Loved the video! Great breakdown of the process to go from idea to MVP. Curious to know what you did to service-ify before building your MVP and any important insights you learned from the process?
@jayhoovy How do you prevent a big indirect competitor like Shopify from creating a product that does what you do? Sort of like how FB will copy the hottest trend (tiktok) and implement features in IG to mirror it? Or how Amazon makes it own version of popular products on Amazon marketplace?
That’s so true,, finding a problem that you truly care about matters most.. the ideal type of startup is its founder is actually solving his own problems that he’s been painful for months or even years, so he basically knows the baseline of the problem, and how much efforts and time being spent on without expected result. He himself is the ICP.
Some of founders I knew never solve their own problems, which’s fine.. but they also don’t have intuitive thoughts on those problems he’s about to solve, which’s bad then.. so most of them everyday think hard to figure out the solution that solves problem he imagined but doesn’t actually exist within customers.
John you make outstanding videos. I love your channel so much. I am a psychologist and I really want to say that a lot of what you talk about can transfer to so many areas of people and their lives/careers!! You rock!! I can see you are a person of huge integrity and that means so much in a human being. In fact it's everything. I recently watched a video with your talking to Graham and wow it was outstanding! Have a fabulous day!! Cheers!! 🙂
Hey Christine - truly thank you so much for your kind words - I feel very seen by your comment. I try my best every day to live up to the integrity and values my mom instilled in me from a young age -- it's a difficult journey as things scale and more and more people throw things my way -- but it's the one I want to stay anchored to. And by the way, I wholeheartedly agree with your thought that the "entrepreneur's journey" is so applicable to so many other kinds of lives -- I think it's really just a medium to explore 1) who we are as people and 2) how we want to express ourselves and show up for others. Thanks again for tuning in!
[1:30] 💡 Ideation: Starting with a problem you deeply care about leads to more successful startup ideas, avoiding the pitfalls of passionless ventures like Google Glass. [5:15] 🎯 How To Land Your First Customers: Use the Dual Track method to validate your startup idea by engaging potential customers directly, turning their feedback into your business concept. [7:55] 💼 How To Get Your Business Off The Ground: Start with little to no money by serviceifying your idea, prototyping it, or just building it scrappily as exemplified by DoorDash and Airbnb. [12:41] 🚀 Building Your MVP: Focus on launching your Minimum Viable Product (MVP) quickly, refining based on early user feedback to avoid over-engineering your initial product.
As a creator/creative now diving into the world of tech startups, this video has been invaluable as I'm creating my first venture. Thank you John for mapping this out! I actually applied to work at STAN last year, and even though I got rejected, it was a great process being able to learn from that... almost believe it was meant to be. Learning a lot from your content, keep it up! I'd love to hear more about becoming the best CEO (people manager) and finding the balance between pushing for goals quickly while also not being perceived as highly ignorant to letting people live their lives. Thanks John!
Thanks for the kind words Freddy! And glad the videos are helping! Will make sure to work on a video that tries to walk through the nuances I've learned around ppl mgmt (though I'll be first to admit I'm still not very good at it!)
You are the man! Thank you for all of this, I went to UCLA for business school and you nailed this 100% to the tee. Thank you for all your hard work and dedication Jay!!
Awww appreciate you ThriveAhead! I get a lot of random mean comments, so seeing your comment really gave me the support I needed to see. Go Bruins! And wishing you a great week!
@@jayhoovy of course!! There is no place for negativity, people just don’t understand the value you provide for others and at the end of the day, people are always going to hate and it’s all jealousy. Keep grinding, you are doing great things for people!! I definitely appreciate all your work and earned my loyalty 💪
Hey Love, After 40 years of experience of online shopping and talking to customer service as the entry point of each brand to see hpw they handle refunds I can't stress enough how important an impeccable customer support and service team is to make the client feel like they're right even if they aren't and to agree to refund first and ask questions later. I'm always angry when someone asks me why I needed to cancel if I had to and see it as too personal.a question that's intrusive however I'm very happy to tell them the same answer after the money is back in my bank account in less than 2 days. ❤ You're welcome. Hope you don't have to ever issue a refund and I'm.sure you don't. Thank you for your work. Looking forward to Stan in India that would convert automatically to INR.
