The TinySeed Millionaire Rate is 43%.
Definition: Of @tinyseedfund companies no longer in operation (sold OR shut down), 43% of those founders are now millionaires.π°
This % will obviously change over time. It's still early, and the numbers are still small (~2% of companies have shut down. ~4% have sold).
But this is yet another reminder of how resilient and insanely valuable SaaS companies are.
Personally, I find this number incredible. Much higher than I would have expected, and it brings me nothing but joy knowing the lives that have been changed through entrepreneurship.
(cc @einarvollset)
π Idea to Traction is out today π₯
It's the book I wish I'd had before I wasted months building things nobody wanted. Everything from finding an idea worth pursuing to landing your first paying customers, rewritten for a world where AI can build your product in a weekend.
AI can build your product. It can't tell you if anyone will pay for it.
Thank you to everyone who pre-ordered. It hit #1 New Release before it was even out. π
It's available in hardcover, Kindle, and on Audible, narrated by me. If you've heard the podcast, you know exactly what you're in for. My same dulcet tones and a lack of interruptions from Einar. ποΈ
π₯ Last call: the pre-order bonuses are still open until midnight Eastern tonight. Buy the hardcover today and you get:
β The ebook or audiobook free
β Four tools from the book to find and validate your next idea
Links below π
In this episode of @startupspod I talk about how AI has changed the early-stage startup landscape.
And I love the quote from @earthlingworks I reference in this video about how you can build without talking to any potential customers and you will build the worst possible version of your product.
You can build a product in a day now.
That doesnβt mean anyone wants it.
This week, @RobWalling talks about his new book, Idea to Traction, and why every repeat founder he knows still talks to customers before writing a line of code.
Ep 858 π
https://t.co/3ciWXOVaQr
The SaaS Institute has grown faster than our coaching bench, so weβre hiring!
Weβre looking for coaches who help founders scale from 7 to 8 figures, through hiring, building a leadership team, and figuring out what matters most.
Part-time and remote. We bring the clients, you coach. https://t.co/1CTTjWzcr3
π Huge thank you to everyone who pre-ordered Idea to Traction.
It doesn't come out until next week, and it's already the #1 New Release in its category on Amazon. π₯
If you haven't grabbed a copy yet, there are 3 days left to get the pre-order bonuses. Pre-order the hardcover and you get:
π The ebook or audiobook free
ποΈ A live Q&A with me next week
π Four worksheets covering topics from the book
Link below π