In this conversation, Charlie Ward shares his unique background, including his upbringing in Berlin and Russia, and how it shaped his adaptability and community-building skills. He discusses his transition from the advertising industry to product management and community building, emphasizing the importance of building in competitive markets. Charlie provides frameworks for choosing projects and highlights the value of networking and community. He also shares insights on balancing multiple projects as a solo founder and the significant impact of coaching on his entrepreneurial journey. In this conversation, Charlie Ward and Milly Tamati explore the differences between community-driven businesses and SaaS models, emphasizing the importance of reducing churn in communities. They discuss the evaluation of business opportunities using the 'hell yeah or no' approach and delve into the transformative impact of AI on careers and the economy. The conversation concludes with insights on building communities and the lessons learned from creating engaging spaces for members.

• Charlie's unique upbringing influenced his adaptability and community-building skills.
• He transitioned from advertising to product management and community building.
• Building in competitive markets can be beneficial for entrepreneurs.
• Networking and community are crucial for personal and professional growth.
• Frameworks for choosing projects include analyzing search traffic and competition.
• Coaching can significantly impact a founder's journey and decision-making.
• Surviving on a low budget is possible with strategic planning.
• Balancing multiple projects requires prioritization and hard work.
• Community building can lead to meaningful friendships and connections.
• It's important to focus on what only you can do as a founder. Communities require different strategies than SaaS businesses.
• Churn affects both revenue and experience in communities.
• Physical businesses foster local community connections.
• Evaluating opportunities involves assessing both potential gains and risks.
• AI is rapidly changing the landscape of work and careers.
• The future may see the emergence of AGI within the next year.
• AI can help individuals learn and excel in new fields quickly.
• Building a community involves creating a welcoming and engaging environment.
• Demand can be increased by slightly constraining community access.
• Normalizing diverse career paths can empower individuals.

Links:

Follow Charlie: https://www.linkedin.com/in/charlierward/

Follow Milly: https://www.linkedin.com/in/milly-tamati/

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