The Bad Kind of Attention — The Bootstrapped Founder 235

Short-term growth tactics will destroy your long-term prospects.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Dear founder,

I was talking to Jason Cohen this week. He's the co-founder of the hosting unicorn WP Engine, and he shared his story from bootstrapping a software business to reaching the point where his business needed its own building.

We touched upon all kinds of topics: getting funding, not getting funding, exiting, starting new businesses, and why we shouldn't get too emotional about our competitors.

Check it out on The Bootstrapped Founder.

One thing we also talked about was Jason's hilarious Twitter bio: "Keyword, buzzword, half-truth, adjective, hey look at me!" Jason is acutely aware of the kind of attention he wants to receive (and project) on Twitter.

Attention!

It feels like attention has become a currency of its own right in our digital economy. Where the eyeballs go, the wallets follow.

Naturally, we all want a slice of that attention pie. We all want an audience, be it readers, followers, customers, or supporters. And we want their attention. We would do a lot to get it.

And quite reliably, this makes us do things that ultimately sabotage our efforts.

Today, let’s discuss the pitfalls of gaining attention on social media the wrong way.

Near-Sightedness

Many strategies can grab people’s attention, but not all are effective for long-term engagement. The kinds of things we can do to ramp up a lot of short-term visibility end up working against our long-term goals: they don’t foster sustainable connections with your followers.

Chasing virality is one of the most common attention mirages: we try coming up with the funniest and most quotable phrases, hoping for thousands of likes and retweets. Many Twitter users have seen quite an influx of new followers after “striking gold” with a viral tweet.

And then, their followers all turn their backs on them over the next few days and weeks. Audience growth is a net negative. The reason why people followed you was an outlier, a lucky guess at what grabbed their attention. They came for more but got something else: a few more feeble attempts at recreating that one lucky tweet.

The people that follow you for a viral tweet are very different from those who follow you for the sustained efforts you put into building and empowering a community around you. A viral tweet attracts short-term gain-seekers. A public history of having shown up every day for months and months attracts long-term thinkers. And those are the ones that will stick with you — they are the ones that will introduce new opportunities into your journey.

Transaction Complete

And those opportunities tend to be delayed. Trusting someone enough to share a new product or service with your friends takes a while. Trust is slowly built and quickly lost.

One common mistake that audience-builders make is relying on transactional attention. Here, people interact with you expecting a return interaction—quid pro quo.

And there’s nothing wrong with transacting with people online. Some degree of transactionality exists in all human relationships—like buying something from a store— but it shouldn’t dominate your interactions online. We’re not limited to short time windows where we want our customers to fill their carts to the brim with our wares. We don’t need people to buy as much as possible while in our store. Our store is the whole internet. And people don’t just spend five minutes there. They’ll be back.

What matters more than average cart size is people coming back for more. More insights, more help, and, one day, more purchases.

I’m not saying you shouldn’t sell things. A successful connection combines transactional aspects with relationship-building efforts. You must provide something valuable to create loyal customers who recommend your brand and contribute to its growth over time. But you don’t need to shove it down their throats. That’s not a trust-building exercise. In fact, it erodes all sense of you wanting to actually build a connection.

Many founders and creators fall into the trap of focusing on immediate gains due to their measurability. This leads Twitter audience-builders to run giveaways every week. And they seem to work: they attract a lot of attention. But it’s —yet again— attention of a poisonous kind: giveaway participants tend to be interested only in potential winnings rather than genuinely interested in your brand or products. They come for the free MacBook, not your personal brand.

Just because it’s easy to track conversions doesn’t make it a long-term strategy that fosters relations beyond the sale.

Another pitfall is offering things for free too often. Just like making things cheaper, throwing your work out here for free attracts followers who believe to deserve valuable items without cost. It shouldn’t be surprising that these people rarely convert into paying customers down the line.

When you’re followed by people who only want “free,” they will invite more people who think that way. And, more importantly, they will voice their expectations. They will resent having to pay money whenever you talk about compensation, and their dissent will be widely noticeable.

