BC STARTUPS
Saved by @Davidtldr

💥How I monetized my skill and made over $3300 in 12 months with almost no Twitter following and my plans to make $ 33 K in 2021 (10X) ?

A thread 👇

 1. 🔥 Work hard & achieve something substantial in life. Then teach others who want to achieve the same thing.

The more grander your achievement, the grander is the reward to teach.

I made the mid-career transition to product management and teach the same to many aspiring PMs
2. It's easy to think that you know less, because your role models are ahead of you.

🧠But there is always something that you know, which others don't know.

Remind yourself of how far you have climbed in the ladder of knowledge.

Many people minimize their existing knowledge.
3. Cohort based courses (CBC) are magical. Because it enables you to price it reasonably yet scale it to a batch of 15 in a cohort.

I will write a separate thread on the power of running CBCs.
4. Teach with the intent to serve. 🙏

My participants know that I deeply care to give them massive value. I am always looking to give them 10X value of the price they paid me.

I trust they are going to be spreading the word 🗣️ about the course to their network.
5. Focus on your niche, and double down on it. Two niches that I worked very hard in last 3 years :

1) Success Coaching

2) Product Management
6. Pick your niche that is in complete alignment to your hierarchy of values.

You can't become great at something that is not in congruent with your hierarchy of values.

🔥Your niche is something that fires you up & you can work all alone passionately even without being paid.
7. Show evidence to the world of the hard work you are putting in your niche. It takes years to win admiration of the world. With success coaching, I have been interviewing the best in the world for over 3 years. Watch my interview with @RobbieCrab : https://t.co/buVt74XQlR
With product management, I have been interviewing eminent product leaders for over 7 years https://t.co/mKR2TzGksU
Hard work wins audience. There's a lot of fluff on Twitter. Don't fall prey to fluff. 👊Commit to hard work and flaunt it.
8. 🌀Begin by experimenting. Offer something small and reasonable to your target audience. This is the stage to test out your ideas. Seek continuous feedback from your early adopters.
9. Once you prove a problem/solution fit, plan to go up the value chain. 💰💰💰 My grand plan is to move from 3.3K to 33K next year by catering to more premium clients - a mastermind for first time millionaires. More on that in a few weeks.
10. My underlying message is to have unbounded hunger🔥 to grow and have limitless ambition 🚀. There should not be anyone around you who is more hungry or ambitious than you. That's the fountainhead of all success.
11. 🔥I spew fire on success principles and summaries on power books in my newsletter. You are missing pure value if you don't subscribe: https://t.co/p9ozbPZuXB
12. Here's a bonus gift for you all. Anyone who retweets this thread, gets my best selling ebook, How to Find Worthy Mentors of $ 13 for free: https://t.co/aJtyXUTjzp

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Guilherme Rizzo
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@gvrizzo
Let's talk about defining a price for one-time payment products.

When I saw that @gumroad supported Pay What You Want, I had no doubt that this would be the pricing strategy for CSS Scan.

I'd always recommend PWYW with a minimum price instead of a fixed pricing. Why? [...]

It turns out that some people just value your product more than others!

👉 With PWYW you're not only receiving the value that you expected but also donations for a good work.

Plus, with a minimum price, you'll at least earn the same amount you were supposed to if it was fixed.

💡 You only need 1 person paying more to already make it worth.

It's not easy, though. CSS Scan started at $1.99. It was selling like water, so I raised the price to $2.99, and after that, $3.99 - in about 3 days.

❗️ What I didn't expect was that 30% of people were paying more!

I realized that the price could still be higher by looking at the average of the sales prices. E.g., when it was $3.99, the average price of it was actually at $4.69!

I left it at $3.99 for 3 months. Based on the $4.69 average, 1 week ago I decided to raise it again to $4.99.

🧐 Now let's look at the data!

