I rarely talk about apps I use,

but if you are not into active trading and you’re not great at active investing (most of us aren’t 🤷‍♂️)

Then you might find the fintech trading app - Trading212 - very handy 📈

What @Trading212 lets you do is to create your dream portfolio with fractional shares and then auto-invest regularly (or not) from like €100

Which means …

…that getting into investing game and learning with very little friction was never easier! 🤓

 Give it a try, we’ll both get free shares as a reward if you’ll use this link 😁

https://www.trading212.com/invite/11Pp1yM5rR


Trading212 - A User-Friendly Fintech Trading App

Creators and influencers sharing their hooks via Notion are doing something very smart…

Why?

👇

most people copy such shared info into their Notion

…which means your hook is sitting in their space and has much higher chance of being rediscovered.

👇

Because let’s face it - most of us don’t really act on things right in the moment 🙃



Why share your hook through Notion

Price is an indication of value $$

If you don't think your product is adding value to your users - the best course of action is to stop!

STOP MESSING UP YOUR USER's LIVES!

If you don't provide useless shit, I bet I got your attention now! 👇

I bet most of you working on products that don't pay your bills feel offended now.

How dare I to say you're doing useless shit when your users say they love it everytime you talk to them. 👇

Well, if they say it, then take their money and make your operations sustainable!

Create space for your team to grow and create an even better product(s). 👇

If you're on the team which feels that the next killer feature is necessary for you to start charging any price...then you're on the team called "bullshit makers".

There's no other way how to say it. It's an excuse supposed to mask your messed-up relationship with money. 👇

You need to understand that in the game called capitalism...

...PRICE is an indicator of VALUE and it is also a transmitter of value among different parties. 👇

Not having a price indicates you don't assign much value to your product.

Nobody can fix this but YOU!
Fix it today rather than tomorrow 💥

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/ft58Yh1

No Price = No Value = useless shit...

Being a #startup #founder can look overwhelming at first - especially when someone lists all the roles you need to fill...

👇

Sometimes people will make lists like these...

• coding

• UX design

• UI design

• product management

• marketing

• brand building

• sales

• community building

• pricing

• financial planning

• admin & compliance

• hiring & team management

• ...(add yours)

👇

But that's not true. It just creates stress.

Sure, you need to cover all these areas, but they all flow from the same core...

👇

That core is

• YOUR STARTUP WHY?

• YOUR CUSTOMER PROBLEM?

• YOUR STARTUP WHAT?

All you need to do is to understand really deeply your customer problem.

👇

Then you will just talk about it, share your thoughts, share your customers' thoughts, and how are you going about solving the problem

and voila...bang 💥

👇

You have solved the majority of issues for
UX/UI design, product management, brand, marketing, sales, community, and even pricing and hiring...
👇

That's why I talk about improving and fixing your product and not that much about #startups.

Your product understanding is your biggest secret advantage!
👇

If you think there's someone who should read this too...just retweet the first tweet and help spread the word
😉



You can read the unrolled version of this thread here: https://typefully.com/42opinionz/ok53kkh

Startup Founders and Product Management...

The most surprising office benefits or, as they say startup office perks, I’ve heard of …

And no, this is not your typical fresh fruits, free lunches, dog friendly or gym which are kinda boring and omni-present. These are way better and more surprising 👇

1/ SAUNA in the office
Seems like a good idea to sweat out the work pressure in the office with colleagues. At least for anyone who’s from Finland 🙂

I’d certainly need some time to get used to it!

2/ SAIL BOATs
Use company sailboat during lunch-break or for afternoon team meeting? Why not if you’re based in Zurich.

I’d love that 😊

3/ BAR in the office
Seems like a nobrainer adopted by many startups but if you’re a company producing spirits - like Campari, it really is a necessity.

I was never sure about bars in the office, I kinda like the real bars feel and it’s hard to get that in the office.

