<p>On the podcast, I talk with Greg about knowing when to pivot, why most consumer apps shouldn't raise VC, and why making free trials optional outperformed making them the default.</p><p><strong>Top Takeaways: <br></strong><br>📉 <strong>Know When to Pivot<br></strong> Wrangle struggled because it wasn’t solving a real problem. Burner succeeded because it met a clear need. Don’t be afraid to pivot when the product isn’t working.</p><p><strong><br>💭Most Consumer Apps Don’t Need VC</strong></p><p>Venture capital can be a blessing but also a curse. If you attract investment that doesn’t line up with your product vision or culture, the cash injection can turn out to be a costly mistake. Building a business that pays for itself is a better fit for most founders.  </p><p>🔑 <strong>Focus on Retention <br></strong> Success is about keeping users, not just acquiring them. Burner’s ability to retain users, even short-term ones, proved its value. If users keep coming back, you’ve found something meaningful.</p><p><br>🛠 <strong>Trials, Errors, Wins<br></strong>Testing was crucial to Burner’s growth. Every experiment was a learning opportunity. Don’t guess—test continuously, especially pricing, to find what drives retention and revenue.</p><p>🎯 <strong>Small Changes, Big Results<br></strong> Minor tweaks, like switching to a free trial, led to significant growth. Optimize for retention with quick, simple changes. Even minor adjustments can have a substantial impact on results.</p><p><br><strong>About Greg Cohn:  </strong></p><p>🛫 Founder and CEO of <a href="https://www.adhoclabs.co/">Ad Hoc Labs</a></p><p><br>📱 Greg Cohn is the founder of Burner, the leading mobile app for managing personal privacy through disposable phone numbers. With a passion for solving real-world problems, Greg transitioned from an early startup failure to building a successful business that prioritizes user privacy, simplicity, and seamless functionality.</p><p>👋 <a href="https://www.linkedin.com/in/gregcohn/">LinkedIn</a><br> 💬 Text Greg’s Burner: (323) 579-1830<br>🧑‍💻 <a href="https://www.adhoclabs.co/careers">Open Roles at Ad Hoc Labs</a> (Mention “Sub Club” to get a closer look at your resume.)</p><p><strong>Follow us on X: </strong></p><ul><li>David Barnard - <a href="https://twitter.com/drbarnard">@drbarnard</a></li><li>Jacob Eiting - <a href="https://twitter.com/jeiting">@jeiting</a></li><li>RevenueCat - <a href="https://twitter.com/RevenueCat">@RevenueCat</a></li><li>SubClub - <a href="https://twitter.com/SubClubHQ">@SubClubHQ</a></li></ul><p><br><strong>Episode Highlights:</strong></p><p>[0:00] The concept behind Wrangle, Greg’s first app</p><p>[1:39] Twilio’s role in developing Wrangle and early challenges</p><p>[3:24] Burner’s breakthrough with the “burner” feature for privacy</p><p>[9:42] Wrangle’s pivot and what went wrong</p><p>[13:36] Moving from paid downloads to a subscription model for Burner</p><p>[24:47] Importance of user feedback in shaping the Burner product</p><p>[33:24] The credit system and why it transitioned to subscriptions</p><p>[38:55] Why retention and cohort analysis are key to Burner’s success</p><p>[44:29] How Burner integrates new features like VPN for growth</p><p>[54:33] Premium tier features: phone number lookup becomes popular</p><p>[1:02:18] Bundling products: the decision to expand Burner’s offerings</p><p>[1:09:53] Greg’s thoughts on acquiring apps vs building new features</p><p>[1:23:38] Win of the year: faster paywall testing speed for Burner</p>

Sub Club by RevenueCat

David Barnard, Jacob Eiting

Pivots, Funding, and Building Apps That Last – Greg Cohn, Burner

DEC 10, 202589 MIN
Sub Club by RevenueCat

Pivots, Funding, and Building Apps That Last – Greg Cohn, Burner

DEC 10, 202589 MIN

Description

On the podcast, I talk with Greg about knowing when to pivot, why most consumer apps shouldn't raise VC, and why making free trials optional outperformed making them the default.Top Takeaways: 📉 Know When to Pivot Wrangle struggled because it wasn’t solving a real problem. Burner succeeded because it met a clear need. Don’t be afraid to pivot when the product isn’t working.💭Most Consumer Apps Don’t Need VCVenture capital can be a blessing but also a curse. If you attract investment that doesn’t line up with your product vision or culture, the cash injection can turn out to be a costly mistake. Building a business that pays for itself is a better fit for most founders.  🔑 Focus on Retention  Success is about keeping users, not just acquiring them. Burner’s ability to retain users, even short-term ones, proved its value. If users keep coming back, you’ve found something meaningful.🛠 Trials, Errors, WinsTesting was crucial to Burner’s growth. Every experiment was a learning opportunity. Don’t guess—test continuously, especially pricing, to find what drives retention and revenue.🎯 Small Changes, Big Results Minor tweaks, like switching to a free trial, led to significant growth. Optimize for retention with quick, simple changes. Even minor adjustments can have a substantial impact on results.About Greg Cohn:  🛫 Founder and CEO of Ad Hoc Labs📱 Greg Cohn is the founder of Burner, the leading mobile app for managing personal privacy through disposable phone numbers. With a passion for solving real-world problems, Greg transitioned from an early startup failure to building a successful business that prioritizes user privacy, simplicity, and seamless functionality.👋 LinkedIn 💬 Text Greg’s Burner: (323) 579-1830🧑‍💻 Open Roles at Ad Hoc Labs (Mention “Sub Club” to get a closer look at your resume.)Follow us on X: David Barnard - @drbarnardJacob Eiting - @jeitingRevenueCat - @RevenueCatSubClub - @SubClubHQEpisode Highlights:[0:00] The concept behind Wrangle, Greg’s first app[1:39] Twilio’s role in developing Wrangle and early challenges[3:24] Burner’s breakthrough with the “burner” feature for privacy[9:42] Wrangle’s pivot and what went wrong[13:36] Moving from paid downloads to a subscription model for Burner[24:47] Importance of user feedback in shaping the Burner product[33:24] The credit system and why it transitioned to subscriptions[38:55] Why retention and cohort analysis are key to Burner’s success[44:29] How Burner integrates new features like VPN for growth[54:33] Premium tier features: phone number lookup becomes popular[1:02:18] Bundling products: the decision to expand Burner’s offerings[1:09:53] Greg’s thoughts on acquiring apps vs building new features[1:23:38] Win of the year: faster paywall testing speed for Burner