3 years ago, I co-founded my first business
Today, we crossed $13,000,000 in revenue. Bootstrapped.
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
17 months ago, I co-founded my first business
Today, we crossed $5,000,000 in revenue with only 5 US full-time employees. Totally bootstrapped
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
Satya Nadella
– 10x’d Microsoft’s market cap from $300B to $2.75 TRILLION
– Made them leaders in cloud computing, business networks, and gaming.
And now put them in pole position in the AI race.
He’s a humble Indian boy who got rejected from IIT.
His story is wild. And full
Here's a day in the life of Brunello Cucinelli.
The man behind the multi-billion dollar quiet luxury sensation.
Sprint, rest, focus. And allocate time for distraction.
Today, we onboarded a 10/10 hire for Head of talent.
I knew I wanted to hire this person the first time I met her.
I've hired hundreds of people. Thousands of interviews.
Here's what all 10s have in common:
2 years ago, I co-founded my first business
Today, we crossed $9,000,000 in revenue with only 8 US full-time employees. Totally bootstrapped
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
Peter Thiel is the greatest recruiter of all time.
He hired Reid Hoffman, Sam Altman, David Sacks, and partnered with Elon Musk.
Here are the questions he asks to pick 10/10 people 🧵
We just crossed $6,000,000 in ARR.
100% bootstrapped. Only 5 US full-time employees. 21 months after launch.
Here are my top 11 learnings on growing a startup 👇🧵
In 2021, I co-founded my first business.
Today, we crossed $10,000,000 in revenue with only 8 US full-time employees. 100% bootstrapped.
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
19 months ago, I co-founded my first business
We recently shot past $5,000,000 in revenue with only 5 US full-time employees. Totally bootstrapped
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
Charlie Munger learned so much from a book that he gave the author a share of Berkshire Class stock as thanks.
That share is worth > $500k today.
The author was Robert Cialdini.
I read his book that wowed Charlie Munger.
It’s priceless for marketing in business (and life)
Steve Schwarzman started Blackstone in 1985 with a $400k initial investment.
Last year, they crossed $1 TRILLION under management.
Here's what he says about hiring 10s
99% of businesses grow too slowly because founders insist on doing everything themselves.
As a CEO and mom of two young kids, I don't have a choice: I have to delegate.
Here are the 7 Tasks I've delegated to grow past $5MM in annual revenue this year🧵👇
Today, I met a 10/10 candidate for a leadership role I'm trying to fill.
I've hired hundreds of people. Thousands of interviews.
Here's all 10s have in common:
Little delegation hack (stolen from Sam Corcos, who shared it in the Hampton community) that I just tried and immediately loved:
For any task you delegate, have the person record a 3 min video of how they do it.
Let's do it with a real example:
We are hiring a Marketing lead
Hire an executive assistant before you think you need one - and offshore
When we can’t release control, we operate from a place of fear. Fear is not how you want to run your business.
By hiring an EA you’ll free up so much of your time, which is truly our most valuable asset.
How a mom, wife, and first-time founder/CEO built a startup to $6,000,000 in revenue with only 5 US full-time employees.
No investors. No loans. No debt.
Completely bootstrapped.
Here's how I did it:
Spend 20% of your time recruiting, even when you’re not hiring
Network before roles become available. When you have an open position, it will let you
1) hire faster
2) hire better
3) get more candidates referred
Actively recruiting is a growth hack.
Claude AI is my new favorite.
Just uploaded a CSV with a bunch of data. Then ask simple questions like "what is a good indicator that a customer will expand to multiple subscriptions".
The answer (see screenshot) is shockingly good. Found clear correlations and provided a
1. Extremely high agency
10s can sense problems, sniff out the opportunities, design solutions and proactively change the course of where a company is headed.
10s always make it rain.
Bad hiring could kill your startup. I experienced this first hand.
But after interviewing 10,000+ people, I identified 7 traits you should look for when hiring:
Two college friends turned a $10 domain name into 25 BILLION dollars.
Completely bootstrapped.
From $0 to $400 million in revenue in 9 years.
And now, going toe-to-toe with Amazon.
Here’s the story 👇
Be mindful about shutting down for the day
Loving your work-from-home job has some issues
• No transition between work and family time
• Easy to forget breaks
• No time for exercise
Use a daily ritual like taking a 10-minute walk to close out and transition out of work mode
Build time for communication in your calendar
Email and Slack need to be built into my calendar.
When they aren’t, I find myself in back-to-back meetings, by 5pm I have 200 emails to review. That is not sustainable.
Time-blocking is essential when you manage big teams.
Uber Maps reduces rider anxiety while you wait.
Meal kits work because we feel like we're cooking.
Planes can't go 10x faster. But flights can be 10x more fun.
Perceived value IS value.
I listened to Rory Sutherland's brilliant talks on marketing.
Here are the highlights.
Coach the sprinters
Naturally, I'm a sprinter. I get a lot done in a series of sprints. But as a CEO, I also need to be a marathoner who can pace and map the full race course.
Now, I grow my business by coaching a team of sprinters.
Treat people with dignity.
