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Description

Nuggets:

• Stalwart staffing companies are doing ~$25 billion in revenue annually
• VCs are looking for great teams moving really fast toward the critical assumptions of their business
• Great two-person teams are often formed from one person with industry experience and the other with technical know-how
• If you’re a nontechnical founder, one of the hardest parts of starting a company is finding a phenomenal technical cofounder and get them to leave their terrific job to come work on your idea
• Build a product that gives users a much better experience than 

Action Steps:

1. Estimate Customer Acquisition Cost (CAC) for both sides of the marketplace
2. Brainstorm/research what customers will want, what their engagement would look like, and estimated churn

Follow through on these action steps and email us your results at update@runwithit.fm. You'll get exclusive access to a private Facebook group of action takers and one listener will earn a free mentorship call with our guest, and potentially, a business partnership.

Links:

• 1984 Ventures
• Aaron Michel on LinkedIn
• PathSource
• Indie Hackers interview re Key Values
• Test Interviews 
• TrustedHealth
• Toolbox

Aaron Michel is a partner at 1984 Ventures, a seed stage venture capital firm in San Francisco. He was selected earlier this year as one of venture capital's 40 under 40 by Venture Capital Journal. He's a Harvard Business School and Harvard Kennedy School alum and sold his last company, PathSource, in 2017.

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