Busting 10 of the most popular Twitter startup myths:
1. You don’t need a big social media following.
It’s never been easier to bring attention to your product with online communities. Join them. Participate with them. Share what you’re building.
2. They don’t have to require a lot of time and money. If it does, you’re thinking too big.
I built Designjoy with $29 and 12 hours of work. Made $1m last year.
3. Growth at all costs is bullshit. Bigger isn’t always better.
Find the right size for your business and stop there. Don’t let it take over ever waking second of your life.
You’ll find the money isn’t worth it, and that free time is the ultimate flex.
4. Bootstrapping > raising money.
Avoid raising money at all costs. Focus instead of finding creative ways to grow and scale yourself.
You’ll be far better off for it.
5. The “just ship it” mentality is false.
If it looks like total shit, good luck.
First impressions often make or break a business.
6. No, you don’t need employees.
People like
@Justin Welsh and
@@levelsio are building multi-million dollar businesses everyday without the stress of managing other people.
It may not be for everyone, but it may be for you.
7. Not every idea has to be unique.
It’s way easier to take an existing idea and do it better.
It’s way less risky, and can ultimately be just as, if not more, successful.
8. The first few years will probably be rough.
The difference between those who succeed and those who don’t are those that push through.
Success rarely happens overnight.
9. More is rarely better.
Focus on getting better at the things you’re already doing before adding more things to do.
Quality is much better than quantity.
10. Don’t quite your day job, just yet.
Security while building is priceless, if you’re willing to grind.
Because if you fail, you’re just left with a valuable learning journey and not a potential financial crisis.