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Business
Jim Huffman
What would you do if you were starting today? To help, here are half-baked startup ideas, growth marketing tactics, and stories from founders and creators - including my own journey as a bootstrapped business owner. All of the content is centered around helping founders, creators, and investors starting today.
How to Take Over the World with Ben Wilson (#43)
In today’s podcast episode, you’ll hear from Ben Wilson, who has his own podcast: How to Take Over the World. Listen in to hear about the energy, charisma, and common traits of people like Jobs, Edison, Napoleon, and Alexander the Great.Topics Discussed in Today’s Episode:How Ben came up with the name and concept of his podcastTraits you need to have to take over the worldThe energy of the people who are the best in their fieldsHow to maximize where energy goesThe function of charismaWhat it means to be half-insider half-outsiderAn unexpected common trait among leadersHalf-baked startup ideas that Ben hasThe nicest thing someone has done for Ben in his professional careerResources:How to Take Over the WorldJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
42:5304/10/2021
The Ladders of Wealth Creation: A Step-by-Step Roadmap to Building Wealth (#42)
In today’s episode, we discuss an iconic blog post from Nathan Barry - The Ladders of Wealth Creation: a Step-by-Step Roadmap to Building Wealth. Topics Discussed in Today’s Episode:Who Nathan Barry and his path to creating ConvertKitThe main takeaways from the blog postWhat is the Ladder of Wealth CreationHow building wealth as a skillInvesting your time in wealth creation or wealth creation skillsWhy SAAS companies should have their own ladderDisagreements with the author’s workWhy this is an iconic readWho should read this blog post and whenResources:The Ladders of Wealth Creation: a Step-by-Step Roadmap to Building WealthJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
26:3627/09/2021
Nathan Barry: How to Bootstrap a Company to $30M in a Crowded Market (#41)
Nathan Barry is the CEO of ConvertKit, an email service provider that's gone from idea to $30M in ARR with zero funding.Topics Discussed in Today’s Episode:Nathan’s explains his framework: Ladders of Wealth CreationShould you start something yourself or acquire a businessWhy you should focus on a small niche when competing against a powerful incumbentHow he has grown ConvertKit from idea to $30M ARRHow he approaches capital allocation and leverage as a bootstrapped ownerHow to attract talented people when you have less money to offerWhat aged well and what didn't with Nathan's book Authority Resources:Nathan BarryConvertKitAuthority Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
57:4420/09/2021
Miguel Fernandez: What It's Like to Have $280M in Your Bank Account (#40)
In today’s episode, Miguel Fernandez talks about Capchase and how he was able to raise over $280M.Topics Discussed in Today’s Episode:What problem Miguel wanted to solve with Capchase and whyWhat the people who borrow from Capchase use the money forAdvice for bootstrap founders that are worried about raising moneyHow Miguel approached growing at such a large scale so quicklyWhat makes Miguel good at salesMiguel’s half-baked startup ideasThe nicest thing anyone has done for Miguel in his professional careerResources:Miguel FernandezCapchaseJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
39:4513/09/2021
Charles Myslinsky: What It's Like Selling a Company to Wal-Mart for $3.3B (#39)
In today’s conversation, we talk about with Charles Myslinsky about how to choose the right path to go down, whether the windfall from Wal-Mart changed his life, and what changes so that the timing of a project goes from wrong to right.Topics Discussed in Today’s Episode:The right path to go down when it comes to ventures that could be rocket shipsWhether the windfall from the Wal-Mart sale was life-changingLessons learned from working with Marc LoreHis half-baked startup ideasHow to define product and what Charles’s job title meansHow the CEO of Ojo decided he wanted the company to be product-ledWhere Ojo is goingThe nicest thing anyone has done for Charles in his professional careerResources:Charles MyslinskyOjoJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
01:01:2907/09/2021
David C. Baker: The Consultant's Consultant on How to Be An Expert (#38)
