Chapter
Building a Startup Against the Odds
1:17:01 - 1:20:55 (03:54)
The founder describes how he built a startup company despite initial criticism and skepticism, and how his company differs from other similar products in the market.
Clips
The makers of an unnamed app talk about their struggles to innovate and differentiate from Snapchat, while also facing issues with user retention.
1:17:01 - 1:18:01 (01:00)
Summary
The makers of an unnamed app talk about their struggles to innovate and differentiate from Snapchat, while also facing issues with user retention.
ChapterBuilding a Startup Against the Odds
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
Retention is one of the most critical aspects of a successful business but is also challenging to solve as it is similar to dating.
1:18:01 - 1:18:44 (00:42)
Summary
Retention is one of the most critical aspects of a successful business but is also challenging to solve as it is similar to dating. It is not easy to make users or customers commit and stay engaged with your product or service.
ChapterBuilding a Startup Against the Odds
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
The transcript talks about the challenges of growing a business and how spamming people with notifications to use an app and increase the number of users isn't the best way to solve problems.
1:18:44 - 1:19:42 (00:58)
Summary
The transcript talks about the challenges of growing a business and how spamming people with notifications to use an app and increase the number of users isn't the best way to solve problems. It also cites examples of how increasing an email list of 10,000 people to 5 million can lead to revenue of $100 million.
ChapterBuilding a Startup Against the Odds
EpisodeShaan's Story: How I Made My First $1,000,000 By Age 31
PodcastMy First Million
'I'm amazing at operating things, but you guys are always way better at inventing new shit,' he said
He was like, I'm actually amazing at operating things, but you guys are always way better at inventing new shit, and we would just copy you.
1:19:42 - 1:20:55 (01:12)
Summary
He was like, I'm actually amazing at operating things, but you guys are always way better at inventing new shit, and we would just copy you.