FiveMinuteFounder - [FMF #77] the anti-A/B-test framework

Hi friend,

You know what really kills bootstrapped businesses?

Lack of momentum.

If you don't build and maintain momentum in your business, then it's only a matter of time before you run out of money, time, or motivation.

And you know what kills momentum like nothing else?

Spending your time and energy on tasks and decisions that don't really move the needle.

You know, the kind of decision you might be tempted to A/B test.

Now don't get me wrong... A/B tests are great when used properly.

But - in the first 18 months of your business - they're almost never a good use of your time...

  • ... you won't have enough data to get a significant result quickly
     
  • ... just the very fact that it's a close enough decision to A/B test means that it isn't worth spending time on right now


So what should you do instead?

Well, I don't know the solution. But here's my solution...

Today, I want to share my anti-A/B-test framework with you.

It's a quick, easy way to kickstart your momentum by guaranteeing you focus only on the important decisions.

First though, my top three interesting links of the week:



⭐ A space opened up again for my Social Proof Workshop this August (someone booked and then realised they're on holiday). It's first come first served!

⭐ The first ever 'listener questions' episode of my Sales for Founders podcast went live this week. I answer questions on sales mindset, cold outreach, positioning and more.

⭐ Want free advertising for your SaaS product? HelpFounders will match you up with podcasters - for free - to get you a free shoutout.



Right. Let's jump in...

Here's the anti-A/B-test framework:
 

anti-ab-test-framework

You can use it to keep momentum high and avoid falling into the trap of spending time and energy on 'low importance' decisions.

It's perfect when you're facing a decision/task where...
 

  • ... there are 2+ options
     
  • ... neither is the 'obvious' winner
     
  • ... getting the decision wrong can't ruin your business overnight

And it really works.

I'm the kind of nerd who loves agonising over marketing copy and design.

So I use this framework to help me focus down fast on only the really important decisions when I'm building a new business.

Give it a try - you'll be surprised how much wasted time and energy it can save you too!
 


Have thoughts, feedback or a question?

I'd love to hear what you have to say. Come join the conversation on Twitter...
 
twitter link



That's all for this week.

Stay safe and healthy out there 🤗

Louis



PS: Had a win or hit a roadblock this week? I'd love to hear about it!

Shoot me a reply 
👋
 
Copyright © 2020 FiveMinuteFounder, All rights reserved.
You are receiving this email because you opted in via our website.

Our mailing address is:
FiveMinuteFounder
Solibodenstrasse 12
Bulach 8180
Switzerland

Add us to your address book


Want to change how you receive these emails?
You can or .

Email Marketing Powered by Mailchimp

Older messages

[FMF #76] actionable awareness levels

Monday, June 29, 2020

Hi friend, Long time no speak! Here's a quick reminder of who I am and why I'm in your inbox: I'm Louis from FiveMinuteFounder, and you signed up because you wanted... ... a piece of

[Article 1] and a personal challenge inside...

Monday, May 4, 2020

Welcome to FiveMinuteFounder.com I have a challenge for you. But first, I want you to think about how much time you have spent listening to podcasts, reading articles/books and watching videos on how

You Might Also Like

🚀 Master Outbound with Chris Marin – Join Us Live! 📬

Thursday, November 21, 2024

[Webinar] Tips to Boost Meetings & Build Sales Pipelines with Email Outreach 📬 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

[CEI] Chrome Extension Ideas #167

Thursday, November 21, 2024

ideas for Non-Gamblers, Gamers, Twitter, and AI ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

[SaaS Club] How a Tiny Team Bootstrapped a $6M SaaS

Thursday, November 21, 2024

The SaaS Club Newsletter Hey Reader Here's a quick round up of what's been going on at SaaS Club: In this week's newsletter: 🎙️ How Missive grew to $6M ARR with no VC help. 🚀 A smart way to

🗞 What's New: OpenAI's o1 is now available to all paid API users

Thursday, November 21, 2024

Also: How AI is reshaping the global workforce ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Make Your Social Media Work Smarter, Not Harder, With AI 📲

Thursday, November 21, 2024

Keeping up with social media can feel like running on a never-ending treadmill. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

150 days for the rest of your life

Thursday, November 21, 2024

Before we jump in: Every founder knows that chargeback disputes are messy and annoying to deal with. And in some crazy cases, chargebacks can even get your Stripe account suspended 😬 Well, today's

How to Avoid Becoming a VC Meme and Actually Add Value

Thursday, November 21, 2024

A guide to avoid becoming a venture cliché and aiding your companies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

👁️ Here’s proof - your life is about to change in 2025

Thursday, November 21, 2024

Choose wisely. Secure the tools for your biggest breakthrough in the next 12 months… Black Friday_Header_2 Hey Friend , The biggest Black Friday sale in Foundr history is here—and honestly, it feels

Behind the product: Replit | Amjad Masad (co-founder and CEO)

Thursday, November 21, 2024

Amjad Masad, Replit CEO, shares insights on AI-powered coding, building apps with text prompts, and the future of generative skills in tech ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Growth Newsletter #225

Thursday, November 21, 2024

How to ruin your brand with 1 tweet ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