Starting a Community π- Best Bosses are Humble π- Will there be a European Google ? πͺπΊ- Efficiency is the Enemy π§ββοΈ- Le Grand Coeur β€οΈπ«π·
5-minute read to make sure you did not miss out this past week. From the best curators of the week in Clind π²
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The top 5 curators of the week are featured in this new episode of the Timestamp. Discover who is masterful at not getting distracted.
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#1 About Starting your Community with Christian Riedi from this Twitter thread from Greg Isenbergπ
For those of you who are familiar with getting a product market fit first, think of your community market fit as well π
π‘When to start a community ? ASAP (As soon as possible)
1) why you should care about community: - It's the best way to build a movement - It supercharges word-of-mouth - People want community more now than ever - Products built on-top of communities scale fast.
2) Start small. Start tiny : 95% of communities can start as a simple group chat.
3) High-performing community leaders : 1. Captivating 2. Consistent 3. Loud 4. Obsessed with the mission/people 5. Relentlessly helpful 6. Sincere.
4) Invite-only works : 95% of communities should begin as waitlists. B2B or B2C. Doesnβt matter.
5) Merch supercharges communities. Tip : hire streetwear designers to design your merch.
6) The secret to community design : get members they want to go (ie: milestones etc).
7) Iβve never found a community that thrived that didnβt have a compelling βwho we areβ story Key points : - Describe the future utopia - Describe the cause with passion - Amplify the real reason they exist.
8) Not all founding members are equal Tip : your first members set the tone. Choose wisely.
9) Community/market fit. Founders are obsessed about product/market fit. But donβt obsess enough about community/market fit.
10) The goal: Create daily/weekly rituals that make people feel alive and grateful to be apart of the community.
Find the original Twitter thread from Greg Isenberg here π€
Greg Isenberg is Co-Founder of Late Checkout, a product studio that designs, creates and acquires internet communities. He is also a growth advisor at TikTok and a venture partner at Indicator Ventures, a tech venture fund.
Christian Riedi, Business Angel & Writer at his newsletter Le Wrap Up π«π·. x-Directeur DΓ©veloppement @TF1 with 15 year experience in media. You should check his newsletter as well if you like curation.
#2 Who are the Best Bosses with Maxime Renault from an article read in the Wall Street Journal π°
π‘Humility among leaders drive performance for companies and positive outcomes among employees: lower turnover and absenteeism ; closer collaboration ; smaller pay gaps...
π‘Traditional thinking would favor charismatic, attention-seeking and persuasive people. "Yet such leaders tend to ruin their companies because they take on more than they can handle, are overconfident and donβt listen to feedback from others.β
-> Patagonia look for humility when they hire people by asking receptionists how the candidates behave with them.
-> In order to assess humility, which is tough because a lot of people pretend to be humble but are not, there are some scientific tests, including a free online one calculating the H factor. H factor comes from : Hogan's humility scale, derived from a scientific paper.
Source article published in October 2018 in the WSJ, The Best Bosses are Humble Bosses written by Sue Shallenberger.
Maxime Renault,Β is a socially engaged tech entrepreneur (x-Monbanquet.frΒ π«π·). Maxime is also an investor and startup advisor. He is passionate about impact x technology and is involved in Entourage /Β LinkedOutΒ to fight social exclusion. The Timestamp features him for the 2nd time with these key takeaways π.
#3 In Search of a European Google with Patrick Kervern from an article read in The Guardian
Why donβt we have a European Google ? According to David Galbraith from the Anthemis Fund : βThe combined value of the top three internet companies in the Americas β so, basically, in America β is around $0.75tn (Β£0.5tn). In Asia, itβs around $0.5tn. In Africa, itβs $50bn. And in Europe, itβs just $25bn.β
βIf you look at Europe now, weβre in the equivalent stage of being in, letβs say, 1920, with no car companies. No CitrΓΆen, no BMW, no Rolls Royce, no Fiat, nothing.β
Still according to Ophelia Brown from Index Ventures βItβs actually easier to start building a company today because of low-cost easy access to engineers" and as Tom Valentine, the co-founder and chief operating officer of London-based travel company Secret Escapes, says a company that can say βwe grew up in Europeβ has a strong selling point. Brown adds βThe fact is, there is a lot of money for European startups now that can fund their growth to take them well beyond $2bn, $3bn."
Source article published in December 2015 in The Guardian, In Search of European Google written by Alex Hern, UK technology editor in The Guardian.
Patrick Kervern, Founder atΒ UMANZ. Sense-Maker & Curiosity expert.
#4 Efficiency is the Enemy with Sylvain Gauchet from the Farnam Street FS blog
The topic that follows is deeply connected with mastering βin distractionβ like Nir Eyal calls it.
π‘Slack represents operational capacity sacrificed in the interests of long-term health.
π‘Having a little bit of wiggle room allows us to respond to changing circumstances, to experiment, and to do things that might not work.
π‘Being comfortable with sometimes being 0 percent busy means we think about whether weβre doing the right thing.
Source blog post can be found here.
Sylvain GauchetΒ is in charge of Mobile Growth at Babbel US. Sylvain is expert in mobile marketing. He also writes the newsletterΒ Growth GemsΒ π where growth insights are mined.Β
#5 Le Grand Coeur with Denis Lenzeele from the book written by Jean-Christophe Rufin π
We are several big fans of this great book about Jacques Coeur. I hope that those who cannot read French will try to get it when it comes out in your language.
π‘Jacques Coeur est issu d'une famille modeste et a su s'Γ©lever jusqu'Γ la cour du roi Charles VII, fils du roi Charles VI aussi appelΓ© "roi fou". Il Γ©tait chargΓ© de l'argenterie. Il a aussi mis en place un systΓ¨me novateur du commerce entre les terres notamment par la mise en place de facteurs ayant une grande autonomie au sein de la "maison Jacques Coeur".
π‘Jacques, Γ la fortune devenue immense, Γ©tait mΓͺme plus riche que le roi lui mΓͺme. C'est lui qui a financΓ© les armΓ©es de France qui ont permis de gagner contre les anglais et de mettre un terme Γ la guerre de 100 ans.
π‘Charles VII, non digne de confiance, a eu le mΓͺme comportement qu'il a eu avec Jeanne D'arc et s'est retournΓ© contre Jacques Coeur qui Γ©tait devenu plus riche que lui. Il l'a fait condamner quand il n'a plus eu besoin de lui et Jacques, aprΓ¨s s'Γͺtre enfui, mourru assassinΓ© par des meurtriers qui le traquaient. Ils n'Γ©taient pas envoyΓ©s par le roi mais par celui qui a pris la place de Jacques au sein de l'argenterie et qui avait pour lui une grande animositΓ©.
More about this book published in March 2012 (Gallimard) here.
Denis Lenzeele is VP Engineering @Clind, formerly StickyADS.tv (πFreewheel/Comcast) and passionate about history, react native and scrum.
Curators now have a Community
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