Tweets

Justin Jackson
Justin Jackson@mijustin
RT
RT @mijustin: No matter your stage of life, the best advice is still: “do what you can, with what you have,” and “start now, start small.”…
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Justin Jackson
Justin Jackson@mijustin
Replying to @jamesrsowers
@jamesrsowers @thegood What’s the current state of things in e-commerce with regards to the pandemic?

Are you still seeing strong demand for e-commerce brands?
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Justin Jackson
Justin Jackson@mijustin
Replying to @sheherenow_
@jongold I’m not good at it, but over the pandemic I’ve found guitar strumming, piano plunking, and singing badly to be incredibly therapeutic.
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Justin Jackson
Justin Jackson@mijustin
Replying to @iChris
@iChris Sending you and the fam lots of healthy vibes! ❤️
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Justin Jackson
Justin Jackson@mijustin
RT
RT @dbustac: (At @ship30for30, we host our pod in Transistor.

There are many reasons to that.

But one of my favorite features is definit…
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Justin Jackson
Justin Jackson@mijustin
Replying to @peldi
@peldi Personally, I'm curious about the fads you participated in prior to 2009:

Hair metal in '84?
Pogs in '93?
JNCO jeans in '99?
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Justin Jackson
Justin Jackson@mijustin
Replying to @dvassallo
@dvassallo What do you mean by ambition and dreams? Like, more materialistic goals?
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Justin Jackson
Justin Jackson@mijustin
Replying to @dvassallo
@dvassallo For me, most of my direction was determined by:

1. How I wanted my life to be different
2. How I wanted an average day to look
3. The freedom and flexibility I desired
4. My values
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
How do you know if you’re going in the right direction?

1. Be clear about what you want: “I don’t want a boss. I want to earn $250k/year.”
2. Be a clear about *why* you want those things: “More freedom to be there for my family. Less financial stress.”
3. Define your values. https://twitter.com/lx_xlyo00/status/1479913555524653056
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
The problem with “work smarter” is people often equate that to “less effort.”

Instead, I’m saying: you still need to apply some grunt work, but that grunt work needs to be in service of high leverage activities, on a path that leads in a direction you want to go. https://twitter.com/StevenDSanders/status/1479914575109795850
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Success in business is more about doing the right things consistently than just "brute force hard work."
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
If "hard work = success" then people doing manual labor would be the most successful people in the world.

Trust me, no entrepreneur is working harder than the person doing road construction (night shift), in freezing cold temperatures.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Success is the accumulation of consistent effort, over time, in the right direction.
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Justin Jackson
Justin Jackson@mijustin
People often say that the key to success is “hard work” but that doesn’t quite encapsulate it.

For me, it’s more like “consistently pushing forward, in the right direction.”

Every day I wake up, and push the rock a bit further.
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Justin Jackson
Justin Jackson@mijustin
Replying to @randfish
@randfish Thanks so much for this thread. 🙏 Incredibly helpful to hear about all these details.
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Justin Jackson
Justin Jackson@mijustin
Replying to @jimhilluk
@jimhilluk @jonbuda Haha, oops!

Our site is static (and hosted on Netlify) so I needed to deploy a new version before that would update.

(Even though it was updated locally🤦‍♂️)
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Justin Jackson
Justin Jackson@mijustin
Some wheels don't require as much grease.

If you're constantly having to grease the wheels to keep your business working, it might be time to pivot to something new, or create something different for a different market.

Good businesses give back more than they take.
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Justin Jackson
Justin Jackson@mijustin
Yes, the category of product you choose to build matters.

All categories have a different “shape”:

How many people want this thing?
How often do they want it?
How much will they pay?
How costly is distribution?
How complex is the product?
How expensive is the production?
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Justin Jackson
Justin Jackson@mijustin
Replying to @notfinereli
@finereli I know that’s the popular sentiment, and I’ve experienced something like that in previous jobs, but at Transistor we’ve found the opposite: thousands of awesome customers, and way less exhausting than other SaaS I’ve been apart of.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mhmazur
@mhmazur I think "2 months free" is pretty standard.

$19/month --> $190/year
$49/month --> $490/year
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Justin Jackson
Justin Jackson@mijustin
Replying to @jdnoc
@jdnoc What you've accomplished and learned before the age of 30 is truly inspiring. 👍

Well done. Cheering for you and your next project! 👏
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
“There’s a false dichotomy between imitation and innovation. They’re part of the same process of discovery. Some of history’s most creative geniuses started off by simply imitating the right model.”

@lukeburgis, Wanting
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Justin Jackson
Justin Jackson@mijustin
“I don’t invent anything, I start where the others came from.” – Lamborghini
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Justin Jackson
Justin Jackson@mijustin
Replying to @LumSmith
@LumSmith My experience is there’s a certain kind of Prosumer customer who’s much easier to support than a certain kind of SMB.
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Justin Jackson
Justin Jackson@mijustin
This is me.

Playing with a husky puppy.

In northern Alberta, Canada.

