first time founder: “we’re a two sided marketplace for…”
second time founder: “I made this thing that saves you time / makes you money. Here’s how you pay me for it.”
I like to fund & grow businesses. 👋🏻
I’ve invested in 1,000+ founders, started/failed a few biz & I’m currently bootstrapping to $40M annual rev (& beyond).
I’m starting a video podcast on business, investing & *real* tactics for both.
Hit reply, what do you want to know?
I know we’re supposed to celebrate the wins… but I’ll never understand why post-money valuation is what all these funded co’s celebrate publicly & privately.
YTD, we’ve helped 3,147,678 expecting or current moms. With no outside funding. Can we get a RT/share, at least? 🤣
first time founder: “we’re a two sided marketplace for…”
second time founder: “I made this thing that saves you time / makes you money. Here’s how you pay me for it.”
I’m 40 now.
Every bad (professional) decision I’ve made happened when I prioritized money.
(Stop doing that, Paul. Kthx.)
Focus on fun and profit, in that order. And optimize for long term over short term. Always.
There’s your career advice, right there.
my best advice for bootstrappers? don’t be romantic about how you make money: transactions.
make a google analytics dashboard highlighting total transactions for the day. then make it the default on your browser. then do nothing but things that might move that number.
KISS, yo.
99% of the reason we’ve built Bump Health to $40M+ in annual rev (& 2x‘d every year) *without* outside funding is so other founders know it’s possible – and perfectly ok — to do the same. 🚀
That last 1% is to poke the investor-backed co’s into buying out their investors. 👀🔥
so… I’m hiring… a lot. and I hope you’ll retweet this or slide into my DMs.
if you’re a seasoned pro or hungry, ambitious and wanting to learn, I want to talk to you.
bonus points if you’re frustrated with the women’s health space.
a thread… 👇🏻
@myfriendjanine
bootstrapped to $40m, been 2x'ing rev annually for the last 4+ years, team's grown to 100+, been adding more business lines... yada yada.
we've never focused on getting attention... but i'm starting to realize that we could 100X our recruiting if we did. 🚀
brand: "beauty through confidence!"
brand: "we empower women!"
brand: "we're woman-owned!"
founder's husband: "this girl... is not that cute." Skull
the internet: "say goodbye... to everything."
#avalaneboutique
🚨I’m recruiting, DM me or (please) pass this along! 🚨
tldr:
1.head of growth
2.head of content
3.we’re profitable, growing ($40M+ & 2x’ing annually) & privately held (i’m the only investor) — we’re building something massive.
a thread… 👇🏼
So… Baby Singh
#4
is here!
@danaduncanDC
and I would love to introduce you to Grant Jack Singh! He was born on Sept 24, 2022 weighing 6lb 2oz and 20” in length.
Mom made it all look so easy and is recovering well. Dad’s not sure if we’re ever going to be done with diapers.
unsure what to build?
look for existing company, >10 years old, in the space that you love. Then imagine what it would look like:
1. w/ deep understanding of today’s tech.
2. w/ deep understanding of today’s digitally native consumers.
3. w/o legacy baggage or stakeholders.
🚀
I’m 41 and every bad (professional) decision I’ve made happened when I prioritized money. (Stop doing that, Paul. Kthx.)
Focus on fun and profit, in that order. And optimize for long term over short term. Always.
There’s your career advice, right there.
i've been lucky enough to get in on the seed / early rounds of ~30 unicorns (& hundreds of other successes) over the past few years.
but tomorrow (thurs), something's launching that may just make them look like rounding errors.
posting this for the trolls... & for the memories.
What would improve your local economy more?
One employer with 5,000 employees? Or 5,000 citizens with a side hustle?
I’m looking at you, economic developers.
Bump Health provides centralized access to capital, infrastructure & (soon) brand.
As we continue to build/buy additional business units, that centralized structure becomes a no-brainer for anyone building in adjacent spaces to us.
But first, some context…🧵👇🏻
first time founder: “we’re a two sided marketplace for…”
second time founder: “I made this thing that saves you time / makes you money. Here’s how you pay me for it.”
most growth problems are focus problems: your growth isn't stalled because you're not doing enough.
you're not growing because you're not doing the right thing.
answer this question in no more than 3 bullet points: "what needs to happen to 10X [key metric]?"
then do it.
I don't know who needs to hear this... but, if you're serious about growing your business (or your career), you shouldn't be taking advice from people that haven't done it recently.
Hear me out... 👇🏼
@harryhurst
I’m conversational during hiring too. My favorite question is always at the end:
“ok, I’m not taking notes anymore. based on everything you know about the company and the role, what do your first 30/60/90 days look like? there are no wrong answers, I want to see how you think.”
I don’t think people realize just how easy it is to dominate an existing markets.
Be:
1. 5% faster
2. 5% smarter (via code/tech)
3. 5% less greedy
…and you’ll eat the incumbent’s lunch… usually before they even realize you exist.
source: doing it, can confirm it works.
I'm not sure if I missed the memo or if
@agazdecki
doesn't want this to be a thing... but I use
@microacquire
to keep an eye out for businesses I can buy / roll-in to Bump Health.
It's the modern day Corp Dev tool. Get on there.
unsure what to build?
look for existing company, >10 years old, in the space that you love. Then imagine what it would look like:
1. w/ deep understanding of today’s tech.
2. w/ deep understanding of today’s digitally native consumers.
3. w/o legacy baggage or stakeholders.
🚀
E-commerce people think the retail space is dying.
The big retailers think e-commerce is “just” a channel.
Both sides think the other is dying “soon.”
Both sides have players with 11 figure valuations. Neither side will go away any time soon.
Do with that what you will.
if you sell anything online and you’re not using Google Optimize (for, obviously, testing) + Lucky Orange (to record / replay sessions visually), now you know.
those two tools are the most powerful tools that no one openly discusses. (you’re welcome, btw.)
late night thought: the ability to properly pack & unpack a vehicle for a family roadtrip is an undervalued dad skill.
do it wrong, the entire family will let you know about it… forever. do it right, the family will never mention it.
i see you, dads.
The arc of your career in one tweet:
1. Get *really* good at something.
2. Manage other people that are getting *really* good at that same thing.
3. Learn to communicate, inspire and integrate *across* larger teams.
That’s it. That’s the arc.
There are two phases to any company:
1. Will it work?
2. How big could it be?
Most people spend too much time on the second and nowhere near enough time on the first.
I don’t think people realize just how easy it is to dominate an existing markets.
Be:
1. 5% faster
2. 5% smarter (via code/tech)
3. 5% less greedy
…and you’ll eat the incumbent’s lunch… usually before they even realize you exist.
source: doing it, can confirm it works.