Tweets

@JamesTimmins @tylertringas “Job to be Done”

https://justinjackson.ca/what-is-jobs-to-be-done

“There’s a rule of fishing that’s a very good rule. The first rule of fishing is “fish where the fish are,” and the second rule of fishing is “don’t forget rule number one.” Some places have lots of fish, and you don’t have to be that good a fisherman to do pretty well.” – Munger

@taylorotwell I loved this whole episode btw.

You had some spicy takes, but you were also clear that if you dug in your heels (and didn't explore the rest of the ecosystem) that Laravel could get left behind.

I think you're 💯 right about the "disconnect" between the two sides.

Also related: this conversation between @leenyburger, @aarondfrancis, @sfioritto on the Hammerstone podcast.

"Is Rails over?"

Timestamp here:
https://overcast.fm/+pTByXc5Zg/5:25

Marie Ng: @threehourcoffee

If you like following indie hackers who "build in public," you should definitely follow Marie. She's getting really close getting @llamalifeco to 1,000 customers:

■■■■■■■■□□ 1k

@adamwathan @jeffrey_way @calebporzio @jackmcdade This is what real life is about: connecting with other humans in meaningful ways. 👍

@rrhoover Ideas.

I'm just obsessed with concepts, thoughts, theories, arguments, and premises.

https://twitter.com/mijustin/status/1255878157980164096

Write it out 📝🔥

I built this little site called http://writeanddestroy.com 

It allows you to vent your thoughts (things that are bothering you, things that hurt you).

Then you click the "shred" button and watch your words get destroyed.

Intense physical activity 🏋️‍♀️🏂

Snowboarding is one of the few activities that gets me out of my head, and actually clears my mind.

When I'm riding, all I can think about is what's in front of me.

"Again and again, studies have shown that talking with strangers can make us happier, more connected to our communities, mentally sharper, healthier, less lonely, and more trustful and optimistic."

https://www.theatlantic.com/family/archive/2021/08/why-we-should-talk-strangers-more/619642/

@dr @nomoremondaysfm Nice! 🙌

Just added you to our list of "Podcasts for bootstrappers." 👍

https://transistor.fm/podcasts-for-bootstrappers/

That being said, having thoughtful discourse on Twitter or Facebook is incredibly challenging.

In my experience, it's been more helpful to bring the discussion to a podcast, live audio event, email newsletter, or DMs.

Since 2008, I've shared all the lessons I've learned (in business and life) on my weekly newsletter.

I'd love to have you as a subscriber. 😊

https://justinjackson.ca/newsletter

@JackEllis @ParikPatelCFA @elonmusk 🙄 the rich don’t pay their fair share.

Elon paying some tax, for the first time in years, whilst exercising his stock options, does not invalidate the idea that “the rich don’t pay their fair share.”

He’s literally paying these taxes so he can buy more stock and get richer.

Up until now, Elon Musk has largely avoided paying personal taxes because he takes out hundreds of millions in loans (using his TSLA stock as collateral) to pay for his lifestyle.

Loans are exempt from income tax.

@dvassallo How much tax has he paid every other year?

(Keep in mind, Musk is the richest person in the world with a net worth of $251 billion.

The median net worth of a household in the USA is $121,700)

@jongold … and parent kids. 😳

@nbashaw yup.

https://twitter.com/mijustin/status/1412628392055218177

Another example:

@petersuhm worked on Branch for a long time. He tried everything to get traction.

Then, he and a co-founder built @heyreform. Reform quickly eclipsed Branch in revenue.

Effort in ≠ revenue out

Some types of products just have more demand! https://twitter.com/petersuhm/status/1417933862076878851

The moment of inspiration you have today was predestined by your past experiences.

Hey friends,

I know a few of you have podcasts, and have been wanting to switch to Transistor for hosting.

We'd love to have you!

If you sign up today, you get 20% off one year (our best deal ever). https://twitter.com/TransistorFM/status/1465386737203515392

*if you have funding (good investors), starting a business while you have young kids is more attainable.

@adii describes this dynamic here:

https://adii.me/raising-anxiety/

Again, I'm not saying we can *never* fly.

I'm just suggesting that instead of flying 6x per year, we could fly 1-2x per year.

(It's similar to reducing your alcohol consumption. An occasional drink is OK, but drinking every day is probably a problem).

It feels like DNS needs an upgrade.

