Ocean, Profit, Micro, MVP, Basecamp
Good morning everyone! To kick off the day, I found this heart-lifting Tweet shared by Gregory Bufithis, showing dolphins swimming and somersaulting off the Gozo coastline in Malta. As one would easily guess, the reclaimed peacefulness and clarity of the oceans fills them with joy. Have a great day!
🌐 Ideas, Trends
“Profitability isn’t this crazy, elusive thing. It’s literally more achievable than a Series A round. It’s way more achievable than a Series B round”. This is what Bryce Roberts points out in another great article on Techcrunch, explaining that there is more to building a startup than purely raising venture capital. This is how every bootstrapped Maker should think, build and ship! Read the full article here.
Dru Riley delivers another punchy Trends Report, this time on Micro Private Equity, who focus on buying businesses valued at or under $5m. Great roundup of key players, predictions, opportunities, and resources. Really loving these weekly insights!
🌐 Build, Launch, Monetise
Ok, two quick Tweets, which should be etched into the mind of all Makers, and Hackers. The first is from Michael Gill with five simple yet critical steps to the product cycle.
And Tyler Tringas gives us a visual guide to the MVP strategy. Don’t aim to build a Rolls Royce with all the bells and whistle, start off with a Mini, or in this case a skateboard 😉
Channing Allen has put together another great post on Indie Hackers on the NoCode movement, questioning their revenue potential. From a quick poll he did, 70% of actual No-Coders said they wanted to build a business. The obstacle for most is that they do not build proprietary software products themselves. Instead, they use other software products to build their product, for example by implementing Webflow, Zapier, Memberstack, and Airtable. Despite this, they have been able to build thriving and innovative businesses generating MRR. Read the full post here.
🌐 Events & Podcasts
Marc Köhlbrugge captures the key takeaways from this great interview with Jason Fried of Basecamp dating from last year. The company launched in February 2004 with 45 accounts by year-end, reached 100,000 accounts by 2006, and currently counts 3.3 million accounts. An amazing journey! Watch the YouTube video here.
Not much to add to Mike Maples's Tweet below. What a happy and content looking puppy. Have a great evening everyone!
