David Perell+ Your Authors @david_perell "The Writing Guy" | I tweet about business, online learning, and Internet writing | My Podcast: perell.com/podcast | My writing school: writeofpassage.school/ Jan. 03, 2020 1 min read + Your Authors

A three-step process to starting an online business:

1) Build an audience.

2) Build a product for your audience.

3) Scale the business with plug-and-play software instead of hiring people.

The audience comes first. The product, second.

I've seen hundreds of people do this.

Some day, I'd like to start a school that takes people through all three steps.

Every student would have two years to build a profitable online business.

First, they'd build an audience. Then a product.

They'd graduate once they were ready to scale their online business.

Best quote I’ve heard in a while.

“Building, owning (and possibly someday selling) a profitable remote software business is the new American Dream.” — @tylertringas

 https://earnestcapital.com/investment-memo-fund-2/ 


You can follow @david_perell.



Bookmark

____
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Since you’re here...

... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.


Follow Threader