• Pay on the high end of wages and bonuses
• Focus on personal and professional growth
• Offer PTO and healthcare
Treat people the way you'd like to be treated.
Twitter is great for marketing
We haven't spent a single dollar on advertising. Twitter, referrals, and networking drive 100% of our growth.
Use social media to grow your business without spending a ton on ads (and use a GrowthAssistant to do it!).
Last week, I met a 10/10 candidate for a leadership role I'm trying to fill.
I've hired hundreds of people. Thousands of interviews.
Here's what all 10s have in common:
99% of businesses grow too slowly because founders insist on doing everything themselves.
As a CEO and mom of two young kids, I don't have a choice: I have to delegate.
Here are the 7 Tasks I've delegated to grow past $5MM in annual revenue this year🧵👇
Today, a 21 year old marketer on our team asked me for career advice.
He’s great. Smart. Hard working. Accountable.
And hungry for growth.
Here's what I told him:
I've listened to hundreds of CEOs talk about their routines.
But no one beats Benjamin Franklin -
Simple, focused, structured (with an allocation for distraction)
Elon claimed "xAI will win" on Lex Fridman last week.
Grok 2.0 just dropped.
It blows Chat GPT and Claude out of the water.
Here are the wildest examples:
Your first team members don't need to be onshore
Our first 5 hires were offshore. We crossed 3 million in revenue before our first full-time US hire.
Now, we still hire at least 3 offshore for every stateside team member.
Uber Maps reduces rider anxiety while you wait.
Meal kits work because we feel like we're cooking.
Planes can't go 10x faster. But flights can be 10x more fun.
Perceived value IS value.
I listened to Rory Sutherland's brilliant talks on marketing.
Here are the highlights.
In 2015, Notion almost died.
The founders moved from SF to Kyoto, Japan so they could build in peace.
Last year, they did $119.4M in revenue.
And hit $10 BILLION in valuation.
How?
Two things:
1. Focused Product
2. Community-led growth
Bookmark this one 👇
Ivan Zhao and
3 years ago, I co-founded my first business
Recently, we crossed $13,000,000 in revenue. Bootstrapped.
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 7 learnings on leadership, entrepreneurship, and startups 👇🧵
Focus on keeping people happy
Our main driver for success is keeping people happy. It's a key part of our company culture and I personally get involved to make sure everyone's happy with their job (our talent) or GrowthAssistant (our clients)
Happy people accelerate growth.
Keep your company top of mind
We send emails to all our past and current clients at least monthly. They aren't too salesy; just a few available GrowthAssistants and growth hacks
It’s driven over 100K MRR this year!
Two best friends took over a failing barbershop to escape the rat race.
10 years later, their company has raised $100,000,000.
And it's worth three-quarters of a billion.
Buckle up for this one 👇
It's 2010. Dave Salvant (a JP Morgan banker) and Songe LaRon (a Yale lawyer)
Building your startup is a roller-coaster
99% of the time: You’re LOST!
As a mom, wife, and first-time CEO I wish I had a cheatsheet for startups
So I wrote one...
Here are 9 lessons that helped me go from $0 to $5,000,000+ in just 18 months 👇🏻🧵
AirBnB lost 70% of their business overnight due to Covid.
Everyone thought they would die.
But Brian Chesky executed an epic turnaround.
They did $10B in revenue last year. And Brian became one of the most celebrated CEOs of all time.
Here's how he did it 🧵
5. They've experienced burnout
And they know how to deal with it.
They can tell you the story of when it was too much without it being someone else's fault.
They recognize their missteps and will tell you EXACTLY what they need to avoid it.
I asked a mastermind of Shopify store owners making $2,000,000+
"What’s one tool or service you can't live without?"
Here are the 8 every store must know 👇👇
3. They can wear many hats at once
In a startup, you will often be stretched beyond your particular role.
Recognizing where you're not very adept but also being willing to learn and act is a huge advantage.
In the last 34 months, we’ve grown Growth Assistant to $12,000,000 in annual revenue.
Feb 2021: $0K
Feb 2022: $3M ARR
Dec 2022: $6M ARR
Dec 2023: $12M ARR
This is the simple idea we turned into a multi-million dollar business + 4 learnings:
Skilled employees are wasting
We are at around $10M ARR. A lot of it came by reaching out to our existing clients in a non-salesy way.
Here’s how you can do the same.
Our full playbook: Identify new sales opportunities with existing clients without being overly salesy 👇
Elon Musk's algorithm for building great products.
Lessons he learned from production hell in Tesla, disasters at SpaceX and more.
From his biography by Walter Isaacson
My feed is filled with men bragging about how they are winning.
Women don't share/brag. Let's normalize women being able to talk about their accomplishments too🏆.
Ladies, post your best '22 accomplishment below📢!
4. Hyper-competence
Getting work done is not enough. The candidate should be a complete expert in the domain.
Put out only great work. Be consistent and reliable. And own the outcome.
If you enjoyed this thread, follow me
@aschwags3
I’ll be sharing lessons about leadership, global remote teams, and entrepreneurship I learned from growing
@growthassistant
to $5MM and beyond
1) Tenacity is the most important trait for building a company.
