Proof of Work: How Indie Founders Build Defensible Businesses — The Bootstrapped Founder 257

Today, it's getting personal. And then, we get defensive. Or rather, defensible.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Dear founder,

If you send any email for your business, my conversation with email and marketing wizard Brennan Dunn this week is for you.

Brennan teaches a masterclass in personalized marketing, and he shares how he sets up his own funnels and analytics systems. It's really insightful. Check it out on The Bootstrapped Founder.

I was recently talking to several indie founders about how cloneable their businesses are. Many of them have had to deal with copycats and have since developed methods of either engaging with them or not engaging at all, which is the more common response. They usually keep track of clones and copycats to ensure their property rights aren’t infringed on, but besides that, they’d rather focus on building a sustainable business than chasing copycat ghosts.

These founders trust that even when people clone their products, they have the upper hand. So, what exactly makes their businesses so unique and defensible?

What are their moats? How many moats do we have as indie hackers?

We certainly don’t have a financial moat or have access to massive funding sources. We certainly also don’t have media attention.

I can count on one hand the number of indie hackers I’ve ever seen mentioned in the mainstream media. Louis Pereira, the creator of the tool AudioPen, is one of the few indie hackers I’ve seen on any media outlet, which for the most of us means that we have no PR machine to defend our businesses. So, what makes our businesses defensible?

It turns out it’s not the product. It’s the founder.

Distribution, the way we distribute our work, makes a significant difference and is one of the only ways we can actively and reliably defend our business. And distribution, for indie hackers, starts with their personal brand and presence in the communities of their target audience.

When you’re chasing your first few customers, you have very little to show for. But if you’re known to contribute to an existing community, having left traces of your ambition and curiosity before, people will be much more willing to listen. They’ll listen because they trust you to be honest with them — and that trust is earned through showing up and doing the work.

Distribution is a kind of “proof of work” because the only thing you can’t automate away or fake in software engineering and indie hacking is distribution—reaching people’s minds.

Distribution is not just about putting products on a platform or having them available in an app store. It’s about mindshare. It’s the willingness of other people to choose our product above the competition. And for that, they need to know about it.

As an indie hacker, playing the long game by building authentic relationships with people is crucial. It’s been at the very core of all my efforts over the last few years, and it has paid off handsomely.

The most meaningful things happen when I have a true connection with someone. With every interaction, I aim to build a win-win relationship, benefiting from my association with them just as much as they benefit from their association with me. That’s how I got people on my podcast whom I wouldn’t even have dreamt of talking to a few years ago. But they have agreed to show up on my show because I have showed up all around them for years.

One of the tools I've been using to be present in my community is TweetHunter, the sponsor of this issue.

Having a presence on X (formerly Twitter) is vital for founders and indie hackers. It certainly is for me, because it's where I learn, chat, and sell.

The downside? Doing it well requires time and dedication. And here’s where this week’s sponsor comes in: Tweet Hunter is the All-in-One, AI-powered tool for X.

With it, you’ll be able to 👇

  • Write faster & better content with AI-driven writing and inspiration (which I really appreciate because it speeds up getting my ideas into a well-received shape)

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Identify leads, get their data, and start building relationships that lead to more opportunities with our CRM.

With Tweet Hunter, you’ll be able to leverage the power of X as a platform by investing way less time in it, so you can focus on what matters the most: building. Or writing. Or whatever else is actually creating value for your audience.

Join 6000+ founders, makers, and creators and try Tweet Hunter now for free!


“Proof of work”, taken from the crypto world, means consistently and reliably creating things that other people find useful and offering them for free. Sharing your work is the distribution of your thoughts and ideas, which becomes more valuable over time. By having distribution through real connections with real people, you find amplifiers — the folks who can’t stop talking you up to their friends and peers.

As an indie hacker, you don’t have much money or many resources to put your products in front of people. But by being present in conversations, contributing to communities, and helping people on their own path to success, you create a (very truthful) perception of caring more about their wins over time than your immediate needs. This ultimately enables a recommendation-based distribution of products.

Imagine helping ten people every day. A month or two from now, someone you helped today will have accomplished something because of your support. By helping others, you create the opportunity for eventual reciprocity. You give over the long term, and trickle-down effects happen along the way. The results usually are delayed, but by helping hundreds of people, the potential for one or two of them giving back in a meaningful way is extremely high.

The fact that the people you help today will —at some point in the future— talk kindly about your assistance is significant. They will always mention the person who helped them when they needed it. If every week you find two or three new people who talk about you in every potential situation, in a year, you have an army of 50 to 100 people consistently talking you up to their friends and peers.

I want my content, ideas, and selfless involvement in other people’s work to stand out in public.

I want this to be my proof of work, not just for the products I create but for my work in and for the community. I celebrate and empower other more than I talk about my books or my courses. My focus is on shining a light on other entrepreneurs. I know that eventually, it will be my turn to receive their support.

This is the kind of distribution that unlocks entrepreneurial success.

Classifieds

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I'm doing Twitter teardowns — so good that Rob Walling gave me a shoutout for them. 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.

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

Pet Rock Projects (And Why They… Rock) — The Bootstrapped Founder 255

Friday, September 29, 2023

Pet Rock? More like Pet THE ROCK Johnson. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Focusing on Customer Retention Features — The Bootstrapped Founder 253

Friday, September 22, 2023

Should you build that feature or not? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

What I Learned From 250 Podcast Episodes — The Bootstrapped Founder 251

Sunday, September 17, 2023

The 3 biggest lessons from 250 episodes. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Avoiding the Entrepreneurial Planning Trap — The Bootstrapped Founder 249

Friday, September 8, 2023

How to scope your MVP, what revenue to seek, and finding validation. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

You’re Not “Too Late” — The Bootstrapped Founder 247

Friday, September 1, 2023

Competition isn't scary. It's validation. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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