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$4,000 ARR in 4 days since launch - a how-to

https://twitter.com/chddaniel/status/1434100099529986051
submitted this linkon September 5, 2021
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    Hi IH, despite the tongue-in-cheekiness of:

    • Calling it ARR prematurely
    • The short thread

    I genuinely believe in building distribution before building product. Or at least starting to work on both from day 1.

    The #1 example is MS Teams → Slack. But there are so many other examples — Apple Music and Spotify, so so many Google products

    Yes, a mediocre product can win. Yes, some other times the better product wins, or the 'product does the marketing'. But most of the time, I feel like that's... too risky? Or at least, let me put it this way: I find building distribution less risky

    Balancing distribution and product (50-50) is also the less risky way to go, IMO

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      Cool product!

      Curious about the banding - Legit Check by Ch, what’s the Ch?

      Seems redundant :)

      Edit: I’m seeing it’s your first name? My two sense Legit Check sounds great on its own

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        You're not wrong - but legit check is a saying from the culture, in the world of sneakers/streetwear/high-end designer/etc

        So LC by itself would be like calling a car company 'Car' — by Ch is optional, most of the time

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          Gotcha. Suppose I was getting thrown off not knowing Ch was your name.

          Best of luck!

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      This comment was deleted 4 years ago

  2. 2

    Yeh, I feel this. 12 months on a product, 2 followers on Twitter, 150 members on Telegram.. 1 paying user, maybe 30/40 visits/day on the site. All because I don't have an audience and haven't built one.

    Any advice on building an audience on Twitter? I feel like there is so much noise it's hard to be heard at all (could just be the crypto space on there). Do I need to be making posts every 10 minutes like some accounts? I don't know whether to invest into it and still have 2 followers in a few months.

    Either way, fully agree with the sentiment of this post. I don't think I will ever build anything again without a sizeable audience ready, it's just not worth it.

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      Counterintuitively, I think Twitter is rarely the place to go for SaaS founders — but it all depends on what you're trying to do, and what your SaaS is doing

      Thing is: you can be follower-rich and MRR-poor — that's not a combo worth having, because it's not a lesson you learn FAST.

      No sir - you'll have sunk a year or so, by the time you learn it. I've heard this thing once - what happens on Twitter is not a reflection of what happens in real life

      I think Twitter is a good place to amplify any success you've had. See my post above. And that's anyway if you want a personal brand, and if you personal brand brings any utility to your business. It might not

      No, I don't think you should post every 10 minutes. Maybe a schedule helps, but I'm not into that. The good thing is that you can skyrocket from nothing

      To finally answer your question: the shortest way is this. Look at what your competition (especially bigger competition) is doing to acquire users. Use similarweb. That's a time shortcut for you

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        SimilarWeb has improved a great deal since I last used it! Thanks for the shout!

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        Appreciate the response. I'm only going off the many crypto based services which have built large followings on there. Of course, I have no idea how that contributes to their bottom line.

        My competition appear to be running giveaways on Twitter for retweets/likes to create a viral feedback loop. Who knows. I think I need to get creative with all my marketing efforts, to be honest.

        Problem with crypto is most advertising platforms have shut it down so I have no choice but to go organic. Which I suppose is a good thing in the long-term. I would have liked that initial targeted paid traffic, though.

        Thanks for the feedback!

  3. 1

    But if you launch a MVP, you'd want to validate the idea and the product, so you'd only be looking for a few good users to give feedback.
    How do you validate your product idea? What's the process?

  4. 1

    yea a product alone is rarely good enough