{"id":68,"date":"2022-12-15T07:11:34","date_gmt":"2022-12-15T07:11:34","guid":{"rendered":"https:\/\/www.kixland.com\/?p=68"},"modified":"2022-12-15T07:11:34","modified_gmt":"2022-12-15T07:11:34","slug":"gumroad-founder-and-ceo-sahil-lavingia","status":"publish","type":"post","link":"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/","title":{"rendered":"Gumroad Founder and CEO Sahil Lavingia"},"content":{"rendered":"\n<p>Whether you are a gumroad ceo or just a member of the gumroad community, there are some basic things that you need to keep in mind. Among these are:<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_38 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/#1_Focus_on_serving_a_specific_group_of_people\" title=\"1. Focus on serving a specific group of people\">1. Focus on serving a specific group of people<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/#2_Reject_venture-backed_metrics_of_success\" title=\"2. Reject venture-backed metrics of success\">2. Reject venture-backed metrics of success<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/#3_Diversify_your_investments_to_mitigate_risk\" title=\"3. Diversify your investments to mitigate risk\">3. Diversify your investments to mitigate risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/#4_Build_an_audience\" title=\"4. Build an audience\">4. Build an audience<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/#5_Share_your_stories\" title=\"5. Share your stories\">5. Share your stories<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Focus_on_serving_a_specific_group_of_people\"><\/span>1. Focus on serving a specific group of people<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Seeing is believing, but we&#8217;ve taken a stab at the voluminous eponymous, oh, let&#8217;s not forget Gumroad and its ilk. For one, we were able to get Sahil Lavingia, the man, to spill the beans on the company&#8217;s early days. This includes not just the highs and lows of being an entrepreneur in the dot com era, but also some humbling truths about the company&#8217;s founding principles, and what he thinks about his employees. For the first time ever, we had the chance to sit down with Lavingia, and discuss Gumroad&#8217;s origins, and how to go from start-up to unicorn status.<\/p>\n\n\n\n<p>The best part? Not only did we get to speak with the man himself, but also get to sample Gumroad&#8217;s latest and greatest, the latest and greatest. We also had the opportunity to talk with Lavingia about Gumroad&#8217;s mission, vision and goals, and why he thinks the company is on the way to becoming a global unicorn.<\/p>\n\n\n\n<p>Sahil Lavingia and his team have made Gumroad a cool place to work, while also proving that the right people at the right time can make a company a powerhouse. We&#8217;re not quite ready to crown Gumroad the winner of the coolest company of all time, but we&#8217;re definitely proud of the company that we&#8217;ve built. We&#8217;re all about making the most of the human experience, and we have a company that exemplifies the old adage: if you build it, they will come. So if you&#8217;re in the market for a new company, give Gumroad a look. We&#8217;re sure you&#8217;ll like it as much as we do! The following are a few of our favorite quotes from the eponymous. We&#8217;re looking forward to seeing what the future holds for Gumroad and its team!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Reject_venture-backed_metrics_of_success\"><\/span>2. Reject venture-backed metrics of success<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Having a VC or two to bounce ideas off of is a great way to learn the ins and outs of the startup business. In the process, you may find the next best thing to do is to learn about the competition. This allows you to hone your VC-centric game plan. VCs can be notoriously finicky critters, but you can make them stick. Most VCs will also help you weed out the good from the not so good. Getting your hands on the best of the best will not only ensure you have a leg up on the competition, but it will also help you keep your head. After all, no one wants to be dragged kicking and screaming down the hall. You can learn more about VCs and the startup game by reading our free VC guides. Our VC guides will help you find the best VCs to make your next VC-funded startup a success. After reading our free VC guides, you&#8217;ll be on your way to a new VC-funded startup. VCs can be notoriously finicky critters, but you can learn about the best VCs to make your next VC-funded startup a success. VCs can be notoriously finicky critters, but you can learn more about VCs and the startup game by reading our free VC guides. Most VCs will help you learn more about VCs and the startup game. VCs can be notoriously finicky critters, but you can learn more about VCs and the startup game by reading our free VC guides. The sexiest VCs can be notoriously finicky critters, but you can learn more about VCs and the startup game by reading our free VC guides. After reading our free VC guides, VCs can help you learn more about VCs and how to find the best VCs to make your VC-funded startup a success.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How Sahil Lavingia Went From Pinterest Engineer to Millionaire Gumroad CEO\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/l0WdJuEvHO8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Diversify_your_investments_to_mitigate_risk\"><\/span>3. Diversify your investments to mitigate risk<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investing to mitigate risk is a smart strategy that can help to protect your portfolio and provide better results. Investing to mitigate risk can be done through diversification, which is the spreading of your investment dollars across different asset classes. Diversification can include investments in bonds, stocks, or cash.<\/p>\n\n\n\n<p>Different asset classes perform differently in different market conditions. Using a diversified portfolio can help to minimize the risk of loss or damage from a market crash. However, it does not guarantee profit.<\/p>\n\n\n\n<p>The most aggressive portfolio contains 60 percent domestic stocks and 25 percent international stocks. This approach has the greatest return in a 12-month period. The average annual return is 9.65 percent. It also has the greatest return over a 20-year period.