Devcon is coming. How can project founders build social influence?

24-11-08 13:00
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Original title: 5 Social Tips for Early Stage Founders
Original author: Ish Verduzco, a16z
Original translation: TechFlow


Last week, I flew to New York City to give a workshop for cryptocurrency founders.


The goal was to provide them with some basic social skills that they can implement immediately.


The following is a summary of my speech.


Why build social influence?


An active social presence can help:


· Increase sales

· Attract talent

· Build partnerships

· Get funding

· Acquire users

· Gather product feedback

· Build community


I was the head of growth at my last startup, and when we first launched our public beta, we immediately got 1,000 downloads thanks to our online presence.


More details here.


I have friends who have raised significant funding, built entire teams, and landed major partnerships using their online presence alone.


If you’re still wondering if it’s worth it, here’s what you can do:


Chris Bakke:


When we were running our last company, I generated over $3M in revenue in 2021-2022 from my personal Twitter account alone (when I had a lot fewer followers).



How do you run a business and still be social?


Time is limited, things are overwhelming, and maybe you feel like content creation isn’t your strong suit.


Here are 5 tips to get you started today:


Tips #1: Focus on One Platform


- Choose the platform where your target audience is most active


- Find 10-20 creators with your ideal audience


- Follow them and study their content


- Set up notifications for the top 5 accounts


- Engage with their content and the people they reply to


- Once you’ve mastered one platform, consider expanding to a second


Tips #2: Schedule Dedicated Time for Creation


- Treat your online presence as part of your job


- People are more likely to follow a person, not a brand


- Spend at least 10% of your time on it


- Set aside a few hours a week to focus on creating content


- Use Typefully or Bluecast Plan your content for the coming week in advance


- Do community management every day


Tip #3: Leverage prompts and daily themes


Example prompts:


“Explain what you do in simple words”


“Share how you came up with the idea for the product”


More prompts can be found here


Example themes:


Monday - Thought Leadership


Tuesday - Community Highlights


Wednesday - Company Updates


Thursday - Product Marketing


Friday - Founder Reflection


Tip #4: Ask your team for support


If you’re stuck, ask your team to:


- Interview you to uncover your story


- Help edit and format your social media content


- Engage actively after your posts are published


Don't


- Let someone completely take over your account


- Overthink. Act first, collect data, then optimize


Tip #5: Empower employees


- Treat employees as “internal KOLs”


- Encourage them to share their expertise online


- Allow them to build their own audience and advocate for the brand


- Leverage employee networks to spread company content


- Set up a Slack channel for company social posts to promote interaction


- Create a positive online culture


Finally, I think a successful founder’s online presence should include:


- Post content regularly


- Actively participate in dynamic interactions


- Share knowledge in the field of expertise


- Don’t sound like you’re always selling products


- Share personal life (such as hobbies or interests)


- Keep a light-hearted and humorous attitude


- Don’t use social media as just a promotional tool


- Show your personal charm


Summary


1. Start with one social platform


2. Set aside time each week for writing


3. Use prompts and themes to overcome writer’s block


4. Use the power of the team to develop your story


5. Encourage employees to build their own online presence


6. Bonus tip: Enjoy the process. This is social media.


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