One of the most unique new startups from Y Combinator this year is Yenmo, the company building better financial solutions for India!
Meet co-founder Ashutosh-- in just 60 seconds!
“A genuine intention to solve a problem” is the best startup strategy you can have.
Do not lose sight of the intention behind your service, as you scale up.
@Jason
"No interest is still a level of interest. I have all these prospects exactly where I want them, and I'm going to easily make 7 figures in commissions this year"
Logical fallacies can really mess you up!
It’s common to face all sorts of flawed logic in our everyday lives.
I find, that by studying them closely, you can improve your thinking & reasoning skills.
Here are 9 of the worst fallacies I’ve come across: 🧵
"Bitcoin just crashed 5% in an hour. I've never seen a pullback this strong in all my years investing in crypto. The entire market could collapse at any moment"
-Jace, age 14, bought 0.00047 BTC yesterday
5. Optimizing workspace for productivity, focus & creativity - The Huberman Lab Podcast
On
@hubermanlab
Andrew D. Huberman, Ph.D. dives into increasing productivity & focus through rearranging environment, leveraging body posture & tools to help.
Master the art of delegation.
Founders and managers can easily get trapped in the 'do it yourself' mindset. This is only going to limit your growth.
If you aim high, then learn to trust your team and delegate tasks accordingly.
Did you know that Red Bull is NOT an energy drink company?
The multi billion dollar company is nothing but an Austrian marketing company.
Here's the story of how a Thai business owner & an Austrian marketer developed the world-renowned energy drink, Red Bull🧵
Tried & tested steps towards building your audience:
- Launch it & share the journey
@twitter
- Find a relevant community
@ProductHunt
@Reddit
- Interact & share valuable content
- Linkbuilding - guest post on recognised blogs
- Cold outreach via email/
@LinkedIn
- Keep creating
@AdamSinger
Floral sales manager: "If this department can hit a 90% sell-through rate of our flowers today, each of you will earn a $1.3 million, one-off bonus"
The best marketing strategy for startups is to stay consistent.
Whether you're interacting with your audience via Twitter, using link building and SEO, or simply focussing on customer satisfaction & getting those referrals, whatever your focus is, STAY CONSISTENT.
I saw a chart by
@BrettFromDJ
on his startup Designjoy’s progress curve & it inspired me to write a piece on Startup J Curves - The non-linear path to their success!
Startups go through 6 crucial steps in their path to success!
Let’s have a look at the breakdown. 🧵
2. How to get rich building boring businesses with Codie Sanchez - The Room Where It Happens
@_trwih
@gregisenberg
&
@SahilBloom
talks to the founder of Contrarian Thinking
@Codie_Sanchez
talking about her journey of buying & selling over 60 businesses
@RobertMSterling
The same logic holds across various sectors. It's high time we pivot from obsessing over immediate gains for shareholders to focusing on crafting value that stands the test of time.
1. Bootstrapping a small agency into a billion $ business empire - My First Million
@myfirstmilpod
@ShaanVP
&
@thesamparr
talk about the pros & cons of starting an agency & hash out hiring & delegating processes with Andrew Wilkinson (
@awilkinson
).
Hiring tech talent is no easy game.
A lot of my clients who are bootstrapped founders from non-technical backgrounds, have approached me with projects ruined by freelance devs they've hired via online platforms.
Lesson 1 - Do not hire non-vetted talent
Lesson 2 - Ask for help!
With another year drawing to a close, I’ve been taking stock of all the Twitter accounts I value for their enriching and insightful content.
Here’s my list of top contenders in no particular order:
🧵
(Highly recommend you follow them if you aren’t already doing so!)
Al Caan had already left a lucrative job in finance to give bootstrapping a chance once before.
That startup failed.
While most would give up, Al knew that his next idea was a homerun.
Here's his story... 🧵
@RobertMSterling
A generous billionaire just offered to donate $500 million towards the cost of the new bridge
This project is going to move along quickly!
4. Meta, FB, Insta & the Metaverse with Mark Zuckerberg - Lex Fridman Podcast
On this episode Mark
@finkd
& Lex
@lexfridman
go deep into discussing the Metaverse, security, censorship & the meaning of life among much more.
I don't agree with David's views (nor should anyone have to), but attacking his portfolio companies and LPs is borderline cancel culture.
Different opinions are normal; disagreement doesn't justify targeting someone's professional relationships.
Here’s a pretty outrageous example. I’m confident that our portfolio companies believe we are helpful, so PG is just making things up. Clearly some of the vitriol is related to my politics.
If you constantly scan Twitter for high-value content with real substance, there are a few people here you shouldn’t miss.
Here are my top 5 account suggestions for the week:
🧵
The housing market is finally crashing
Last year, this house cost 20 Bitcoin
This year, it only costs 5 Bitcoin
That's a 75% crash in value. Buckle up.
Nassim Taleb’s
@nntaleb
work on Antifragile is in my opinion, ground-breaking.
Whether you use it as a life philosophy or as the backbone of the organization you’re building, there’s so much you can take away from it.
Here are my most valued takeaways from the book:🧵
Take the hint.
Learn to pivot your startup if the market calls for it.
Don't keep fighting for your brilliant idea if you can't get anyone from your audience to validate it.
I just learned how Alex Soros became a billionaire by age 38:
- Cold showers each morning at 3am
- Journaled his goals every day
- Stands to inherit $6 billion from his dad, George Soros
George Soros heir, Alex Soros, delivers breathless temper tantrum about Trump in front of Davos elite:
"One man, Donald Trump, literally came in and just took that, took that, took that all away. Ehm, you know so, ehm, you know so, ehm, you know."