That's great, but there's a broader trend you should be aware of:
We looked at data across over 4 billion emails sent to see how iOS 15 is affecting open rates: the average has increased from 30% in August to 34% in November.
Apple released Mail Privacy Protection in iOS 15 which automatically loads the pixels in an email to prevent senders from collecting any info about the receiver.
Open rates are calculated by embedding a tiny pixel into the email logging an open when the pixel is loaded.
Since Apple is automatically loading pixels regardless of subscriber behavior, emails are appearing to be opened whether they are actually opened by the subscriber or not.
With about 63% of iOS users running iOS 15 we expect those open rates to continue to climb with installs.
If you're one of many creators who have seen your open rate increase, know that some of it is because of these tracking changes.
Keep focusing on creating the best content for your audience & don't stress about open rates as a primary metric for your business.
Did you know that 50% of motels in the United States are owned and operated by people of Indian origin?
This is the story about a Patel Motel Cartel and it's my favorite example of hard work, community, and investing profits to build wealth.
In the 1950s families from India started to immigrate to the US. Because it was so expensive they often relied on money from family to help with travel expenses and getting settled.
Once in the US they got jobs, earned more, helped another family member make the same move.
Up until now it's a normal story of family helping family.
Until these two twists:
1) the money was never repaid, but always paid forward. 2) they pooled more money for a down payment on a small motel.
We've all heard it. But what if your current project actually is a failure and you should move on?
How do you know when to shut down or double down?
Here's the mental model I used to answer that question for ConvertKit (now $29M ARR):
In 2014 I was at a crossroads. I'd been working on @ConvertKit for 18 mo and we were at just $1.4k MRR.
@hnshah called me out on it: “Admit that ConvertKit is a failure and shut it down. Move on to something else. You’ll be successful at whatever you do, so start something new.”
It hurt, but he was right. Our revenue peaked a year earlier and was on a steady decline.
This isn't the shape you want on your revenue graph.
When you're looking for a new role make sure to join a company that is Remote First.
🌐💻
Before checking the "Remote" filter on a job board would cut the list down by half. Today most roles are remote friendly.
But remote doesn't mean the same thing at every company. Understand the difference between companies that are Remote First & those that are Remote Forced.
Remote first companies:
1. Focus on async communication: They understand that communication doesn't have to happen in realtime.
Often the best communication is async: someone can create a post or video when it's right for them & everyone else can consume it on their schedule.
In 2010 Emily Weiss, a fashion assistant at Vogue, started her own fashion blog. She bought a camera, domain, & 2 months later the site was live.
Into the Gloss showcased the real-world beauty routines of fashion influencers & celebrities.
10 years later, what do you think the site is worth? Millions? 10s of millions?
While that would be an insane success for a blog, it’s not even close to the correct answer of $1.2 billion. She turned it into the beauty brand Glossier.
Billion dollar blogs aren't rare. A thread:
I'm on that journey with @ConvertKit. I started with earning a living from a blog on marketing & design. Then I used that audience to launch a SaaS company now earning $29M/yr.
It will take years, but we're on a path to create $1B in company value.