In the early 1980s.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mikeymayers
@mikeymayers For bootstrappers, there is a ton of opportunity to build awesome $1M-$5M/year businesses.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
In 2022, more entrepreneurs should seek to understand the Prosumer category.

There’s a spectrum of serious hobbyists, aspiring creatives/makers, and brand new (tiny) SMBs that are worth considering (and who make incredible customers), but are outside of traditional B2B.
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Justin Jackson
Justin Jackson@mijustin
Replying to @TimVanDijck
@TimVanDijck This is why understanding the emerging Prosumer category is key.

There’s a spectrum of serious hobbyists, aspiring creatives/makers, and brand new (tiny) SMBs that are worth considering (and who make incredible customers).
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Justin Jackson
Justin Jackson@mijustin
Replying to @destraynor
@destraynor What changes this dynamic considerably is the “Prosumer” element.

When a consumer is an aspiring professional, takes their hobby really seriously, or is launching a side-project, their LTV can be substantial.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Successful indie startups who serve prosumers, hobbyists, and consumers:

🗃 Carrd by @ajlkn: I’m guessing he is close to 1 million customers. $19/yr

🌬 @tailwindui: main product costs $199 (one-time); millions in revenue.

🎙 @TransistorFM: $19/month, thousands of users.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
My larger point: if you see an opportunity with growing demand, and it’s a good fit for you personally, don’t ignore it just because “it’s not B2B.”

Your business doesn’t have to fit the dominant narrative to be successful; indie B2Prosumer products can be incredibly profitable.
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Justin Jackson
Justin Jackson@mijustin
The old rule for bootstrapping was “just do B2B, never do B2C,” but now we have multiple examples successful indie businesses serving hobbyists, prosumers, creatives, and individual consumers.

In 2022, don’t limit yourself! There are good opportunities outside of B2B.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
This video out of Colorado is so scary it feels like it must be a movie.

But this is real.

All our apocalyptic fiction is becoming a reality because of the climate crisis.

These unbelievable events are becoming more and more frequent.
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Justin Jackson
Justin Jackson@mijustin
Wildfires in Colorado IN DECEMBER.

Winds 80-100 mph. 1600 acres. More than 30,000 people evacuated.

My ❤️ goes out to everyone affected.
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Justin Jackson
Justin Jackson@mijustin
Replying to @nonlateral
@nonlateral I’m confused about “centralization around ownership.”

What’s an example of that currently?
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Justin Jackson
Justin Jackson@mijustin
Replying to @JackRhysider
@JackRhysider Yes, but indie podcasters have always had to find “networks bigger than themselves” for to gain traction and distribution.

With podcasting, the decentralized nature of RSS has held the “balance of power” between Apple, Spotify, Google, etc.

Do you think web3 will be the same?
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Justin Jackson
Justin Jackson@mijustin
Replying to @JackRhysider
@JackRhysider But now Spotify, Google, YouTube, Amazon, etc essentially have centralized power because they control the primary means of distribution.

Individual creators and artists can’t get traction without the big, centralized, platforms.
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Justin Jackson
Justin Jackson@mijustin
Replying to @alpipego
@alpipego Yes; because currently getting any traction for your project, product, NFT, artwork, music, video, requires distribution from the big centralized aggregators (Google, FB, Spotify, etc)

Without them, there’s no discoverability (even for small indie projects).
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Justin Jackson
Justin Jackson@mijustin
Replying to @joshaledgard
@joshaledgard @Shopify This is, in essence, what Mastadon has attempted, but it just doesn't have the network effects of centralized platforms like Twitter.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
I love the idea of the ownership economy (as summarized here by @She__Fi).

But web3 can't deliver on its promise of "freedom from the big platforms" as long as we're beholden to big platforms (Google, Facebook, Twitter, Spotify, Amazon, YouTube, etc) for distribution.
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Justin Jackson
Justin Jackson@mijustin
Replying to @ianlandsman
@ianlandsman @cdixon @naval I think you're underestimating the cumulative accrued strength of centralized platforms like Amazon, Google, Twitter, Spotify, etc...

People instinctively go to Amazon first to buy products.
They go to Google for search.
They open IG for photos.

It's not easy to "replace" that.
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Justin Jackson
Justin Jackson@mijustin
Replying to @joshaledgard
@joshaledgard And discoverability is still "centralized" in that those @shopify stores still have to use Google, FB ads, Instagram ads, etc to attract customers.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Won’t web3 projects continue to need centralized aggregators like Spotify, Apple, Google, Facebook, Discord, Twitter in order to reach an audience?

If that’s true, in a web3 world, won’t big corporations continue to control distribution, and assert considerable power?
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
On @tferriss's podcast, @naval and @cdixon spoke about how web3 enables creators to own digital property.

But what about discoverability?

Spotify's power is in its distribution; it's a central place to find, discover, and consume music.

How will that go away under web3?
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Clarifying my use of the word "distribution."

Here, distribution = promotion, discoverability, findability.

Websites, RSS feeds, podcasts, email lists, apps, art, creative projects, & music have always relied on centralized directories and search engines for customers/audience.
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