Patrick

@levelsio @miguelgbandeira @levelsio Just out of curiousity - how do you approach/think about kindness online?

@miguelgbandeira Why are you still here? You should be lowcostmaxxing and escape the underclass by living in SE Asia

Portugal isn't cheap anymore groceries cost almost the same as other european countries rent is more expensive than a lot of other big cities the only thing we have going for us? good weather and great food that's it

@gregisenberg Checkout BukaPO.Net they are bulding a marketplace for Bali/Indonesia. Think they are already above USD 4m GMV from USD 3-5 avg. orders alone. AirBNB for homemade food.

People are tired of $100 takeout, and others are tired of slow, low-paying jobs in an inflation world, so they meet in the middle on facebook marketplace. i bet millions of dollars are being exchanged across america and the world this way.

@girdley Great minds! superfounders.substack.com/p/the-rule-of-…

When I ran growing companies as CEO: I'd run from problem to problem continuously. It was EXHAUSTING. But this has an explanation: It’s called The Rule of 3 and 10. — Take one aspect of a business: communication. When you start a company, you’re doing it all. When you hit 3 people, your communication “system” is just you talking to everyone. By 10 people, that communication needs a system to follow. When you have 30 people, your 10-person system will be totally inadequate. At 100, it breaks again. Then again at 300, and again at 1,000, and so on. The Rule is: “Everything breaks at multiples of 3 and powers of 10.” — Communication is just one example. The 3 and 10 rule applies to every function of your business: •Decision-making •Strategy •Marketing •Meeting structures •Payroll •Leadership teams •IT, HR •Infrastructure •Benefits – everything If you’re using a 30-person system, by the time you hire number 100, you’re holding back your team. People will waste all their time fighting a broken system… Instead of upgrading systems that were supposed to stop working anyway. — How do you do this as a CEO? • Keep your lines open. Beyond 3 people, you probably won’t be the first person to know something’s broken. So talk to your employees. Run satisfaction surveys with thoughtful questions like Gallup’s Q12. • Make time to work ON the business. Think Weeks (where you go away and think about the company) or a CEO peer group like @joinscalepath are amazing ways to do this. • Set expectations (most important!). Everyone should expect that things are going to break over and over. Trust me – this will relax everyone. – If the team knows of the Rule of 3 and 10, something else magical can happen: They start getting ahead of these problems before they happen. About to hit 100 people in two quarters? Review everything before the business breaks. Easier than when parts of the business are on fire. – No set-in-stone playbook leads to success. Business is playing jazz, not rehearsing a symphony. But, with this rule, CEOs can have the right mindset to face the (inevitable) challenges ahead. Michael -- PS - I’m creating a million healthy business owners in the next decade. Will you help? Give this a like, retweet, and comment! PPS - the Rule of 3 and 10 was developed by the CEO of Rakuten, Hiroshi Mikitani. This is him giving a talk. 👇 Here’s a link where Phil Libin (founder of Evernote) explains the 3 and 10 Rule he heard about from Hiroshi. (articles.sequoiacap.com/the-rule-of-3-…)

@ClintFiore Hi @ClintFiore what would the multiple be if a business checked all on the RHS? And vice versa if a business checked off only the criteria on the LHS? (P.S. Think you could easily make this a fun calculator/google sheet/lead gen tool btw)

Main Street Multiples are a Bell Curve Distribution. If you want to be on the higher multiple side of the curve, be like the right side of this and not like the left side.

It's ready! 🚀🚀🚀🚀🚀 Introducing Ellie - your email assistant! 💌 Ellie is powered by @OpenAI and will learn your writing style and reply to emails as if you wrote them 🔥 If you want to be an early user, please retweet and comment below and I'll send you an invite code! 🙂

@MichaelJNovotny exitpreneur.io/wp-content/upl… 🙏🏼

Hey Founders, curious if your business has ever been approached for acquisition. Or have you every approached someone else to acquire their business? How did you receive it? Is there a right way / wrong way to approach someone and any story you could share?

