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We took AppSumo from 0 to $85 million in sales.
Here are 10 lessons from our CEO Ayman that& #39;ll save you years of mistakes
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Here are 10 lessons from our CEO Ayman that& #39;ll save you years of mistakes
Treat business books like prescription drugs.
When you have a cold, take cold medicine.
When you need to improve at hiring, read a book on hiring.
Read business books to solve specific problems.
When you have a cold, take cold medicine.
When you need to improve at hiring, read a book on hiring.
Read business books to solve specific problems.
A business will only grow to the limits of its leader& #39;s psychology.
A CEO& #39;s core jobs:
• Strategy
• Executing
• Psychology
• Cash management
• Get the right people
• Strategy
• Executing
• Psychology
• Cash management
• Get the right people
How to determine your strategy:
What can we be the best in the world at?
Then work backwards.
What can we be the best in the world at?
Then work backwards.
3 stages of a company:
Startup → $0-1M
Grow up → $1-100M
Scale up → $100M to $1B
Usually, this requires 3 different CEOs.
Startup → $0-1M
Grow up → $1-100M
Scale up → $100M to $1B
Usually, this requires 3 different CEOs.
A framework to evaluate your business:
T3s and B3s
• Top 3 during the week
• Bottom 3 during the week
T3s and B3s
• Top 3 during the week
• Bottom 3 during the week
The best CEOs are T-shaped.
Know something about everything.
But be an expert in 1 area.
Know something about everything.
But be an expert in 1 area.
Structure your week to focus on 1 area each day.
Monday: Recruiting
Tuesday: Execution
Wednesday: Strategy
Thursday: Finance
Friday: Psychology
This avoids context switching.
Monday: Recruiting
Tuesday: Execution
Wednesday: Strategy
Thursday: Finance
Friday: Psychology
This avoids context switching.
"If you want to move mountains tomorrow, pick up stones today."
• The goal is the mountain
• The stones are the actions you take
Actions:
• What do I need to do in the next 3 years?
• What do I need in the next 3 months?
• What do I need to do in the next 3 hours?
• The goal is the mountain
• The stones are the actions you take
Actions:
• What do I need to do in the next 3 years?
• What do I need in the next 3 months?
• What do I need to do in the next 3 hours?
@BrokerChange grew @Appsumo from $4M to $85M in sales.
And he’s sticking around too.
If you want to make $100K to find our next CEO,
check out this thread on how to do it: https://twitter.com/noahkagan/status/1401965818099929095">https://twitter.com/noahkagan...
And he’s sticking around too.
If you want to make $100K to find our next CEO,
check out this thread on how to do it: https://twitter.com/noahkagan/status/1401965818099929095">https://twitter.com/noahkagan...
TLDR:
1) Business books = prescription drugs
2) Growth = Leader psychology
3) CEO jobs: strategy, execution, psych, cash, people
4) Best in the world at?
5) Startup, grow up, scale up
6) T3s and B3s
7) Hell yes or No
8) T-shaped CEOs
9) 1 area per day
10) Goals vs. actions
1) Business books = prescription drugs
2) Growth = Leader psychology
3) CEO jobs: strategy, execution, psych, cash, people
4) Best in the world at?
5) Startup, grow up, scale up
6) T3s and B3s
7) Hell yes or No
8) T-shaped CEOs
9) 1 area per day
10) Goals vs. actions
Retweet below to share some wisdom from Ayman: https://twitter.com/noahkagan/status/1402640523060449288">https://twitter.com/noahkagan...
