This Week in Startups E1114: #AskJason! Silicon Valley exodus, product vs. branding, expanding into adjacent markets, avoiding burnout & more
Sep 25, 2020
Explore the exodus from Silicon Valley and how entrepreneurs balance brand focus with product development. Discover the challenges of satisfying current customers while attracting new ones and the importance of co-founder compatibility. Learn about potential regulatory changes that could democratize investment access in the U.S. Investigate the migration trends towards affordable urban centers post-pandemic and their cultural implications. Finally, dive into effective marketing strategies that sustain competitive advantages in the crowded market.
AI Snips
Chapters
Transcript
Episode notes
Bootstrapping over Fundraising
- Bootstrap your business if it's not capital-intensive.
- Focus on making money first, raising capital can be slower and distracting.
Avoiding Burnout
- Eliminate time-wasting activities to focus on building your business.
- Embrace early overwhelm and learn essential skills like incorporating, hiring, and taxes.
Community Building over Promotion
- Instead of asking communities to promote your product, build your own community.
- Demonstrate value by offering something helpful, like a guide or solution, to potential partners.