In today’s episode, you’ll hear from David C. Baker, author of The Business of Expertise. Listen to learn about the tactics that can help you stay in the category of a thought leader or a decision-maker, the mistakes people make when positioning an agency, and how you should be thinking about pricing for your agency.Topics Discussed in Today’s Episode:The difference between being a decision-maker and an order-takerTactics to stay in the category of a thought leader or decision-makerMistakes in positioning an agencyExamples of how people starting today should focus their positioningWhy you should start with strategy and not executionHow you should price your services as an agencyA good margin for an agencyThe right size for an agency and the return for selling an agencyHow someone who wants to be a thought leader should think about contentDavid's half-baked startup ideasResources:David C. BakerThe Business of Expertise2BobsJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
51:3030/08/2021
Lazy Leadership by Andrew Wilkinson (Iconic Reads) (#37)
Can you be a leader and be lazy with your time and personal contribution to the workplace? Today’s episode is about an iconic read, in this case, a blog post by Andrew Wilkinson. In the post Lazy Leadership, he discusses delegation, building a machine, and working smarter instead of harder. Listen to the episode for a discussion about the blog post including the overall messages of the post, the best quotes from the post, and who needs to read this post the most. Topics Discussed in Today’s Episode:What “Iconic Reads” is all aboutWho is Andrew Wilkinson?What does “Lazy Leadership” mean and the main takeawaysBest quotes from the blog postWhat we agree and disagree with about this blog postWhy this is an iconic readWho should read this blog post?Resources:Lazy Leadership by Andrew WilkinsonAndrew WilkinsonJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
26:4523/08/2021
Eric Jorgenson: Writing the Almanack of Naval and 4 Types of Leverage Founders Need to Know About (#36)
What are the four types of leverage? How can you use them to grow a business or grow your career? Today’s guest is Eric Jorgenson,author of the book The Almanack of Naval Ravikant: A Guide to Wealth and Happiness. Listen to the episode to hear what Eric has to say about working with Naval, understanding and using the different types of leverage, and where to get started with a new idea.Topics Discussed in Today’s Episode:How Eric’s book with Naval came to beThe 4 different types of leverageWhere to get started with leverage as a business ownerEric’s half-baked ideasThe nicest thing anyone has done for Eric in his careerWhere to find EricResources:Eric JorgensonThe Almanack of NavalJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
58:5616/08/2021
The Hack I Use to Manage My Week (and Get Sh*t Done)(#35)
My week doesn't start on Monday. It starts Sunday night when I do my weekly planning. I outline what I need to accomplish for this week to be successful and what I should not do. Here is how I attempt to avoid the fire drills that kill a calendar so I can focus on the high impact items. Resources:Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
06:4212/08/2021
Aman Advani: How this MIT Grad Launched an 8 Figure Brand (#34)
Business suits are a necessity for some, but they aren’t necessarily a comfortable or high-performance choice, and many men don’t like them. Today’s guest surprised himself and his family by going into men’s fashion to design comfortable, science-backed clothing for these kinds of situations. Aman Advani is the CEO of Ministry of Supply, a Boston-based clothing company specializing in comfortable clothes. Listen in to hear what Aman has to say about identifying pain points, what it means to tweak a product, and how to make a splash with a launch.Topics Discussed in Today’s Episode:How Aman got into the men’s fashion spaceHow Aman identified a pain point and decided to flesh out the ideaAdvice for looking for a partnerHow Aman started on proving tractionAdvice for making a splash with a launchTactics or hacks that worked from a growth standardWhat Aman sees in the future of fashionAdvice for entrepreneurs starting todaySkills Aman has had to acquire or let go of as a CEOAman’s half-baked startup ideasResources:Aman AdvaniMinistry of SupplyJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
38:0809/08/2021
How to Grow a D2C Brand (22 Lessons Learned from 150 Startups) (#33)