4/ JOB FOR LIFE
Maybe does not seem possible or relevant but there’s at least one company in Europe offering job for life and even guaranteeing a job for your kids (should they want to join)

How about that capitalism 😄

5/ PAIR OF TRAINERS
Choose your shoes for any occasion or sport when joining a company…

hmm, why not? 😏

6/ ASTROLOGY CONSULTING
Free for you to use any time you feel the universe is trying to tell you something but you can’t decode what it is.

I definitely know people who’d love it 😉

7/ GARDEN TO GROW YOUR GREENS
May sound like “work” for some and especially when you’re a garden architect, but what a hack…you can’t grow your greens on your clients’ gardens so I guess it makes sense 🥂

8/ MASSEUSE
Free back rubs and foot massages are here since internet bubble but I’m yet to join a company where it actually exists.

I love it. Would be in the office everyday 🤟

Most of these I know thanks to my US friends and @MonocleMag  🙏

Did you find any of these interesting? Retweet for others to be inspired 😉

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/2ekztTb

Most interesting office benefits…

Something #startups and #VCs hopefully already noticed - but it's now almost official as many smart VCs argue the same;

What changed about VC game?

- increased competition
- greater access to information about business formation
👇

- shift out of high-barrier-to-entry markets like chip manufacturing 
- shift into lower-barrier markets like software
- internationalization of talent

All these make it more difficult for VCs to sustain their past level of performance. 
👇

(and let's not forget most VCs are money losers when adjusted for risk) 

So what new approach to investing can save VCs and help startups?

Simple - MORE DIVERSIFIED ONE! 
👇

Less reliance on a small number of big hits in a small geographic area (unless you're in NYC or SilVal) while more relying on global #communities and providing global access to capital for those who best fit your #investment #thesis! 

🔚 of story

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/dHcQWTE

New VC game...

There’s a thing which often gets forgotten when people talk and think about #innovation and #innovative solutions…

Innovation must check three boxes:
✅ it must be novel solution 🆕
✅ to real existing problem someone has 👥
✅ which makes business sense 💰

👇

Now let’s stop briefly on “makes business sense” check;

If you do something novel on technical or theoretical level but no-one is seeing the added value, nor is willing to pay for it…not even you - e.g. through lower costs, faster execution, etc.
👇

Then it is not true innovation. You just managed to create a different solution, not innovative one.

Many times people get annoyed when I say this, but it’s the same like when you’d be solving the problem no-one really has.

Makes no sense, right!
👇

Use three checkboxes ✅ before you’ll call something an innovation and you’ll see your process and results improve dramatically.

People will get used to it. They will first self-check, then check with colleagues and only then they will bring any solution forward.

🙇🌟🏆


You can read the unrolled version of this thread here: https://typefully.com/42opinionz/fXVMaKS

Not everything new is innovation…

You can tell a lot about #company or #startup through their #hiring process and principles.

Like most of you - I've been a number of times on both sides of the fence 

- hiring and helping to design the hiring process 
- or going through hiring discussions myself 

and it never stops to amaze me how vast the difference is between the best hiring processes and even those you'd call better ones. 

Not to mention that many companies seem to still have a hiring process run as an after-thought... 😦 

...rather than as the source of the best-fit colleagues possible. 

Even in the age of automated tools, available external agencies and headhunters, advisors and communities - it seems like many are trying to hire without knowing what they actually want and why! 😞 

I'm now in more discussions than typically since I'm looking for an interesting project to join somewhere around the world and I feel like I have to share some of "not so good" practices for others to hopefully avoid 
👇👇👇  

Before I continue - please just remember - the hiring process is your store-front for future employees! 🚨🚨🚨 

Why not have at least a clean window? Not to mention how much brand damage this behavior can do in the long run.

Anyway, just some #startup #hiring highlights to avoid:

1/ taking 6 weeks to set up the first call - after the company reaches out to You that they are interested to cooperate

2/ more than 2 months between each stage in the process

3/ want to test You but the test is not ready

4/ want to invite You to their off-site to meet the team but You need to pay for your flight and accom 

5/ asking You to promise to keep the team intact if you join; without you actually knowing the team members 

6/ saying You will be responsible for growth but adding that they will sometimes tell You how to do it (even though they've never grown or sold anything - yes, this really happens!)

