Bootstrapping, AppSumo deals and productivity tools - Macgill Davis / Will Goto, Rize.io
Macgill Davis and Will Goto are two technical co-founders figuring out how to make you more productive with their product, Rize. They've bootstrapped the right way- with validation, conviction and cash up-front. Now onto the next stage.
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Show Notes
Macgill Davis and Will Goto are the founders of Rize, a time-tracking platform that helps you increase your productivity, started in August 2020. Will and Macgill met at a company called Peer, which then got acquired by Twitter, they then left Twitter and founded a company called Humble Dot, which they raised for but unfortunately had to shut down.
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What we covered in this episode:
- Working on a side project while at Twitter
- Raising funding then leaving their jobs
- Co-founders with the same technical background
- A different approach to finding a co-founder
- Shutting down a business when it’s not doing well
- Searching for a new idea and solving your own problem
- Creating a landing page and running some ads
- Picking a market to focus on
- Time tracking for productivity
- Getting traction through AppSumo
- Cash up front with lifetime deals
- Raising vs bootstrapping
- How to be more productive
Recommendations
- Book: Deep Work by Cal Newport, Atomic Habits by James Clear
- Podcast: The Rest is History/Revolutions, Masters of Scale
- Indie Hacker: Tony Dinh, Arvid Kahl
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