D'aww! Thank you so much for the encouragement Merzie! Definitely have been feeling a bit discouraged lately, but I'm trying my best to keep pushing every time with "how can I make this video even better for folks?"
@@jayhoovyYes, John! I've been desperately looking for great resources on how to properly conduct a user/customer interview. Could you make and publish a video on that, please?
@@jayhoovy It would be great to hear you talk more about the angel investing phase since that is what many of us are facing first and how you think about cap table management in that context, ie what number of smaller investors to bring on, their terms etc. Also, how did you think about valuation and check size at this stage. Hearing more about growth hacks such as affiliate rev sharing would also be valuable. But no stress, talk about it when you feel keen to. Make sure to get enough down time, and make sure to take the time to enjoy the ride.
Love this video , I have a question, i am at ideation stage and i would love to get a feedback from you about the idea . How can i do it and how to present that idea to you ?
Thanks for the great vid! Been following for quite a while and love your journey with Stan! Hope you can provide some insights on my current situation: This might sound counter intuitive, but I really want to start my own company, but I am unsure why I can't come up with a problem to solve? I currently work at a seed stage B2B SaaS company backed by prominent VCs and I get really cool insights on how to run a start-up and inspires me to start my own. However, I just simply can't think of a problem to solve? People tell me they have tons of things to solve but no time to do so. I try and think about my pain points at work, our customer's, but nothing has ignited me to start yet. Is it simply to "just wait" until it comes? Rather than try to find it?
It's a dual process of just wait (don't force it) - but also just keep iterating. You need to trust the creative process (it takes time). What are you passionate about? Follow that trail.
Great video but how do you earn a living while waiting to succeed? That is my only problem. I can code and do everything else but with money to earn a living it’s hard to escape the 9 to 5 as an engineer because at your current company you are likely doing so much already !
Love your videos! Been following your journey with Stan for some time! I would love to collaborate and be part of your think tank and help you make Stan a better product! Do you have somewhere I can provide input? I would love to do it for free :)
NEW YEAR NEW VIDEO‼️ Let me know your goals for this year👇
Loved the video! Great breakdown of the process to go from idea to MVP.
Curious to know what you did to service-ify before building your MVP and any important insights you learned from the process?
One of my Goal this year will be Meeting you In-Person...! 🤞🏻
Finally launch our start up. Starting with the AppStore. Thanks for the great content.
@jayhoovy How do you prevent a big indirect competitor like Shopify from creating a product that does what you do? Sort of like how FB will copy the hottest trend (tiktok) and implement features in IG to mirror it? Or how Amazon makes it own version of popular products on Amazon marketplace?
god it is amazing that you put out this kind of educational content for free. Bless your heart jay, It is so helpful to hear this in my 20s.
That’s so true,, finding a problem that you truly care about matters most.. the ideal type of startup is its founder is actually solving his own problems that he’s been painful for months or even years, so he basically knows the baseline of the problem, and how much efforts and time being spent on without expected result. He himself is the ICP.
Some of founders I knew never solve their own problems, which’s fine.. but they also don’t have intuitive thoughts on those problems he’s about to solve, which’s bad then.. so most of them everyday think hard to figure out the solution that solves problem he imagined but doesn’t actually exist within customers.
John you make outstanding videos. I love your channel so much. I am a psychologist and I really want to say that a lot of what you talk about can transfer to so many areas of people and their lives/careers!! You rock!! I can see you are a person of huge integrity and that means so much in a human being. In fact it's everything. I recently watched a video with your talking to Graham and wow it was outstanding! Have a fabulous day!! Cheers!! 🙂
Hey Christine - truly thank you so much for your kind words - I feel very seen by your comment. I try my best every day to live up to the integrity and values my mom instilled in me from a young age -- it's a difficult journey as things scale and more and more people throw things my way -- but it's the one I want to stay anchored to.
