Tweets

@KennethCassel @damengchen Do it! 👏👏👏

@brianclark @JerodMorris enjoyed your chat with @CorbettBarr!

https://overcast.fm/+qc-lmmCHI

@yongfook yes 😅

@lexrodba @bryce @sacca I'm not so sure about that.

Jason Fried and DHH famously had Bezos buy some of their equity in Basecamp early on. They were able to take millions off the table (personally) and just focus on growing the company (without anxiety, because they had $ in their personal bank accnts).

@Shpigford @JackEllis @tylertringas Turns out, most Americans (and the world?) says DEE-cal.

But for some reasons Canadians say "DECK-al" 🤷‍♂️

@Jessica_B365 For me, it was people opening up their business financials to me that made the difference.

Folks like @mariepoulin, @mbuckbee, @adamwathan, @taylorotwell, @nathanbarry, showed me there were better markets + business models out there (with more upside).

We can’t talk about increasing the chance for success without addressing this truth:

Anyone can start a business, but that doesn’t mean everyone should.

Some people are starting the wrong businesses. But also, some people are the wrong kind of people to be starting businesses.

@jmckinven these tutorial videos you're making for @riversidedotfm are great!

https://www.youtube.com/watch?v=boGL_3qXi8I

When you’re surfing, the wave you choose determines the quality of your ride.

Even the best surfer can’t make a flat swell amazing.

In business, the market you choose will determine the upward potential for revenue and enjoyment.

https://justinjackson.ca/surfing

I feel like doing a live audio sesh (in about 5 minutes). I want to chat bootstrapping, creator economy, etc

Should I do it on Clubhouse or @TwitterSpaces?

@christophrumpel @themsaid @michaeldyrynda High Salad

@dzohrob @sarah_edo @iChris @davetron5000 @chriscoyier everybody loves chris

@scottmathson higher

@dr Whoa! What caused the inflection?

@tylertringas @earnestcapital Whoa!

@joelgascoigne I’d say @peldi!

@Shpigford Let me sit with this for a bit, and really consider it, before I respond. 😉

@JackEllis @pjrvs OH YEAH.

Let me hire Paul.

@mikecodemonkey @jasonlbeggs @jamesm Yes! I love @jamesm's work but Tailwind Labs went and stole him away! 😭 😉

I've heard really good things about @jasonlbeggs too.

Assuming you, the founder, get paid the same (let's say $250k), which would you prefer?

- A company with millions in revenue, but requires a team of 20 people.
- A company that requires only yourself.

(Assuming other costs are relatively similar)

Imagine heat and humidity so bad, the human body can’t regulate its temperature.

That’s where the world is headed:

https://www.theguardian.com/science/2021/mar/08/global-heating-tropical-regions-human-livability

@chriswallace @punchlinecopy Only if it drives real change (ETH has been really slow moving to Proof of Stake).

If crypto folks are really committed to this experiment, they need to prove it now before too many institutional investors are invested.

We can hit pause until we know efficiency is possible.

@zenfounder I really applaud the work you’re doing, and the vulnerability in which you’re doing it. 🙏

I appreciate it.

https://overcast.fm/+ELlQ97urY

@kylecordes As @everestpipkin reminds us, a lot of these promises are plain-old bait-and-switch.

https://link.medium.com/YsEAoFctpeb

As a new founder, you can have all the conditions for success, but ultimately your vision for the product has to resonate with the market.

Your product/brand needs to have attributes that make it attractive to customers in that category (and provide enough reason to switch).

@lesley_pizza @natmiletic 😜

The risk of adopting the "slow ramp of death" mindset is that "the world is full of people with 3-year-old 'side startups;' 99% of which will never work." (Jason Coen)

"Long slow ramp" can't mean "5+ years of trying to hit $10k MRR" for most founders.

https://twitter.com/asmartbear/status/1069939899044847622?s=20

Jason believes “slow SaaS ramp of death” is misunderstood:

Gail was saying “it took us a long time to unlock the growth that got us to $250 million in ARR.”

But most indie founders aren’t trying to hit those numbers! So why are we invoking “slow ramp?”

https://twitter.com/asmartbear/status/1366251619483086849?s=20

@robwalling I think my concern is that it's become a "default" stance:

"Whelp, I'm growing slowly, but that's ok. Must just be in the slow SaaS ramp of death."

Makes it easier to ignore bad fundamentals...

https://twitter.com/mijustin/status/1366192185348030465

@MeysamSafari @_rchase_ @NathanG @SethChaffee @__tosh Yup! Just published it here:

https://share.transistor.fm/s/0a4d8e4f

Clubhouse has certain attributes that make it more disruptive for family time than other forms of media.

Specifically: it rewards those who spend multiple (unbroken) hours a day on it.

Rooms that last 4-6 hours generally get the most traction.

https://twitter.com/theothercole/status/1362053598046257152

@web Yes! I spoke about this when the pandemic initially hit.

Local delivery networks could even be faster + more efficient.

Especially if autonomous delivery (via robots) could be democratized.