@coreyhainesco Interesting to do a side-by-side analysis of what competitive products are doing.

I like putting common search term(s) in the H1 on the homepage.

It makes it really easy for someone looking for a tool to say: "Ah! Ok. I know what this is; this is what I'm looking for."

This is the larger (meta) point I'm making:

Better onboarding, UX, activation is not going to solve anything if there's an underlying motivation problem.

The driving factor for activation + retention is almost always: "how badly do people want this?"

https://twitter.com/DanielZarick/status/1440371090774126602

@hnshah @TylerMKing @tylertringas @nbashaw @m1guelpf Again, I *was* early:

- to usenet
- to ANSI art, and the demoscene
- to BBSes
- to fidonet
- to trading GIFs and binaries
- to the shareware scene
- to the web and HTML
- to web 2.0

I know how it feels to be early.

But this NFT stuff doesn't feel the same to me.

@ljin18 Is that happening anywhere yet though?

I keep hearing the promise of shared ownership for creators, but I don’t see any real-life examples.

This deal makes Intuit's acquisition of Mint in 2009 for $170 million seem like peanuts.

The Mailchimp deal is 70x bigger; and Mint had ~$30 million in funding.

https://mint.intuit.com/blog/press/intuit-to-acquire-mint-com/

Instead of admitting he was wrong, @APompliano blocks me?

Is this the kind of accountability we can expect from the crypto community?

If you're tweeting in good-faith, tell the truth when you make mistakes.

This "blame the media" trope is incredibly tired.

(it's the same trope used by televangelists and crooked politicians)

The crypto community isn't taking these "pump-and-dump" scams seriously.

They continue to stan for Elon, @litecoin, and other sources that manipulate prices. https://twitter.com/APompliano/status/1437429016223535110

It's ironic to see some crypto heads decry authoritarianism and central authorities...

And yet they want to move to El Salvador and Singapore? 🤔

@wtsnz @levelsio @level09 @aantonop People keep linking to that article, but there’s nothing here: no sources, no methodology, no links to raw data, no peer-reviewed science. (See screenshot from that CoinGeek article)

Contrast that with the University of Cambridge’s page:

https://cbeci.org/cbeci/methodology

Thanks! 🙏

All the episode are available here: http://SaaS.transistor.fm https://twitter.com/MeysamSafari/status/1434638254838587393

@level09 @levelsio Why should I trust this YouTuber’s take over the The University of Cambridge’s research?

https://cbeci.org/

Before we commit to a wholesale, worldwide shift to our economic system, we should ensure we're not committing ourselves untenable energy demands (climate-wise).

Using greener energy sources for crypto also suffers from the "induced demand" problem.

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

Love seeing word-of-mouth referrals like this from new @TransistorFM customers. 🥰

🗣️ "Transistor was recommended to me by a friend who is using it to host their podcast."

Thanks for signing up @assortedgoodspc!

https://transistor.fm/?via=justin

@arithisandthat Happy birthday! 🥳

My advice to my 29 year-old self: keep meeting people outside your bubble; folks who are working on interesting things. Learn from them! Let them show you what’s possible. ✨

Every year, this becomes more salient for me:

🤦‍♂️ "Why am I categorizing this $3.83 expense? And why do I have hundreds of other transactions like it?"

https://twitter.com/catthekin/status/1432831179485495297

A practical example: I used to pay for business lunches / coffee meetings all the time with my business visa.

But... I realized these small transactions end up costing me way more in accounting costs (uploading the receipt, categorizing, reconciling).

I minimize those now.

@microacquire thanks for putting Bootstrappers magazine together.

Reading this article, and it's unclear what "$2 million" means in this context.

Is that $2 million in ARR?

https://bootstrappers.com/this-couple-left-the-rat-race-in-pursuit-of-financial-independence-and-built-a-2-million-startup-in-just-five-years/

“Cleverness is overrated, and heart is underrated.”
— @birbigs

@dr @TransistorFM 80% love

20% magic

BTW - my daughter is doing a little research project on different generations, and how they listen to podcasts.

Gen Z, Millenial, Gen X, Boomer, etc, you can take her survey here:
https://forms.reform.app/pF4xrZ/make-us-better/d9906d

@gilesvangruisen @mattwensing That's not what I've heard. 😬

Why are folks like @dvassallo leaving?

https://twitter.com/dvassallo/status/1412798604985655310

The trend (in my DMs) is that many bootstrapped founders (solo and dual) take about 50% of ARR as founder compensation.

