Building on an interoperable infrastructure layer makes it easy for platforms to plug into broader content networks, thereby expanding the scale and types of value they can provide their users. A Web3 art gallery, for example, can bootstrap off the artwork users have already created on the blockchain, rather than requiring them to upload art to the... See more
Lastly, as you execute on your strategy, in the back of your mind, always be thinking about how you can refine and strengthen the strategy. What would make it better, stronger, and clearer? A good strategy is never static.
I am convinced we are in the midst of a paradigm shift. That what used to hold us in community no longer works. That the spiritual offerings of yesteryear no longer help us thrive. And that, just like stargazers of the sixteenth century had to reimagine the cosmos by placing the sun at the center of the solar system, so we need to fundamentally... See more
First, we pivoted, redefining our business. We “fired” all our unprofitable customers and sharpened the product specifically for power users. We borrowed against our receivables to keep growing without dilution. Little by little, the bet paid off, and we scaled our revenue 10x, from $70k/mo to $700k/mo.
Personalization is an overlooked facet of onboarding that when implemented correctly, can be a huge user retention asset. When users are presented with dynamic, personalized content early on, it puts them in the driver’s seat of their experience.
In the offline world, supply scarcity is the main constraint on growth. Franchises can distribute their brand (and acquire customers) at a national and international level via linear and digital advertising, but revenue — and consumption — still occurs at a local level. Thus to grow requires growing a franchise’s retail footprint, and the franchise... See more