“If I walk out of my home office and face another stressful situation–say, the kids are being difficult–work stress won’t just evaporate to make room. Stressful things linger and fuel each other. It becomes a vicious cycle.”

– @adii

@HarrieWheatley I run @megamaker (there’s a one-time fee to join)

For free groups, there’s Indie Hackers, @GetMakerlog, the Microconf slack might also be free?

If you want to chat about the episode (or recommend it yourself) you can reply + rate on @podysseyapp:

https://podyssey.fm/podcast/itunes1487320403/episode22625466-fairy-The-Tortoise-Podcast

For existing SaaS, what opportunities do you see for them to compete and thrive in 2021?

@SandeshAndrade 1. Go to therapy sooner
2. Let go of beliefs that weren’t serving me sooner.
3. Develop my personal life (not just my professional life)

@david_nge I’m still learning and exploring what it means to be a good friend, so I can’t speak with certainty on this yet.

What I can say: life typically slows down for folks 40+.

Your career is mature, your kids are older, there’s less pressure. So it’s a great time to find friends. 👍

@francomunizar 1. Having an open mind: strong entrenched ideology in my 20s had a negative impact.

“Think like a scientist, not like a preacher.” – @AdamMGrant

2. Doing personal and emotional work (through therapy).

@nbashaw Greenland was the most stressed I’ve been in a long time.

@jongold I have so many questions

Ok. Exporting this and uploading it to YouTube shortly:

http://youtube.com/justinjackson

@podcastharry Looking for folks who can build the biggest audience? 🤔 Or... folks who can build the right-sized audience the fastest? 😄

Even premium-priced upstarts end up being a "lower cost for better value" play.

In WPengine's case, they were more expensive than Bluehost, but they dramatically reduced the amount of time + money a site owner had to spend on security and updates.

(h/t @asmartbear)

@N0RESP0NSE I'd argue that most new businesses compete on price because they're hungrier than the competition. 😉

You don't want to compete on price forever, but in the beginning, it's often necessary.

@awilkinson @Shpigford Doesn’t most content have some sort of “feed queue” these days?

(Email newsletters, Netflix series’, even Audible books “stack up” into a queue...)

@chriscantino yes, my stories bar in linkedin is looking lonely

@ramykhuffash Yup, at the moment, I’m definitely listening to Clubhouse more too.

But I’m already seeing myself (and others) get burned out on the format.

Every once I awhile, you open the app and find an amazing room.

But 9/10 the listening experience is subpar.

Overheard in @rrhoover's room on Clubhouse:
https://www.joinclubhouse.com/event/0mg8O1YP

@JPvideoeditor Exactly. In terms of ad revenue, podcasting is tiny.

Not even 7% of radio's ad revenue!

@JordanGal CryptoCart?

🎤 Podcast review #5: how is @Shopify doing at promoting their show, @ResilientRetail?

(Spoiler: @kdlafrance and her team are doing a lot of things right!)

Watch the full video here: https://www.youtube.com/watch?v=X9av9iHfCrY&list=PL5PYemLqUixaGbr1kzaszPV4h8gc8khJH&index=6

🎤 Podcast listing review #2:

I took a look at @GraceMacjones' @techunlockedpod; she's doing a lot of things right! 🙌

(Watch the full video on YouTube: https://www.youtube.com/watch?v=nYE7jk-xigo&list=PL5PYemLqUixaGbr1kzaszPV4h8gc8khJH&index=3)

You can subscribe (and watch) all of these "podcast teardowns" on YouTube here:

https://www.youtube.com/watch?v=q-v9KM-AdVI&list=PL5PYemLqUixaGbr1kzaszPV4h8gc8khJH

@fortelabs By extension, I think Canada is unusual.

How did the French and English have a war, but then settle it by allowing both cultures to coexist? It’s a very strange history.

@owenconti @adamwathan @tuple Tailwind now includes purgecss automatically, but I still had purgecss running in webpack.mix.js

(I was essentially running purgecss twice)

@karlsutt @david_perell Yup. It’s here: https://justinjackson.ca/surfing

@getcates @chriscantino @TwitterSpaces I wrote a quick side-by-side review here:
https://transistor.fm/spaces-clubhouse/

tl;dr – I think @TwitterSpaces wins this round.

Mike says it well: universal health care is entrepreneur enabling.

It enables entrepreneurs to make the jump. https://twitter.com/MikeMcDerment/status/1350091530611126274

@r00k @tuple Yes! @TransistorFM started with @1PercentFTP and expanded to @stripe’s program.

Love seeing companies like Stripe use their reach for good. 💪🌱

📊 Unit economics

Think about a musician. 👩‍🎤🎸

## She used to make:

🎵 On iTunes:
Retail price: $0.99 / track
Artist profit: $0.69 / track

## But now she makes:

🟢 On Spotify:
Artist profit: $0.007 / stream

Her profit per unit has gone WAY down.

🎯 https://twitter.com/ErinBrockovich/status/1347700082704003079

A central totalitarian government controlling communication channels is the literal definition of “Orwellian.”

