Chapter
The Power of Distribution: Making Millions with E-Cards
14:01 - 18:19 (04:17)
The founder of Grammarly talks about his early success with a company that made E-cards and how the power of distribution helped it reach peak revenue of $4-5 million a year. He also shares an anecdote about Snapchat and the popularity of sending digital cards through the platform.
Clips
Michael Birch, the founder of Bebo, also created Birthday Alarm, which generated millions in revenue through outsourced E card creation before being sold.
14:01 - 16:15 (02:13)
Summary
Michael Birch, the founder of Bebo, also created Birthday Alarm, which generated millions in revenue through outsourced E card creation before being sold. Birch now runs a new venture called Givingli which allows users to send both E cards and gift cards to a variety of services.
ChapterThe Power of Distribution: Making Millions with E-Cards
Episode#192 - Making Billions with Greeting Cards, How the FBI Took Down Thousands of Criminals, & Rich People (not) Paying Taxes
PodcastMy First Million
This podcast episode discusses the importance of distribution in achieving growth, highlighting the growth of Chrome plugins and Snapchat minis as examples.
16:15 - 17:20 (01:05)
Summary
This podcast episode discusses the importance of distribution in achieving growth, highlighting the growth of Chrome plugins and Snapchat minis as examples.
ChapterThe Power of Distribution: Making Millions with E-Cards
Episode#192 - Making Billions with Greeting Cards, How the FBI Took Down Thousands of Criminals, & Rich People (not) Paying Taxes
PodcastMy First Million
Use the three-legged stool analogy to describe the stages of a startup.
17:20 - 18:19 (00:58)
Summary
Use the three-legged stool analogy to describe the stages of a startup. A startup begins as a one-legged stool and must develop three strong legs (team, product, and market) to become stable.