Simon Chadwick 👨‍🚀

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Simon Chadwick 👨‍🚀

Simon Chadwick 👨‍🚀

@simonch00

Building Orbit. For founders who'd rather build than chase receipts and finance admin. Sharing the journey + what I've learnt. @orbitmoney_ | ex-@eclipsefi

Australia Katılım Mayıs 2021
1.8K Takip Edilen3.8K Takipçiler
Colin Gardiner
Colin Gardiner@ColinGardiner·
Need a suggestion on something to carry my laptop in to meetings. Backpack feels like middle school kid vibes. Briefcase seems stilted. Carrying it seems like a recipe to drop it.
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Simon Chadwick 👨‍🚀
Everything has now changed dramatically. Even the saas I use I often access through API and so it's not longer about the user experience or anything like that. Take email providers for example now can use resend or cloudflare email instead of the likes of brevo/mailerlite since don't use their form builders or anything anymore. Can rebuild the segments, automations and everything on our own system.
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Eliana
Eliana@eliana_jordan·
do you also feel like some saas ideas that worked a year ago… don’t make sense anymore because of ai?
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Miles 𓂀
Miles 𓂀@milesgr_·
@simonch00 yeah same with the "but they raised X despite being worse than us" - i mean if you define success as raising vc, then they sure as hell are better than you at something
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Simon Chadwick 👨‍🚀
Competitor traction tells you the category works. It does not tell you that your specific version works, or that you can win.
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Namya @ Supafast
Namya @ Supafast@namyakhann·
I’ve heard this exact line from founders way too many times: “Yeah the product is way ahead of the website right now" And they usually say it super casually. But that one sentence explains half the pipeline problem: > The product evolved > The buyer changed > The ICP got sharper > The positioning got more mature But the website is still selling the company from 12 months ago.
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Simon Chadwick 👨‍🚀
@jakecastilloooo This was a big pain point, like working on stop being the bottleneck and source of "judgement" It's an ongoing improvement but also can imagine does wonders not just for time but mental load too.
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Jake Castillo
Jake Castillo@jakecastilloooo·
A year ago: 16-hour days, five minutes for myself Now: a couple hours of work, the rest of the day for me Same impact. Here's how: I stopped being the one executing and became the one guiding. I tell people where to go, they go and run it. The value isn't in my hours anymore. It's in 10 years of decisions I can hand off in a sentence. You can't scale your time. You can scale your judgment.
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Val Sopi
Val Sopi@valsopi·
Just got flagged on rdit for this comment / haven't even used AI for grammar checks, let alone for writing it. Comment link in the reply below
Val Sopi tweet media
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Claudio Fuentes
Claudio Fuentes@claud_fuen·
the age of the 10-person $1B+ company is here. higher headcount != more momentum  (that playbook is in the past) the new scoreboard (thanks to AI) is revenue per employee. you scale by building better leverage… agents, automation, and systems that multiply output without needing additional headcount. at Comp AI we're a 15-person team running 700+ customers.
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Simon Chadwick 👨‍🚀
Makes a lot of sense, there’s also a lot of structural issues with programs like construction and tenders especially. I have friends that deep in working projects and crazy how inneficient it all is and expensive. And there’s low incentive to fix it. Then costs always blow out and gov spends more taxpayer money on these things because they are visible
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David Toniolo
David Toniolo@davidtoniolo·
Yeah - it's a real shame. I don't even particurly consider it a Left/Right issue. It's just standard par for the course in politics. What's so infuriating about it is the very fact that these issues are created by the political class in large part. Instead of saving funds, they win votes by making promises (depending on Left/Right and the era they only vary on whom they make promises to), these promises are typically unfunded - or by playing with the accounting or using funky numbers and unrealistic projects (costs and rev). Then, when they inevitably fail to live up to their promises, it sows decay in institutions, and institutional decline itself. Meanwhile, if they'd just promise less, save money, then the inevitable shocks of existence (COVID, business cycles, etc) would be much easier to overcome, there's money in the piggy bank. People's emotions wouldn't feel so Up and Down. They'd get more realistic about life and it's struggles. More accepting. And less addicted to the government being able to "solve" all problems by doing big things. This is one mans opinions anyway...
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David Toniolo
David Toniolo@davidtoniolo·
I moved away from Australia, officially migrating to Switzerland, and it happened to land just before the CGT changes passed. Very happy with my decision. I'd only been residing in Australia a few months of the year for some time now. My business is international and does nothing in Australia - its customers are European and Asian. None of our staff are Australian anymore (aside from myself). The move was mostly about life. I ski, I hike, I ride downhill - Switzerland wins on all of that over the other low-tax options. It puts me around people I'm more aligned with: pro-capital, optimistic, building things. And it has me far closer to where the work actually is - half my client visits are in Germany. Tax was a factor too, I won't pretend it wasn't. But it was the last reason on the list, not the first. I love Australia. I was prepared to pay high taxes there to do my part. But its general and increasingly recent disdain for capital, for economic freedom, and the cultural shift against "the rich" had become too great for me to tolerate. I can pay high taxes. But I can't pay high taxes to people who hate me for the success I've happened to find. I worked very hard, took a lot of risk, and dealt with the shame of making what were seen as ill-advised life decisions in the eyes of my family and many of my friends for years. And on the other end, I found myself with a little luck that carried me through to a place I couldn't previously have imagined. I don't take full credit for my place in life. I was born in the right place to the right people - not rich, middle class, an accountant father and a stay-at-home mother, good parents who raised me right in a stable household - and even at the right time. But I took the opportunities luck gave me and ran the best race I could from there. I want everyone to reach financial independence. I want the world to grow wealthier. I can contribute to that vision. I will not, however, do it for people who despise the journey it takes to get there. Because that's what the resentment really is. It isn't principle - it's pessimism and envy. And more often than not it's fomented by people who were ambitious themselves, who set out to build something and fell short of their own expectations, and turned that disappointment outward - onto the people who made it, and onto the system itself.
Buyback Capital@Larryjamieson_

