5 Tweet Tuesday
💎 5 Tweet Tuesday 💎
The best 5 tweets i saw this week 💎
Let's dive in:
1) Value: is what they get
2) Price: is what they pay
3) Cost: is what it costs you
Great business: 1 > 2 > 3
Most businesses: 2 > 1 > 3
Bad software startups: 3 > 2 > 1 😂
— Alex Hormozi (@AlexHormozi)
Feb 7, 2023
Companies can price in two ways:
“Cost Plus” == start with what it costs you, and add a markup
“Value based” == start with what it’s worth to the customer, then mark down
I love value based when you can pull it off.
Comfort zones are tiny prisons that keep us from experiencing the vastness of life.
— PJ Milani | Visual Teacher💡 (@milanicreative)
Feb 12, 2023
Cheesy, but eh, it’s a good reminder. Get outta your comfort zone.
They were hearing strange noises above them while sleeping at night...
— Fight Haven (@FightHaven)
Feb 13, 2023
OK normally I would never post a video link in this newsletter…but this video is insane.
Kinda scary = I heard a noise in the ceiling
Scary = omg, it’s a snake
WTF?!?! = the snake is the biggest snake i’ve ever seen and just fell thru the ceiling
"Internal Facebook tool, as a start up" is one of my favorite categories. I don't even need to look at the about page to know where the founder used to work.
— Andrew Clark (@acdlite)
Feb 11, 2023
Agreed. I call this the “export” framework for startups.
Take anything that a big company spends millions of dollars building internally, and “export” that as a stand alone product for any company to use for a monthly fee.
Example: Facebook built a crazy “feature flag” tool internally, so they could roll out features but turn them off if they broke anything. So a few engineers from FB quit their job and created “Launch Darkly” to offer that product as a service (it’s now worth ~$3B)
It finally happened: someone asked me where the library was in Spanish. I’ve been training for this since high school.
— Abigail Higgins (@abbyhiggins)
Feb 8, 2023
P.S. hit reply with your favorite tweet!
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