How do you grow a D2C brand from idea to 8 figures?After working with 100+ brands at my growth agency, I have seen some raise $80M and others go on Shark Tank.Here are the 22 things to do if you want to guarantee success.Get the Product Right. If Not, Nothing Matters.Launch on the Back of Your Flagship ProductSolve a Real ProblemFocus on a Specific PersonaGet the Business Model RightCreate a MovementCreate (and Own) Your CategoryPick a Fight with the Status QuoBuild a Community EarlyA Cool Product Isn't Enough. Test Activation Tactics.Turn Your Customers into MarketersInvest Early in Organic TrafficRetention is the New CACCustomer Service as MarketingBuild Your Growth Strategy Around Seasonal Dips & SpikesFacebook / Instagram Ad TipsGoogle Ad TipsDon’t Reinvent the Wheel with Your Tech StackKnow Your Unit Economics, Then ScaleInvest in CRO to Unlock GrowthYour Pre-Launch Strategy Gives You an Unfair AdvantageContinue to Learn from the BestResources:How to Grow a D2C Startup (Tweet Storm)How to Grow a D2C Brand (A 22 Step Process)Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
25:2705/08/2021
Charlie Givens: Launching a Fitness Startup & Half-Baked Startup Ideas in Sports (#32)
One of the types of businesses that saw the most disruption during the pandemic was gyms. So as people start resuming their normal activities to the extent that seems worthwhile to them, how can you create a workout experience that they’ll gravitate toward? Charlie Givens, the founder of PowderHeart, has ideas about the importance of culture and a unique experience in fitness. Listen in to hear what Charlie has to say about how he got people in the door, what made him want to create a fitness experience, and what Charlie has learned from his own father over the years.Topics Discussed in Today’s Episode:What PowderHeart is and how Charlie thought of itHow Charlie got the first people in the doorWhat the pandemic experience was like for CharlieAdvice or observations that Charlie has taken from his own fatherWhat working with Bumble was likeStarting an agency for fringe sportsHow to monetize pickleballWhen Charlie decided that he peaked in high schoolThe nicest thing someone has done for Charlie during his careerResources:Charlie GivensPowderHeartJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
46:2602/08/2021
How to Make a Growth Plan by Spying on Competitors with These Free Tools (#31)
Want to build a growth strategy but don't know where to start? Before you do anything you need to understand the competitive landscape to see what your competitors are doing and what they're not doing.In this episode, I talk about the four free tools you can use to understand where your competitors get traffic, what their ads and emails look like, and how they turn visitors into customers on their website. Resources:How to Spy on Tour CompetitorsMailChartsSimilarWebSEMRushFacebook Ad LibraryJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
14:0729/07/2021
Yonathan Ayenew: Frameworks & Tactics to Make You Insanely Productive as a Founder (#30)
If you want to be a successful founder, you will need to be productive. So what can you do to make yourself more productive? In today’s episode, you’re going to hear a conversation about productivity, habits, and goals that can help you discover what it is you need to do to be a more productive person and a founder.Topics Discussed in Today’s Episode:Defining productivityHow to be more productiveWhat it means to choose a systemHow to figure out what to focus onWhat time-blocking is all aboutWhat to do when time-blockingThe morning routineTying a good habit with something elseApproaching the process of laying out goalsResources:Effective ExecutiveGetting Things Done7 Habits of Highly Effective PeopleBullet JournalDeep WorkJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
25:1026/07/2021
Why I'm Investing $80k in These 4 Things to Accelerate My Career (#29)
Are you listening to lots of podcasts but not really retaining any information? If so, here are some ways I am looking to learn by putting knowledge into action. It's costing me $80k but I hope to make an ROI on it. The list includes angel investing, joining a board as a director, joining a paid mastermind or founder organization, and hiring a business consultant. Learn what I am trying to get out of it and why I am happy to pay for it.Resources:Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
08:4722/07/2021
Josh Little: A Framework for Coming Up with Startup Ideas (#28)