📈 Previous conversion rate: 6,5%
📉 Current conversion rate: 5,7%

It received 1403 views this month. Doing math:
(1403*6,5%)*3,99 = $363
(1403*5,7%)*4,99 = $399

🤔 So there's actually a growth in revenue
⬆️ $363 to $399
🎉 +$36 or +10% per month
STARTUPS
Corey Haines \U0001f4a1
Corey Haines 💡...
@coreyhainesco
Just finished @ryanckulp’s new course “How to Buy, Grow, and Sell Small Companies”

https://t.co/wcX0zFXHgL

Here are some main takeaways + my verdict 👇

(1) Acquisition is the easiest path to entrepreneurship

Don’t have an idea? You don’t have to have one. Buy one.

Don’t know how to code? You don’t have to. Use revenue to outsource development.

Don’t have money? You don’t have to have any. Bring in an equity partner. Leverage a debt from family/friends, tech lender, or even the seller.

Capital is not an excuse.

(2) Acquiring has a few distinct advantages to building

Namely:
- Validated demand
- Leverage debt/equity partners
- Focus on going from 1-10, not 0-1

Validate demand:

Acquiring a business that has paying customers saves you the time and energy you would have spent trying to figure out if there was demand for it in the first place.

Acquiring skips that step altogether.
STARTUPS
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Andrew Chen
Andrew Chen
@andrewchen
1/ new essay: What's next for marketplace startups? Reinventing the $10 trillion service economy, that's what. Co-authored with @ljin18 https://t.co/fgKbrHTnH5. A short thread 👇

2/ Marketplace startups have done incredibly well over the first few decades of the internet, reinventing the way we shop for goods, but have been less successful services. It's bc services are complex, subjective, fragmented, and often in real life. Makes it hard

3/ There's been 4 major eras at making the service economy work online. The Listings Era, the unbundled Craiglist era, the Uber for X era, and the Managed Marketplace era


4/ Each era has added more value than the last, and utilized technology innovations, from internet to social / "read/write web" to mobile. The "Unbundling Craigslist" era was particularly epic at generating startup ideas


5/ The problem is, all the low-hanging fruit has been picked off. The techniques that got us to here won't get us to the next phase. So we have to do some pretty different things. That's why "Managed Marketplaces" have been a big deal - hire folks as W-2s, certify quality, etc.
STARTUPS
Logan Herzog
Logan Herzog
@logansherzog
1/ I recently read about Adjacent User Theory and, despite it being focused on expanding existing users. thought there were some great takeaways about prospecting.

2/ General concept is that just beyond your existing users are groups of potential users who would better adopt your product if it were positioned differently. As you expand your positioning, you convert under-engaged users.

In outbound sales it's the same.

3/ Too many startups try too hard to guess their exact prospect profile. This is necessary to find their first successful customer profile, but beyond that, identifying new types of prospects should be more formulaic.

4/ Here's how I've done it to identify 12 different successful prospect profiles in a few months:

- Use the 80/20 rule: 20% of the leads you reach out to should fall outside of your current core prospect profile.

5/ Priority should be on profiles with only 1-2 differences from the current core. Perhaps a slightly different pain point, but not dramatically different.
STARTUPS
L \U0001f93a
L 🤺
@SomeBitchIKnew
Random, but it seems that @DanCrenshawTX is a member of a group founded by Klaus Schwab, who is the architect of the "Great Reset" initiative. https://t.co/4FcAwqw7PQ


Other members include Pete Buttigieg, Tulsi Gabbard, and a whole slew of other politicians.


You've also got Alexander Soros, David Rothschild, Mark Zuckerberg, and Alicia Garza, among many many others.


Some of their ambitions include something resembling the Green New Deal.


And working with the UN to find entrepreneurial opportunities for refugees in other countries.
STARTUPS

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THREAD: The following tweets are for the purposes of stories that will appear in Sunday Times Daily. The videos and images depicted may be upsetting but are deemed to be in the public interest. This is the story of the Ayanda "Borhey" Mtila as far as we were able to verify it.


