domm
@domm
Followers
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Following
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Media
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Statuses
759
Joined November 2010
In startups, if you take your foot off the pedal, the default mode is reverse, not neutral.
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the hardest truth about startups is that working hard doesnt guarantee success on its own.
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in sales and marketing, your goal is to build excitement. not explain a feature.
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people who work in startups:. you dont have to fix every problem. a lot of speed comes from knowing what to ignore.
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100m people with an idea.1m people with a landing page.100k startups with an mvp.25k startups with customers/users.10k startups with revenue. sure its ‘possible’ to raise money with just an idea, but the further you get the less competition you have.
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hire people so good that you dont have to follow up to check if things got done.
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This morning got a cold DM from a company with tens of billions in revenue, about @fast checkout; met with them this afternoon. Met my cofounder on Twitter - @abarrallen . Hired executives and team members from twitter. Met investors here. Can't believe this website is free.
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you dont need any permission to change jobs, start a newsletter or a podcast, start a hobby, or open source project, or startup. you can do it quietly, or build in public and tell the world. pick any path you like and enjoy the experience.
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in physics. force = mass * acceleration. in startups. force = team * speed.
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a lot of people want to start their own companies but dont know what to work on. what are your best startup ideas you want to see built?.
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for those of you who have recently started a new venture or are planning on it:. you no longer need to get business cards printed.
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my wife works fulltime . she is a fulltime mom. she works as hard or harder than me. every dollar of income i bring in, is equally earned by both of us, and I couldnt do it without her. stop asking me if she works, ask what she does instead.
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Dont sell people on what your software can do. Sell people on what they could do with it.
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lets get your startup funded this weekend 💵. reply with:.- company name / url.- 1-line pitch. i will be picking 1 company from the replies that i will personally angel invest in, mentor and warmly intro to 3 vc’s!!. p.s the best founders follow me here &
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I met my cofounder @abarrallen thru Twitter DM (1 yr ago today). We have hired lots of team members from DM on Twitter. Raised $22.5m from VC’s & angels, lots met thru Twitter. Thousands of people bought swag using @fast checkout from tweets. Cant believe this website is free.
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the easiest way to build relationships and networks is actually just being a decent human and being genuinely interested in sharing information honestly.
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in startups the problem isnt making mistakes. its not correcting them fast enough.
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make room for angel investors. in our well oversubscribed rounds, 20m+ we made room for $5k checks. these angels act as mentors & cheerleaders. often you couldnt hire these people if you begged, yet they are willing to pay you to help.
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happy friday - lets get your startup funded 💵. reply with:.- company name / url.- funding stage.- 1-line pitch. i have been doing these monthly for a year now for founders, each time:. hundreds reply, thousands engage, millions are invested.
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Start-ups fail for many reasons, of which Fast obviously was not immune. But decisions made that lead to this outcome which I take responsibility for. But one thing I am 100% certain that we did right was hire truly incredible people 👇.
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happy valentines, lets get your startup funded 💰 ❤️ 🌹 . reply with:.- company name / url.- funding stage.- 1-line pitch. i have been doing these monthly for nearly a year now since COVID, each time:. hundreds reply, thousands engage, millions are invested.
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lets start a thread of all the productivity tools startups 👇. reply with:.- name.- url.- 1-line description. doesnt have to be your startup.
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if you are a startup founder and its not always really hard. you arent pushing hard enough.
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in startups, the goals isnt to have no problems. its to anticipate them, quickly identify them, and fix them.
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lets get your startup funded this weekend 💵. reply with:.- company name / url.- 1-line pitch. i have been doing these monthly for a year now for founders, each time:. hundreds reply, thousands engage, millions are invested. p.s great founders follow me on
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In startups let me tell you the one area you need to focus on: . All of it.
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Request for startup:. I'm both a founder & a very proud dad to 2 young kids (2/4). I am bullish on a completely new model of education for kids. If you're building the future of education, I'm a customer & potentially a teeny investor; I want to hear from you; reply with url 👇.
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If you are building a startup, you have to both think big, and labor over tiny details at the same time.
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I cannot stress how far you can get in life, simply by reaching out and making clear and simple asks of people.
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raising money? . lets get you funded Fast, reply with:.- company url.- round (seed, series a etc. ).- 1-line pitch. lots of companies have found investors from my threads already ☺️. subscribe to for weekly startup AMA.
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thinking of launching a startup? . here is a list of the reasons not to, and everyone you need permission from:.1).2).3).4).5).
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Got a startup? Want more customers? . Quote tweet this and tell us:.- your url .- 1-line why we should signup.
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got my kids a puppy for xmas. was a terrible idea, wife is allergic. now got to give her up. anywho, free to good home, shes 35, australian, potty trained and fully vaccinated. merry xmas.
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in startups. have huge vision.have tight focus.execute with everything you have.
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in startups, to win, it takes an army. as a founder, its your job to build the army.
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Your startup raising money right now?. Let’s give you a boost, reply with:.- company url.- 1-line pitch for startup.
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every manual, annoying, slow process that irritates you every single day:. thats a startup waiting to be born.
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recipe for a SUCCESSFUL startup:. 1. build a great team. 2. great team builds a great product/service. 3. great team sells that great product/service to lots of customers. if you can simultaneously build a strong community, all three are easier and you 🚀.
