Make it easy for sellers
NegotiationA buyer can often pay a lower price if they offer a fast, painless, and certain closing process compared to traditional buyers.
3 more supporting quotes are in the member records.
앤드루 윌킨슨
Co-founder of Tiny; bootstrapped MetaLab, then bought and held small internet businesses
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Principles are our summary of their public statements.
A buyer can often pay a lower price if they offer a fast, painless, and certain closing process compared to traditional buyers.
3 more supporting quotes are in the member records.
Acquiring businesses from people with sterling reputations and mutual connections reduces the need for complex legal and financial vetting.
3 more supporting quotes are in the member records.
Position the buying process as a way to protect the staff and the long-term health of the business rather than a 'pump and dump' scheme.
3 more supporting quotes are in the member records.
Identify potential partners or hires by how quickly they move from brainstorming to sending concrete proposals and ideas.
Supporting quotes
There was, I told them, a big opportunity for someone to build an agency that could build legions of fans around local businesses by telling their stories.2 more supporting quotes are in the member records.
Build a loyal customer base by showcasing the history, operations, and the specific effort that goes into products.
Supporting quotes
There was, I told them, a big opportunity for someone to build an agency that could build legions of fans around local businesses by telling their stories.2 more supporting quotes are in the member records.
Identify small, repetitive tasks that cause personal annoyance and use AI agents to handle them to save time and mental energy.
2 more supporting quotes are in the member records.
Protect your attention by ensuring only essential communications reach your primary inbox, automatically archiving the majority of low-value noise.
Supporting quotes
And no matter how many admin people we hire, the same thing always seems to happen. Parkinson's Law kicks in: "Work expands so as to fill the resources available for its completion."1 more supporting quote is in the member records.
Avoid being a generalist who offers every service; focus on one specific niche to be perceived as an expert who can command higher rates.
3 more supporting quotes are in the member records.
Mastering accounting is essential for any founder because it exposes the inner workings of business and opens doors to investing.
3 more supporting quotes are in the member records.
Take a break of at least 20 minutes when a conflict becomes too heated to allow stress hormones to clear from the system.
Supporting quotes
When we're doing fight recovery, we now both don these little finger-worn sensors and set an alarm so they beep if either of our heart rates go over 100 bpm1 more supporting quote is in the member records.
Using social skills to mask internal misery is a draining business skill that leads to burnout and inauthenticity.
3 more supporting quotes are in the member records.
One can update the brain's fear response by experiencing a feared situation while maintaining a calm physical state.
2 more supporting quotes are in the member records.
Founders should maintain individual creative projects to avoid burnout and reconnect with the joy of building things directly.
2 more supporting quotes are in the member records.
Scaling a business only causes pain if the founder insists on doing everything themselves; systems and delegation remove the friction.
Supporting quotes
I associated more people with more pain. More management headaches. More accounting. More office space. I didn't want the all the stress.I've built systems and hired great people and focused on avoiding things I don't like , which has allowed me completely separate growth and pain.1 more supporting quote is in the member records.
Understand that a team and assistants can mask personal disorganization, which may lead to a collapse in personal life where those supports don't exist.
3 more supporting quotes are in the member records.
Build products that solve your own problems to ensure a deep understanding of the market and user needs without needing to pivot.
Supporting quotes
We kept our team down to three until right before launch so we could make quick decisions and keep communication straightforward.2 more supporting quotes are in the member records.
To stand out in a crowded market, intentionally choose aesthetics and tones that are the opposite of the boring industry norms.
3 more supporting quotes are in the member records.
Transform a functional tool into a personality that users can care about through playful copy and delightful interactions.
3 more supporting quotes are in the member records.
Building tools to fix messy, manual processes for existing successful businesses often leads to viable new product ideas.
Supporting quotes
They had set up their membership systems strewn together using a ramshackle bunch of software. WordPress hacked together with plug-ins funneling into a PayPal account, with some MailChimp sprinkled in for good measure.2 more supporting quotes are in the member records.
Combat isolation by creating structured, recurring habits like sports groups or lunch clubs where status and bragging are explicitly banned.
3 more supporting quotes are in the member records.
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