Sahin Boydas
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Where Most Founders Go Wrong with Viral Marketing

Where founders go wrong with viral marketing and referral programs: the incentive, timing and product mistakes that waste money, and the fixes that work.

2024-04-037 min read554 words

I'm sharing the referral program strategy that helped us hit a 7-figure exit. I'll also be honest about the mistakes we made that cost us money and the lessons that paid off big time.

What I've Learned From 60 Companies

A few patterns in viral marketing come up again and again.

The founders who handle viral marketing well understand that the market doesn't care about your roadmap.

The Reality Nobody Talks About

A lot of the advice on viral marketing rests on assumptions that made sense five years ago. The world has moved on.

The first thing to understand is that simplicity beats complexity every time. I've seen this play out across dozens of companies. The pattern is unmistakable.

Many teams spend months on the wrong path before realizing that your team matters more than your technology. Once they make the switch, everything changes.

Lessons From the Trenches

I want to share a few specific lessons I've picked up over the years. These aren't theoretical. They come from real companies, real failures, and real successes.

Lesson 1: The best time to start thinking about viral marketing was yesterday. The second best time is now. Don't wait until you have the perfect plan.

Lesson 2: Hire for attitude, train for skill. The best people at viral marketing are rarely the most technically gifted. They are the most curious and persistent.

Lesson 3: Your competitors are probably getting this wrong too. That's your opportunity. While everyone else is following the same playbook, you can zig when they zag.

This connects to broader themes around SEO for startups, product-led growth, referral programs, retention strategies that I've been thinking about a lot lately.

Wrapping Up

I've shared a lot here, and I know it can feel overwhelming. But you don't need to get viral marketing right on day one. You just need to get started and keep improving.

Founders who do well at viral marketing tend to share one trait: they're relentlessly practical. They don't chase perfection. They chase progress.

That's the mindset I'd encourage you to adopt. Start where you are. Use what you have. Do what you can. And keep pushing forward.

As always, I'm rooting for you.

FAQ

Frequently Asked Questions

Q:Do all experts agree with this view?

No, and that's fine. The best ideas in business are often contrarian. I share my perspective based on my experience and data, but I encourage you to seek out opposing viewpoints and form your own conclusions.

Q:What experience informs this perspective?

This perspective comes from over a decade of building companies in Silicon Valley, two successful exits (RemoteTeam to Gusto, MovieLaLa to Gfycat), and investing in 234 startups including Anthropic, OpenAI, and Scale AI. I write about what I've lived.

Q:How can I apply this thinking to my own situation?

Start by identifying the core principle behind the opinion, not the specific example. Then ask yourself: does this principle apply to my context? If yes, test it in a small, low-risk way before going all in.

Q:How has this view evolved over time?

My thinking on most topics has changed significantly over the years. Early in my career, I held many conventional views that experience proved wrong. I try to update my beliefs when the evidence changes.

Written by

Sahin Boydas

Serial entrepreneur, #1 angel investor, author of Becoming Top 1%

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