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John Ramey Multi-exit founder, angel, top mentor.

Boulder, CO
One of the highest rated startup mentors in the world (and on Clarity). I've founded, built, and sold multiple prominent companies that have either created or fundamentally changed multi-billion-dollar markets (eg. a New York Times cover profile called my last startup "the voice of a movement.") Advisor to White House, Congress, and many other governments and ecosystem building initiatives (eg. I co-founded the Pentagon's Defense Innovation Unit). Directly raised >$125M in VC, and was a key part of >$1.5B in fundraising. Youngest founder in the world to raise VC during the global financial crisis. Founded an international nonprofit of the highest-quality startup mentors, and have helped over 20,000 founders/innovators in >50 countries. Successful angel investor…
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  • Reviews 68
  • Answers 22

Great advice from John on scaling to $1M.

Source: Clarity Jan Kartusek Nov 11, 2024

Had an excellent call with John! He has a broad knowledge of startup dynamics.

Source: Clarity Devinder Singh Jan 2, 2024

Excellent call once again. It changed my perspective for the better and towards the bigger picture, which is always a good thing. Thanks, John!

Source: Clarity Gina Galligan Sep 30, 2023

Good call, I got a lot of clarity from it, where I am in my entrepreneurial journey and what are the next steps that needs to be cleared to move forward.

Source: Clarity Thiébaut Devergranne Jul 28, 2023

Thought provoking and very benificial

Source: Clarity Paul Stuart Mar 6, 2023

Highly worthwhile call with John. He shared uniquely eye-opening advice on building a startup, raising funding, the VC space, getting away from the default-mindset, and choosing the right tools to grow.

Source: Clarity Ben Wordell Feb 24, 2023

Excellent call with John, incredible clarity of thought. I have my actions and I'm ready to make some progress and key decisions. Thanks John!

Source: Clarity Gina Galligan Oct 24, 2022

John was fantastic - he listened carefully to the issue, and came up with several brilliant insights. He was thoughtful, and empathetic and I left the call with increased clarity and direction.

Source: Clarity Lauren Gamsu Oct 24, 2022

Thoughtful and interesting insights. Was a great conversation.

Source: Clarity Becky Lawlor Apr 27, 2022

Very thoughtful questions and feedback that was not at all the norm. Offered some information we did not have. Glad I made the call.

Source: Clarity Franz Maruna Jan 26, 2022
John Ramey, Multi-exit founder, angel, top mentor. answered:

Yep. Although I don't think that's limited to MVPs. It's just always the case.

You can copy code, features, etc. but you can't copy soul. There will always be people who copy you. It's better to keep moving forward and accept the copy cats than it would be to try and shield yourself.

Keep an eye on the copy cats. But in the long run, if you're authentic and worthy, you will beat them.

John Ramey, Multi-exit founder, angel, top mentor. answered:

I assume you want to do the work of marketing/rebranding, not necessarily be the "executive" who does management and stuff (which is boring!).

You said you like music and culture. The good news is that a lot of music/cultural organizations need help with marketing. Even local bands need help. You could approach it like a free internship - try and find people locally that you can help. They'll appreciate the free help, you'll learn a TON, and build a network and portfolio along the way.

John Ramey, Multi-exit founder, angel, top mentor. answered:

Totally depends on the nature of your startup. Assuming it's a "normal" tech/software/app kind of startup, given your TC reference....

There is publicity you pay for (advertising), you earned (did something the press wanted to write about), or you generate (like building an infographic that goes viral).

Assuming you mean traditional press, the normal outlets are: TechCrunch, VentureBeat, GigaOm, Mashable, and PandoDaily. Other publications also include startup coverage, like WSJ, Forbes, Wired, Inc, FastCo, etc.

But be warned that these are press outlets. They want to cover *stories*. You don't just approach them and say "publicize me"... unless you want to pay for the ad space to do so.

If you want to buy space on those sites, check out www.buyads.com.

John Ramey, Multi-exit founder, angel, top mentor. answered:

(Background: I founded the largest marketplace for direct ad sales. Powers sites like Microsoft, Aol, Gawker, etc)

If you want to sell ads directly to advertisers... that's awesome, but recognize it takes more work than just dropping AdSense on your site. I'm glad you're thinking of it like "how can I attract advertisers (customers) to do business with me?"

I personally don't think gimmicks work well in the long run. It's all about the fundamentals. You are essentially a business (the website) that sells a product (the ad space / ability to reach your audience) to customers (the advertisers).

All the normal fundamentals apply - you have to attract potential customers, sell them on your product, close the business, get repeat business, etc.

So while a gimmick may work to get someones attention, if their experience of doing business with you is terrible they won't buy or won't come back.

We believe the best way to attract, close and keep advertisers is to make your "products" as easy to find and purchase as possible. In the direct ad space, it is way too complicated - often requiring lots of emails and manual effort. Plus they have to find you to begin with.

Some actionable stuff for you to do:

* Do some customer validation. If you want to sell a product (the ad space), how do you know there is a market? Have you talked to potential advertisers about this? Do you have any pre-committed deals? Do your similar competitors do direct sales successfully?

* Have a .com/advertise page and promote it well. You have to let people know you're open for business. Make it easy for people to find it.

* Have a system that makes it easy to place/execute/manage actual ad orders. This is what we do at www.isocket.com. There are other tools for various needs, website sizes, costs, etc.

John Ramey, Multi-exit founder, angel, top mentor. answered:

Source: I founded a major display ad tech business.

(What about Google's prediction of $100B by 2017?)

I believe there are a few key things that need to change:

Publishers need to wake up and stop forcing buyers to use old school hand-to-hand combat direct sales methods (where 70% of the current market $ is). Make it easier for people to buy from you, and more people will buy from you!

Transactional friction must decrease. It is 10 TIMES more expensive to spend a dollar on a TV ad as it is to spend a dollar on a banner ad. (3 cents per branding dollar for TV, 30 cents for web.)

We need measurement practices and attribution other than the click through rate, which was good for performance marketing but bad for branding. The big budgets want something better in order to track their spending.

Engaging but unobtrusive creative formats. "When's the last time a banner made you cry?" Sight, sound, and motion on TV are still far better than banners at eliciting emotion. This needs to get figured out in order to enlarge the market.

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