MegaMaker - Three things from Justin

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Howdy!
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My 2013 essay, This is Web Page, has been top of Reddit for the past day. It's wonderful to see that, eight years later, it still resonates!

(Welcome new subscribers! πŸ‘‹)

Today, I wanted to share three things that have resonated with me lately.

1. The founder of MailChimp sits down for an interview

Ben Chestnut, founder of MailChimp 🐡
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Everyone should know Ben Chestnut's story. Today, MailChimp is a massive success, with over $800 million in annual revenues, but not everyone knows how they got there.

It's especially heartening to hear that even Ben struggled in his first company (a web agency):

It was just the three of us, hunched over keyboards, pounding the keys from morning until sometimes until 1am-2am. It was a real grind. And the best revenue our agency business ever did was $200k-$300k per year. We were always just barely scraping by.

Again, the whole episode is worth hearing. I listen in Overcast.


2. Marie Poulin's most vital channel

My friend Marie is having an incredible year. A Notion power-user, she started sharing her tips in 2019 and the response was electric: "My twitter mentions were on fire."

She responded to that demand by launching Notion Mastery.

Notion Mastery revenue stats πŸ“Š
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I talk a lot about identifying customer demand: the market should already be β€œpulling” for what you’re building; the demand should already exist.

In Marie's case, this is definitely true: she discovered a pocket of pent-up demand.

Yesterday, I stumbled on this tweet:

πŸ—£οΈ "75% of my course sales come from YouTube"
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She figures 75% of her course sales come from her YouTube channel. It's a good reminder:

  1. When people really want instructions, tips, and tutorials: they go to YouTube.
  2. Every successful business person I know has found 1-2 channels that deliver most of their results. Finding a marketing channel with momentum is crucial.
  3. Being continuously helpful to a group of people looking for help can be a great way to build your platform. Earn their trust!

For my company (Transistor.fm), YouTube is becoming our second most important acquisition channel. It's worth investing in!


3. What motivates people to start a business?

I recently saw a VC tweet: "The best founders aren't motivated by money." πŸ™„

🐦 this tweet made me mad
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I couldn't disagree more.

I'm a father of 4 kids. When I was working a regular job, my wife and I struggled to make ends meet.

When I quit my job in 2014 to start my own company, my purpose was to make more money and have more time for my family.

There's no shame in starting a company so you can give your family a better life.

I know many entrepreneurs whose original motivation was to pay for diapers, daycare, and healthcare for their kids.

In my books, that makes them β€œthe best founders.” πŸ’―

Cheers,
Justin Jackson
Co-founder, Transistor.fm​
​@mijustin​

PS: I've assembled a collection of my best articles here.

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This newsletter is brought to you by ⚑ MegaMaker ⚑
(a private community for bootstrappers)

Older messages

I've been meaning to write you

Tuesday, June 29, 2021

​ (@mijustin here) ​ Hey! I normally try to send these on Saturdays, but I've been meaning to write you this update for weeks, so I thought I'd just sit down and get it done. Two personal

What makes a new product idea succeed?

Saturday, May 29, 2021

​ (@mijustin here) ​ Hi friends, Anytime you see a founder (or a product) who's really killing it remember: There are tons of layers (under the surface) that contributed to their success. Here are

How to find customers for a new product

Saturday, May 22, 2021

​ (@mijustin here) ​ Hi friends, The product you decide to build will really determine how hard it is to find customers. I think we need to stop trying to find customers for our products and start

It's a hard time

Saturday, May 15, 2021

​ (@mijustin here) ​ Hi friends, It's a hard time in the world right now. Many of us have been locked down for extended periods of time. Anxiety caused by the pandemic is pressing down. Drama on

Leave some space on your plate

Saturday, April 3, 2021

​ (@mijustin here) ​ Hi friends, There is an old Confucian practice called hara hachi bu. Roughly translated it means: “eat until you are 80% full.” The people of Okinawa Island use this principle and

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