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if your friend or family member has a small business, buy from them. dont ask for a discount, and refuse one if offered.
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EXACTLY a year ago today i first met a VC, @janatindex. I was a fresh eyed Aussie new to US, on my own. He made an offer on the spot to lead a $2.5M pre-seed in @fast. Today, a team of 60+ are about to lift the curtain 🚀. Chase your dreams & never forget people who empower you!.
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Some people work remote, some work in an office. Some companies raise VC, some bootstrap. Some people work 40 hours a week, some work 70. None of these things dictate success, they are just different levers to pull. You do you 👊.
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Best things about building a startup: .- anyone can do it.- you don’t need permission.- it’s easy to start.- cheap to start and build an mvp.- unlimited upside.- tools like @twitter and @ProductHunt give everyone a voice and ability to build a community. do it.
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in startups if you dont enjoy the process then you are destined for failure. the desire of some exit/outcome wont get you there, you have to love what you do, especially the hard times.
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ive met a lot of senior/staff PM's and engineers lately working at big tech companies, eventually wanting to be a founder of their own startup. come work @fast, we'll teach you how to scale a startup. then when you are ready to leave & launch I will intro you do all the investors.
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lets get your startup funded, reply with: .- url.- 1-line pitch for your startup. p.s. as a founder who has raised $22.5M in last 12 months, i am doing an AMA on insta live about fundraising tomorrow on to answer all your questions.
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Want quick money? Get a job. Business takes a lot of time and work, anyone who says otherwise is lying, or doesn’t know.
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In startups your team is everything. So dont outsource the hiring, do the hard work to source, sell to, interview and vet every single early employee. If you arent prepared to do that, I fear for you ^.
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Yes the CEO gets on chat. Yes the CEO chats to sellers and buyers. Yes the CEO still prospects on LinkedIn. And the CEO reads every seller request and all social posts and notifications and DM’s. The CEO is just one of the team, never forget that as the CEO.
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.@abarrallen and I, along with the whole @fast team, have been working tirelessly to make the web faster and easier for everyone. Proud to announce that @stripe have now joined us in that mission. 🙌. 1-click checkout is coming to everyone!.
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Today we launched A LOT.Could have used another 2 weeks of QA we didn’t have, was my fault.Team did amazing work.Thousands of orders day 1.Hundreds new sellers signed up. Hard day but Great day.Early night ready first a huge day tomorrow.
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Stealth mode startups are far more likely to fail than those which the whole world know about.
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I cannot over-emphasize the value of angel investors. Some of @fast biggest supporters are angels, who have referred employees, intro'd to clients, helped interview, consulted, or are on-call for help as needed. I happily take angel checks as small as $5k as their value is 10x.
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I was granted a work visa in the US in November (8 months ago), since then I (& @abarrallen and team @fast) have created/employed ~30 new high paying US jobs. This is silly.
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what are your favorite startups at the moment with female co/founders?.
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founders really need to work on sales skills. you are literally always selling, candidates, prospects, investors, media, partners, suppliers. get comfortable just talking about your business over and over and over and over and over and over. .
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find a role you love, in a company you believe in, that pays you your worth and leaves you with nothing but upside.
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just build. whether its in public.or private. whether its bootstrapped .or funded. you do you, and i will cheer you on 👏.
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A few days ago I sent a 10 word cold outreach on LinkedIn to a senior exec at a company worth well > $10Bn:. "Hey would love to chat about Fast Checkout on XXXXX". Today, got a reply setting up a meeting next week. Its not rocket science, send the message!.
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Raising money? Reply with: .- company name.- 1-line pitch.- url.- how much are you raising.
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raising capital? lets get your startup funded today! 💰. and i will personally invest at least $5,000, + mentor one of the startups that reply today!!. reply with:.- company name / url.- 1-line pitch. p.s follow me on
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become a founder. its the greatest job in the world. also the hardest . and despite being inundated with people, the loneliest. but literally the greatest and most rewarding job in the world.
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startups grow faster when everyone cares far more about making good decisions, rather than who make them.
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in startups you need a north star for where you want to go, and a long term vision. but you have to execute and plan incrementally, each step needs to be your primary focus, and you have to WIN.
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want to build a big business? . solve discovery for users:. • match talent to companies, + reverse. • match investors to startups, + reverse. • match products to consumers. BUT, it must make real matches for the users. you cant just build another list or directory.
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One of the best pieces of professional advice I got:. “If you want the position, assume the position.”. I became a leader long before I was given a title or a raise.
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lets start a thread of all the fintech startups 👇. reply with:.- name.- url.- 1-line description. doesnt have to be your startup.
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dont hire the best people and then give them stupid restraints that limit their ability.
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Moved into a house today out of a small apartment in the city. Built this for the kiddies. Not exactly sure how Americans measure activities like this, but as an Australian, it was a 4 beer job.
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treat your people well and they become recruiters. treat your customers well and they become sales reps.
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being a founder means saying things. over and over and over and over and. .
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caution: if you give me a problem, I will most likely provide a solution. * my wife has advised me this isnt always whats wanted <working on it>.
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i just walked into my local starbucks, as i do every morning, and again was greeted with “hey domm”, “hi domm”, “morning domm” from all 3 people working. eCommerce needs to figure out how to deliver that same simple magical feeling, because chatbots and 10% off is not it.
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dont hire people that will fit your company culture, hire people that will help build it.
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