- Domi's Favourite Things
- Posts
- Domi's favourite Things - Issue #7
Domi's favourite Things - Issue #7
What you should Focus on... ๐ฏ (to 50%) & The Heat of the finnish Sauna ๐ซ๐ฎ
Read time: 3.50 Minutes
Servus Friends,
hope you had fun with the fasted race-driving Coder in the world, last Issue.
This episode, we focus mainly on Traction & helpful Mental Models. This is an interesting one I promise. So have fun and read on...
The Things we are digging in Today:
How not getting soaked in a finnish Sauna ๐ซ๐ฎ
๐ Domi's Book Club: A f*cking Must Read about "Traction"
#Twitter-Box: Not social(-ized) enough this Weekend? Here is more Bier... ๐บ
#Domi's favourite 5 - The Mentalist Edition ๐ช
# 1 - ๐ฆ Don't get to "Soaked" in a finnish Sauna ๐ซ๐ฎ
I know, I know, I know... American VC's are on steroids compared to European VC's, but It's not all about muscle and size...
Jyri Engestrรถm is another proof, that we also have smart Investors you could call when starting a Seed Round & don't have to start sweating if the US-VC's rejecting you.
Jyri is a strong Thinker and gives great Advice about "Smartcuts" in this Podcast Episode of Soaked. (I really can recommend to give them a follow too)
I really looking forward to visit Slush Festival in the future. This Finnish Guys know how to build Businesses in a calm but smart way. (Just look at the food delivery company "Wolt")
# 2 - ๐ Domi's Book Club - How to get Traction ๐
It's about time to talk Books again...
There is not that much you should focus on starting a Startup. If you listen to this Book, the answer is just two Things.
The first half is to get something out the Door what people want... (We will cover that topic in later Issues again, but psst.... Y Combinator Library will help you with this)
The other half is the holy Grail to get Funding...
It's Traction!!!
And yes, Traction is a diverse Topic too. Did you know that there are 19 different Channels to grow Traction at all?
No? ...This is why I recommend you to give the following Book a try.
The Readstyle is easy and the authors are real Experts about the Topic. Gabriel Weinberg founded DuckDuckGo and Justin Mares is a smart Food Entrepreneur from the US.
I believe even if you not a Marketer or Entrepreneur, you will profiting from this Book for your whole Career. So take this chance and raise your personal Career-ROI.
I can't stress it enough and many famous Entrepreneur's stress this ALL THE FUCKING TIME. Traction is the simple most important metric you rely on.
# Twitter-Box: Have I heard Beer again? or Bier? ๐บ
Selling the same Idea twice and even get more money for it at the second time, sounds impossible to you? ... Then listen to my little Twitter-Story here.
Nikita Beer (Yes his real last Name) is an Expert on building in social media. Still one of the hardest industries with the highest mortality rates in Business.
In October 2017, Nikita founded the App "to be honest" and gained more than 5 Million Downloads in no time. It took him just some months to sell it to Facebook. (Damn Mark is really hard in this acquisition game)
"tbh" was bringing the "Fishing for Compliments"-Method into the social media era and just let you ask the people around questions about you. The twist is, that everything is anonymous, except if you pay and get the names of your secret crush. (What a Business Model!!!)
But after his fast Exit to Facebook, Nikita did it just again with his new App "Gas". Look at this amazing growth curve here:
In a matter of Days he signed up Millions of User again just from American High Schools and sold "Gas" with the same Idea in the end to Discord.
Nikita knows his shit in Social, so enjoy this Twitter-Thread:
After 10 years of building consumer social apps, I've decided to start exploring new areas. Building these products is an unforgiving grindโbut I learned a lot along the way.
For those embarking on this path, here's everything you need to know:
TIME FOR A THREAD ๐
โ Nikita Bier (@nikitabier)
4:18 AM โข Jan 12, 2022
Ever thought about being the next Zuckerberg? Read this one first and think again. You should be very sure if you starting the next social App.
# Domi's favourite 5 - The Mentalist Edition ๐ช
Lately I am on some Mental Models Stuff, so find here what I read last week + a Must Read if you are a marketer :
Feedback please! Help me to improve for more fun Stuff.
Click on a link to vote:
Meme of the Week
Maybe the most important Mental Model for having Success...
๐คฃ๐ Thanks for reading the 7th Issue.
Please share with your Friends and have an epic Week. ๐