The Power of Focusing on Outcomes and Building a Community
Hatched by Kazuki Nakayashiki
Aug 16, 2023
3 min read
5 views
The Power of Focusing on Outcomes and Building a Community
Introduction:
In our quest to be right and prove ourselves, we often lose sight of the bigger picture and the best possible outcomes. This article explores the importance of shifting our mindset towards achieving the best outcome for everyone. It also delves into the strategies used by Product Hunt to acquire their first 2,000 users and build a strong community.
The Wrong Side of Right:
Many people fall into the trap of trying to prove themselves right, rather than focusing on what would bring about the best outcome. Elon Musk, the visionary entrepreneur, advises us to approach situations with the assumption that we are wrong, allowing us to be open to new ideas and perspectives. Colin Powell warns against attaching our ego to our position, as it can hinder our ability to adapt and learn. At Farnam Street, the philosophy is to work with the world as it is, not as we wish it to be. By letting go of the need to be right, we can create better outcomes for everyone.
How We Got Our First 2,000 Users Doing Things That Don’t Scale:
Product Hunt, a platform that showcases new products, initially focused on user acquisition even before having a fully developed product. By leveraging Linkydink, a collaborative daily email digest tool, they created an email list that generated excitement and made users feel like part of the product. Despite the bugs and imperfections, Product Hunt understood the importance of seeding the community with the right people from the start. The initial users play a crucial role in shaping the culture of the community, making it challenging to change later on.
Retention and Engagement: The Key to Early Success:
While user acquisition is often seen as the primary goal, Product Hunt recognized that engagement and retention were far more important at the early stage. They aimed to keep early adopters excited and prove to the tech community that their platform was not just another fleeting experiment. To achieve this, they employed a manual process of reaching out to influencers personally, inviting them to contribute and sharing their story through reputable publications. This approach not only helped recruit valuable contributors but also fostered open lines of communication for future feedback.
Building a Strong Community, Not Just Acquiring Users:
Product Hunt's strategy was not solely focused on acquiring more users but rather on creating a stronger and more engaged community. They understood that press coverage and user referrals were valuable in building a sense of belonging and connection. By involving the community in the growth process, they were able to establish a loyal user base that contributed to the platform's success.
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