Platform Early Adopter Advantage

A strategy for approaching new platforms and technologies, focusing on being an early adopter to maximize potential upside while accepting frequent failures.

Core Philosophy

  • Being optimistic and early pays off in technology
  • Willing to look stupid sometimes by trying new things
  • One big success can offset many failures
  • Being early helps build valuable networks

Early Adoption Strategy

  • Try every new platform as soon as it launches
  • Become a power user quickly
  • Put in meaningful time and money early
  • Don't wait for consensus or widespread adoption
  • Accept that most attempts will fail
  • Focus on learning from each experience

Success Metrics

  • Only need one platform to work for massive returns
    • Example: Ethereum ICO was 17ยข, now $1,700
    • Early Twitter users gained large followings
    • Early investors in successful platforms see huge returns

Real World Example: Friend's Approach

  • Tries every new platform immediately
  • Becomes top power user on multiple platforms
    • #1 on Product Hunt
    • Leading user on NFT platforms
    • Top buyer on Rally Road
  • Invests small amounts across many platforms
  • Maintains consistent engagement

Risk Management

  • Keep individual investments relatively small
  • Spread bets across many platforms
  • Focus on learning from failures
  • Build network and knowledge even when platforms fail
  • Use early adoption as competitive advantage
  • Leverage learnings for future opportunities

Time Investment Strategy

  • Dedicate consistent time to explore new technologies
  • Schedule regular review of new platforms
  • Stay informed about emerging trends
  • Build expertise across multiple areas
  • Maintain curiosity about new innovations
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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