[progress update] Nov - Jan: 20% growth, 4 new hires, and opening to new countries
Let's compare November - January stats to the previous 3-months period.
5 qualities to optimize for when hiring a CTO
We get many requests from non-technical founders who are looking for a CTO or a technical co-founder. Throughout my career, I’ve hired three people for such roles in different companies. Two of them were a disaster, and one worked out well.
How to get more leads from SEO landing pages (advice from conversion copywriter)
I asked a professional copywriter how to get a better conversion on SEO landing page. The founder of a copywriting agency gave great advice in a 15-min video.
2021 goal: grow from $2.7m to $10m
In Q1 we will work on preparing our systems for exponential growth.
2020: year in review
2020 looked like "nothing special" in terms of growth. But look at the amazing things my team has achieved
Strategy advise from Chris Bakke (3x exits to Indeed, Zillow, and Knotel)
Chris Bakke advises me on strategy on business models, pricing strategy, client retention, and growing margins.
How to check if a freelancer is good before hiring them (my personal proces)
These 5 steps helped me to hire 100's freelancers for internal jobs and the marketplace before I had a team to do that.
Update on progress July - October (lots of wins and a big fat churn)
In the last 4 months, we increased our GMV, % of new contracts, saw a surprisingly high churn, and tested a few client acquisition channels.
Moving in the same direction is the hardest challenge
A few days ago I was reading to my kids a parable about crawfish, swan, and pike that got together in a team attempt of moving a cart. They had the same goal, but because of their nature moved in different directions. Long story short, it didn’t go well.
Chicken-n-egg problem
A 2-sided Marketplace is a livelong war of balance demand and supply. In this article I share how we deal with it.
After 5 years of work I'm closing Coding Ninjas
I started Coding Ninjas 5 years ago and after a few pivots we've found a better business model and created a new brand. This is the story of why we are saying good bye.
4 mistakes to avoid when working with agencies (from our $120k worth of experience)
An agency might be a good add-on to your team but can’t replace it. They provide access to an accumulative experience from hundreds of other companies but still require a massive investment of time and effort from the client’s side.
Product Hunt: +$38k GMV per month, +10 clients, new partnerships, and acquisition offers
COVID really hurt our business. We lost 40% in GMV since March 2020 (about $85,000 in monthly payments). We recovered largely thanks to 2 Product Hunt launches, which resulted in significant spikes in traffic and sales.
Our reaction to the crisis
Our first reaction to the crisis was to cut the costs and throw all our team to client acquisition.
Quora has generated for us at least $1m GMV for 2 years
Quora has generated for us at least $1m GMV for 2 years. It’s losing value for us now, but for an early-stage startup, it’s a great source to get customers and learn more about them.