Michael

@systvest What's holding you back? As you said, best time to start...

I should finally found a LLC... Tax-wise, best time to start is in a drawdown. 🫠😅

@SunscreenSPF30 How did you find your ideas? How did you market exactly? What niches are the most profitable ones? How much experience do you have in building SaaS or freelancing? How would you start if you had to start from scratch?

My second b2c app made $7,000 MRR in 10 days. You got question? I’ll answer them here Hope it could help at least one person on X

@SunscreenSPF30 Congratulations!! This must have been life changing. How did you find your ideas? How did you market exactly? What niches are the most profitable ones?

@atbrakhi Yes, that's called Peter principle. de.wikipedia.org/wiki/Peter-Pri…

It is not as easy as one thinks. Think about it, every arrow in this chart is a different game with different rules. The effort that gets you the skill won't get you the job. The effort that gets you the job won't make the side business work. wrote about this recently atbrakhi.dev/blog/why-worki…

@DuccioArmenise I think about skills I learned in the past and I think it is so straight forward to learn in school: there is a teacher to ask, he shows how to do it and gives you little tasks to become more proficient. Same for soccer or swimming. So much harder for building businesses.

@MichaelR_Quant I didn’t take it that way. I truly believe it’s an important question: good, unselfish mentorship is hard to find.

🙋‍♂️ I respectfully disagree with most of the "just ship it" crowd. If you can afford unlimited shots and don't value your time, sure, launching 20 startups is a viable strategy. But when you're working a brutal 9-to-5, have bills to pay, and maybe a family to support, you simply cannot ship and pray. Entrepreneurship and marketing are skills that can (and should) be learned, not just stumbled into. Just like driving, practice is essential, but some theory+mentorship before you hit the road can save your life.

@DuccioArmenise Hmmm...I don't have an answer. I don't have a SaaS, I vibe coded some stuff but more of less lost track. Thats why I asked, it was a serious question, not a provocative challenge.

Great question. Before going solo, I used to work in a co-working in Milan. It was full entrepreneurs at different stages in their ventures. I asked the ones that were ahead for help, and was surprised by the generosity of some. A few books on marketing helped a lot too. Do you have a better answer?

@systvest No. But I know that highly ranked stocks deliver best returns. And I believe to know that I outperform the risk free rate (or a credit interest equivalent), and I am fine with volatility.

@MichaelR_Quant But do you have a way to backtest such a "opportunistic buy"?

I bet I bought the top in $NCSM today...

@systvest I then always leverage a bit and go back to normal a few days later after selling another position

@MichaelR_Quant This really is a bad timing luck one for me... I know that it already was marked as a buy a week ago but I had no sell of current holdings to raise capital.

@DuccioArmenise @TTrimoreau This is very interesting. I highly appreciate your long and detailed reply!!

"Build distribution into your product" means designing it so that using the product automatically exposes it to non-users. Standard distribution/marketing stops working the moment you stop doing it (e.g. advertising, cold outreach, outbound campaigns, etc.). Built-in distribution, instead, are features of your product that ensure each user will automatically lead to new users. In a virtuous circle. Here are a few examples: - TrustPilot is user-generated content in a SEO-optimized container. - TrustMRR gets free advertising every time a user shares his trusted MRR. - Calendly puts its ad in every meeting invite. - DocuSign requires a non-user to sign. - Typeform brands every form. The difference: marketing is something you do. Built-in distribution is something your product does for you, and it compounds! It's also different from the "network effect" because it works from day 1. Definitely worked for Corsidia, my product, that is another SEO-optimized container for user-generated content + FOMO (potential users see their competitors already on my platform, they want to be there too). 🤔 I should probably write a long-form how-to / checklist about this.

As a founder, what skill has the most ROI?

@DuccioArmenise @TTrimoreau What does that mean: "build distribution into your product"?

@TTrimoreau I have to go with “built-in marketing”: the ability ti understand marketing enough to build distribution into your product.

@AlgoManX What is retvol, operprof and herf?

Step 1. Identify which features that has the highest predictability in the lower buckets.

I have been working on a tool do identify the stocks that has the highest risks to end up in the lower buckets in my AI strategies from my universe before running an algo on them. I rather add more stocks with higher potential to my universe that fill it up with junk. 🧵

@GfI_Himmelreich @hanetf Wow. The sky is the limit!! Is this for diversification reasons? You have your QuantStrike GmbH...another LLC seems to add another layer of overhead and burden.

📈2026 Project List • Launch my own Investment Firm in Dubai. 100% my stake. No external capital. • Launch a Cross Factor Mean Reversion Strategy Book as a European ETF — via @HANetf • Build AI Factor Models for European markets • Build AI Factor Models for Asian markets • Build AI Factor Models for global universe • Package advisory-ready products with a partner running an Investment Advisory firm • Third Substack “The Allocator Pitch” to Market (AUM Based) AI Factor Strategy Books further Busy year ahead. Let's build!

@Jacobsklug @openclaw How do you use openClaw? On a VPS or Mac? With what AI? Caude or Gemini?

This is INSANE. My @openclaw just called booked me a reservation. Here’s what actually happened: 1/ The Setup I gave my OpenClaw a real phone number. Most people would say that’s risky. I think the opposite. Why sit on hold when AI can do it for you? I installed the @Clawdtalk skill, generated a phone number + PIN, and was live in minutes. That’s it. No complex setup. 2/ The Test Valentine’s Day was coming up. I told OpenClaw: “Find me a restaurants near me for 2 people on Saturday.” I genuinely didn’t think it would work. It called 5 restaurants. At the same time. Spoke to real humans. Booked 1 with availability. No hold music. No back and forth. No wasted time. 3/ The Shift The infrastructure is changing. OpenClaw isn’t just a chatbot. It’s an execution layer. The interface to the real world is becoming API-accessible. Restaurants. Doctors. Contractors. Front desks. If it has a phone number, it’s now programmable. Today: dinner reservations. Tomorrow: vendor negotiations, recruiting screens, appointment backlogs. Anything that requires: – calling – waiting – confirming – coordinating …can now be delegated. We’re entering the era of agentic execution. I spoke with the Clawdtalk team and got a free usage tier for builders in my audience. Comment “Clawdtalk” and I’ll DM you the link. Let’s build.

@stevenjmcc Yes, you are right. I could argue that those payables are per definition negative ... that's why a positive value is later substracted. Maybe similar to having a positive loss, that is a negative value when dealing with it as well.

@MichaelR_Quant Is that not supposed to be -$10,000 payables in Cash Flow Statement (Year 2)? It's a cool graphic - I'm more just testing my understanding than being pedantic

How the three financial statements are interconnected...

There are 4 ways to increase your wealth: - increase income - reduce spending - increase returns - increase your time horizon

@ProfLeslieJohn @katy_milkman @HHBlunden @calimagna @grok summarize the paper that I can't find

If you’re offering incentives to get people to do something, don’t forget this simple yet vital step… revealed in new paper with @katy_milkman @hhblunden @calimagna authors.elsevier.com/c/1fkxZ2gS5Nvv…

@martyamark How easy do you think this is learnable? Seems like everyone is just randomly trying stuff and sees what sticks?

Been all over the place with my content lately. What kinda stuff do people want to see?