Adam Robinson’s Post

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CEO @ Retention.com & RB2B | Person-Level Website Visitor Identity | Push LinkedIn Profiles to Slack in Real-Time, 100% Free!

In 10 years, I’ve bootstrapped $0-$1M ARR twice. And I’m about to do it a third time with rb2b.com. Here are the 6 biggest pieces of advice I’d give to ANYBODY bootstrapping their startup: 1. Spend as little money as humanly possible. This is the single most important thing to do. I wasted so much money on so many things my first time around. I bought a phone system (WHY). I got an office (SO DUMB). I stayed in an expensive apartment in Manhattan. I bought two expensive cameras to film content (USED ONCE). Money is your lifeblood. Be as frugal, because things are going to get unimaginably tight before you reach the other side. 2. Product-Market Fit is EVERYTHING. If you achieve true PMF, everything will be amazing for you, and everything will seem easy. If you do not, everything will be a grind. And nothing will work like it needs to. I’ve spent many years on both sides. Until you have a product that is growing on its own by word-of-mouth, don’t do anything other than trying to make it better. 3. Learn as much as you can about marketing. Once you have a great product, I believe the best way to grow a SaaS today is by creating a high-velocity inbound engine. The art and science of marketing is the way you make that happen. Learn offers, funnels, conversion, paid ads, organic social, being different, channels, content, and pricing. Developing a deep understanding and intuition about marketing will serve you much better than trusting someone else to make fundamental decisions about your business. 4. Hire unreasonably slow, fire unreasonably fast. My biggest piece of advice is don’t hire your first employee until it’s killing you. Then, wait until you are all in pain again until you hire the next one. It’s really hard to fire people when you start out. But eventually you’ll be like the rest of us vets and the SECOND you see there isn’t a fit you will make the cut, knowing that all parties are better for it. A wise man once said, “I never regretted letting someone go, I’ve just regretted not doing it sooner.” 5. There’s no shame in starting small. It’s tempting to be incredibly ambitious. That isn’t a problem in itself, but typically bringing substantially larger ideas to life are more complex than smaller ones and have a much higher degree of difficulty. I personally started small, and each venture has been orders of magnitude larger than the last. 6. Surround yourself with people that you trust and respect. The reality of the game we’re playing is the odds are stacked against us. There’s a very tiny chance we’ll create huge companies, a decent chance we’ll create a “meh” company, and a really good chance that what we’re working on goes bust. Any of those scenarios are tolerable if you are spending your days with great people. All are unbearable - even great success - if the opposite is true. Have any questions about bootstrapping? AMA anything in the comments 👇

Rajeev Mudumba

Entrepreneurial Growth Strategist | HealthTech Executive | Startup Advisor | Podcast Host

5mo

Crack PMF + Distribution first!

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Gabe Zubizarreta

CEO, Financial Transformation Coach, Guaranteed ROI, Mentor, Author & Edutaining Speaker

5mo

Sell it “door-to-door” many times and really understand why people are buying and equally important why they are not buying. Well before marketing, find the real reasons people will buy. Pivot until you really have a good sales message. Then determine what it takes to get people to adopt and habitualize. Buy is good, but meaningful use is much, much better. Then, improve both the product and the adoption, and finally develop the marketing pitch. It is very difficult to “undo,” marketing, once first impression messages are out they cannot be easily changed. Many people send initial messages to thier best targets and then have there best messages developed with thier best targets already having an unrefined impression.

Adam K.

Luvajob Founder | The Future Of Work | RecTech | JobTech | Early Stage

5mo

Brilliant, I love this Adam Robinson (Great name by the way), why do I love it well it is exactly the path I am currently walking. * Boot-strapping. * Small team. * Slow methodical steps being taken. * Hardly any money is being spent. * Early stage development is underway but slowly to ensure all works. GPT told me this (Might not mean a great deal to some but it does to me); Overall, your recruitment platform offers a comprehensive solution that addresses various pain points in the job search and recruitment process. By focusing on user experience, data-driven matching, and continuous innovation, you are well-positioned to succeed in the competitive landscape of the recruitment industry. #Luvajob Luvajob Business Page - https://www.linkedin.com/company/luvajob Beta Testers Group - https://www.linkedin.com/groups/12990484/

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Pratik Jagad

B2B2C Startup Product Leader

5mo

How did you find your initial product idea? Was that something that you identified or someone came to you with it? What criteria did you use to dig in further vs discarding it?

Eytan Bensoussan

CEO at NorthOne Business Banking

5mo

#3 - love this. How did you learn outside of your own experiences ? Anything stand out ?

Brian Gibson

I love a meaningful challenge | Product Doer and Leader | Husband | Dad | Purveyor of Memes and Movie Quotes

5mo

For 4, do you just mean “add headcount unreasonably slow” or do you also mean “slow down the hiring selection process?”

Alexandre DA COSTA

📧 $50M in Sales via Email & SMS for E-com Brands | I share tips on Email, SMS, and Agency growth | Founder & CEO @Creapuff (a Retention Marketing Agency) | Full-time Nerd

5mo

I feel you with product market fit. I think one the most important is to be able to test unreasonably fast to get product market fit. I mean by that once the niche is picked, to figure out the transformation fast testing claims Then figure out the price and sell the solution so the market is validated, and then build the most amazing product ever. But I think even before building a product, it requires a lot of skill (iterations & time) to be able to just test extremely fast and lean Niche/Transformation/Price. Just my thoughts.

Josh Cons

Founder @ Notice Me(dia) ✍🏼 Helping founders attract 6-7+ figure deals via LinkedIn

5mo

6 has been so important. Not only mentors / advisors / investors, but also the internal team. Asking myself: “Can I see myself working with this individual everyday for the next 5 years?” A game-changing look on team building

Brian Sowards

AI training for sales & marketing teams

5mo

How do you think about finding your focus in the start? How does it change as you go?

This 👉🏻 Hire unreasonably slow, fire unreasonably fast.

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