a day in the life of a tech founder

Summary

The video script details a day in the life of a team at 123 Buckingham Palace Road, focusing on the future of their subscription platform. They discuss the launch of new features, onboarding new members, and transitioning from a tools platform to a discovery platform for communities. The team also plans to prioritize customer-focused features, improve creator relationships, and explore a new payout structure for creators, aiming to disrupt the paid community space with competitive pricing and reduced friction.

Takeaways

• 🚀 The company has recently launched a new product and is experiencing a rapid onboarding of new people, indicating growth and expansion.
• 📍 The focus for the day is on the bigger picture of the company's future direction and how to dominate the market with a new approach to platform integrations and discovery work.
• 🕒 The speaker has a meeting to discuss the potential use of their platform for a community of 250 WhatsApp members, highlighting the platform's community-oriented approach.
• 🔧 A new engineer is joining the team in 30 days, and preparations are being made regarding contracts, equity, and visa issues.
• 🛠️ The company is in the process of planning and prioritizing features to ensure they align with customer needs and contribute to the company's advancement.
• 🔄 There is a shift from being a tools platform to becoming a discovery platform, aiming to become a destination for consumers to find communities and their people.
• 🤝 The company is currently working closely with creators to improve the product, emphasizing the importance of creator relationships and continuous product enhancement.
• 📈 A new pricing structure is being developed that allows creators to have a better experience with minimal costs until they reach a substantial community size.
• 🛑 The company is working on a new internal dashboard for creators to manage their subscriptions and pricing, with a significant change to the payout structure coming soon.
• 🔑 Integrations with various platforms such as Discord, WhatsApp, Slack, and Telegram are part of the company's strategy to service existing users better.
• 🎯 The company aims to disrupt the paid community space by addressing pricing, reducing friction for entry into the platform, and providing clear reasons for users to join.

Q & A

What is the location the team is heading to for work?

The team is heading to 123 Buckingham Palace Road in Victoria.

What significant event happened last week according to the script?

The significant event that happened last week was the launch of 'whats out'.

What is the focus of the day as described in the script?

The focus of the day is on the bigger picture of where the company is heading with 'sub' in the future and how they plan to dominate the market.

What does the speaker refer to when they mention 'Discovery work'?

The 'Discovery work' refers to the process of finding new ways to improve the platform and make it more discoverable for users.

What is the purpose of the 1:30 meeting mentioned in the script?

The purpose of the 1:30 meeting is to explore how 'sub' could potentially work for a community of 250 WhatsApp members.

How far out is the new engineer expected to join the team?

The new engineer is expected to join the team in about 30 days.

What is the speaker's strategy for prioritizing features to build for 'sub'?

The strategy is to be hyper-focused on building features that customers actually want and that will move the needle for 'sub'.

What is the current status of 'sub's platform in terms of integrations?

Sub's platform currently has integrations with Discord, WhatsApp, Slack, and is expecting to integrate with Telegram and Facebook groups.

What is the speaker's vision for 'sub' in terms of its evolution from a tools platform?

The vision is to move from a tools platform to a Discovery platform where users can find communities and connect with like-minded people.

What is the speaker's plan for the upcoming phase of 'sub's development?

The plan is to focus on Discovery, improving the platform for existing community creators, and implementing new features that will attract more users.

What is the speaker's strategy for making 'sub' more attractive to creators?

The strategy includes offering a creator-friendly experience where they pay almost nothing until they reach a decent-sized community.