Our 7-hour Reddit AMA was grueling. But our results, AMAzing. We hope the good people of Reddit found some golden nuggets in our advice on business, entrepreneurship and taking ideas from zero to hero. To recap, we’ve highlighted some of the best, worst, and the realest of our AMA.
Most Useful Q&A
What’s the best way to go about increasing sales?
Take your time and test your output. When used the right way, Facebook ads can be the holy grail of product success. A/B test ads for every age group, interest and demographic until you find something that works. Try different images, alternative copy– then cut out any ads that don’t perform well and focus on the ads, or the parts of ads, that do.
What’s the best advice you could give to an aspiring entrepreneur?
Find a problem to solve in a market that you’re passionate about. There’s no selling a solution to a problem that doesn’t actually exist. Focus on a real problem in a market you know well, and the solution will come easy.
Is it better to quit your day job and save up or keep working and develop an idea on the side?
“If you want to be an entrepreneur you need to be prepared to work some 90 hour weeks!” Whether your idea is Destruction Therapy or Toys For Children With Motor Skill Handicaps, there’s one variable that stays the same- it’s not gonna come easy. If you want to see your idea take flight, find the time to make it happen. Work hard. Lose sleep. Stay hungry.
Best One Liner
Worst One Liner
Trust the “doers.” Someone “who renovated their whole house to be energy efficient by hand” often has more gumption than “an MBA with no real world experience finishing anything other than a case study.”
“These days everyone thinks the answer is raising money. It’s not. It’s doing the hard work.” There is no secret formula. It’s not about the idea. It’s about who wants it more. Who’s going to work harder? There are 1,000 people in the world with your EXACT same idea. Are you going to execute better than the muppets? Beat them.”
The All-time Greatest Advice
Who cares if it’s half-baked. JUST START.