Richard Velasquez (@moochfounder) 's Twitter Profile
Richard Velasquez

@moochfounder

Founder | CEO | @mooch_app_ | $3M raised with 50K customers | Sharing my startup learnings to help fellow founders build and grow their startups | DM is open

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linkhttp://amoochlife.com calendar_today22-03-2022 01:07:10

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How to know if people will pay for your products? By getting them to pay. When I started Mooch in 2020, I would - Meet people on Zoom - Ask if I could hold their funds on Venmo for their budget And shockingly, they said yes. That’s how I knew my market would pay for my stuff

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Startup tip: Don't wait too long to perfect your product Just launch it. Get feedback from users. And improve it based on feedback. This way, you will - Test the market - See if there's demand - Not build unnecessary features

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Y combinator has launched startups worth over $600 billion. They've helped Airbnb and PayPal reach over $100 billion valuation. But you must pay $125,000 to join Y combinator's startup program. Or you can steal their expensive startup program here in 2 minutes🧵🧵

Y combinator has launched startups worth over $600 billion.

They've helped Airbnb and PayPal reach over $100 billion valuation.

But you must pay $125,000 to join Y combinator's startup program.

Or you can steal their expensive startup program here in 2 minutes🧵🧵
Richard Velasquez (@moochfounder) 's Twitter Profile Photo

90% of startups fail. But you can avoid costly mistakes by learning from the best founders. Here are 10 golden threads to 10x your startup progress🧵

90% of startups fail.

But you can avoid costly mistakes by learning from the best founders.

Here are 10 golden threads to 10x your startup progress🧵
Richard Velasquez (@moochfounder) 's Twitter Profile Photo

Every startup needs key drivers of growth. For example? In 2010, Dropbox gained 3,9M users in 15 months from a referral program. In 2014, Slack gained 60K users 10 weeks after its launch because people must invite their friends to use Slack. See? That's what happens when you

Richard Velasquez (@moochfounder) 's Twitter Profile Photo

The most valuable money-making skill in 2024: Marketing. Master it and you'll 10x your income. These are 8 threads that'll get you started in 2 minutes🧵

Richard Velasquez (@moochfounder) 's Twitter Profile Photo

Startup tip: Before building products, you must ensure people - Need your product - Are willing to pay for it How? Learn if your product - Solves your market's problem - Is worth paying for So you won't waste 60 days building a product only to realize nobody needs it.