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Falsehoods programmers believe about entrepreneurship
ZIRP is dead and buried. By 2030 AI will write 99% of production code. The 1% developers who remain will be like Rick Rubin, trusted gatekeepers of secrets and taste, approving 200 PRs a day whilst swirling scotch in diamond-cut tumblers.
Workaday programmers are turning to entrepreneurship to survive.
My CEO did it - and he’s kinda stupid - why can’t I?
Unfortunately, entrepreneurship is harder than programming.
In this newsletter I’ll share the valuable things I learn and unlearn on my entrepreneurial journey. First up -
Falsehoods programmers believe about entrepreneurship
Build it and they will come
Marketing doesn't matter
I just need to do a few social media posts regularly
I can sell software for $20/month and make a living straight away
My first startup will work
My 7th startup will work
It didn’t work straight away, I should pivot to a new idea
I know what people want
I know what people need
Programming is harder than marketing
Programming is harder than sales
I don't need to know who my ideal customer is
I can launch a successful startup in an industry I know nothing about
Buyers want to hear technical details
Buyers want to hear about how great I am
Quality beats volume
Quality doesn't matter
I don’t need to know my CAC/LTV
Believe any of these? Yeah, I did too. All of them.
I’m gonna put everything I learn in refuting these in this newsletter. I hope it’s valuable to you!
PS. I’ve got a tool that you can use to calculate CAC/LTV for your startup ideas - sign up and I’ll send it as thanks.