The odds of getting struck by lightning are low.

But if you run around with a 20ft metal pole the odds go WAY up.

Building in public is like running around with a 20ft metal pole ⚡️⚡️⚡️

Build in Public Investor Update - Week 11/52, 2023:
Week over Week Growth Summary 📊

• ARR (Annual Recurring Revenue): $XM +0.78% (vs +1.16% last week)
• Subscribers: XK +2.52% (vs +2.99% last week)
Key Ask: Affiliate/Influencer Intros 🙏

• Running it back AGAIN because the intros are 💯 are you close to any influencers who we could chat with to discuss a partnership? Verticals of interest: Real Estate + E-Commerce (Amazon/Shopify). DM me (15% rev share opp for intro!)
Team 👥

• Current Full-Time Team (43)
• Hiring (Top 4 Roles): Finance #1, Lifecycle Marketing, Design #1, Account Manager
• Link to Careers Page: doola.com/careers
Mission 🔮

• Talent is everywhere, but opportunity is not. Our mission is to unlock the potential of human entrepreneurship and democratize access to the US financial ecosystem by empowering 1M founders globally to turn their dream idea into their dream US business 🇺🇸
doola Highlight 😄

• Shot our shot for a doola x Shopify partnership and got a call scheduled with Shopify. The post pitching the partnership also led to other inbound from companies who wanted to do a similar partnership (2 birds with one scone)

doola Lowlight 🫤

• We had some glitches in our new onboarding flow which led to a very poor experience entering information and we took a revenue hit because of this. We're sorry to all affected, we will and have to improve.
Personal Highlight 😄

• Went to my 5th @pitchandrunNYC and joined the 5x club

Personal Lowlight 🫤

• One of my favorite chapters from @mattmochary's book The Great CEO Within, is Chapter 6: On Time and Present. It's really helped me at work, but I need to apply the same principle to things outside of work (vs chronically finding myself 1-5 min late)
Thanks & Kudos 🎉

@dunkhippo33 for partnership intro
@chriszeoli for YouTube influencer intro
@sahilbloom for onboarding flow feedback
@no_fear_inc for the shoutout in his build in public post

Thanks & Kudos 🎉

@jacobmlevy for candidate intro + wifi thread idea (dropping soon)
@Matthewschulman for coach intro + book rec
• Lee for the patent idea
@JerimiahLee for the LLC bat signal

Thanks & Kudos 🎉

@zachpogrob for the tips on animation + OBSESSION 🏴
@MayaBakhai for the candidate + B2B intro + feature in newsletter

And that's a wrap! Hope you enjoyed this update.

You can also get this weekly investor update via email and join 26k+ other subscribers below:

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You can also see all previous weekly updates in this MEGATHREAD

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More from @arjunmahadevan

Mar 25
How you be as great as Bill Gates, Steve Jobs, Elon Musk, or Sir Richard Branson?

Two words.

Be obsessed. Be obsessed. Be obsessed: Image
If you're not obsessed, then stop what you're doing and find whatever does obsess you.
It helps to have an ego, but you must be in service to something bigger if you are to inspire the people you need to help you (and make no mistake, you will need them).
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Mar 24
What's the best tradition in College Football?

We Win, We Dance by @ClemsonFB 🐅

So I'm stealing their idea.

Introducing...

We doola, We Dance by @doolaHQ 🇺🇸

Every day we form an LLC, I'll dance.

This is how I learned to dance in 30 days (and how you can too learn too):
First some context: what is "We Win, We Dance?"

Well, when you win, the only thing left to do is dance.

And that is exactly what Clemson started doing after wins.

And when they danced, the atmosphere in the locker room was ABSOLUTELY ELECTRIC ⚡️⚡️⚡️

Okay, one more video, because it is PURE ELECTRICITY ⚡️⚡️⚡️

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Mar 23
The average Wharton MBA degree costs $120K per year. You're $240K in the hole... before you even start the next phase of your career!

Or, you could spend less than $24 and read these 3 business books instead on habits, prioritization, and productivity:
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James Clear, an expert on habit formation, reveals practical strategies that will teach you how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. Image
2. Essentialism by @GregoryMcKeown

Have you ever found yourself struggling with information overload? Have you ever felt both overworked and underutilized? Do you ever feel busy but not productive? If you answered yes to any of these, the way out is to become an essentialist... Image
Read 7 tweets
Mar 18
A concept I learned at 28 I wish I learned at 18.

Asymmetric Opportunity: Image
There are two types of Asymmetric Opportunities:

• Asymmetric upside is when the upside is much > than the downside.
• Asymmetric downside is when the downside is much > than the upside.

The goal is to do more things with "Big Reward" and "Small Risk"

Here are some examples: Image
1. Going on first dates

Asking someone out on a date has a huge asymmetric upside.

You might hit it off and end up in a relationship.

If not you'd just be a little embarrassed and maybe awkward with the person afterward.

Or you end up getting married.

Read 13 tweets
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With athletes receiving countless lucrative deals and fans filing into sold-out arenas, the NBA continues to grow in the financial space.

Here's a look at the top 10 valued franchises in 2023: Image
10. Dallas Mavericks - $3.26 billion

The team has continued to prove itself as a financial success 23 years after majority owner Mark Cuban purchased the team for $285 million. And with the new addition of superstar guard Kyrie Irving, the team’s next title run could be close.
9. Houston Rockets - $3.3 billion

Six years ago owner Tilman Fertitta purchased the team for $2.2 billion in 2017, which was a record sale price for an NBA team. Tilman surely will be making a return on his investment as the team’s value continues to rise each year.
Read 20 tweets
Mar 16
Back in 2005, a team built a way to find podcasts from around the Web.

But one day, Apple released the iTunes Store, and the podcast app was cooked.

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Back in 2005, a company named Odeo was born.

Odeo was a place for finding and subscribing to podcasts from around the Web.

It was something like YouTube today, a place where you could create, record and share podcasts. Image
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As one of the team members, Evan said, this podcast platform wasn’t something that even people in Odeo used.

They had built a product, but the team didn’t use it in any way.
Read 23 tweets

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