How to Waste money as a founder in 9 ways: #Part-1 ❌Buy Paid Ads: Build a Product>Pay Ads>Get Users These only work if you have organic reach & PMF(Product-Market-Fit Remember Paid Ads necessarily don't bring Paid Users ❌ Collaborate Paid Influencers: If any Influencer had 300K Followers, They will get hardly 15-30 Sign ups. So, Followers can't define the Viral Reach Then, How to Count good Influencers if he/she have 300K Followers? They should have at least: 50-70K Views/Video 30K Likes 300 Comments 30 Shares ❌ Attend Networking Events/Conferences: Every attendee is hunt for their Clients/Customers, These are only good if you go with the right Intent at the Right Place You can't go to an Early Stage Founders Event & Expect some fiery insights if you are already generating revenue ❌ Outsource Marketing: Build a Product>Get Funding>Outsource Marketing>Shut down after 180 Days. You only need to outsource if you hit that PMF. Founder-led Sales will do wonders.
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