@levelsio Interested in connecting with the ArchDaily founder about this? He's lying low in Bali but maybe a fun collab 🙏

🏝🏠 @gvrizzo from beachnearby.com asked me to add more beach houses so I tweaked the algorithm 😊 thishousedoesnotexist.org/t/beach

@travelfish @danclarkie Looks ace. Congrats man 🙌

@patriciamou_ Then you will probably like: wheretheycreate.com 🙏🏼

fascinated with creative workspaces and how they all seem to feature light, space, trinkets, & a sense of organized chaos. from left to bottom: Steve Jobs (computers) Dieter Roth (conceptual art) Silvia Bächli (modern art) Atelier Calder (sculptor)

@DavidSpinks Yes please 🙏🏼

Blown away by the level of interest here! I'll create a public version and a quick guide for how to use it. I'll reply to this thread with a link when I get it up so make sure to follow: @davidspinks I'll also try to DM folks who replied if I can.

I created a spreadsheet for my team that maps out the full community career path. It has every level that a community pro can reach, with the related competencies, skills, and experience at each level. If I made a public version, would you want a copy of it?

@levelsio Cool, let me know if you need intros to some of the better agents here 👍🏼

@PatrickSearle Yes I'm thinking of doing Bali biz visas! But need to make sure it's legit

✨ Rebase.co update: FINALLY got the calendar automation working People can now: - ✍️ apply for residency w/ 🇵🇹 @govpt - 💳 pay w/ @Stripe - 🛂 verify passport w/ @Stripe Identity - 📆 set up immigration call w/ @savvycal ⏰ Before took: 2 months 🏎 Now: 2 mins

@levelsio P.S. Still waiting for passport + KITAS 🤣

@levelsio Completely understand the rationale & caveats 🤣 Maybe should have asked, do you think same tech stack can be used for long stay visas? Not saying you should focus as niche maybe better vs SaaS where you forefit $$$, but maybe more customers in the long stay category.

@levelsio Basically BookingKoala, Launch 27 for Visa Agents. (My Experience: A man whose current weekly ritual is to message my visa agent to see whether the Bali Immigration officer has return from holiday & returned his passport + new visa🤣)

@levelsio Thinking out loud here, but is the market for this product too small? i.e. Those wanting to relocate to a new country. And the same tech could be used for most countries visa applications + sold per user application/as a SaaS Product to Visa Agents?

@linuz90 100%, along with strong potential integration with Twitter Spaces + Super Followers. Step 1: Run a Twitter Spaces event which only your Super Followers can access. Step 2: Later, convert your Twitter Spaces episode into a Twitter 'Podcast' for all public followers. ^^ @jack

A podcasts tab on Twitter could be rad. Highighted tweets with episodes and embedded play buttons. Discussions on episodes right there. Makes a ton of sense to me, need to find some time to mock it up.

@yongfook - How can I deploy my capital most effectively? Be like Napoleon + Bill Gates. 1 year of runway, so then you can innovate freely.

$10k - $20k MRR - How can I spend my time most efficiently? - How can I deploy my capital most effectively? - What are my long term goals?

My SaaS journey so far... 0 - $1k MRR - What should I build? - Who am I targeting? - How much will they pay?

@mynameis_davis @levelsio @csallen I think we're playing a slightly different game in SE Asia. As lower valuations mean lower win stakes i.e. 25m. But 100% agree if you take the VC route, you have to go all in or fail. Just interested how that looks for the non-superstar founders 😂

@levelsio @PatrickSearle @csallen 💯 Raising VC money basically reduces your optionality to 2 true outcomes: Failure or $100M+ company

There's countless examples of what happens if you don't follow what VC investors tell you to do They'll remove you as a founder and put someone else in place to manage the company This isn't theoretical, it's so common Harvard Business wrote about it hbr.org/2012/07/unpack…

@levelsio @csallen Also @levelsio let's just say someone handed you a US$10m check for 30% common stock, & knowing what you know, you negotiate to maintain complete control. Think you could advance the remote cause faster? Or not something youd consider as solo is where you have the highest ROI?

@levelsio Playing devils advocate here to explore @IndieHackers/my blindspot. But how many of the Indie Hackers DON'T make it? Leaving them (hopefully) more skilled but potentially broke. 97.5%? If so, if you can get it isn't VC better in early days to downsize risk? @csallen Any idea?