@danidonovan I just became a supporter! Love what you’re doing (and what you stand for).

#2 is about how much time, energy, and money it costs you to get a customer (variable costs).

#3 is mostly about your fixed costs (salaries, office, servers) and, most importantly, your profit.

@JordanMorgan10 @venikunche @megamaker Yup! Working on @TransistorFM full-time, but still very much involved with @megamaker. 👍

@BarrettABrooks These seem pretty accurate for me.

Honestly, the self-reinforcing nature of these tests is what I like about them. 😜

@jasonfried @tylertringas Again, I think I see this *slightly* different than you.

Yes, a surfer has a “gut instinct” for which wave is going to be good. That instinct has been honed, over years, by being in the water.

You should only trust your instincts if they’ve been honed to recognize good waves.

@grodier @jasonfried I discussed that in my chat with Jason.

My guess is that for most folks, success looks the same: doing significantly better than paid employment.

Most of the bootstrappers I know initially aim for $10k MRR (per founder) in the first 2-3 years, and increase that to $20k later.

@MattGiovanisci Lol. Great line.

@holman @notwaldorf CONGRATS! What a gorgeous day to get married! 😍

@SatchellDrakes Yes! Follow @EspreeDevora. She’s been super helpful.

Also: https://www.clubhouseguide.com/

@taylorotwell Yesssssss 🔥🔥🔥🔥

@calebporzio @LaravelLivewire @Alpine_JS Well, then you’re a wizard, Caleb. 🧙‍♂️

@MrSimonBennett @ChartMogul CONGRATS! 🎉

@jasonfried You also control which market you target.

It’s (arguably) the most important decision you make.

Some markets are better than others (have more potential buyers, frequently buy products, are easier to reach and serve, have better distribution channels).

This is also known as the “bandwagon effect:” “when people's preference for a commodity increases as the number of people buying it increases.”

https://en.wikipedia.org/wiki/Bandwagon_effect

@mubashariqbal @adamwathan See, this is where I disagree.

I think the phenomenon Adam’s describing has its foundation in Demand:

People first want a thing, and then seek it out. And, they often discover the solution that has the best Distribution.

Distribution only works if people want what you have.

@digitaltrouble In a sense, most live chat apps already do this.

@alanklement Yes! @podia is great! 👍

@IndieHackers At @TransistorFM we use the SaaS model to deliver podcast hosting, distribution, episode creation, and analytics. 👍

We've primarily grown revenue through SEO and affiliates.

@Shpigford I’ve had that exact struggle.

It definitely feels like (at least) a 10-year project to make any significant change at the local level.

And by then.... all my kids will be out of school.

@Shpigford You’re going to love it!

@arvidkahl Definitely:
- @taylorotwell
- @jeffrey_way
- @calebporzio
- @adamwathan
- @steveschoger

@nish_crafts I enjoyed this. 😄

Quality, by itself, is rarely enough to increase a product's price by 5x.

In the mind of the consumer, "5x better quality" might only be worth "1.5x higher price."

Or, it might not be worth any price increase to them!

@mattwensing TOO EARLY. 😱

Enjoy hearing what @JacobBennett and @michaeldyrynda are working on.

(Especially now that they’ve built, and launched, their own SaaS! @thenpingme)

https://overcast.fm/+GwHUUh_jM

There are challenges at each stage of your business income journey.

What questions do you have, at the stage you're at now?

(Feel free to DM me or @mariepoulin)

@5harath @curtisjcummings @shoutoutso_ Nice! My biggest concern with these kind of embeds is: how performant are they?

(For example: I found that even using Twitter's embed slowed down my site)

@lukaszkups Oooh.. I wanted this ages ago! https://www.youtube.com/watch?v=zBlsx_rvCvg

@dannyabas Whoa. You've got a couple of premium usernames there! (Twitter/Insta)

🤣 I’m only recording podcasts with Landsman from now on. https://twitter.com/ianlandsman/status/1328874302050013185

@ianlandsman YESSSS. So good.

Going to have @iChris edit this tomorrow morning and publish it to the @buildyoursaas feed.

@jrleonr This is so key for people to understand.

Desperation kills the clear thinking and creativity you’ll need to succeed.

https://justinjackson.ca/desperation

@kevinleeme Oh man. I’m scared to look at my blog and see how many times I’ve used these. 😅

Your product needs a consistent way that customers find you.

🗣️ Referrals: "Have you heard about Shure's new MV7 mic? It sounds really good"

⌨️ Search: "alternative to bootstrap css"

🏆 Reviews: "Wirecutter thinks this is the best humidifier you can buy"

@dvassallo Daniel, my question is: when can we call a spade a spade?

How bad does an individual leader have to be before we can label them as such?

Through a series of elections, Hitler’s Nazi party rose to power.

How and when should we label a leader as dangerous?

@IAmSunnyDan Dude.

The PRESIDENT should not make allegations of large-scale fraud (and theft of the election) without evidence.

He’s sowing discord and mania. https://twitter.com/NateRockQuarry/status/1324484399052677120