Episode
#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
50:35
Published: Tue Jul 16 2019
Description
Who knew a product about other products could be worth tens of millions... Ryan Hoover (@rrhoover) tells us the struggle of trying to find a place in the startup world and how to tackle job rejection the right way - becoming his own boss! Truly starting from scratch, he runs us through the scrappy early days of e-mailing people one by one just to gain an extra dozen users... now that's some hustle! Tune into this episode and he'll teach you ways to push that little bit further to making your first million. See acast.com/privacy for privacy and opt-out information.
Chapters
The speaker expresses their excitement about trying out new products and discussing them, while also highlighting the different ways people celebrate their achievements.
00:00 - 03:09 (03:09)
Summary
The speaker expresses their excitement about trying out new products and discussing them, while also highlighting the different ways people celebrate their achievements. They also compliment someone in the tech industry for their kindness.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
Product Hunt started with 20-30 people from Silicon Valley curating and sharing new products that they found globally.
03:09 - 06:09 (02:59)
Summary
Product Hunt started with 20-30 people from Silicon Valley curating and sharing new products that they found globally. They were sharing everything from productivity tools to gadgets and other useful things.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The speaker discusses the importance of evaluating leadership and decisiveness when hiring for a position in a company or idea lab.
06:09 - 08:47 (02:38)
Summary
The speaker discusses the importance of evaluating leadership and decisiveness when hiring for a position in a company or idea lab.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The speaker shares the importance of handling rejection as a founder and offering feedback to help them learn and improve.
08:47 - 13:56 (05:08)
Summary
The speaker shares the importance of handling rejection as a founder and offering feedback to help them learn and improve. It can be tough to face rejection but it's crucial for growth and development.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The speaker reflects on feeling like they were learning less and moving slower, while discussing how tools such as Medium and Monday.com can help increase productivity and workflow.
13:56 - 16:49 (02:52)
Summary
The speaker reflects on feeling like they were learning less and moving slower, while discussing how tools such as Medium and Monday.com can help increase productivity and workflow. They briefly mention a discount for Monday.com.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The speaker believes that sharing snippets of blog posts on Twitter and helping more people share their ideas is beneficial for everyone, as it allows people to get to know each other better and expand their knowledge.
16:49 - 19:52 (03:02)
Summary
The speaker believes that sharing snippets of blog posts on Twitter and helping more people share their ideas is beneficial for everyone, as it allows people to get to know each other better and expand their knowledge. He mentions a commonality among people who write on Medium about interesting subjects, mostly related to tech.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The guest speaker talks about being an entrepreneurial-minded individual who was always tinkering with things from a young age, and how quick iterations and testing are important when building new features.
19:52 - 24:54 (05:02)
Summary
The guest speaker talks about being an entrepreneurial-minded individual who was always tinkering with things from a young age, and how quick iterations and testing are important when building new features. He shares his experience as a “scratch your own itch kind of guy” and his journey to earning his first million.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The birth of a tech community to come together and geek out about new products in the technology world was necessary as blogs and publications killed their comment sections, leaving no avenue for discussion.
24:54 - 28:13 (03:19)
Summary
The birth of a tech community to come together and geek out about new products in the technology world was necessary as blogs and publications killed their comment sections, leaving no avenue for discussion. The initial users noticed the product through word of mouth, mainly from Silicon Valley know-it-alls, who were asked questions about the product upon joining.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The guest speaker utilized personal connections and emailed engaged users to encourage them to recommend two people to contribute to the product, noting that within the demographic of tech early adopters building something new and cool, people want to become involved.
28:13 - 33:44 (05:30)
Summary
The guest speaker utilized personal connections and emailed engaged users to encourage them to recommend two people to contribute to the product, noting that within the demographic of tech early adopters building something new and cool, people want to become involved.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
PC gamers and podcast creators face challenges in distribution, discovery, and community building due to the fragmented nature of different platforms.
33:44 - 38:25 (04:41)
Summary
PC gamers and podcast creators face challenges in distribution, discovery, and community building due to the fragmented nature of different platforms. They both want feedback and user engagement to improve their work.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The Founder and CEO of FYI, Marie Prokopets, shares her insights on navigating relationships with teammates, investors, and acquirers as a founder, using the analogy of the early stages of dating.
38:25 - 42:20 (03:54)
Summary
The Founder and CEO of FYI, Marie Prokopets, shares her insights on navigating relationships with teammates, investors, and acquirers as a founder, using the analogy of the early stages of dating. She highlights the importance of transparency around finances and the diverse ways people celebrate successes.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
In this transcript, the speaker acknowledges her financial privilege which she recognizes has afforded her opportunities to invest while others struggle just to make ends meet.
42:20 - 46:10 (03:50)
Summary
In this transcript, the speaker acknowledges her financial privilege which she recognizes has afforded her opportunities to invest while others struggle just to make ends meet.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
The speaker enjoys investing, speaking with founders and researching tools that allow people to build things more efficiently.
46:11 - 48:49 (02:38)
Summary
The speaker enjoys investing, speaking with founders and researching tools that allow people to build things more efficiently. They emphasize the importance of finding what you love to do professionally.
Episode#4 - How Product Hunt's Ryan Hoover Built A $20M Community From Scratch
PodcastMy First Million
In this podcast, the speaker talks about understanding the unique and non-obvious approach or thinking of early-stage startups to identify potential opportunities for investment.
48:50 - 50:32 (01:42)
Summary
In this podcast, the speaker talks about understanding the unique and non-obvious approach or thinking of early-stage startups to identify potential opportunities for investment. By discovering the insights that have not been proven yet, one can find great investments in weird or out-there startups.