#buildinpublic is the latest trend in the startup world. Building in public is about sharing your vision, the perspective of the problem, solution (either the product or service), and most importantly, failures.
If you read Amazon's shareholders letter, you will agree that Jeff Bezos pioneered the model of "Build In Public."
In 1997, he declared, "this is day 1 for the internet" and went on to describe how personalization will impact commerce. Technology is still shaping personalization, but Bezos talked about this in 1997.
In 2007, he talked about his "product." He explains how Kindle is different from a physical book. He goes to every detail to sell his product.
Jim Collins, the management guru, talked about the concept of the flywheel to Amazon's executives. Jeff Bezos applied his insights and created a moat for Amazon. In 2014, he wrote about the Amazon flywheel.
In 2016, he shared how teams in Amazon make high-velocity, high-quality decisions at Amazon. Speed matters in business. Bezos shares how they achieve that speed.
If you are a creator, small business owner, or an executive, you can benefit immensely from Amazon's shareholder letters. Download them for free and read them. Importantly, follow Jeff Bezos' model. Share your vision. Tell us why you care so much about the problem you are solving and what unique perspective you bring in with your solution. Build-in public. Attract dollars and supporters.
You can read the full article in my blog