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    Tom Blomfield

    tomblomfield.com · Personal blog · on HN since 2012

    Tom Blomfield, co-founder of GoCardless and Monzo, writes about startups, fundraising, customer growth, risk and founder mode.

    Visit blogHN submissions
    StartupsBusiness & StrategyTech Industry
    What HN says

    HN commenters link it as an example of Y Combinator-style startup advice and for its tips on picking and serving the right target customer.

    Stats for nerds
    16HN people shared it
    32linked in comments
    1.6Kstory points
    Dec 2021last shared
    2012people per year2021

    Top posts on HN

    1. 1
      When to join a startup
      1 person · 338 points · first shared 2016 · 113 comments on HN
    2. 2
      How to Raise Investment
      2 people · 215 points · first shared 2021 · 41 comments on HN
    3. 3
      Taking Risk
      2 people · 212 points · first shared 2024 · 293 comments on HN
    4. 4
      Automate Everything - the hacker way
      1 person · 146 points · first shared 2012 · 48 comments on HN
    5. 5
      Customer churn can kill your startup
      1 person · 108 points · first shared 2014 · 29 comments on HN
    6. 6
      How we got customers to sign up to Monzo in the early years
      3 people · 103 points · first shared 2022 · 116 comments on HN
    7. 7
      What is "founder mode"?
      2 people · 89 points · first shared 2024 · 65 comments on HN
    8. 8
      Making something people want - the GoCardless story
      1 person · 82 points · first shared 2012 · 18 comments on HN
    9. 9
      A crash course in startup metrics
      1 person · 72 points · first shared 2013 · 11 comments on HN
    10. 10
      Apple is propping up a fundamentally broken payments industry
      1 person · 49 points · first shared 2014 · 52 comments on HN

    What HN people wrote when they linked it

    • ignoramousDec 2021

      > And yet frame.io seems to be doing very well, it is popping up more and more places.

      The key is knowing who your target customer is and solve for them [0]. Then, you are in a good place where you either fire ones who aren't [1] or change your solution (rather, start with a burning, hair-on-fire problem your target customer has, not solutions) [2].

      Typically in a b2b setting, one starts out by addressing all needs (must-have) of their target customer as opposed to their wants (good-to-have). That is, other customers whose wants are NOT your target customers needs, you do not address them in the early stages of the product development [3]; and price / position [4] the product accordingly [5].

      When changing the solution, figure out if there's another much bigger adjacent problem, that you weren't paying attention to [6], staring you down [7].

      [0] https://hbr.org/2016/09/know-your-customers-jobs-to-be-done

      [1] https://www.michaelseibel.com/blog/users-you-don-t-want

      [2] https://www.ycombinator.com/library/8g-how-to-get-startup-ideas

      [3] https://apenwarr.ca/log/20211024

      [4] https://hackernoon.com/obviously-awesome-a-product-positioning-exercise-604e8ced841e

      [5] https://en.wikipedia.org/wiki/Marketing_mix#Lauterborn's_4_Cs_(1990)

      [6] http://paulgraham.com/schlep.html

      [7] https://tomblomfield.com/post/33506878578/making-something-people-want-the-gocardless

    • tomblomfieldFeb 2012

      I agree - I implemented it using Ruby, Sinatra & TwiML [1], but it should be a couple of clicks on Twilio.

      Come to think of it, they should really have some simple "If-this-then-that" style rules that non-developers could choose to implement a really simple IVR system.

      "If it's between 9am and 5pm GMT, then call 077xxxxxx"

      "If no-one picks up, then call 077xxx"

      "Else leave a voicemail".

      Why do I have to support a sinatra app to host some static TwiML?

      1 - http://tomblomfield.com/post/17571449233/home-brew-customer-phone-support

    • tim333Oct 2018

      Another ad for the YC school of doing these things

      > ...I’m a follower of Paul Graham and the YC camp of startup wisdom... http://tomblomfield.com/day/2015/12/13

      From the CEO/co founder, GoCardless (YC S11) alum

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