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How Three Founders Created a Profitable Business That They Haven't Even Launched Yet with Ben Orenstein of Tuple

Episode #096

When Ben Orenstein (@r00k) decided he wanted to start a company, the biggest risk in his mind was a hurdle he'd already cleared: not deciding to start in the first place. In this episode we talk about the early days: how Ben met his two co-founders, came up with an idea, sold over $8000 in pre-sales, and grew revenue to ramen profitability, all before launching their product.

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    My Main Takeaways:

    • Work a day job that you love: Ben worked at thoughtbot and he really enjoyed it, he learned a lot of valuable lessons related to designing and developing a product while working there. He then eventually wanted to start his own business.
    • Save money: Ben saved money while working, this enabled him to quit his job and work on whatever he wanted to work on. Courtland also did the same thing, Courtland saved up 1.5 years worth of money to live off while he worked full time on side projects.
    • Go out and meet people, network: Ben met his first co-founder Joel through a singing organisation that they both attended. Ben met his second co-founder Spencer, through Joel.
    • Successful relationships require an element of luck: People change over time and you never know whether you will grow apart over time or if you’ll remain on the same page forever.
    • Start building an audience: How? Be useful on the internet. Ben had built an audience over time by the time he launched his business “Tuple”.
    • Consistency > Perfection: It’s more important to stay consistent than it is to be perfect. The key to consistency is to really enjoy what you do and being able to stick to it long term.
    • When reaching out to people for advice, offer to pay for their time: When you offer to pay for a busy person’s time just to ask for some advice, they feel like you respect their time, so often times they will not charge you anything at all, and just be glad to help such a respectful person.
    • Do pre-sales as validation: Ben pre-sold about $8,000 worth of the software before it was built in order to validate it.
    • Identify gaps in the market.
    • A product idea is not a business idea: You need to find a way to turn your product into a viable business.
    • Test different pricing strategies: Ben didn’t know how much to charge people so he just tested different pricing strategies. He is still testing pricing.
    • As an Indie Bootstrapper, create a more personal connection with your customer: If you can facilitate a more personal connection with your customers they will be more happy to help you out (by doing things like sharing your product with friends). People like to buy from people.
    • A lot of people feel bad about not doing the things that they think they should be doing: For example, Ben feels bad for not testing out multiple marketing channels. Courtland says that internally at Stripe, they feel bad for not doing certain things. This is a common feeling.
    • Build an email list: Ben and his team have built an email list of 5,000 people (at the time of this interview) for Tuple. This list is where they get “beta testers” from. They roll out new features to small subsets of users in this mailing list to minimise the blast radius in case of bugs.
    • Minimise the amount of friction required to make the first sale: If there is too much friction you may miss out on customers.
    • For maximum feedback make direct sales, don’t have self-service: With direct sales you can hear customer objections in real time and overcome them. With self-service sales you cannot.
    • Do things that don’t scale: Only automate processes once you’ve mastered them and they’ve become annoying.
    • Build products and learn from any failures: Ben has launched a lot of products before Tuple (products at thoughtbot, products on retreats with friends, side-projects, etc). He has made a lot of mistakes but the lessons he learned, he applies to Tuple.
    • Charge more: Developers tend to undercharge for their products. Don’t make this mistake, and charge more.
    • Your grades aren’t that big of a deal: Ben was kicked out of college because his grades were too low, but this started his journey of self-discovery and self-improvement. He went from working as a bartender, to getting a better job every year and ending up as a Software Developer, now Startup Founder.
    • Do things that feel right to you.
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    Hi Ben! Enjoyed the podcast. I know you from Thoughtbot and I have been enjoying your tutorials from there. I recently switched to using Vim and your Upcase tutorials with Chris Toomey on the same have been extremely helpful! All the best with Tuple

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    What software does @r00k use for handling email? I'm curious, he mentions on minute 32 sending the social media share request via email.

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    Thanks a lot for this interview. I got many great ideas from you :)

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    Regarding doing good things, according to stackoverflow I've impacted 848k people. https://stackoverflow.com/users/366817/sashang