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- đ 33 Quick Thoughts From The Past Months đ§
đ 33 Quick Thoughts From The Past Months đ§
Some important notes on growth, marketing & business jotted down these past months:
In no particular order!
It's a gloomy period, youâre not alone, sales cycles 2x longer, deals 2x smaller
Over-nurture existing customers. Easier to make business and impact from existing clients than perpetually chasing Net New
Net New? Cherish every lead, email, MQL. They're people with true pains and JTBD, not just numbers. Remind yourself this
It's usually still harder to sell a product than build a product
Got problems? Sales solves (almost) everything
Willingness to pay/willingness to use = almost always your riskiest assumptions (esp. now that everyone's building)
Attribution is so broken (multi-device + cookie policies make it đ€) even though your models are telling you otherwise
This playbook: content> promote on paid> grab email> nurture> turn into SQL then close, is becoming too expensive
Paid channels = exploding costs (even with real time bidding)
Is organic reach dead-ish on all SoMe platforms?
SEO never dies (even though we announce itâs death every 6 months)
Email marketing never dies (Lindy Effect)
Stop changing strat/tactics every 6 months coz itâs not paying off yet. Youâre not giving them enough time to perform
Consistently create content thatâs authentic & not too polished (real). this drastically counter the GenAI content wave. Go punk or go home
In-person channels making a huge comeback, massive appetite
Channels Iâm excited about (communities, substacks, founder-led content, livestreams for b2c, physical events, offline marketing)
Long-termism wins
Deep work = a competitive advantage
Basic human psychology still and always applies. We are driven by fear + hope + comfort
GenAI is turning content into a commodity⊠user experience and âGood tasteâ are everything
Audience/community, capital, data, scale are the only moats left
Convenience decides almost everything your clients/prospects do
Peopleâs attention spans are not dying (long form content never did so good), youâre just bad at captivating it
Keep running 5 second tests
Flip your wowâŠhow many steps/time/actions do you require users to do before they get the WOW! of your product/service? Reduce it by 90%
We need much more Via Negativa = âthe art of what not to doâ = not what I can ADD to improve something (features, campaigns, tasks) but rather what I can REMOVE (remind weekly)
The pareto principle (80/20 power law) is a fractal law = also a 64/4 rule: 4% gets you 64% of results and so forth. Find that 4%
Most founders, marketers, product owners (bit less) and commercial people are still not financially literate enough beyond CAC and CLTV (margins, ebitda, contributions to overhead, capex, etc etc)
GenAI is not just hype, you just don't get it (https://lnkd.in/eqmSEPem)
Customer journeys = messy messy messy
Start running synthetic customer data with (Synthetic Users)
The higher you go the less you know. Can't run a business if you donât spend time in the trenches/details and even more time talking to customers (weekly)
What a time to be alive