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Congratulations! Some key take aways: 1. Postpone investment in marketing for the first few years and focus on the product. No need to spend time on social med
by jakozaur 7y ago
Congratulations! Some key take aways:
1. Postpone investment in marketing for the first few years and focus on the product. No need to spend time on social media.
2. Bid on competitors brand names in Google Ads.
3. When you buy other SaaS, give them testimonials with back links to boost your SEO.
- tomhuntio 7y agoA fantastic short summary, thanks so much for pulling these out Jakozaur :)
- troydavis 7y agoThe article omits arguably the highest-impact element: 4. Be comfortable selling a product that almost all customers use to send spam to strangers. That's the ingredient many, hopefully most, entrepreneurs don't have. Outreach got popular by letting salespeople send the same template to more strangers, faster. That was its whole business for the first few years. Even today, the leftovers exist on their Web site. https://support.outreach.io/hc/en-us/articles/216288348-Avoiding-Spam-Filters https://support.outreach.io/hc/en-us/articles/216288348-Avoi... is one example: "When using Outreach, it is up to the individual to follow these requirements. Remember, being marked as spam can have a detrimental impact on your organization's deliverability rates." If there's a universal lesson, it might be to find a market, customer, or delivery method that you are uniquely suited for. Outreach's founders cared less than average about enforcing policies or making a positive overall impact, and they found a field where caring about paying customers at the expense of all other stakeholders (like recipients) was rewarded. While I sure wouldn't encourage differentiating that way, the concept works.
- creaghpatr 7y ago>Outreach's founders cared less than average about enforcing policies or making a positive overall impact Didn't realize you were privy to the founders' nefarious intentions, do you have evidence to back this claim up? That's a huge story if you're telling the truth.
- troydavis 7y agoThere’s nothing nefarious about it. These are 2 of many relative priorities. For example, at one extreme, some people care only about impact and don’t care at all about money; that usually leads to a not-for-profit. At the other extreme is barely-legal greyhat malware/adware, where a lot of collateral damage is accepted as long as it’s profitable. I wouldn’t personally be comfortable with the tradeoffs that Outreach made, but it’s legal and making them doesn’t make them evil. One might describe it as greedy. (I don’t think greed is newsworthy and I’m far from the only person to see it here. Regarding evidence of Outreach’s spot on the continuum, https://twitter.com/annepmitchell/status/671386007850192896 https://twitter.com/annepmitchell/status/671386007850192896, https://twitter.com/dswiese/status/713039678287405056 https://twitter.com/dswiese/status/713039678287405056, and https://twitter.com/troyd/status/753721604081799168 https://twitter.com/troyd/status/753721604081799168 are 3 of many examples.)
- lmeyerov 7y agoMaking legal trade-offs can be evil, and setting & enforcing social norms is a basic responsibility of every adult.
- mdorazio 7y agoPer another commenter's link in here, [1] shows pretty clearly what kind of person the founder is. I don't think there's much ground to stand on if you want to actually argue that the initial product wasn't designed explicitly to enable spamming sales prospects. [1] https://www.vox.com/recode/2019/11/26/20930374/nathan-latka-podcast-saas-data-top-entrepreneurs https://www.vox.com/recode/2019/11/26/20930374/nathan-latka-...
- troydavis 7y agoThat article is about the founder of the Web site where this article was published, rather than the founders of the company, Outreach.io, that the article is about.
- 7y ago
- whoisnnamdi 7y agoAnother point - a version of "do things that don't scale", sign up your first 100 customers door-to-door I'm guessing this advice shouldn't be taken completely literally, but rather, the point is that one shouldn't fear signing up your first 100 customers in an unscalable, high-touch way. In fact, he seems to argue that by doing it this way you are more likely to get real, raw, and candid feedback from those users