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I am not sure that I would conflate the success of your course to mean much about the relative success of your startup. I think there are a few other things to
by acjacobson 4y ago
I am not sure that I would conflate the success of your course to mean much about the relative success of your startup.
I think there are a few other things to consider that are specific to your situation (as an outsider it's been interesting to watch). In my mind, your course has a few extra things going for it - one it's aspirational and people like to imagine the best version of themselves, two the solution you're selling people has the potential to give them a lot of leverage (building an audience has provided you leverage after all), and three you have credibility in the space by virtue of having already done the thing. Of these, I think the promise of giving your customers leverage is the most important value, and people trust you enough to buy it due to your credibility.
I think these aspects don't apply quite as cleanly to Logology. It has a different kind of problem to solve - the "I need a logo and am willing to spend some money getting something decent but not a lot of money to hire a designer to do it for me" problem. It solves something specific, but doesn't provide potential leverage in the same way (once I have a logo, I have a logo - how many of those will I need in my life?). It also may be a narrow niche that you've more fully exploited. So if you're thinking about how to apply your lessons with Logology I would personally tack on how to add leverage too as they all go hand in hand in my mind.
- dagorenouf 4y agoReally appreciate your comment, and I agree 100%. I’m trying to figure out what was so magical about the course that I can apply to a more regular product startup. The fact that it sells logos is just how it is now, but what other things could we sell that makes people get 10x perceived value, like the course does. give them leverage as you mentioned. And it’s not just the product. A different positioning could do wonders as well. For example a logo sounds finite and one time, but unlimited branding assets and advice to build your product arguably sounds way more valuable. And it doesn’t require much change in our core product, just different positioning, put different features forward and rework how the product is delivered. But the core is the same. I’m probably just too optimistic but really excited about this, feels like this course thing opened my eyes.