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Pat Walls

👤 Speaker
285 total appearances

Appearances Over Time

Podcast Appearances

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

What do you have to, what's the important part to find when you write this pitch?

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

So in this case, is the kind of the main thing I would be feeling or wanting is, oh man, I really want the sort of exact playbook.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Yeah.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

You know, in this case, the 10-step playbook validated by a Reddit post with 151 comments.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

of how he's built these, you know, he builds SaaS apps to 200K MRR, something like that?

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Gotcha, that's very cool.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

And then when you go to interview them, you're trying to extract, you're trying to basically now fill in the blanks of this skeleton you already think is a winning video.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Yeah.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Yeah, it seems like you kind of undersold yourself at the beginning when you were like, you know, I stuck with it.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

I think obviously consistency and sticking with it mattered.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

But it sounds like also what really mattered was building a system to be able to do this at scale, right?

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

A team and a system.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

You had to do that.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

I would say most creators don't know how to build a system.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Right.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

And it sounds like you found the growth hypothesis, which was,

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

if I put these types of stories on YouTube, there's always, YouTube will keep feeding me more and more audience for this type of content.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

And I can grow that way versus SEO versus anything else, right?

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

Like one of the frameworks I always liked that I think has kind of gone out of style was Eric Ries when you did a lean startup.

My First Million
Dumb iPhone Apps Are Making People Rich Again (Here’s how)

And he said, basically a company, you really have two main hypotheses.