Assuming the changes to CGT go through, what do you plan to change with your investments and/or your tax residency?

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Sawyer Merritt
Sawyer Merritt@SawyerMerritt·
Ferrari has just officially unveiled its first ever all-electric car, called the Ferrari Luce. • Starting price: $640,000 • Interior co-designed with Apple's former head of design, Jony Ive • Range: 280 miles (expected EPA) • Peak charging speed: 350kW • 122 kWh battery • 1,050 horsepower • 0-60mph: 2.4s • 800v • Four-door four-seater • Four electric motors • OLED screens • Weight: 4,982 lbs • Front motors spin to 30,000 rpm, rears hit 25,500 rpm • Car uses an accelerometer to capture real vibrations from the electric motors & rear chassis. An algorithm filters out unpleasant frequencies and amplifies only the more “musical” sounds. This can be heard inside and outside the car. • Paddle shifter on steering wheel changes how aggressively torque is delivered, with five different levels • The trunk has 21.1 cubic feet of space, the largest luggage capacity the company has ever offered • 197.6 inches long, about as long as a Tesla Model S U.S. deliveries start in Q2 2027. More photos in the thread below:
Sawyer Merritt tweet mediaSawyer Merritt tweet mediaSawyer Merritt tweet mediaSawyer Merritt tweet media
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Jake Castillo
Jake Castillo@jakecastilloooo·
For 18 months I talked to my co-founders every single day. Now it's maybe once a week. Nobody fell out. We sold the company and scattered into our own missions of figuring out what comes next. Nobody warns you that one of the hardest parts of winning is the quiet after.
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that stock chick
that stock chick@ausstockchick·
I love how a mortgage broker has spent nearly 20k on a sign outside Canberra Airport which reads… “Getting ahead just got taxed”. Legend. #auspol
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Miles 𓂀
Miles 𓂀@milesgr_·
a lot of operational stress in early-stage tech ventures comes from trying to look bigger than you are in front of people who can tell. founders pulling in a "senior advisor" they barely know to sit in on a VC meeting. teams adding logos of customers they had one call with to the deck. startups bringing 3 people to a sales call when one would do because they think the headcount signals seriousness. the room usually figures it out, sometimes in the first 10 minutes. showing up at your actual size and being explicit about what you don't yet have lands better than the theater version. by month 6 of running the theater play most founders realise it's actually cost them deals, not won them deals.
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Jesse Peplinski
Jesse Peplinski@JessePeplinski·
I wake up to 20+ notifications and a few DMs almost every day now - all from connecting with founders and builders on here. Pretty cool what can happen when you just start putting yourself out there.
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Simon Chadwick 👨‍🚀
It's crazy how rarely I properly switch off, but actually how much impact it has on my brain. I get energised solving problems and thinking about work but I do noticed when I actually turn it off for 1-2 days I come back with so much more energy and clarity.
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daniel
daniel@dan_deadhead·
@simonch00 ahh wait i thought you were talking about user research, nvm haha
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Simon Chadwick 👨‍🚀
One crazy obsessed user tells you more than 50 lukewarm signups. 10 users who love you is great signal, 100 who feel okay is also signal, but it's bad.
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