Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Tyler Denk

๐Ÿ‘ค Speaker
307 total appearances

Appearances Over Time

Podcast Appearances

My First Million
How I went from $0 to $1M in 12 months

And so from the earliest days, I did such a great job selling, but the product wasn't caught up to the expectations of what you were supposed to deliver in this industry.

My First Million
How I went from $0 to $1M in 12 months

And so what we decided to do, in addition to shipping one marketable feature every single week, was we turned each product release into a moment.

My First Million
How I went from $0 to $1M in 12 months

And so what I mean by that is,

My First Million
How I went from $0 to $1M in 12 months

we would figure out what would be the most useful thing that would prevent churn.

My First Million
How I went from $0 to $1M in 12 months

And that would be flashy enough that when I launched this on Twitter and LinkedIn, that people would be like, oh, one, that's super interesting.

My First Million
How I went from $0 to $1M in 12 months

The platform I have doesn't even offer that.

My First Million
How I went from $0 to $1M in 12 months

And when you do it repetitively week after week, it becomes more of a narrative of, yes, maybe they don't offer what I have, what I want today.

My First Million
How I went from $0 to $1M in 12 months

But if they're shipping something new every single week, it's only a matter of time until they offer exactly what I want.

My First Million
How I went from $0 to $1M in 12 months

And that comes from a place of, again, like talking to the users from the beginning and being really indebted into these communities on Twitter.

My First Million
How I went from $0 to $1M in 12 months

And like the framework that I would use for prioritizing what to build is like three-part framework.

My First Million
How I went from $0 to $1M in 12 months

One is preventing churn.

My First Million
How I went from $0 to $1M in 12 months

In the earliest days, we had 10 users, right?

My First Million
How I went from $0 to $1M in 12 months

If one user churns, that's 10% of our revenue.

My First Million
How I went from $0 to $1M in 12 months

So if someone says, hey, you don't have X, and if you don't build X, I'm leaving, like I can't take that 10% hit of revenue.

My First Million
How I went from $0 to $1M in 12 months

So that's like top of the line.

My First Million
How I went from $0 to $1M in 12 months

We have to ship that first.

My First Million
How I went from $0 to $1M in 12 months

Next is unblocking growth.

My First Million
How I went from $0 to $1M in 12 months

So as I'm trying to convince all of these people to leave their perfectly good platform to come to our platform, someone might be like, you don't offer this feature, thus I can't move over until you have that.

My First Million
How I went from $0 to $1M in 12 months

Once I hear that two, three, four times, it becomes a pattern that becomes something that needs to be prioritized.

My First Million
How I went from $0 to $1M in 12 months

to be able to unblock and bring new people into the ecosystem.