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π‘ Entrepreneurial Insight
The thing you are personally good at is often the thing your company will struggle to scale, because you keep getting involved.
Based on Ben Chestnut's story with Mailchimp, bootstrapping it from 0 to $12 Billion Exit.
βοΈ Balance Hack
Keep a notepad next to you. Every time you have the urge to research something random (e.g., "how is the stock from Alphabet doing?", "is my old friend still running his company?"), write it down instead of opening a new tab. Look them all up at the end of the day.
Inspired by Cal Newport's 'Deep Work' philosophy on scheduling distraction.
π Challenge
Take one core concept from your favorite hobby (e.g., intervals from running, composition from photography, wave selection from surfing) and creatively apply it to solve one business problem this week.
Inspired by the principles in David Epstein's bestselling book 'Range: How Generalists Triumph in a Specialized World'β
β¨ Recommendation
How to know which marketing channel to focus on? And how to gain traction?
- Define your marketing goal (e.g., 10 new customers).
- Brainstorm one idea for every potential channel.
- Rank them by potential.
- Launch experiments with a clear metric and a hard deadline.
- If significant traction isn't achieved in the timeframe, pivot the channel or your product - depending on user feedback.
- Repeat step 1.
Based on the insights from 7-figure bootstrapped founder Pierre de Wulf & the traction framework from DuckDuckGo founder Gabriel Weinberg.β
β Question for you to ask another Entrepreneur
If you had to fire yourself as the CEO today, what would be the primary reason stated in your termination letter?