The future of building startups:
- MVP speed (1x per month)
- AI-accelerated
- Superniche is the new niche
- Community 1st, software 2nd
- No-code 1st, some code 2nd
- 10x more automated
- Global teams, localized products
- 95% dominated by solopreneurs and microentrepreneurs (teams less than 12)
- Pop-up digital experiences (apps that only work on certain times)
- Needs the marketing holy-trinity to hit escape velocity: 1. product/market fit, 2. content/market fit and 3. community/market fit
- Team is half robots 🤖, half humans 👨🦰 (cc @youneedarobot)
- Accelerated by "boring marketing" (cc @boringmarketer)
- Multiple revenue streams
- Design matters. The bar is high
- Partnered w/ creators (creators are the distribution)
- Feels like a game (levels, status, badges, in-app currency, challenges, collectibles/items)
- Purpose-driven moonshots: societal impact matters
- Productized agencies to generate cashflow (ex design agency @DispatchDesign)
- Product studios become the norm
- 99% of MVPs won't need VC
In 1960, Random House founder Bennett Cerf bet Dr. Seuss $50 that he couldn’t write a best selling book using only 50 different words.
That year, he published Green Eggs and Ham, using just 50 words. It has sold over 10 million copies worldwide.
Constraints breed creativity.
@MTNza what’s your fraud number? Just had someone phone me trying to impersonate MTN support staff, asking for an OTP. This is fraud that is happening within your organisation. How do I report this number?
I am bald. This is not news nor a secret.
How effective would you be at selling me hair care products? Do you think you'd be successful?
That's what it's like when you try to sell services where a client doesn't see a need.
Find out what is valuable first. This is how you sell.
Humans have the amazing ability to cooperate in very large numbers because we are able to create, spread and believe in fictional stories. Money is one example of this, as discussed on the Pitchfork Economics podcast.