Gavin Hammar

@jasonlk When I pitched @sendible to the one and only VC I ever approached, they laughed in my face and told me that no one would ever pay for a social media scheduler. So I decided to prove them wrong. And do it bootstrapped. That was 12 years ago. This year we were acquired.

@levelsio Fair enough. Do you only invest in ETFs or bonds as well?

@GavinHammar Yes I can do that But I want the money to grow in the S&P500

What do you recommend for getting a mortgage in Portugal/Europe? I normally wouldn't but keeping my money invested @ 10.5%/y avg in S&P500 While taking a 2-4%/y mortgage in Europe The diff is essentially profit (not without risk ofc) I already getting angry dealing with 🦖 dinosaur banks again Asked Revolut and Wise if they offered mortgages but not yet I believe? Would love a fintech mortgage

@CasJam Have you had success working this way with any customers/clients?

99% of my daily communication with teammates and clients is async (much of it with Clarityflow). Live calls typically only for the initial meeting. Everything else async. It's not *just* more convenient! These benefits are even better: - More thoughtful & prepared messages. - History all logged and easy to refer back to. - Video, screenshares, and texts all threaded in one (linkable) place. - Integrated with email and mobile. Part of our normal inbox flow. Not a single client or teammate objects. They see async as a breathe of fresh air, as do I :)

@CasJam You could take a page out of the Once/37 Signals playbook and position this against the typical consulting firm that benefits from milking non-tech founders dry. 🤔 I’ll chat to one of the founders I advised last week and see if he may be interested in this.

@GavinHammar Thanks! I’d love to chat. I expect there will typically additional scope, which would be quoted as extended weeks. But I think there’s always a 1-month version of every project that the tightest essential promise of the product, so we always start there.

Introducing, One Month App, my newest consutling service 🚀 I believe most new SaaS products can (and should) be shipped in a month—with the right scope, the right stack, and a team that ships. Flat predictable pricing. A fast, reliable partner. onemonth.app

@IAmClintMurphy @ericosiu @ericosiu have you considered offering a more exclusive 1:1 or group coaching component to your community?

I had a convo yesterday with a person who's running a real estate coaching business. Sixteen people per cohort running at $1,500 per month per cohort and he's got three cohorts right now. He's scaling it up and will likely get to, let's say, 5 cohortd at a time, which is $100+ per month. Sure, there are costs, etc, but it's high margin. More importantly, it's what you also say. He does development, as well, and now has 48+ realtors who've taken his course and are in his community. It's a built in referral mechanism. Mind blowing.

There are online communities easily doing around $250k/mo ($3M annualized) and it's kinda insane. This one has 242 members charging $999/mo ($241k/mo). They're dedicated to helping French speakers make more money online. This one has 2k members charging $129/mo ($258k/mo). They're dedicated to, well, what it says below: business, brotherhood, and seduction. No judgment -- works for them. Sure, you can argue that churn is probably high with most members staying 3-4 months or so. But I don't think that's the case with the best communities. For example, I've been in YPO for 4 years, and prior to that, I was in EO for 7 years. That's 11 years of being in business communities. The ROI has been insane. For example, at Single Grain, we recently signed a client doing 9 figures who happened to be a YPOer. The sales cycle was far shorter and they were easier to talk to because of our shared bond. The reality is that all high performers want to hang out with like-minded people. People long for community. Here are the hallmarks of a great community: - A safe space to have discussions - The ability for people to connect with one another - Forums, or small groups, of members that meet once a month to share their wins and losses, and to help each other solve their problems. Yes, like group therapy. - In-person events - Satellite networks that form because people have different interests If you're able to integrate these elements into your community, your churn is going to be far lower than a typical online community. Why? Because your monthly recurring VALUE will surpass 99% of other groups. And that's how you keep your monthly recurring revenue up. 😉 I've been a big proponent of these groups over the years because the benefits have been enormous. And now with awesome products like Skool, you can easily create your own community. Some people choose to charge for their communities, and some people choose to offer a free community to get people indoctrinated with their teachings so they can upsell them later. There's no right or wrong -- just what works for you. @neilpatel and I recently formed the Agency Owner's Association. Although we're both YPOers, we wanted to have a group dedicated to helping agency owners grow faster. Throughout the next few months, I'm going to be sharing how we're growing this group organically. Both Neil and I have our primary businesses to run, but this will be a fun 'build in public' case study and I'll be sharing our wins and losses here. Right now, the group is at about $2,700 MRR and the price is at $149/mo with no long-term commitment. The 'upsell' is an in-person mastermind where people can join Neil and me in Beverly Hills but it's invite-only for people doing 7-figures or more. We haven't started scaling this yet because we want to nail down the offering before we ramp it. As the group grows, we'll probably increase the price based on the increased value that we'll add over time. We have a great community manager that's quarterbacking the thing and I hop on and engage with the group frequently. Eventually, the group will become self-sustaining. I have no doubt that this community will break 7-figures over time and since this is our side project, I'm happy to share progress with real numbers over time. If you're an agency owner and you want to join the group, you can join here (no strings attached): skool.com/agency-owners-…

@IAmClintMurphy @ericosiu It’s a great business model. I know of a coach doing double that per cohort per month using swarm.to. He segments each cohort by level similar to what @ericosiu is doing with his community and then charges more because he gives advice over video.

I'm looking for a freelance writer to write 5 competitor comparison pages for StoryPrompt's marketing site. Who would you recommend?

@BuiltToSell @builtbybasem @JohnWarrillow This totally resonated with me. I wish founders were warned about the lull you feel after a life changing exit.

Basem Hanna walked away from his cannabis company, TerrAscend, with $25 million in cash and kept stock that could be worth twice as much one day. So why did @builtbybasem get depressed after selling? In this clip, you'll hear hime share with @JohnWarrillow how to avoid a mental health crisis after you sell your business.

@damengchen Not AI. You can tell by her eye tracking of the teleprompter.

Created a page to host a bunch of video tutorials: pdf.ai/tutorials Guess if the spokesperson is AI or not 😉

6. Die with Zero by Bill Perkins This eye-opening book conveys the idea that you should spend your wealth in your prime rather than wait until you're too old to enjoy it. What's your must-read book of 2023?

5. Traffic Secrets by Russell Brunson Full of practical strategies for driving targeted and consistent traffic to websites, this book is a must read if you have an online business.

4. The Subtle Art of Not Giving a F*ck by Mark Manson This book claims that happiness comes from solving your own problems. By overcoming challenges, you gain resilience and get closer to life's purpose.

2. The Simple Path to Wealth by JL Collins This opened my eyes to low-cost index funds and turned me into a Vanguard fanboy. Well worth the read if you want to learn about investing.

3. $100M Offers by Alex Hormozi This book teaches you how to craft offers that are so good, customers will be willing to pay a premium. Highly recommend for entrepreneurs.

1. Outlive by Dr Peter Attia This is a heavy read but well worth it. It's a practical, science-backed guide to living a long, healthy life. My biggest takeaway: Zone 2 training.

These are the 6 most impactful books I read this year, in ranked order. 2023 was my year of fitness and I read a lot of books on health, wealth, and longevity. But there are a few 5-star business books in there too: 🧵

@GammerOcie47932 Sounds awesome. Would love to check it out. How did you incorporate AI?

I’m thinking of creating a mobile game in Godot that uses GPT-4 to power the AI. Has anyone tried this?

@commandodev Possibly. That could be an option.

@GavinHammar Wouldn't you want to use something local like llama.cpp or ollama?