Dan Price announced a minimum salary of $70,000 to all of his 120 employees back in 2015.

What has happened?

• 50+ babies have been born to company employees
• Employees have lost 50 pounds, defeated cancer
• 70% paid their debts
• 10% bought homes in Seattle

👇👇👇 1. Back in 2015, Price was a successful co-founder and CEO at Gravity Payments, earning a seven-figure sum.

One day, he went for a hike with a good friend, who earned less than $50k in a different company.

Start small. Keep improving. 📈

#indiehackers 2016 (First version) and 2020 NomadList 2014 / 2020

I failed, failed and failed again 🤦🏽

My lessons learned

• Start with something you're familiar with
• Engage with potential users
• Mainstream news ≠ success guaranteed

(Thread…) Moved to the UK, now what? 🇬🇧

I wanted to launch a startup and learn English. Google Campus was my go-to place.

Spent days browsing websites.

As I was travelling often, I had an idea. An app. To list private cars, public transport and taxis in the world’s major airports.

1/

I spent 10 months building before selling

Key takeaways

• Tech stack? Users don’t care

• The more time your solution saves, the more users are willing to pay

• Niche down

• Relationships matters

Thread... 1/ The AHA moment

• Freelance projects might lead to needs/ideas

Similar to how @tylertringas' Storemapper started

tylertringas.com/storemapper-bo…