7/ saying You will manage #product teams but You don't need interaction designer(s) and graphic designer since we can outsource them

8/ saying we have #marketing and #sales department, they handle the customer side, you will only work on product management 

(this one is painful 😔 cos companies with departments are dead 💀 it's just matter of time ⏱️) 

9/ saying after 6 rounds of talks, we would like to wait with the last round after summer is over, without explanation... why is summer relevant in the hiring process 😄 (not saying it can't be, just explain)

10/ not being transparent about your #VC #funding situation even though the market already knows that promised $$$ hasn't arrived

---

I'll stop here but I'm sure I'll collect some more interesting highlights in the coming weeks, so stay tuned 😉 

#startup #lessons #hiring 

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/Q25As0c

Not so good hiring practices examples...

I got a question yesterday - how big is the product team - and the answer seemed to surprise the founder, so sharing here to have less surprised faces 😉 

Who should be in the #product #team - which can be self-sufficient and empowered to create your product's future;

⬇️ 

The product team is a small team typically with the following roles

1/ product manager

2/ interaction designer

3/ software engineers (2-5) with one acting as tech lead

Q&A and UI design can be part-time members.

As the organization grows additional roles will pop-out...

⬇️ 

Roles like:

- product marketing
- delivery manager
- agile coach
- scrum master
- data analyst
- dedicated Q&A for testing automation

⬇️ 

I remember from one @officialsvpg workshop that Marty said that a simple team-roles-ratio for larger products could look like this:

10 Product Managers
50 Engineers
(= 10 product teams) 

and then design roles as shared resources 👇 


5  Interaction Designers
1  User Researcher
2  Visual Designers 

Obviously, that's for larger products so may not be your problem at the start. but you DO NEED INTERACTION DESIGNER who's able (ideally) to wear multiple hats

⬇️ 

It's good to remember that the Product Team owns all projects, features, bug fixes, optimizations, and performance improvements related to the product.

And yes, when the organization is small, it also owns L2+ support and end-user #documentation drafting. 

⬇️ 

There should always be a technical writer finalizing end-user documentation and keeping it professionally sounding and readable by non-tech users.

This is true for #hardware and #software products alike.

#startup #lessons 

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/Buuwaun

Minimal Product Team Roles needed

When thinking about #supplychain #planning for #hardware business, you will inevitably be confronted with a macro situation and you will have to make a judgment about how is it gonna affect you & your business!

That judgment needs to come from understanding...
⬇️ 

...how the situation affects

1/ your customer
2/ your supply chain partners
3/ your sales channel partners
⬇️ 

Now that is a hard problem because of many unknowns but we now know one thing for sure and that's where you should start

-> there's a global increase in #inflation <- 

That's your start! Simple, right. 

Now you only have to make up your mind about...
⬇️ 

...whether inflation increase was driven more by

1/ excessive aggregate demand 

including loose monetary, credit, and fiscal policies everywhere 
(and we know for sure that it was the main driver of the stock-markets uptrend in 2021)

or
⬇️ 

2/ by negative supply shocks 

including the initial COVID-19 lockdowns, supply-chain bottlenecks, a reduced US labor supply, the impact of Russia’s war in Ukraine on commodity prices, and China’s “zero-COVID” policy
(where these could result in a stagflationary environment)
⬇️ 

Once you pick your side - you can plan accordingly. 

If you are doom(er) then you'll say it's both and you are fckd anyway so do nothing differently and just wait for the market to pick a side for you 🤔 (this is a joke! hope you're not even thinking about joining this camp)
⬇️ 

But say you have your informed opinion...which obviously depends on your industry, size, type of product and where in product life-cycle you are, but all that taken into account, by choosing your side...
⬇️ 

...you now know what you should be doing with regards to:

- hiring
- inventory
- debt levels
- pricing
- promotions

So get at it. Summer is in full swing and business always speeds up in Q3-Q4 but you must be ready for it (yesterday)! 😉 

You can read the unrolled version of this thread here: https://typefully.com/42opinionz/3HUnOZ2