Venture capital open letters be like

(if) can generate free cash - generate
(else) raise capital today
like right now
abhi jake sequoia parter ko uthake cheque likhwa

1/23: One #startup trap to avoid (founders and VCs) is to fall in love with a value prop that can’t be delivered IRL now. Good diligence will surface disconnects but they’re often brushed under the rug by #VCs who believe fixing delivery over time will be fine. Unpacked:

2/23: The foundational reason why this matters from day 1 is that building a franchise of loyal customers is difficult for any #startup to pull off but the challenge is amplified if the #startup has to rebuild its franchise as it scales.

3/23: Broken or unfulfilled promises lead to customer behaviors that have real consequences. Poor ratings and reviews. High customer service costs. High complaint volume. Low engagement. High attrition/returns/cancelations. Low organic growth.

4/23: Undoing damage takes time and sometimes is nearly impossible. Convincing inactive customers to “retry” your product isn’t easy. Overcoming bad reviews can be a Herculean task. And resources will be thrown at fixing past sins at the expense of new functionality.

5/23: And guess what happens when #VCs dig into questionable early performance numbers? These conversations tend to revolve around caveats, apologies and synthetic analysis that bakes in significant improvements (many of which are still “unknown” in nature).

Autshumao (AKA Herri die Strandloper [beachcomber]) was a Khoe chief. Around 1630, he agreed to accompany a visiting ship to Bantam in Java where he learnt much about Europeans, including their languages, such as English and Dutch. (1/10)

On 6 April 1652, Jan van Riebeeck was received at the Cape by the Autshumao and his people. In the 8 months after van Riebeeck’s arrival, he built a fort on top of Autshumao’s settlement. (2/10)

This was van Riebeeck’s view of his hosts, recorded in his diary on 13 May 1656: “It won’t do to say they are merely wild savages… For the more they are known, the more impertinent they are found to be…” (3/10)

In 1658, all civil relationships between the Dutch and Khoe had deteriorated and war broke out when Autshumao reclaimed cattle that were unfairly taken from his people by the Dutch. (4/10)

In 1659, after losing this war, he and some followers became the first prisoners on Robben Island. The following year Autshumao and one other prisoner escaped by stealing a rowing boat, which got them to the mainland. (5/10)

There are 5.14 billion Google results for "how to build a startup."

Most are a waste of time.

Here are 5 that are pure gold:

1) Learn from Elon Musk, Mark Zuckerberg and other top entrepreneurs.

Essays, videos and interviews on startup topics including fundraising and growth from the best founders of our

2) Join a community of like-minded entrepreneurs.

Success stories, case studies and camaraderie as hustlers build side projects and MVPs in public, sharing what they

3) Find the right freelancers to get your product off the ground

Graphic designers, software engineers, content creators, marketers and more.

I've hired great people from around the world using this

4) Learn how to market your business

Facebook's Ad library lets you see the ads running for any company in the world.

It's a powerful tool to understand your competition and get ideas on how to position

How to go from $0 to $10K/mo and quit your 9-5.

A thread.

Let's say you have a 9-5

You make anywhere from $40-100K

Not bad

but you hate your Boss

You hate the job

and you KNOW your dream life doesn't include a 9-5 Job

Your goal is to QUIT

I will show you Exactly how

Keep reading

First thing - STAY at your 9-5

for now, at least

You'll quit once you hit $5K/month

If possible, systemize your 9-5 role

Create systems, hire a Phillipino VA

Buy back your time

If you have 3-4 hrs/day at your 9-5

to build your own Business

it's VERY powerful

OK, Step 1 - REFLECT

Assess yourself

Ask

"what am I good at?"

"what am I passionate about?"

"what kind of life do I want?"

"where do I have leverage?"

"where do I have connections?"

answer these Q's

Step 2 - PICK NICHE

Marketing is the industry I rec getting into

Pick one of these 👇

NICHES
- Paid Ads
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- Twitter Marketing
- Influencer Marketing