Good Morning, and welcome to Tuesday’s installment of SpringUp Stories. Today, the topic revolves around building and growing, terms every Maker loves!
Source: Unsplash, by Ryan Quintal
I have a few interesting tweets and links lined up below and hope they will be insightful for your ideation and strategic brainstorming.
🌐 Newsbites
To kick off the day, Marc Andreessen recently published an article on the a16z website, titled “It’s Time To Build”. As you will see in the responses to Naval’s tweet below, this is a thought-provoking piece, which will be viewed differently around the world. Read full article here.
🌐 Maker Stories
Good post by Channing Allen at Indie Hackers on how one-person startups or solo makers are dealing with the economic shock to their businesses. Some are seeing good growth despite the downturn, while others, such as those dependent on ad revenue have seen a dip. But in contrast to bigger startups with large overheads, their low-cost setup (no office & no staff) lets them get through the crisis in much better shape. Read the full post here.
🌐 Build, Launch, Monetise
Indie Hackers Growth Bites is a brilliant resource for learning first-hand from other Makers the methods and strategies they used to grow their businesses. Advice covers everything from conversion rate optimization, word-of-mouth growth, onboarding process, beta users, signup perks and much much more. Visit the Growth Bites page here.
Below, Hacker Noon tweeted a good article written by Noel Lorenz on the crucial topic “Why You Should Always Build A MVP First”. Definitely worthwhile reading for every Maker about to build his next project. Read the full post here.
Daniel Vassallo tweeted a good recommendation for any Maker starting out. Break down your targets and the mountain you need to surpass will become lower and manageable. 7 sales of $39 per day sounds much more achievable than $100K per year! Great advice 🚀
Lastly a poignant recommendation for all startups from Tyler Tringas at Earnest Capital. If you’re building an (SaaS) app, separate the marketing website from the app development and place it on a CMS anyone in the company can learn to manage and adapt quickly, such as Wordpress or Webflow. You will thank yourself later! I also suggest you check out Tyler’s website, good posts and SaaS resources.
🌐 Events
Next Friday, indievc is hosting a live conversation on the different funding options available to startups. I mentioned some of the funding structures provided by bootstrap funds in yesterday’s newsletter. Great opportunity to learn more about this topic. Sign up for the free webinar here.
And in the words of the great Alfred Hitchcock, a very good evening to you all!
Source: Giphy