<\/p>\n\n\n\n<p>Diversification can also reduce the volatility of the overall portfolio. In general, stocks have more volatility than bonds. Therefore, diversifying your portfolio by using bonds, short-term bonds, and medium-term bonds can help to lower your overall risk.<\/p>\n\n\n\n<p>You can also diversify your portfolio by using bonds with different maturities, credit qualities, and interest rates. This will give you more investment options and a higher return.<\/p>\n\n\n\n<p>Diversifying your portfolio can also help to limit your losses if some of the investments in your portfolio decline in value. This is especially important when investing for retirement.<\/p>\n\n\n\n<p>A diversified portfolio can also help to mitigate the risk of loss if you&#8217;re involved in a financial crisis, such as a stock market crash or a global pandemic. For example, in 2008, the worst year in the history of the stock market, a basic mix of investments would have resulted in a loss of approximately 27%. However, with diversification, this loss was cut to 16%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Build_an_audience\"><\/span>4. Build an audience<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Founded by Sahil Lavingia, Gumroad is an online service that allows creators to sell their work directly to their fans. The site also offers powerful features for creators, such as an analytics platform and subscription plans.<\/p>\n\n\n\n<p>One of the most useful features of Gumroad is that it allows creators to track vital information about their audience, including how their fans engage with their work. This information helps creators focus their efforts on the people who matter most: their customers. Having a detailed understanding of your audience can give you a better idea of what products and content will sell best, and even help you create more engaging content.<\/p>\n\n\n\n<p>Gumroad also has an impressive list of features, such as an all-in-one dashboard, the ability to upload content directly to the platform, and no fees. It also allows users to manage their subscriptions and track their earnings. The service even provides a weekly public newsletter, which includes studio updates, interactive questions, and patron updates.<\/p>\n\n\n\n<p>The platform is also the best choice for authors looking to create a business from their writing. It allows creators to earn a living while working from home. It also lets creators avoid merchant accounts and other complicated business setups. As a result, Gumroad users can start selling their work in a matter of clicks. They also keep 100% of their profits. The company is also committed to expanding its reach internationally, and will continue to operate as a standalone business.<\/p>\n\n\n\n<p>As a result, Gumroad has been able to help thousands of creators earn a living. Although it&#8217;s true that there are numerous companies promising similar things, the company is unique in its philosophy and the way it approaches success.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Share_your_stories\"><\/span>5. Share your stories<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Founded in 2011 by Sahil Lavingia, Gumroad provides creators with the tools to build an audience, sell their work directly to an audience, and earn a self-sustaining income from their work. The company is backed by an all-star team of angel investors, including Basecamp CEO Jason Fried, Naval Ravikant of AngelList, and AngelList founder David Plouffe. The company closed its first round of funding in twelve hours, and now has a waitlist of more than 1,000 investors.<\/p>\n\n\n\n<p>In addition to providing a product to customers, Gumroad has also developed a game concept called &#8220;Gumroad,&#8221; in which players take on the role of an entrepreneur who earns points for building businesses. They earn more points as they get more followers. Gumroad also allows users to pay bills with points they&#8217;ve earned. In addition to providing a product, Gumroad also eliminates the hassle of creating sales pages and merchant accounts.<\/p>\n\n\n\n<p>Gumroad isn&#8217;t the only company attempting to help creators sell their work directly to an audience. There are other subscription services, such as Ko-Fi and Patreon, as well as services like Cameo, Substack, and Teachable. However, unlike these services, Gumroad provides a unique story. Founded by an entrepreneur who&#8217;d previously worked for Pinterest, Gumroad identified a burgeoning market for selling work before others.<\/p>\n\n\n\n<p>Gumroad&#8217;s unique story has garnered an all-star team of angel investors. In the end, the company paid back more than $200,000 of its $6 million round. But that doesn&#8217;t mean the company is finished with its mission to disrupt the subscription space. The company plans to interview entrepreneurs in April, and hopes to use its AngelList fund to help another company raise a crowdfunding round.<\/p>\n\n\n\n<p>Ultimately, Gumroad&#8217;s philosophical approach will pay off. In the end, every person involved in the company will have a hand in shaping the future of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether you are a gumroad ceo or just a member of the gumroad community, there are some basic things that you need to keep in mind. Among these are: 1. Focus on serving a specific group of people Seeing is believing, but we&#8217;ve taken a stab at the voluminous eponymous, oh, let&#8217;s not forget Gumroad &#8230; <a title=\"Gumroad Founder and CEO Sahil Lavingia\" class=\"read-more\" href=\"https:\/\/www.kixland.com\/gumroad-founder-and-ceo-sahil-lavingia\/\" aria-label=\"More on Gumroad Founder and CEO Sahil Lavingia\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":80,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/posts\/68"}],"collection":[{"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/comments?post=68"}],"version-history":[{"count":1,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":81,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/posts\/68\/revisions\/81"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/media\/80"}],"wp:attachment":[{"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kixland.com\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}