Justin Vincent
On 1 show, 2 appearances. The Shows tab opens the full record on each.
Justin Vincent is a podcast guest featured on Rob Walling's show. He is known for sharing a structured approach to generating thousands of startup and SaaS ideas.
1shows
2appearances
13statements
1resolved
1supported
0contradicted
100%fully supported
2said about them ↓ Everything Justin Vincent said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Vincent: Early startup competition is advantageous because it validates markets
“Competition doesn't matter. In my opinion, when you're talking about the beginning of seeding something, I mean, look at you and drip. I mean, you went into a space that had an insane amount of competition and you just executed and executed and all of a sudden…”
Vincent: To guarantee making money, build a niche version of proven software
“Because essentially, if you want to make money and you want to guarantee to make money, go into a huge market, Compete with other people and just build something that people are already using and that's definitely makes money, like a CRM. Just take your own, y…”
Vincent: Venture capital funding strips founders of ownership and agency
“The problem with VC funding is, as you know, you gradually lose agency and control of your business and you lose more and more percentage of it. And you end up working for someone else.”
Startup ideas are least important initially, but most important once sifted
“What I've truly learned is that ideas are both the most important thing and also the least important thing. And it's very, very interesting. So it's like at that beginning part, when you haven't started the business yet, they are the least important thing. And…”
Early-stage founders lack execution education rather than business ideas
“Ultimately what I realized was founders didn't really need ideas. They needed education.”
Founders should avoid building SaaS until mastering sales of simpler products
“This is where you start to validate and sell a more complex product like a membership site or a SaaS. Like, just don't even go there until you've mastered the early level stuff.”
Vincent: Building software on third-party platforms carries high existential risk
“Building on Twitter or building on other platforms, it's like, okay, these guys can shift the ground from under my feet. That's really, that's a really high risk.”
Bootstrappers with modest revenue goals can target massive markets
“Because if your revenue goals are small, let's say it's just a couple of thousand a month, even 5000 a month. If you go into a huge market, there's nothing to say that you can't take out a tiny part of that market. I mean, I'm just talking like a .1% of a mass…”
Taking startup steps that are too large leads to excessive stress
“I found the biggest problem comes when you're trying to take a step that's too big. And so when you try and take a step that's too big, That is really the time when it puts you off and it's like, oh man, this is just too much stress. So you've sort of got to w…”
Operating outside existing skills drastically reduces startup outcome predictability
“The further away you work from what you already know how to do, the less predictable the results.”
TechZing interviewed Travis Kalanick and Patrick Collison before they built unicorns
“We have a good track record of interviewing people who then go on to build unicorns. So you know Travis Kalanak, and also Patrick Oleson.”
Justin Vincent made approximately $250,000 total from his SaaS app Plugio
“Here's the thing, like sort of in spite of that, it still was a success and I was able to exit from it. And so I think overall I made about a quarter of a million dollars from that project.”
The other half of the tape: Justin Vincent's own voice is left out of every number here. Other people bring the name up 2 times in 2 episodes across the shows. every mention, with the transcript →
Who brings them up most Rob Walling 2
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Startups For the Rest of Us 2
2023 1 mention in 1 episode
One line per show, most statements first. The link opens Justin's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| STARTUPS FOR THE REST OF USLEDGER | 2 | 13 | 100% 1/1 | full record on Startups For the Rest of Us → |