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Plenty of food for thought in this article by Nathan Barry (creator of ConvertKit).
The title refers to a fashion blog started by Emily Weiss in 2010, which evolved into beauty brand Glossier, now valued at $1.2 billion 💰
Two excerpts from Nathan’s article that resonated with me:
It’s a trap to think that no competition means an easy path to profits. Usually it means you’ll struggle to get initial adoption.
Compound interest is the most powerful force on earth. Build a product and brand that can experience compound growth. Then work on it for a really long time.