2. Spend money on experiences:
Experiences make life rich by creating memories to look back on
You won’t remember which phone you owned 10 years ago
But you’ll remember that trek you went for with your partner
Spend money on deep and meaningful experiences
I've launched over 10 startups in the past 10 years.
Here's how to get your startup off the ground in 15 days
It will be intense, but doable.
Let me show you exactly how 🧵
4. Chase fulfillment, not a success:
There’s no bigger failure than a successful person who’s not happy.
Happiness should not be contingent upon success.
3. Remind yourself that you’ll die:
Steve Jobs once said that mortality was the greatest tool that he used to make big choices in life.
All pride and fear of failure fade away in the face of death.
2/ Study partner
Type “learn”
Then paste a link to your online textbook (or individual chapters).
Ask Chatbot to provide questions based on your textbook.
Boom.
Now you have a virtual study buddy.
The "easiest" way to start making $300K/yr is to buy a SaaS business
I've made millions doing this.
In this thread, you will learn how to make your first $300K👇
No income, race, or geography privilege here.
Alakh Pandey built a $1 BILLION startup on YouTube from a small impoverished village.
Here's his underdog story:
6. Spend time with your loved ones:
If you’re 20+, you’ve already spent most of the time that you’ll ever spend with your loved ones.
Take time out for your family and your closest friends.
Don’t miss that Thanksgiving Dinner with them.
Work can wait.
Remembering that you’ll die one day is a refreshing way of filtering out the non-important things in life
Reminders of mortality will make you more open to experience.
5. Follow your dreams:
This might sound like a cliche but doing what you truly want is one of the most powerful driving forces in life
Life is too short to live someone else’s life and be bitter.
1. Don’t collect things:
A couple of years ago Elon Musk decided to sell his physical possessions.
Elon explained by saying that his possessions were weighing him down.
Owning things comes at a price.
10. Don’t regret:
Life is forgiving
Don’t live in anguish regretting your past actions or inactions
Every new week is like an empty page that you can write a new story on
Move on from yesterday and look forward to tomorrow
This kid made $1M+ in just 4 months by selling pixels on a website.
7 years later he built a $2B meditation company.
The guy you probably know, the story you don't 👇
Happiness is an internal choice that drives fulfillment irrespective of success or failure.
Fulfillment is a state of being. Success is merely an outcome.
Netflix Director Mike Cessario sold $130M worth of water last year.
His company Liquid Death is dominating the water industry with edgy branding and masterful storytelling
Here's how it grew to a $700 valuation overnight
Financially, possessions weigh us down in the form of debt. Emotionally, they weigh us down in the form of attachment.
So don’t collect things. They harm your quality of life
7. Don’t wait:
We live life as though we’ll always be here
We put off climbing that mountain, writing that book, or going on that trip of a lifetime with our friends
Choose your platforms wisely, and always remember if they can give it, they can take it…
If you like this thread follow me at
@jspeiser
for more startup stories, real estate, and investing…
ChatGPT will do to Google what Google did to YellowPages.
True or unnecessary panic?
If you’re in any of these industries, here’s what you need to know:
8. Eat Healthly:
Our bodies have not been designed for a life of excess
So it’s natural for us to be overwhelmed by the abundance of sugar and fat around us
But to avoid sickness and stay energized, eat healthy
Stop eating just before you start feeling full
3/ Train YOUR OWN Chatbot
I bet you didn’t know it’s possible to:
1. Integrate ChatGPT into your website
2. Train it with customized information
The result:
A virtual customer service bot that can hold a conversation and answer questions (meaningfully).
You get the benefit of instant access to millions, and fast growth.
But can you ever truly sleep well at night knowing at any time it can all be taken away with just a simple algorithm change?
Let this be a cautionary tale to every startup founder out there.
The most practical way to make $1M:
Buy a SaaS business and flip it for 4X in 12 months.
I’ve done this multiple times.
My exact 5 step blueprint on flipping SaaS businesses for millions 🧵
Follow these steps
They’re designed to add life to your years
I recently read:
"Life is short. Time is fast. No replay. No rewind. So enjoy every moment as it comes.
If you found this motivating, please retweet & pay it forward - and don't forget to follow me
@jspeiser
Hurrying prevents us from doing our best and creates a void that can’t be filled
Life isn’t a race. It’s a slow climb. Take one step at a time and enjoy each one.
5/ Coding
ChatGPT is opening the development of:
• Apps
• Games
• Websites
To virtually everyone.
It’s a lengthy and technical process,
But all you need is a killer idea and the right prompts.
Bonus: It also de-bugs your existing code for you.
One conscious habit that happy people cultivate is to have a bias toward action
Make a list of things you MOST want to do and be impatient about doing them
Years later, as an angel-investor I watch countless startups build their businesses on Shopify apps, Amazon, Instagram, TikTok, Google apps, etc.
Sends chills down my spine.
It’s a very sharp double edged sword.
7/ Craft all your marketing materials
Type “learn” and paste any existing copy (landing page, articles, etc).
Then ask it to generate:
• Ads
• Blog posts
• Email templates
• Landing page copy
• Social media posts / captions
They’re not perfect, but make great templates.
I've built 10+ startups & sold several for millions.
Here are 13 dirty inside secret tools I use to steal from competitors that most first-time entrepreneurs don't know:
I've always been a fan of Buffett, but after years and years of this bull run I slowly lost touch with his deep-value methodology.
This 1 quote, I stumbled upon late Saturday night, made me reevaluate my entire equities strategy.
"If I was running $1 million today...