And by the way, I wholeheartedly agree with your thought that the "entrepreneur's journey" is so applicable to so many other kinds of lives -- I think it's really just a medium to explore 1) who we are as people and 2) how we want to express ourselves and show up for others.
Thanks again for tuning in!
[1:30] 💡 Ideation: Starting with a problem you deeply care about leads to more successful startup ideas, avoiding the pitfalls of passionless ventures like Google Glass.
[5:15] 🎯 How To Land Your First Customers: Use the Dual Track method to validate your startup idea by engaging potential customers directly, turning their feedback into your business concept.
[7:55] 💼 How To Get Your Business Off The Ground: Start with little to no money by serviceifying your idea, prototyping it, or just building it scrappily as exemplified by DoorDash and Airbnb.
[12:41] 🚀 Building Your MVP: Focus on launching your Minimum Viable Product (MVP) quickly, refining based on early user feedback to avoid over-engineering your initial product.
Your videos are amazing! Content + delivery are 10/10
Great advice! Your channel is seriously underrated, the content is both thorough and concise. Good luck with your company 👍
thank you jay! just starting my first business, very helpful for me ! keep up the great content!
Wow this was some wholefood meal in terms of Starting a Company...! Liked how you explained in an Playful Way and from an Founders Perspective...☺
Just trying my best to make hard business stuff as fun as possible! Thanks for hanging out and the kind words!
As a creator/creative now diving into the world of tech startups, this video has been invaluable as I'm creating my first venture. Thank you John for mapping this out! I actually applied to work at STAN last year, and even though I got rejected, it was a great process being able to learn from that... almost believe it was meant to be. Learning a lot from your content, keep it up!
I'd love to hear more about becoming the best CEO (people manager) and finding the balance between pushing for goals quickly while also not being perceived as highly ignorant to letting people live their lives. Thanks John!
Thanks for the kind words Freddy! And glad the videos are helping! Will make sure to work on a video that tries to walk through the nuances I've learned around ppl mgmt (though I'll be first to admit I'm still not very good at it!)
Massive value to viewers Jay! Been following you for a while now, love your channel 👊
Appreciate the sub Shasin! Thank you for the kind words
You are the man! Thank you for all of this, I went to UCLA for business school and you nailed this 100% to the tee. Thank you for all your hard work and dedication Jay!!
Awww appreciate you ThriveAhead! I get a lot of random mean comments, so seeing your comment really gave me the support I needed to see. Go Bruins! And wishing you a great week!
@@jayhoovy of course!! There is no place for negativity, people just don’t understand the value you provide for others and at the end of the day, people are always going to hate and it’s all jealousy. Keep grinding, you are doing great things for people!! I definitely appreciate all your work and earned my loyalty 💪
Hey Love, After 40 years of experience of online shopping and talking to customer service as the entry point of each brand to see hpw they handle refunds I can't stress enough how important an impeccable customer support and service team is to make the client feel like they're right even if they aren't and to agree to refund first and ask questions later. I'm always angry when someone asks me why I needed to cancel if I had to and see it as too personal.a question that's intrusive however I'm very happy to tell them the same answer after the money is back in my bank account in less than 2 days. ❤ You're welcome. Hope you don't have to ever issue a refund and I'm.sure you don't. Thank you for your work. Looking forward to Stan in India that would convert automatically to INR.
I’m 45 and starting new startup, this helps.
Good luck, man, you can do it! What problem are you solving?
Most helpful video I have seen for content creators on social media this week
Thank you so much, John! Your videos are helping me so much at my own startup.
Hands down my favourite UA-cam channel 🤩🤩
Hands down one of the best comments to ever get!! Thank you so much for the kind words and support Worrisson!!
Should be required viewing for high school students!
Love the entrepreneurial how to videos. This is good stuff.
Entrepreneurs, coaches, start ups Stan is where you need to be
appreciate you Sridhara!
Very informative, chill, and helpful video! Love your whole vibe man 🙌🏼💯💃🏼
Greater video I have ever seen to understand more deep
jay you are absolutely the man. thank you
WELL DONE i am starting a non profit victory garden project you have been an inspiration thank you
sales funnel baby! Sales Qual!