These are high-margin businesses where "people/salaries" are generally the highest costs.

https://twitter.com/LasseRafn/status/1425217487491194891

Anyone who thinks billionaires (like Cuban) will be "good for podcasting" should read my piece here:

"VCs are particularly hungry for there to be a "centralized platform" for podcasting. That desire serves no one but VCs."

https://justinjackson.ca/podcasts-and-capital

@arvidkahl Welcome to Canada 🇨🇦🎉!

We've tried this pricing experiment:

A contract has to be $10k/year for us to go through an actual enterprise sales process (answering security questionnaires, etc).

In the last 24 months we've offered it to dozens of leads. Only 1 wanted to move forward. Still no contract.

Background: @TransistorFM is podcast hosting and analytics.

We mostly serve prosumers (most of our customers are on our $19/month plan).

However, our private podcasting feature gets a lot of attention from larger enterprises (and also costs more).

https://transistor.fm/private-podcast/

Update: @marvindanig just joined with @bubblinapp and @redgooseapp

███░░░░░░░░ 28% towards our goal!

https://goose.red/

Update: @tillkruss just joined with @ObjectCachePro! 🙌

███░░░░░░░░░░ 24% towards are goal!

Update: @BrendanOfEarth just enabled it for https://brightbits.app

█░░░░░░░ 12% towards our goal!

🤘 New @IronMaiden!

https://youtu.be/FhBnW7bZHEE

In a company, the boss generally curates who you work with and sets the tone for the work environment.

In our coworking place, members curate who joins, and we all set the tone.

Even compared to the best companies I’ve worked at, coworking feels decidedly more “free.”

@Shpigford @maybe 👋 @TransistorFM will take any 👽 that know Rails. 😄

Kids born in the 80s: do you remember these clothing brands? 🤣

Chip & Pepper
Bongo Jeans
Hypercolor
Fido Dido
Jordache
Benetton
Vuarnet
No Fear
Esprit
OP

(Which ones did you have?)

The success of your business will depend on whether you’re tapping into a genuine customer desire.

If you “miss the vein” (so to speak) it won’t flow. https://twitter.com/mijustin/status/1402468854261981186

@PelagicDev @marketingdevs @megamaker Started blogging in 2008, podcasting in 2012. That helped me build a reputation, meet people, and grow my network.

The contract came from a company that advertised on my podcast. 👍

Alright. Just ate a sandwich 🥪, and I'm digging into these questions on Reddit.

I'll do this today until 4:30pm Pacific! 🙌

If you have a question (or want to see my answers) go here:
https://www.reddit.com/r/SaaS/comments/nrjsao/im_40_years_old_and_i_finally_bootstrapped_a_saas/

On Twitter, we're also navigating relationship boundaries.

I've met incredible people here, many of whom I "tweet" with regularly.

But... how do we define our relationship? Are we friends? What's the threshold? What expectations should we have for each other?

Third: 🐴

@_rchase_ Wow! Nice work! 👏👏👏

today’s tweets brought to you by peanut butter chex

🎯 https://twitter.com/alphacolin/status/1385310897929744387

TBH, I'm really disappointed with Apple Podcast's new submission process.

Nearly every other platform makes it easy for podcasters to submit their show (with one click) via an API: Spotify, Google, @PodcastAddict, @Breaker, @ListenNotes, @PlayerFM.

Lots of friction on Apple.

There's a total refresh of Apple's Podcast Connect.

Lots of new features: "ability to edit metadata, organize shows into channels, manage multiple users and roles." Looks like new analytics too.

I haven't been able to access it yet. Anyone else have luck?

Well would you look at that https://twitter.com/chriscantino/status/1384212556676427779

(@ljin18, this would be a fascinating piece for the creator economy: how should creators think about getting old, retirement, our 60s, 70s, 80s?

What examples should we be looking to? Older artists, actors, entrepreneurs?)

I think about this all the time!

One challenge for bootstrappers:

Other professions have old-timers who can show us what it’s like to mature, retire, etc.

But, I don’t know too many “internet business people” in their 60s, 70s, 80s. https://twitter.com/geetfun/status/1383992213089095685

@benbarbersmith @VicVijayakumar @panphora @jones_spencera Just a reminder for anyone who starts an indie / bootstrapper podcast:

Ping me and I’ll add you to https://transistor.fm/podcasts-for-bootstrappers/

My working theory is that there is a certain class of entrepreneurs who can make any business “work.”