What stands at the intersection of Slack and Zoom? The answer is Volley: a messaging app that gives users all of the richness of video with the asynchronous flexibility of text. Listen in to today’s interview with Josh Little, founder and CEO of Volley. You’ll learn about proving traction, building the product that you’re going to market, and getting the company to the next level, plus some new startup ideas. Topics Discussed in Today’s Episode:How Josh got onto an entrepreneurial pathThe process of looking through ideas and choosing oneHow he launched VolleyHow Josh knew he had tractionWhere Volley is right now in terms of the future and growthChannels or tactics to get a company to the next levelJosh offers 5+ Startup ideasWhat Josh would do if he was starting todayResources:Josh LittleVolleyJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
50:1219/07/2021
A Personal Update on My Company in 2021 (#27)
It's July 2021 as I record this so here is a mid-year update on my company GrowthHit. Today I discuss the following: A financial update on GrowthHitThe good things happening at my companyThe tough things that come with growing painsThe questions I have as a bootstrapped CEOWhat's ahead for the rest of the yearResources:The Hardest Day of My CareerJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
14:5315/07/2021
Brian Lockard: Making $1.5M in 7 Days Launching His Shoe Brand (#26)
Imagine launching a brand and making a million in sales in just a week. In today’s episode, you’ll hear from Brian Lockard, who launched a brand that aims to bring nurses shoes that make them feel like the respected professionals they are. Listen to the episode to hear what Brian has to say about founding BALA shoes: why he decided to market to nurses specifically, what it was like to go in on the brand 100%, and what Brian is doing to reach the next level of growth.Topics Discussed in Today’s Episode:How Brian came up with the idea for BALA nursing shoesWhy Brian selected nurses as a market instead of going more broadlyHow Brian approached his finances when he was starting upThe influence that working at Nike had on the BALA When Brian started to see that they had a product that people wantedHow BALA’s launch aligns with the narrative about fundraisingHow Brian came up with the name BALAThe most unexpected challenge Brian has hadBrian’s favorite toolsAdvice Brian would give to a D2C founder starting todayThe nicest thing anyone has done for Brian in his careerResources:Brian LockardBALAJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
38:1812/07/2021
Louis Nicholls: Growing SparkLoop and A Startup Idea Brainstorm (#25)
Referral programs sound good, but how do you make them work? That’s something that today’s guest can talk about with authority. Louis Nicholls is the CEO and co-founder of SparkLoops, a referral tool for newsletter growth. Listen to today’s interview as Louis discusses some advice for launching a referral program, creative things to try with a referral program, and what prompted the idea for SparkLoop in the first place. Topics Discussed in Today’s Episode:What SparkLoop doesAdvice for launching a referral programCreative things to try with a referral programJames Clear’s referral programWhere the idea for SparkLoop fromThe baby steps to get tractionWhen to go all inThe key drivers of growth for SparkLoopHalf-baked ideas that Louis likesAdvice Louis would give on starting a courseWhat helped SparkLoop get to its level of scaleThe nicest thing someone has done for LouisResources:Louis NichollsSparkLoopLouis on TwitterJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
34:1506/07/2021
Yve-Car Momperousse: How Shark Tank Catapulted this Brand to Millions (#24)
Imagine wanting to solve a problem that you are having, then having your efforts turn into a brand that's featured on Shark Tank. That’s what happened to today’s guest, Yve-Car Momperousse. Listen to today’s interview to hear what Yve-Car has to say about how Kreyol Essence was born and started gaining traction, how to build communities and market within them, and deciding where your brand goes next. Topics Discussed in Today’s Episode:What gave Yve-Car the idea for Kreyol EssenceHow Kreyol Essence started getting tractionFinding an audienceWhat getting traction does for your mindsetAdvice for people who want to build a community and market that wayHow the brand got onto Shark TankWhat Shark Tank did for the brandNavigating where to take your brand nextHow it’s been to run a business with a significant otherExpanding and introducing new products in a brand that was launched on a flagship productThe nicest thing that someone’s done for Yve-Car in her professional careerResources:Yve-Car MomperousseYve-Car on InstagramKreyol EssenceJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
