can apply to your journey.

If you enjoyed this thread:

1. Follow me for more threads on entrepreneurship → @justinsaas

2. Here’s another thread of mine you might enjoy:

Be kind in 2022 👋

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More from @JustinSaaS

14 Dec
A growing Twitter audience is an asset to any entrepreneur.

I've added 14,547 followers in just 10 weeks.

Here are the 4 very simple things I did:
1/ A "touch base" tweet each AM

Each morning, I touch base with my audience.

My simple goal?

Provide morning motivation to keep other entrepreneurs building.

It also puts my name and face in front of people on a regular basis.

2/ An educational tweet each PM

Each afternoon, I share a lesson from my entrepreneurial journey.

Topics include:

- Service businesses
- Building information products
- Using social media effectively

My only goal is to help ONE person keep growing.

Read 7 tweets
9 Dec
You don't need complicated funnels to sell info products.

Nearly everyone I've met who uses them works harder, spends more, and makes less on their products than I do.

Here's my simple formula to sell info products:

A mini 🧵👇🏻
1/ Continuous value in a niche

I spent a few years on LinkedIn talking about social media growth on the platform.

All of my best lessons already exist as content. They are all free.

The good news is people will pay for aggregation.
2/ 80% give, 20% ask

As you continue giving away valuable information, you earn the right to make an "ask".

Once per week, I ask my audience to buy a course.

I make about 15x the revenue each "ask day".

See @gumroad screenshot (a few more asks bc of Holiday sales)
Read 10 tweets
7 Dec
18 brilliant business lessons from Twitter's brightest minds:

🧵
1/ Becoming an intrapreneur with @ShaanVP

If you're not ready to become an entrepreneur, start inside of your current company.

Shaan breaks down his 1-hour per week hack to building a brand inside of your 9 to 5.

2/ The benefit of finding a niche with @Nicolascole77

Learn how an article led to feedback, and how that feedback led to a new niche.

When you capitalize on that niche?

The whole game changes.

Read 20 tweets
23 Nov
The greatest founders in the world all have something in common.

A "founder story" that's a massive marketing asset.

Follow this 7-step framework to create yours...

[🧵thread]
1/ The Obstacle

To start, it's important that your audience can relate to your story.

And there's one critical thing that's relatable to anyone:

Overcoming an obstacle.

My example: I got fired 3 times by the time I was 28 and was basically a failure heading into 2010.
2/ The Internal Struggles

Internal struggles are how we feel inside because of the obstacle above.

Internal pain is captured with words like fearful, insecure, or worried.

My example: After getting fired 3x, I was worried that I was never going to be successful at anything.
Read 11 tweets
18 Nov
Back in late 2018, I had never written anything online.

Fast forward 3 years, and I passed 100M impressions.

What most people don’t know?

I use the same process to write every time.

A short 🧵
Step 1: Ideate rapidly

What’s the fastest way to come up with ideas?

Use systems.

I created my own content matrix in Notion.

- Choose a topic
- Match it to a style
- Write a quick headline
- Repeat until you have 10 ideas

Much of writing is about systems.
Step 2: Choose a solid format

Struggling to format your writing?

There are so many tools out there to help.

I am loving @typeshare_co

They have beautiful templates built right in for inspiration.

No better way to get started.
Read 7 tweets
17 Nov
My private community just passed $11k MRR in 6 months.

Thinking of creating your own community?

Here are my top 7 learnings:

[🧵thread]
1/ Outcomes matter

It's critical that everyone is focused on the same outcome.

I have 130k followers on LinkedIn, so some people applied just to hang out.

Those members don't engage as much because the outcomes we're working towards aren't why they joined.

Be thorough.
2/ Early culture is key

We put people through a robust application process to deeply understand who they are.

We set expectations 3x on who should join and who shouldn't.

We emphasized the importance of creativity, participation, etc.

Our first 4 cohorts are amazing.
Read 9 tweets

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