I know I need marketing help but giving equity to someone I met online feels like a huge risk. At the same time hiring a paid marketer when you have zero revenue feels just as scary. And I'm not dancing on TikTok, that's for sure.
Have any of you actually taken on a marketing co-founder? What made you say yes to that person specifically? Was it their track record, the way they pitched, a trial period first?
In business, selling is much much much more important than making because if you have money you can hire technical workers. But nobody will care nearly as much about survival as you.
And if you have a technical background you are much more likely to have technical people in your network. Good luck.
I seriously wonder if that can happen today. As a technical founder, I have tried to find a marketing partner for years. Every time it has failed miserably as each one proved unable to move the needle.
In my case, it could be the product, but I wonder who has seen success in this day and age.
I once knew a guy who was disabled and walked on crutches. Jobs got mad at him for being late to a meeting, and the guy replied "well someone parked in the handicapped parking spot, and it took me awhile to walk from a normal parking spot.
No joke, Jobs looks him (a disabled person) directly in the eye, and says "oh, that was me; I think the country built an excess of disabled parking spaces after WW2." To the disabled guy!!!
Marketing comes later.
I tend to interview 30-50 people initially to find a gap in the market. If I'm into something (strong PMF), a good percentage of those people I interviewed will be future buyers.
I typically have cascading meetings for the following steps:
1 - is this 10X better than what currently exists
2 - does our prototype look 10X better
3 - does our v1 solve the gap we found
4 - what features do we need to build in order to get you to pay for it
5 - what features do we need to get you to refer us to 3 friends
A meeting for each of those goals typically leads to customers (again, if I've found PMF).
Marketing comes first. Sales second. Product third.
This significantly reduces bounce rate compared to a traditional landing page and I've had good success getting to the top of popular search terms after a few months/years.
1. Don't give up after the first month of no traction, if you can get at least 1 customer at this stage that is a good sign.
2. Make contact with every customer you acquire, find out why they installed your product and what they want from it. Build any feature that they say is missing and offer the best customer support possible
3. Repeat this for a period of time. Once you have more customers the circumstances will change but this how you go from 0 -> 1 and get some runway IMO
I'm pretty sure my primary job is marketing the work that I do.
I found the only thing that reliably works is direct sales. Find people that could potentially use your product and message them. Find them in forums, chats, email, LinkedIn, wherever.
If I had something I was into or did and someone took the time to reach out to me to try to show me something they built in a personal way, I would definitely be receptive.
Online stuff is cheap. I built products, posted on Reddit and had literally thousands of people come to my site. Not one person bothered to go to the home page and ask "what is this product". And this was when there were a lot fewer bots and scrapers. No ones going to use your product because he saw some crap on TikTok. It's cheap engagement
PaulHoule•3h ago
I brought on a high-touch salesperson on spec years ago and it did not work out. He and I were really successful at getting audiences with people but we never made the sales we were looking for and, worse, he lost me small cheap jobs that I could have sold myself. He'd probably say it was a product problem and he might have been right but later on I found out I wasn't the only person who had the same experience with him.
For some products you need those kind of skills. I've met people like him who really are worth their weight in gold.
For other products you need somebody who can make an Adwords campaign, analyzes the analytics, refine it and repeat. That kind of person can be worth their weight in gold too.
For this conversation to be productive you have to have some idea if you need one or the other or a bit of both.
Imustaskforhelp•2h ago
PaulHoule•31m ago