49:2428/06/2021
How to Build Culture With Small Tweaks to Your Day-to-Day (#23)
In this episode, I talk about how you can build a culture you're proud of with small tweaks to how you communicate to your team and how you run your meetings. Hope you enjoy today's episode. RESOURCES:What You Do is Who You AreJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
09:0224/06/2021
Yonathan Ayenew: 9 Innovative Startups and Why We Think They'll Work (#22)
There are so many startups out there. How can you know which ones you should keep an eye on? In today’s episode, we’ll talk about some of the ones that are high up on our radar. Listen in to hear about some of the top startups that have caught our attention and why we’re keeping an eye on them. Topics Discussed in Today’s Episode:Psychiatric help and prescriptions onlineWhat kind of pain point is solved by online D2C psychiatric helpPersonalized allergy relief startup by PicnicGetting money for your startup with MainStreetBillo helps e-commerce companies make ad videosReady-made StoryBrand websites at One Week WebsiteBrex started as a startup targeting startupsBitClout is a cryptocurrency created for the general publicPrivacy allows for the creation of single-use cardsThe use cases for PrivacyTelegram is used for messaging, document and image sharing, and moreThe way people order cars these daysResources:LinaPicnicMainStreetBilloOne Week WebsiteBrexBitCloutPrivacyTelegramJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
24:2021/06/2021
What's Your By-Product and How to Monetize It (#21)
A by-product is a secondary product made in the manufacture of something else. The lumber yard has sawdust as their by-product. It’s obvious because it literally piles up. A by-product is much harder to spot when you work in the digital space.In this episode, I talk about how to find your by-product and give examples of by-products for other companies.RESOURCES:What's Your By-ProductJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
06:5617/06/2021
Isaac Kato on How to Decide What To Work On, Selling Startups, & Raising $200M (#20)
What does a startup accelerator do and why does a founder or founding team need one? Today, you’ll find out as you listen to an interview with Isaac Kato, managing director at Techstars Seattle. Listen in to learn what a startup accelerator actually does, why founders want it, and what founders can do to pique the interest of a startup accelerator like Techstars.Topics Discussed in Today’s Episode:Isaac’s role and backgroundWhat a startup accelerator isThe main selling point of a startup accelerator for foundersWhat someone can do to stand out with their ideaThe questions answered by traction and what kind of traction Techstars is looking forFounder/market fitIndustries that Isaac is interested inApplications of virtual worldsIsaac’s experience with Stanford and HarvardWhat Isaac is thinking about as he takes on new thingsIsaac’s work in IcelandHelping founders with critical thinkingResources:Isaac KatoIsaac on TwitterTechstars Seattle AcceleratorJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
52:4814/06/2021
How to Hire "A Players" (or a Co-Founder) With One Strategy (#19)
How do you find the right employee or co-founder that could take your business to the next level? By working in public and showing my work, I have been able to use to find my top hires. Here are some tips on how I show our culture to get the right people to come to us. Hopefully, it can help you. Resources:Show Your WorkWhat You Do Is Who You AreJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
08:2710/06/2021
Billy Bateman on When to Go All-In on Your Startup Idea (#18)
Listen in to hear what Billy has to say about getting started on his path, the mindset of a startup, and his company’s current size and growth.Topics Discussed in Today’s Episode:How Billy started his company and got on the path he’s on nowThe rise and fall of Billy's side project that got killed by the government What success does for your mindsetThe use case for a chatbotHow the company’s customer intelligence inform building new productsWhen it made sense to go all in and investAdvice for B2B SAAS companies for virtual events and setting big goalsHow to leverage your networkEvolving from demos to free trialsBilly’s half-baked startup ideasThe nicest thing anyone has done for Billy in his professional careerResources:Billy BatemanChatFunnelsJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