🧵
1/ Substitute for google search
While ChatGPT is:
• Lacking info beyond 2021
• Occasionally incorrect and bias
Many users leverage its ability to:
• Answer specific questions
• Simplify complicated topics
All with an added bonus - No ads!
ChatGPT has opened up a ton of unknowns.
But 1 thing is for certain.
Those who understand how to enter the right prompts will get the most out of this groundbreaking tech.
8/ Creative writing
ChatGPT is revolutionizing creativity.
It can write:
• Poems
• Story plotlines
• Music and lyrics
• Scripts for movies, youtube, Tiktok, etc.
It can even write your wedding vows.
Just don’t tell the mrs…
6/ Outline your content marketing strategy
As an example,
I’ve asked Chatbot for an AI SaaS content strategy.
It’s fairly basic,
But you can ask Chat to extrapolate on each point until you’ve got a detailed roadmap.
Most startups die because they don't know how to get users
Here are 4 customer acquisition flywheels that I've used to build 10 startups
Get your first 500 customers in 90 days using these
ChatGPT can save you thousands of $ this year.
IF you know the right way to use it.
Here’s 8 time draining tasks you can outsource to this FREE virtual assistant:
Our high-level contacts at FB said Zuck didn’t like the fluffy content we were producing and he wanted to be taken more seriously.
He wanted the country to respect Facebook and get their actual news there (previously it was family/friends updates, feel-good viral content).
I watched helplessly as 90% of our organic traffic from Facebook dried up.
Their only feedback to us was that this is the new focus FB wants, hard hitting news, and opinion pieces, and if we wanted more traffic we would have to pay for it through sponsored ads.
4/ Counsellor
When it comes to turbulent personal questions,
Chatbot may spit out a disclaimer.
But it will also give you straightforward and actionable advice.
Why we didn’t diversify the business sooner?
It seems so obvious, don’t put all your eggs in one basket.
Unfortunately at the time, there weren’t any real alternatives.
Paid yielded a 10-20% margin, while organic 90%. Without the flow of those eyeballs we couldn’t afford our 100+ staff, NYC lease, or live video studios. It was a death sentence.
This a good sales letter from Polywork
1. Here's your problem
2. Here's why solving it is hard
3. Here's our solution
4. Here's who it's worked for
5. Here's why it works
Insult to injury was the timing.
LittleThings was under a $100m LOI with a large European acquirer and about 2 weeks away from closing.
This material change in the business was enough to spook them (rightfully so), and force us to settle for a significantly lower offer.
Why YC startups outperform to the tune of $600 Billion Dollars?
Here are 12 priceless pieces of content from Y Combinator that every founder must consume.
GPT-4 can build you an iPhone app, a functioning site from a hand-written note, and even prepare your taxes.
It cleared the BAR Exam, GRE, LSAT, & every other competitive exam better than most of us.
Here's everything that's happening 🧵
We were already spending close to $4m a month on ads, so they just assumed we would spend more to feed our team, unfortunately the margin on paid vs organic was dramatic.
We were never able to grow the alternative channels big enough to balance out the insanely large amount of views FB was sending.
We were addicted to the FB volume of traffic and no other source could move the needle.
An immigrant went from selling fruits to building the 2nd largest bank in the US with assets over $3.2 TRILLION dollars.
He is also responsible for financing the Golden Gate Bridge & the early success of Disney
The story of A.P. Giannini, the definition of the American Dream 👇
We tried for years to diversify by pushing hard into OTT, email, Pinterest, and Youtube.
Snapchat was still too young for our demo, and TikTok didn’t even exist yet.
Then, in Feb of 2018 the algorithm had a major shift. Now, we had been through tons of algo changes before, so this didn’t worry us at first, but something was different. Very different.
We became masters at harnessing Facebook’s newsfeed with feel-good articles, videos, and stories.
At our peek we hit:
20MM social media followers
40MM Comscore monthly uniques
15M live programming views per month
900M/video views per month
We built the business on the backs of Facebook, drinking from their firehose of eyeballs. Our growth was outstanding, and our traffic and video views skyrocketed beyond Buzzfeed, ABC, CNN, HuffPo, and Fox.
Facebook constantly hosted us at their HQ, even profiled LittleThings at their F8 conference on how to build a media company. Things couldn’t have been going any better.
In early 2018 LittleThings, a female focused feel good entertainment company was pushing $75m+ a year in revenue, had 110 amazingly creative employees, and a fledgling OTT streaming channel.
From a YouTuber to making $230M in online car auctions.
This guy is the most-watched car reviewer in the US with 5.5M+ subscribers.
He is a columnist, an author and now an entrepreneur.
The story of the most unconventional automotive guru 🧵
17 Steps to Source & Flip a SAAS business in <18 months
#1
Go to any App Store (Shopify, Chrome, Salesforce, etc).
#2
Find a category you are interested in, for me it was email (mail merge, tracking, analytics, etc)
a 🧵...
In 2020, these guys built the world's first virtual Adtech platform.
In 2021, they sold it for $17.5M
They went from idea to selling the company in only 10 months during the lockdown.
The most insane 0 → 1 story 🧵
From weekend project to $140M in ARR,
Zapier is one of the biggest SaaS success stories
I’ve broken down their growth playbook so you can build the next Zapier (or something 1/10th as big 😉:
$5M revenue in 12 months with $0 funding.
Met his co-founder on Reddit.
Used his own SaaS to grow to 10,000 clients in the saturated email space!
The most unconventional BOOTSTRAPPED company in town🧵