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Earlier this year, I got the opportunity of a lifetime.
@agazdecki, @shaanvp, and a group of investors gave me $100k to buy a startup.
I bought a business from @microacquire, and now I'm going to grow it.
Here's the story of how it happened, and what's coming next
@agazdecki, @shaanvp, and a group of investors gave me $100k to buy a startup.
I bought a business from @microacquire, and now I'm going to grow it.
Here's the story of how it happened, and what's coming next
It all started when Andrew DM'd Shaan with an idea made of solid gold.
Andrew owns http://MicroAcquire.com - and wanted to give a business away to someone in Shaan's audience.
Great PR for Andrew, Shaan gets a viral idea, and they both help a hustler.
Win-win-win.
Andrew owns http://MicroAcquire.com - and wanted to give a business away to someone in Shaan's audience.
Great PR for Andrew, Shaan gets a viral idea, and they both help a hustler.
Win-win-win.
Shaan tweeted it, and in typical @ShaanVP style, it blew up.
Folks were lining up to pitch in $5-10k to give a business to a young entrepreneur. https://twitter.com/ShaanVP/status/1346532322871398400?s=20
Folks were lining up to pitch in $5-10k to give a business to a young entrepreneur. https://twitter.com/ShaanVP/status/1346532322871398400?s=20
What started as a small $5k idea was snowballing into a 6-figure endeavor 
My eyes were popping out of my head.
My eyes were popping out of my head.
This was a perfect chance for me to do something ridiculously cool & learn a lot along the way. Maybe learn more than getting an MBA. (h/t @jakobgreenfeld)
I HAD to try for it, even though I didn't think I'd win in a million years.
I HAD to try for it, even though I didn't think I'd win in a million years.
I decided to shoot my shot. I tweeted at Andrew & Shaan.
But... I knew 95% of people would stop there. After all, it's all that they asked for.
I knew if I wanted to even have a chance, I had to do more.
A lot more. https://twitter.com/TheDanielMitch/status/1346555866783379456?s=20
But... I knew 95% of people would stop there. After all, it's all that they asked for.
I knew if I wanted to even have a chance, I had to do more.
A lot more. https://twitter.com/TheDanielMitch/status/1346555866783379456?s=20
So... I searched far and wide to find email addresses for Andrew, Shaan, and every investor that responded in the thread.
I made them a quick deck to tell them I was the right choice.
And I sent off dozens of pitch decks within hours of Shaanâs tweet.
I made them a quick deck to tell them I was the right choice.
And I sent off dozens of pitch decks within hours of Shaanâs tweet.
The next day, @agazdecki responded saying that he "liked the hustle."
(That was a relief, considering I just invaded his personal email.)
Then a few days later... BOOM.
Andrew told me I was a finalist.
Just needed a goal line punch. That's not too hard, right Pete Carroll?
(That was a relief, considering I just invaded his personal email.)
Then a few days later... BOOM.
Andrew told me I was a finalist.
Just needed a goal line punch. That's not too hard, right Pete Carroll?
Tough interview? Nope.
Resume scrutiny? Nope.
All they did was ask me a simple question.
"How will you grow the business?
I was too close to fail now.
So, I knew I had to make another effort and do something most people wouldn't.
Resume scrutiny? Nope.
All they did was ask me a simple question.
"How will you grow the business?
I was too close to fail now.
So, I knew I had to make another effort and do something most people wouldn't.
So I made a website...
- Recorded a video introducing myself
- Shared four frameworks for growth (our friend @ShaanVP loves his frameworks)
- Wrote a short bio about myself
The whole shebang. You can check it out here... https://www.notion.so/Dan-s-Plan-for-SaaS-Success-cd8b51c557774206a104954e7a1fd8ee
- Recorded a video introducing myself
- Shared four frameworks for growth (our friend @ShaanVP loves his frameworks)
- Wrote a short bio about myself
The whole shebang. You can check it out here... https://www.notion.so/Dan-s-Plan-for-SaaS-Success-cd8b51c557774206a104954e7a1fd8ee
They looked at my site... and picked me! 
Andrew made my day with his email.
Shaan even shouted me out in his newsletter and said my site was "better than 99.9% of job apps."
I earned the chance of a lifetime.
And just got some amazing mentors (even more valuable, IMO).
Andrew made my day with his email.
Shaan even shouted me out in his newsletter and said my site was "better than 99.9% of job apps."
I earned the chance of a lifetime.
And just got some amazing mentors (even more valuable, IMO).
It's a cool story that ends happily, so I'm grateful to be at the center of it.
But it's just the beginning and I'm just getting started.
We ended up buying a killer Shopify app called Sold Stock with:
- $22k ARR
- 90% profit
- huge upside
And I'm building in public.
But it's just the beginning and I'm just getting started.
We ended up buying a killer Shopify app called Sold Stock with:
- $22k ARR
- 90% profit
- huge upside
And I'm building in public.
TAKEAWAY: Shoot your shot (over and over and over) 
If you see something you want, give it a try.
You WILL lose. A lot.
But all you need is for ONE to work. So keep trying!
Persistent optimism is lost on basically everyone. So let it be your competitive advantage.
If you see something you want, give it a try.
You WILL lose. A lot.
But all you need is for ONE to work. So keep trying!
Persistent optimism is lost on basically everyone. So let it be your competitive advantage.
Want proof?
Just a few weeks earlier, I sent Shaan 2Âą to get his attention when he was hiring.
He tweeted my trick. But I never heard from him about the job.
(Not that I blame him. @benmlevy is THE man for the job
)
But I didn't quit there. https://twitter.com/ShaanVP/status/1307151847245795330?s=20
Just a few weeks earlier, I sent Shaan 2Âą to get his attention when he was hiring.
He tweeted my trick. But I never heard from him about the job.
(Not that I blame him. @benmlevy is THE man for the job
)But I didn't quit there. https://twitter.com/ShaanVP/status/1307151847245795330?s=20
If you want to learn with me while I grow a Sold Stock, gimme a follow @TheDanielMitch.
I also tweet about building startups, impactful tech, and tactics for lifelong learning.
My next thread will be about why we chose Sold Stock and what I learned during the acquisition.
I also tweet about building startups, impactful tech, and tactics for lifelong learning.
My next thread will be about why we chose Sold Stock and what I learned during the acquisition.
If you wanna follow along but are less twitter-inclined, sign up to get these updates via email:
http://build.danielmitchell.info
and please do me a favor and RT the first tweet in this thread so we can reach more people! https://twitter.com/TheDanielMitch/status/1381279974070554626?s=20
http://build.danielmitchell.info
and please do me a favor and RT the first tweet in this thread so we can reach more people! https://twitter.com/TheDanielMitch/status/1381279974070554626?s=20