38:2907/06/2021
What's Your "Money Number" as a Founder or Startup Employee (#17)
What's your number? Do you know what you're working towards and how much money you want in the bank? Here is the framework I use to answer that question:First, here are three simple options for how to think about income:Option 1: Break-EvenOption 2: I’m Feeling ComfortableOption 3: F-You MoneySecond, What are your options for hitting your number? Obviously, there are lots more than the three but I am laying out three scenarios for income. Scenario 1: The Employee with Golden OptionsScenario 2: The VC-Backed Founder with an Exit PlanScenario 3: The Bootstrapped Founders with Cash Flow DreamsFinally, how do you decide? The truth is that it's not about money but the life you want.RESOURCES:What's Your NumberJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
11:0503/06/2021
Rob Sobers on How to Pick a Startup that Plays on "Easy Mode" (#16)
Rob Sobers is a developer turned growth marketer. Today, he gives advice to first-time founders about the idea playing on easy mode. He breaks it down into the following 5 categories: B2B not B2CRecurring revenueSaaS not self-hostedEstablished tech stackMake your version of an existing productAt the end, he also talks about ideas he has if he was starting today. Playing on Easy ModeJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
45:4001/06/2021
How to Grow a Million Dollar Agency (A Step by Step Guide) (#15)
Are you starting an agency? Don't miss these tips from an agency owner that's built a 7 figure business. Jim talks about the following:What your agency should focus onWhy you should niche down right awayHow to price your servicesHow to manage your client communicationWhy you should focus on recurring work vs. project based workThe key to great work is in the onboarding RESOURCES:Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
18:1427/05/2021
How to Fire Yourself from Your Company and Hire a CEO (#14)
Do you have a company that runs itself? Learn how Chris was able to bootstrap his business to 8 figures. Then hear the steps he took to build a board of directors and to hire a professional CEO. Finally, Chris provides insights on how he invests his time and money in e-commerce and real estate. RESOURCES:Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
44:3624/05/2021
A Non-Visionary CEO on How to Steal Ideas (#13)
Jim breaks down how he had zero innovative ideas while building a 7 figure business. He talks about how he stole every single idea along the way and he gives credit to where those ideas came from. From jumping on the trend of "Growth Hacking" that was invented by Sean Ellis to stealing his long term vision of micro acquisition from Andrew Wilkerson at Meta Labs, Jim gives credit to all the companies and founders that innovated before him.Finally, hear about the 1 thing that actually matters to make all of this happen. RESOURCES:The Non-Visionary CEO on How to Steal Ideas (Blog post)Jim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
05:5620/05/2021
Andrew Gazdeki on Buying Startups with MicroAcquire and Selling his Business for Life-Changing Money (#12)
Listen in to today’s episode to hear Andrew Gazdeki discuss the startup opportunities that get the most demand, how he has grown MicroAcquire, and the impact journaling has had on his career.Topics Discussed in Today’s Episode:Andrew’s backgroundA summary of what MicroAcquire isWhat Andrew is seeing as far as the type of opportunities that get the most demandHow to think about founder/company fitHow to measure traction in a product marketMicroAcquire’s buyer poolThe growth of MicroAcquireAnnual subscriptionsCommunity as a channelMicroAcquire’s community group on FacebookHow Andrew grew a company and sold itWhy Andrew was interested in micro acquisitionsWhat Andrew is excited about right nowThe impact journaling has had on AndrewThe nicest thing anyone has done for Andrew professionallyResources:Andrew GazdeckiAndrew on TwitterMicroAcquireTED TalkJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
49:5817/05/2021
A Mental Model for Founders called "Playing Offense" (#11)
As a founder, what do you do on the days when the sky is falling? When times get tough I change my mindset to be proactive rather than reactive. While bad things happen to you, you still control your actions and your perspective. I start playing offense.I list out all the momentum we have at the company. Then I identify the positive things I can control. Hear about the framework I use to get my mind on the right track.RESOURCES:Playing Offense: A Mental Model for FoundersJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
