Lobo: Boast.ai bootstrapped to near eight figures before raising outside capital
“We of course did boast bootstrapped it to near eight figures before raising money.”
Lobo: Traction founder community has about 110,000 subscribers
“Tractions, the community for founders, et It's got about a 110,000 subscribers.”
Lobo: A true community requires peer-to-peer interaction without the influencer
“Audience is different than a community. Insta influencers, they're all audiences. People have newsletters, they're audiences. That's great. The community is where members or people the audience interacts with one another without the sort of influence, key infl…”
Lobo: In-person multisensory events build stronger connections than digital formats
“Anytime we incorporate more than two senses into an equation, you start to build even stronger connections. Like when you're doing meetups, you're drinking together, you're smelling each other's sweat, you're shaking hands and you start building more and more …”
Lobo: Early-stage startups must start a community of practice, not product
“Now, if you don't have product market fit or not very many users, you're just early on, you can't start a community of product, right? People will think that you're going to sell to them, right? I mean, it's obvious. Why would I go to a community of product wh…”
Lobo: Building a community prevents a product from becoming a commodity
“Yesterday's innovation always becomes today's option and tomorrow's commodity. You look at the GPS, right? Perfect example. You couldn't get it. Then it was an option in the car. Now everyone has Apple CarPlay. If you build a community, you won't become a comm…”
Lobo: Hiring for tenure over trajectory turns startups into corporate incumbents
“If you keep hiring and promoting people based on tenure versus trajectory, you will become the very thing you set out to disrupt. And that means like people with high trajectory question a lot
they tend to use their hands a lot, and I think you can stretch th…”