It is not intelligence, creativity or salesmanship, but sheer determination.
Wake up every day and push the ball forward.
Being a first-time founder is hard.
It comes with constant doubt and is an emotional rollercoaster.
What’s the ONE advice you would give a first-time founder?
My first year of entrepreneurship was a Dream!
$3M in ARR after 1 year.
Then in Q2 last year, everything stalled. I felt sick to my stomach. The dashboards I loved were now betraying me.
I asked myself: Am I just a fraud?
Here are the mistakes I made and what I learned:
🧵
Focus on community, even with remote teams
Screen for people with a community mindset from the first interview. Working remotely doesn’t mean they want to work quietly in a dark room.
Our GAs coach each other, offer advice, share tips and tricks, and cheer on one another.
I just heard the best breakdown of product market fit I've ever come across.
Lenny sat down with Todd Jacobs who ran product at Google, Meta and Twitter.
Here's what you need to know:
What matters for product market fit is - demand, satisfaction, and efficiency.
Demand and
Meal kits work because we feel like we're cooking.
Planes can't go 10x faster, but flights can be 10x more fun.
Perceived value IS value.
I listened to Rory Sutherland's talks on marketing. Here are the highlights.
1. The value of a product is about more than its quality.
Amazon just dropped Rufus, its AI-powered shopping assistant.
This will change e-commerce forever.
Every company needs to take notice.
Here's what you need to know:
1. Product Research Assistance
It's trained on Amazon's product catalog and customer reviews to answer
Uber Maps reduces rider anxiety while you wait.
Meal kits work because we feel like we're cooking.
Planes can't go 10x faster. But flights can be 10x more fun.
Perceived value IS value.
I listened to Rory Sutherland's brilliant talks on marketing.
Here are the highlights.
Two college friends turned a $10 domain name into an e-commerce legend doing $12 BILLION in revenue.
And now, going toe-to-toe with Amazon.
Here’s the story 👇
Niraj Shah and Steve Conine became best friends at Cornell engineering in the late 90s.
Both had entrepreneurial
GrowthAssistant hit $12,000,000 ARR last year.
This year, we'll cross $20,000,000.
Our systems are our failsafes.
Here are all the tools we use to operate and scale
I hired my first Virtual Assistant 12 months ago.
Since then she’s helped me,
- Be a better mother
- Save 20 hours per week
- Leverage my time as a CEO
Here’s how a CEO of a $5M+ ARR company utilizes a VA:
3 years ago, I co-founded my first business
Today, we crossed $15,000,000 in ARR. Bootstrapped.
I’m a mom, wife, and now a first-time founder/CEO
Here are my top 11 learnings on leadership, entrepreneurship, and startups 👇🧵
Starting a business was painful. As a first-time founder, I felt lost.
Yet, we just reached $12,000,000 in annual revenue. Totally bootstrapped.
Here are my top 15 lessons about leadership I learned the hard way:
👇🧵
2) Competition is usually a sign you picked a good market - but don't obsess over competitors.
At most, they are a source of data about your customers' needs. Obsess over your customer.
I plan to double revenue this year. $7M to over $15M ARR.
But there's a problem: Churn
As I ran the numbers, Churn will get out of control.
So I turned to data and found a solution: a winning segment.
And I'll share in detail how we found it!
Here's the step-by-step guide:
After Harvard, Jamie Dimon rejected Goldman to work for Sandy Weill at Amex.
It was an insane bet.
15 years later, their partnership created CitiGroup.
It’s a wild story. Full of lessons.
Here are the highlights 👇
When Dimon finished HBS and was contemplating which job to
Every Sunday I prep myself for the week ahead.
Here's what a week in the life of a CEO looks like:
Sunday
Work hours: 12-4
My week starts on Sunday. If I get the setup wrong, it all goes wrong.
A few priorities are:
> Urgent/Important emails (I find CEOs respond very
Starting a business is gut-wrenching. As a first-time founder, I felt lost.
Yet, we crossed $6,000,000 in annual revenue - within just two years. 100% bootstrapped.
Here are my top 15 lessons about leadership and startups I learned the hard way:
👇🧵
The largest consulting firms in the world have 100K+ employees and still generate billions in profit each year.
How do they do it?
They rely HEAVILY on specialized talent from around the world to deliver work for multi-million $$ projects.
This is the secret to their success:
Yesterday, Warren Buffet sent out his annual letter.
He started it with an homage to Charlie Munger. His partner for half a century.
Here are 99 quotes to live by from the Architect of Berkshire Hathaway
1. The way to live a good life is to write your obituary and live it
In 2015, Notion almost died.
The founders moved from SF to Kyoto, Japan so they could build in peace.
Last year, they did $119.4M in revenue.
And hit $10 BILLION in valuation.
How?
Two things:
1. Focused Product
2. Community-led growth
Bookmark this one 👇
Ivan Zhao and
The hardest thing for me to get right as a first-time Founder/CEO?
Effective delegation.
But I learned. And I now run a team of 50+ between the PH and USA.
I swear by two tools to help me to do it
1. Leadership Ladders
2. Task Relevant Maturity
Here's the breakdown
First