05:3613/05/2021
Ryan Hamilton on his Netflix special, touring with Jerry Seinfeld, & how to write a joke (#10)
This episode features Ryan Hamilton, a standup comedian that's toured with Jerry Seinfeld, starred in his own Netflix's special and been on The Tonight Show with Jimmy Fallow and The Late Show with Stephen Colbert. Learn about his writing process and how we went from PR to comedian. Here are some highlights:What he learned touring with Jerry SeinfeldHow he went from PR to being a full time standup comedian in NYCRyan's process for writing a jokeAdvice he would give to any young comedian starting outRyan's half-baked startup ideas he would start todayRESOURCES:Ryan Hamilton WebsiteRyan Hamilton Instagram Happy Face on NetflixComedy CellarJim Huffman websiteJim's TwitterGrowthHitThe Growth Marketer's Playbook
01:05:2010/05/2021
The 20 Tools I Use to Power a 7 Figure Business (#9)
Here are the 20 tools I use to run my seven figure business. You can have the same tech stack for under $500. ONE MAN SALES MACHINETypeform - Free / $20Calendly - Free / $20Pipedrive - $19Zapier - FreeSuperHuman - $30Bonsai - $19QuickBooks / PayPalMARKETINGMailShake -$59 / monthCampaign Monitor - $80 monthJustUnoUpWork - design for content upgrades, building outreach database for partnership or potential leadsPROJECT MGMT TECH STACKSlack [Free]Zoom [Free] - $19 Asana [Paid] - $11 per userG Suite [Paid]Report Garden / Google Data Studio - $89CLIENT TOOLSGoogle OptimizeAds ManagerResearch Tools (SEMRush, SimilarWeb, SpyFu)MailCharts Resources:Jim Huffman blogTwitterGrowthHitThe Growth Marketer's Playbook
08:3306/05/2021
Advice from My Executive Coach (A Former Naval Officer and Microsoft Exec) (#8)
What does an executive coach do for their clients? You’ll learn more about that from today’s interview with Rick Maguire. Rick has a fascinating backstory, as he was a former Naval Officer who then became a Microsoft executive before becoming an executive coach. Listen in to learn how his Navy background translated in the rest of his career, what benefits his clients receive from coaching, and what kind of mistakes Rick sees in the course of his work. Topics Discussed in Today’s Episode:Rick’s ideal clientThe main benefits that Rick’s clients walk away withWhat Rick’s Navy experience was like and how it translated to the rest of his careerThe time period when Rick was at Microsoft and what the transition was likeWhat people get excited about when scaling upHow to figure out where to startCommon mistakes Rick seesWhere the leader’s time should be spentHalf-baked ideasHow to get in touch with RickResources:Rick MaguireFuturity ResourcesFuturity on TwitterJim Huffman blogTwitterGrowthHit
46:1103/05/2021
Why I'm Investing $25,000 in this Startup (#7)
After working with startups for 10 years, I’m getting into the check writing game. Here is why I'm doing angel investing:What is Angel investing? My investment advantage: Not the market, not real estate, startups?Why I like Bala Nursing Shoes:Riches in NichesProduct is a Painkiller (and not a vitamin)Not marketing to everyone (Know their persona)Proactive buyer (not passive)Community with high referral potentialHigh AOVHigh Repeat purchase (surprisingly, this one is better than I thought)Validated a ProductGrowth w/ no AdsA+ teamMy Concerns:Product Quality: The first 10,000 pairs of shoes arrive from China during a pandemic. They have been unable to have their own people on the ground to inspect the shoes. New Brand: Bala is doing everything for the first time and they have no trust from customers. Plus, they’re going head to head against big brands with big budgets.P&L Concerns: On average, the shoe industry has a high return rate of 20%. How will these guys fair? This business is very heavy on working capital and mismanagement of cash flows can kill growth and a business.Consumer Growth: Can they diversify their audience from the NurseLifeRN partnership and find scalable channels that are ROI positive? Repeatable and scalable growth only gets more and more expensive as companies get bigger.Team: This team has no startup experience. Can they handle “the unknown unknowns” while working in a remote world? We shall see.Resources:Why I'm Investing $25k in this StartupBala ShoesJim Huffman blogTwitterGrowthHit
18:0729/04/2021
A "Startup Idea" Brainstorm with a Growth Agency Partner (#6)
