Any ecom people out there who manufacture their products in house?
I own a wood products brand and we do all of the manufacturing, personalization, and fulfillment in house and I think it would be cool to connect with people in the game who are doing the same.
My conversation with @JasonFried, co-founder of @37signals.
0:00 Build Products for Yourself
1:40 Low Costs, Small Company, Enough Customers
3:06 Your Only Competition Is Your Costs
5:25 How 37signals Stays Lean
9:43 Rewriting Basecamp & Fighting Software Bloat
13:42 Why "Enough" Beats Growth
17:44 Product People vs. Business Shells
22:41 The "So What?" Mindset
27:45 Staying Close to Customers
34:43 The Reward for Good Work Is More Work
39:57 Six-Week Horizons & Compounding Decisions
45:20 Anti-Fragile Business With Tiny Units
50:55 Galápagos Product Design
52:44 Radical Authenticity Over Marketing Tricks
1:27:39 Rick Rubin & Intuition-Driven Building
1:42:25 Lightning in a Bottle & Knowing When to Stop
1:50:29 Defining Success: Pride in the Work
1:53:58 Independence Through Profitability
1:59:23 When Tech Adds Friction Instead of Value
2:04:11 Ruthless Editing & What Never Changes
2:08:14 Longevity as the Moat
2:17:28 Building by Intuition
Includes paid partnerships.
@thesamparr Have been a long time listener of MFM. You have been nothing but genuine and you’ve helped a ton of entrepreneurs with your content. I’ve learned a lot from you and Shaan. Keep it up!
The virtuous cycle of passion:
1) Passion leads to a disproportionate amount of time working on the thing
2) That work translates to skill
3) As skill improves, results start to show up
4) When results show up, you enjoy it more
5) When you enjoy it, you have more passion for it
If you want to start an ecom brand in 2024 here is my advice:
Dont
Ecom is very hard.
You need two pieces to both work:
- The cashflow of physical products
- the attention to sell the product.
If you HAVE to get into ecom, build an audience.
Solve the attention problem first
The most value comes from doing something no one else can do, or no one else has thought of, in a way that is hard for other people to copy. If you try to be just like everyone else, and do just what they’re doing, you will maybe do ok but certainly not great.
met a super interesting dude a couple weeks back.
philosophical asf. DEEP thinker.
instantly knew he’d make a fucking fantastic entrepreneur.
instead, he’s stuck crunching numbers for CEOs all day.
and it gave me a harsh realization…
once you’re in the corporate rat race, there’s no way out.
this dude lives in nyc with MINIMUM $6k/mo living expenses.
like, how tf do u leave ur job? do u start something on the side? homie works 8am-8pm every day.
makes me feel super blessed for the position i’m in.
my advice: break out as early as u can.
If you’re going to do high-level creative work, you have to accept the messiness of your initial creations, knowing that excellence is born from the sisters of patience and iteration.
The second you start condemning young and fragile ideas, you’re toast.
“Rarer than talent or work ethic is the ability to stick it out, to prevail, to step into and push through doubts and uncertainties and terrors and periods of wanting to quit.”
Love it @bpoppenheimer
Just found out today that Velcro is a company and not the generic term for the product category.
What are some other examples of this?
A few come to mind for me:
Band-Aid
Sharpie
Chapstick
Jet Ski