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Turning Ideas Into Reality Seth Miller Co-Founder / CEO @ Rapchat
While in college I started a company called Rapchat
How it all began….
Winter break 2013 - Road trip to Florida How can we get rich quick?
Snapchat seems to be doing well…
So simple yet worth a billion!
Screw it, let’s just freestyle
2 hours of terrible rapping later…. DUDE!
Let’s do snapchat for rap
First, ﬁnd someone who knows how to code
Then, form a company
Time to get ready for LAUNCH marketing plans launch party rappers t-shirts press making millions “we should be testing in 4 weeks”
1 year later….. “we should be testing in 4 weeks”
Time to learn how to code to build new features
AND LEARN….. How to ﬁnd users How to build a team How to get people to work for equity How to raise money etc, etc, etc, etc, etc
Then, out of nowhere…
Adding 100k users a mo. People are sharing raps like crazy Team is ﬁred up
How can you turn an idea into reality?
Start with an idea
Research that idea
Find a business partner
If it’s an app or website… learn how to code
Talk to users
Continue to update product to meet their needs
Tips for ballin
Read a LOT
Follow smart people Ben Horowitz Andrew Chen Evan Williams Chris Sacca Kevin Rose Alexis Ohanian Kevin Systrom Tim Ferriss Brad Feld Ryan Holiday Josh Elman
Build relationships Hey (someone way smarter than me), My name is Seth and I’m a 16 year old entrepreneur. I started x which does y. I just got done reading your book and was curious what you meant by “viral growth”. Do you think searching twitter for mentions and reaching out is a good strategy to try and kickstart viral growth? -Seth
Understand starting a company is like a
It’s time consuming school + work + friends + homework + soccer + basketball + my own company??
But is AWESOME and totally worth all the BS you deal with