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Jaya_Upadhyaya
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KANIPAKAM VINAYAKA, CHITOOR (AP)
#bharatmandir

Kani means wetland and Pakam means flow of water into wetland.
Kanipakam Vinayaka is swayambhu (self-manifested). The murti is in a well which is always full of water.


Once, there were three brothers. Each one had a handicap- Dumb, Deaf and Blind. They had a small piece of land for livelihood. For their field, they drew water from a well. One day, they found that the well had dried up so one of them started digging in the well.


His tool hit something and blood oozed out. They found a swayambhu murti of Ganesha here.
Villagers started offering coconut water which overflew into a channel. Hence the name Kanipakam.


The murti is still growing in size. At present, we see the knees and the abdomen only. The Kavacham (Armour) offered to Vinayaka 50 years ago doesn’t fit today.
Vinayaka is believed to be the upholder of truth. So people come here and swear before him to prove their innocence.
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Vibhu Vashisth
Vibhu Vashisth
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Did you know?
Ahilyabai Holkar was one of India's
greatest women rulers of all time.

Ahilyabai was Born on May 31,1725 in the village of Chondi,Jamkhed distt,Maharashtra to a man named Mankoji Shinde,who was the Patil(Chief) of a village and a member of proud Dhangar Community.


Despite the fact that girls' education was a farther dream in those days, Ahilyabai was homeschooled by her father.
Ahilya didn't belong to any royal family but in a twist of fate she is still remembered as one of the most revered Queen in the history.


While they were living their humdrum lives, one day Malhar Rao Holkar, commander of the Peshwa Bajirao & Lord of the Malwa stopped in Chondi on his way to Pune, where he couldn't help but notice a young 8yrs old Ahilyabai in the temple service feeding the poor & hungry.

He was so impressed by the sheer innocence&beauty with simplicity character of Ahilyabai dat he asked her hand in marriage for his son Khanderao Holkar.Just like that she got married to Khanderao in 1733 at a tender age of 8&became a bride of esteemed Maratha community of Holkars

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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
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Neyyattinkara Krishna Kshetram
#Thiruvananthapuram
#KeralaTemples 🚩

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Sthala Puranam says that, Anizham Thirunal Marthanda Varma was surrounded by his enemies, Ettuveettil Pillamar, while he was near the place where Temple is situated now. The king prayed to Padmanabhaswamy to protect him.  At that time, a small boy was seen there and he


advised the king to hide himself inside the hollow trunk of a jack fruit tree. The king was surprised to find a small boy in the forest, but agreed to the advice
Thus he was saved from the attack. When the enemies left, king tried to know about the boy, but he couldn't.


He believed that it was krishna himself who saved his life. A temple was built here, which is the present Neyyattinkara Krishna Kshetram. The jack fruit tree where  the king hid himself is now known as Ammachi Plavu. Ashtami Rohini, Vishu are very famous here

Hare Krishna
🙏🕉🙏
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Jaya_Upadhyaya
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@Jayalko1
SRI KALAHASTI KSHETRAM, CHITTOOR (AP)
#bharatmandir

Panchbhootasthalam representing vayu element, also called Dakshin Kailasha.
As per Shiva’s boon, Vayu is incarnated here as Shiva and worshipped as Kalahasteeswara.
The kshetram is also associated with Rahu and Ketu.


The Kshetram is named after 3 devotees of Shiva- a snake, spider and elephant who worshipped a lingam in the forest. Elephant did jal abhishek with water from its trunk, spider protected it from dust by weaving a web on it and snake adorned it with his jewel.
@GunduHuDuGa


Once, the web and jewel got washed away when elephant sprayed water on the lingam. Angered snake entered elephant’s trunk and bit him but died in the process. The agitated elephant trampled the spider accidentally. Shiva gave moksha to all three.


Hence the name-Sri for Spider, kaal for snake n hasti for elephant.

Shiv bhakt Kanappa is said to have plucked his own eye to put it on the lingam here when he saw blood oozing from the eye on the lingam
This place is the ultimate location for Rahu Kethu Sarpa Dosha Nivarana.
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