Tech Removes Friction

Ev Williams (Twitter, Blogger, Medium founder) shares his framework for building billion-dollar internet companies by focusing on fundamental human desires and making them easier to fulfill.

Core Recipe Components

  • Take a human desire that has existed for hundreds of years
  • Use modern technology to remove steps/friction from fulfilling that desire
  • Focus on simplifying the process, not reinventing the desire

Real World Example: Twitter

  • Built on humans' basic desire to communicate and share information
  • Removed multiple steps from traditional communication methods
  • Simplified the sharing process to make it more accessible

Example Application: Squared Away (Virtual Assistant Company)

  • Identified core human need: reliable administrative help
  • Target market innovation: Military spouses as virtual assistants
  • Key differentiators:
    • Leverages positive stereotypes (loyal, organized, trustworthy)
    • Higher-touch service compared to traditional outsourcing
    • Premium positioning ($200 for 5 hours)
    • Appeals to American market preferences

Framework Success Factors

  • Focus on longstanding human needs rather than creating new ones
  • Look for opportunities to remove friction from existing processes
  • Use technology as an enabler, not the core value proposition
  • Find unique ways to deliver traditional services more effectively

The key insight is that successful internet companies don't necessarily create new desires - they just make it dramatically easier for people to fulfill existing ones through technology.

38:04 - 38:40
Full video: 59:05
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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