Your videos are awesome brother 💪 very inspiring, not to mention your startup grind 🤯 keep killing it 🫡
I appreciate that Devin!!! Thanks for the continued support🙌
Love this! What are your thoughts on "tarpit" ideas?
I read "watch this until you start a company in 2024". That title would suit the video as well👀💪
This was a great video. Later I will bring myself back to this page and watch it again
Actually AKA bro! Love it!
You end up getting a new office? Let’s get the tour!!
Love your content.
Tour coming soon👀
Your videos are getting better and better 💯👍 keep going and please do more business content it's really helpful, thank you 🙏❤️
D'aww! Thank you so much for the encouragement Merzie! Definitely have been feeling a bit discouraged lately, but I'm trying my best to keep pushing every time with "how can I make this video even better for folks?"
appriciate your hard work thanks
Great content!!!
Great video brother. Looking forward to checking out Stan!
A lot of hte adive you are giving reminds me alot of Michael Siebel from YC and twitch. You totally have that founder mentailty
This is some golden advice, thankyou dude💪💪💪💪
Thank you!!! Appreciate all the support🙏
Tnx dude
Great video John. Thanks for sharing these insights and great to see your business start to take off big time. Keep at it!
Thank you so much! Really appreciate the kind words. Any other insights/topics you want me to talk about??
@@jayhoovyYes, John! I've been desperately looking for great resources on how to properly conduct a user/customer interview. Could you make and publish a video on that, please?
@@jayhoovy It would be great to hear you talk more about the angel investing phase since that is what many of us are facing first and how you think about cap table management in that context, ie what number of smaller investors to bring on, their terms etc. Also, how did you think about valuation and check size at this stage.
Hearing more about growth hacks such as affiliate rev sharing would also be valuable.
But no stress, talk about it when you feel keen to. Make sure to get enough down time, and make sure to take the time to enjoy the ride.
Love this video , I have a question, i am at ideation stage and i would love to get a feedback from you about the idea . How can i do it and how to present that idea to you ?
That's really helpful. Thank you 👍😊
Glad I could help Sanjay! Let me know if there’s any other topics I can cover that would also be helpful!!
@@jayhoovyHi, John! Please could you do a video on how to properly talk to customers and conduct a customer interview, please?
Love this man, thank you
Thank YOU for watching :)
Great
Thanks for the great vid! Been following for quite a while and love your journey with Stan!
Hope you can provide some insights on my current situation:
This might sound counter intuitive, but I really want to start my own company, but I am unsure why I can't come up with a problem to solve?
I currently work at a seed stage B2B SaaS company backed by prominent VCs and I get really cool insights on how to run a start-up and inspires me to start my own. However, I just simply can't think of a problem to solve? People tell me they have tons of things to solve but no time to do so. I try and think about my pain points at work, our customer's, but nothing has ignited me to start yet. Is it simply to "just wait" until it comes? Rather than try to find it?
It's a dual process of just wait (don't force it) - but also just keep iterating. You need to trust the creative process (it takes time). What are you passionate about? Follow that trail.
Do you have any advice on someone that is struggling to find a problem to solve?
Don't force it! But follow your passions and what actually lights you up. You'll find it if you trust the process from there
@@jayhoovy thx for the advice. As a youg aspiring entrepreneur it’s hard to find out where to start
Great video but how do you earn a living while waiting to succeed? That is my only problem. I can code and do everything else but with money to earn a living it’s hard to escape the 9 to 5 as an engineer because at your current company you are likely doing so much already !
how would this affect lebrons legacy?😂
❤ from Taiwan
Love your videos! Been following your journey with Stan for some time! I would love to collaborate and be part of your think tank and help you make Stan a better product! Do you have somewhere I can provide input? I would love to do it for free :)
We miss you, John! #NewVideoNowwww
You a beast. Go Heels 🐏
go heels baby!!!
I got this!
YES YOU DO!!!
This is exactly why you have doubled down on the UA-cam videos, which is also now your distribution network, isn't it?