This is not the kind of reply you want to invite into the activity feeds of your followers.

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Tonal Differences

Generally, you need to be careful about curating the conversational tone in your feed.

What goes around, comes around. Or, as we Germans say, “Wie man in den Wald hineinruft, so schallt es heraus” — whatever you yell into the forest will be reflected back at you.

Avoid negative sentiment attention.

That’s surprisingly easy: don’t be negative. Polarizing opinions invite negativity or vitriol onto your feed. This tends to attract people who are inclined toward argumentative exchanges.

You know who I’m talking about: trolls.

And even worse, this can repel potential positive-minded followers. I personally mute people who are “too edgy” and constantly stir up controversy in their feeds. I just don’t want that stuff crossing my path.

Do you know what I like to read? Stories of struggle, overcoming the odds, empowerment, and kindness. That’s the stuff I want to see and will interact with. And by doing that, I surround myself with people who think the same way.

Aim for relational attention focused on long-term relationship building. Be kind, be inviting, and seek value-based attention that recognizes the worth of what you offer. Look for positive conversations that project hopefulness and kindness around your personal brand.

Remember that everything you say or do influences how social media algorithms show content to users and, ultimately, whether they choose to follow or engage with you over time. Building lasting relationships lies at the heart of audience development efforts. Understanding what kind of attention surrounds your personal brand becomes crucial. You have control over what you say and whom you attract.

So do that intentionally.

It turns out that most of the “wrong” kind of attention comes from a misalignment between your long-term goals and people’s short-term interest. Keep that in mind when you talk about yourself and your work on social media.

Be the person you want your followers to be.

Classifieds


Rob Walling shouted out my teardowns this week:

And yes: I'm still doing Twitter teardowns. For $100 (parity pricing enabled), I record a 15min video going through your Twitter profile, pointing out what keeps you from gaining more of the right followers more easily. Strategic mistakes, low-hanging fruits to immediately change, and confusing copy: I'll find it all and tell you about it. Learn more about the teardowns and watch a real free example video here.


I want to highlight a newsletter that I read almost religiously: Alts.co. They highlight alternative assets, investments outside the traditional realm. I loved their episode on Game Trading Cards, or investing in Wine and Whisky. Even Micro SaaS made it in there! Every week, I get introduced to something I never knew I could invest in. Interested?

Another platform I regularly use is Skillshare. Not only do I consume lots of courses there; I am an instructor on the platform as well. Get a free month of Skillshare Explore: thousands of hands-on creative classes with one membership. I learned photography with that — and even though 90% of my photos are of my dog, they are GOOD photos of my dog. Just saying.

Thank you for reading this week's edition of The Bootstrapped Founder. Did you enjoy it? If so, please spread the word and share this issue on Twitter.

If you want to reach thousands of creators, makers, and dreamers, you can apply to sponsor an episode of this newsletter.

If you're interested in bootstrapping a business, grab a copy of Zero to Sold.

If you want to build a business from within your community, read The Embedded Entrepreneur.

If you want to build a Twitter audience, check out Find your Following.

You can find me on Twitter at @arvidkahl.

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Older messages

Entrepreneurship isn't genetic. It’s memetic. — The Bootstrapped Founder 233

Sunday, July 16, 2023

Nature or nurture? It turns out most founders share one particular kind of early-life experience. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Responding Fast to Customers — A Good Idea? — The Bootstrapped Founder 231

Friday, July 7, 2023

I used to think I need to respond to customer service messages in under 30sec. Not anymore. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Utility, Pricing, and Entrepreneurship — The Bootstrapped Founder 229

Friday, June 30, 2023

Are you building a Swiss Army knife? Or is it a Chef's knife? And which one is better? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Self-Censorship on Twitter — The Bootstrapped Founder 227

Friday, June 23, 2023

Should I say this? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

3 Low Hanging Fruit to Massively Improve Your Twitter Presence — The Bootstrapped Founder 225

Tuesday, June 20, 2023

Most Twitter user completely misunderstand what their profile is for. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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