What startup would you start today? Yonathan Ayenew, COO of GrowthHit, brainstorms some half-baked startup ideas he would launch if he was starting today. In this episode we cover the following startup ideas:Our framework for vetting starting ideasThe "Roll Up" Business ModelWhen to buy vs. when to build a startupStartup ideas around exclusive inventory Humans replaced by AIWhy were hesitant on Ecommerce Productized services and moreRESOURCES:PeletonCopy.ai99DesignsJim Huffman blogTwitterGrowthHitThe Growth Marketer's Playbook
31:1926/04/2021
Mentor Hacking, How to Get Advice Without Needing a Mentor (#5)
Learn about 6 hacks for engineering a mentorship experience without needing an actual mentor. Welcome to mentor hacking. Here is what we'll cover in the episode. (1) Content Stalking a Person You AdmireSubscribe to their blog newsletterBuy their book on Audible and Blinkist (if they have one)Search for any recent podcast interviews they didFollow them on Twitter to get a feel for where their head is at(2) Three Levels of Reading Blinkist skim: I get the book summary (via Blinkist) in 15 minutes to learn the core principles and decide if I want to read the entire book. AudioBook: This is great for getting the details of the book when I don’t have the time to actually sit down and read. (This Dad / Founder thing can zap your schedule.)Paperback: If I really like a book then I get the paperback version to toss on my shelf. It’s nice to thumb through it and to have as a reminder to read it again. (3) Mentor Call Girls: Hey can I pay you $150 for 45 minutes of your time(4) A Phantom BoardExecutive CoachCMO of a publicly traded companyAnother Founder that's being doing it 4 years longer than me(5) Cold Outreach(6) Professional CommunitiesResources:Mentor HackingJim Huffman blogTwitterGrowthHitThe Growth Marketer's PlaybookBlinkistAudible
07:5122/04/2021
A VC's Advice for First Time Angel Investors (that Have No Money) (#4)
In this episode with Ben Yoskovitz, Founding Partner at Highline BETA, we talk about the following:His best selling book Lean Analytics and the opportunities that come with being an authorHis startup accelerator that lead to an acquisition with AirbnbHow startups and big companies can work togetherWhat traits he looks for in startup foundersAnd, most importantly, his advice for anyone that wants to do angel investing RESOURCES:Lean AnalyticsHighline BETAABOUT THE PODCASTJim Huffman blogTwitterGrowthHitThe Growth Marketer's Playbook
53:0819/04/2021
Why Your 1st Company Should NOT be a Tech Startup (and it should be this instead) (#3)
Do you want to launch a startup? Here are my thoughts on why you should not start a tech startup and why you should start an agency first. What are your options?Consulting ServiceProductize Service Sell Physical Product SaaS (Software as a Service)Why an agency is a bad idea? Not Scalable, People Heavy, & Low Exit Multiples Why it's a good idea?SPEED: You can start one today INVESTMENT: Requires no investment CASH FLOW MACHINE: If you run lean you can have great marginsYOUR LAUNCH PAD: Sets you up for future business acquisition or launches. INVESTMENT FUNDS: Build up Cash to invest in other peopleLEARNING: Exposure to multiple industries NETWORKING: Clients, Partnerships, HiringAbout the Podcast:Jim Huffman blogTwitterGrowthHit
09:1014/04/2021
How an Ex-Airbnb Hire Makes 6 Figures Working 1 Day Per Week (#2)
How do you go from a side-hustle to running a company full time, with only one day of work a week? Today’s guest is Tommy Griffith, the co-founder of ClickMinded. Listen to his story about how he went from being an Airbnb employee to making a 6-figure salary working only one day a week – mostly from places like Thailand and Hawaii. During the episode, Tommy talks about how he went all-in on ClickMinded, how the interpretation of risk matters to entrepreneurs and founders, and what Tommy would want to know and do if he had to start over today. Topics Discussed in Today’s Episode:How Tommy runs a 6 figure business working 1 day per weekThe difficulty of finding help for your company’s problemsHow Tommy went all-in on ClickMindedHis Interpretation of riskThe power of saying NOHow to decide if you should work for a VC-backed startup or start your own businessWhat Tommy would want to know if he were starting todayTommy's half-baked startup ideasThe best advice Tommy ever gotResources:Tommy GriffithClickMindedBurning the boatsTropical MBADerek SiversAbout the Podcast:Jim Huffman blogTwitterGrowthHit
01:08:4612/04/2021