Jul 21, 2021 · 15m · founders-journal
The Golden Age of Entrepreneurship
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Alex Lieberman details eight structural, economic, and technological trends that have converged to create the golden age of entrepreneurship, making company creation more accessible and derisked than ever before.
Statements from this episode (7)
Alex Lieberman launched Morning Brew in 2015 for under $1,000
“In 2015, my co-founder Austin and I started Morning Brew for less than a thousand dollars. We had a 50 dollar filing fee in Michigan for starting an LLC, a hundred dollars for the domain morningbrewdaily.com, 10 dollars a month for website hosting, and a hundr…”
Creator platforms like Shopify and Substack drastically reduce business failure costs
“And with tools like Shopify, Substack, MailChimp, Etsy, Patreon, Kickstarter, and all of these different creator platforms, the cost of failure in business today is really, really low.”
Alex Lieberman's tweet about Amazon shareholder letters got 4,800 likes
“A few months back, I posted on Twitter asking, anyone want to form a learning group to read, reflect, and discuss all of Amazon shareholder letters? That simple question and that simple tweet got 4800 likes and 1100 responses.”
Morning Brew operates on Gino Wickman's Entrepreneurial Operating System (EOS)
“EOS by Gina Wickman, which we use at Morning Brew.”
Morning Brew would not exist without low-code or no-code tools
“If low or no code tools did not exist, there would be far fewer businesses that someone like myself could start. I definitely wouldn't have been able to start Morning Brew.”