It makes sense to be strategic about the industry, market, or product category you choose, because that decision will determine the floor and ceiling of your possible upside.

This is true.

As far as parents’ feet are concerned:

Nerf > Lego https://twitter.com/devinhyden/status/1379282918791540736

@_rchase_ @tylertringas @rchase @hostifi @locklin @Twitter I was able to get @megamaker after getting the trademark.

@shl Sure. Ok, but doesn’t your first tweet relate to our present, lived reality?

In a human century, some things will be bubbles, others will prove revolutionary, and others will be fads.

(And, still other phenomena will be none of these things)

Your initial tweet seemed binary.

@shl Lol. Meaning, “in the span of billions of years, smartphones are just a fad?”

I suppose in the “fullness of time” most human artifacts are ultimately meaningfulness. 😄

🎯 agreed. https://twitter.com/cssgareth/status/1367788810369646593

As a founder, you'll need some "unfair advantages" in your market.

If you've been building up skills, reputation, and connections in a category, you have a competitive advantage.

(In the same way that Tony Hawk has a built-in advantage in the skateboard industry)

Going live now to chat about this with @tylertringas.

Join us here: https://twitter.com/i/spaces/1yNGaWqVqNlxj https://twitter.com/indievc/status/1366818479303585794

speaking out for old people everywhere, here is @brittlestar’s Clubhouse anthem.

@mjwhansen That’s been the biggest thing.

My biggest mistake was believing (in my 20s) that I was “right” ideologically, and then holding on to that many years. It gave me self-esteem but at the expense of personal growth.

It caused a lot of emotional, social, relational problems.

My guess is power users are regularly spending 8+ hours a day on Clubhouse.

In investor-speak, Clubhouse’s “user engagement” is off the charts. It’s habit-driven by design.

Investors love engagement, because they can then monetize users’ time and attention.

Another one: @ArlanWasHere and her @Backstage_Cap team just raised $1 million+ on Republic.

https://republic.co/backstage

@breakfastbybill @theandreboso My prediction: Twitter makes it a feature (@TwitterSpaces) and engagement on Clubhouse goes way down.

Eventually... people will get bored of being in live audio rooms all the time.

The feature will persist, but not as hyped as it currently is.

There’s nothing wrong with getting excited about a new platform.

Every growing platform provides opportunities for participants (while the window is open).

Vine is dead, but it launched many careers.

So take advantage of it! (But realize, it probably won’t last forever)

Attributes of the Clubhouse format that could make it difficult to sustain long-term:

- the quality of a room depends on its participants and who gets to speak (difficult to maintain)
- the best live streamers have to commit long hours every day to get engagement (many burn out)

"I will be the President for all people. I will fight as hard for those who didn't support me as those who did."

@driesvints That’s just a regular day for @TransistorFM 😆

@dvassallo @JesperBylund @dr Um, Daniel you said: “what if platforms could ban based on race.”

That’s not an “expressed opinion.”

Lol. Clubhouse also suffers from this problem:

https://twitter.com/jogdenUK/status/1346442437376552962

He’s completely unhinged. https://twitter.com/keithedwards/status/1345796238722129923

Remember when you were happy with Hipchat, but still wanted to switch to Slack because “everyone on Twitter” was using it?

“Everyone’s doing it” is a powerful motivator for consumer behavior.

@dhh Chat app?!

We’ve been looking for a new live-chat widget for @TransistorFM 🤞

@r00k @CasJam @JordanGal Fair.

But my new plan for domination is to just have @ianlandsman on every episode forever. (I have him locked up in my podcast closet right now).

Also planning on improving ratings by removing myself from the podcast.

@myfriendjanine “Just waiting until my options are fully vested”

The best way to be less busy is to commit to doing fewer things.

We should be paying more attention to "brand-based pricing."

In most cases, it's your brand that allows you to charge more.

A good brand can change the perceived value of a product.

"The price of a thing" is determined by a variety of factors, including:

- costs
- supply
- demand
- branding
- competition
- gatekeepers
- govt regulation
- perceived value by customer

@ericosiu @Chikodi @m1guelpf @BWMBmagazine @salehpourlaw @UpasanaRoy18 thanks for joining my first ever Clubhouse chat. 😄

@keithdamiani @adamwathan ☝️ listen to Keith