The Code Killer? ☠️
☕ Good Morning!
Is No-Code, the code killer? In his Medium post, Richard Liu points out that until recently, many accelerators and incubators would only accept startups with technical cofounders or that had an MVP, either of which would often cost thousands of dollars. As can be seen in the overview below by Mario Noioso, No-Code platforms such as Webflow, Airtable and Zapier have changed the landscape radically. Gartner forecasts that these new platforms will account for 65% of all app development by 2024. It makes sense, as they enable “businesses to build practical applications quicker, cheaper, and efficiently.” Although this will impact simple web development, it will also enable experienced developers to build faster prototypes, allowing more time for complex tasks. Read more.
🚀 Make & Grow
Many find it difficult to gain followers on Twitter quickly or understand how to grow on the platform. Jose Rosado summarises his seven simple steps as follows: “lead with value, be authentic, network consciously, have a theme for your account, tweet more frequently, be consistent, and take note of what works for successful accounts.” The key objective as always to build a valuable audience, a community that finds value in what you are doing and saying. Other experts in this area include David Perell, Daniel Vassallo, Matthew Kobach and Jens Lennartsson. All have tweeted/written on this extensively. Read post.
Build once, sell twice
Jack Butcher has announced that he is launching his Productization Playbook on 1st July. The material will walk you through the process of productizing specialised knowledge in service of scaling your income. The training will cost $249. Learn more.
What is good retention?
The latest free issue of Lenny Rachitsky’s newsletter is out. Together with Casey Winters, he analyses what “good and great retention look like, for all types of businesses, with concrete recommendations from 20 of the world's top growth experts.” Read here.
Bootstrapped to $20m in 10 years
Great thread by Paras Chopra on how he bootstrapped VWO to $20m business in 10 years. Covers everything from his early learnings, launching, their first customer, growing to 250+ people, acquiring Navilytics and the future. Read their story.
🖥️ NoCode & Automate
Valuable post with great insights by David Peterson on his recent call with Michael Gill. In the video, Gill explains how he structures and automates his daily newsletter generation process using Airtable as his database, an Airtable Chrome extension for web clippings, Landbot.io for flow text and Zapier + Integromat for automation. In addition to his tips on newsletter publishing generally, he explains how he made his book Maker Minions using Airtable and provides free links to a number of his templates. Read Post.
Tyler Tringas from Earnest Capital shares a post by Jerry Neumann from last year on the taxonomy of moats. The value of a startup partly depends on how easily and quickly competitors can copy them. Therefore entrepreneurs must try and deter competition by creating barriers to entry, otherwise known as moats. In this post, Jerry attempts to categorize the best-known types. Learn more.
If you don’t like it, change it! Matthew Kobach gives some quick advice if something isn’t working for you. He adds that advice isn’t a “one-size-fits-all”, but his comments remind me that one needs to take action when something doesn’t feel right! Take care of each other and see you tomorrow!