Beehiiv co-founder and CEO Tyler Denk discusses the minimalist scope of Beehiiv's initial public product release with Alex Lieberman.
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“So RMVP was simply the most basic website builder you could possibly imagine. It does two things. It collects emails, and it posts, and it publishes all of your published posts in an archive. And then the other component is a text editor that you can send emails, and it'll simultaneously look good in email and on the website. So that is what we went to market with when we announced our public launch in November.”
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“And so what I don't believe in at all is like, hey, pay yourself nothing and really prove like you're some harder that can live off like 25,000 dollars a month. Because at the end of the day, like as an entrepreneur, You want to make sure that all of your focu…”
Tyler DenkOct 25, 2023▶ 15:27How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
Insight
Denk: Side consulting to pay personal bills distracts founders from scaling
“I know some entrepreneurs that actually get into, like, kind of pivoting their business to do consulting as well. And they kind of phrase it as, I'll do consulting to learn about the space a bit more, but it's really kind of to pay the bills. And I think it's …”
Tyler DenkOct 25, 2023▶ 15:58How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
Insight
Denk: Focusing on building makes investors hungrier than introductory calls
“If you're heads down building and actually executing the business and growing it, those investors will be that much hungrier to speak to you in the future than if you took a 30 minute call with them now.”
Tyler DenkOct 25, 2023▶ 1:10:24How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
Insight
Denk: Targeting customers without money is a bad way to make money
“I mean, just like a big thing for entrepreneurs in general, targeting a core user that doesn't have money is not a great way to make money.”
Tyler DenkOct 25, 2023▶ 7:51How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
Insight
Denk: Co-founder matchmaking is hard to monetize because success happens once
“It's hard to monetize matchmaking for co-founders because if you do it well, it happens once.”
Tyler DenkOct 25, 2023▶ 8:09How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
Insight
Denk: Early startup roles offer unique impact over corporate jobs
“You could be one of 20,000 people at Deloitte in that exact same role, or you could be one of one, the only person building what you're building at Morning Brew and make a real difference.”
Tyler DenkOct 25, 2023▶ 10:43How Tyler Denk Took Beehiiv from 0 to $750,000/month in 2.5 Years
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