Has potential but not yet delivering
IMHO right now it's a 3.5 but it could go either way and end up being a 5, or even a 1!
The Pros'
- On the positive side this is a good idea, it has the potential to deliver real value in the form of social interaction, feedback, motivation, mentoring and collaboration.
- The Slack community is positive and fairly active, not yet thriving nor yet appearing to struggle. It perhaps feels to me like it could go either way at the moment , but these things for users are to some extent a case of "the more you put in, the more you will get out, usually" mostly I am positive about it, So on that theme I will try to put more in soon once I get some time and see what happens. I think that once the core service of the meetings are working better the Slack community will become more active and useful. I feel it's already close to proving worth while and I'm hopeful if I reach out it will be useful.
- The founder seems very engaged and is clearly trying to build the value of this community, I'm reasonably confident he will succeed.
The Cons
- The core of this is valuable meetings with other entrepreneurs, but it's not working well yet. The founder is clearly trying hard to address this by changing how meetings are arranged etc. but from my limited experience so far the failure rate is 100% but that's not the founders fault, here are my results
Meeting #1 - Failed to meet, my fault I was a "no show" having missed the email notifications. However I did manage to rearrange the meeting. I don't feel I got any value out of the meeting myself despite having invested some time looking at the counterparties project.
Meeting #2 - Failed to meet, the counterparty failed to turn up. So a waste of my time.
Meeting #3 - Failed to meet, the counterparty failed to turn up. So a waste of my time.
So right now I'm feeling pretty irritated with this project it's been a waste of time and money, yet I am still hopeful it will deliver and if it does deliver I think it will payback well.
Overall I would encourage you to try it out, I think it's worth a shot because it could be so very useful, but please if you do turn up at meetings and remember to give as well as take!
Max_LaunchClub
May 9, 2024Thank you a lot for a detailed review. Appreciate both cons and pros.
- On Pros, we plan to integrate Slack and Video-meetings in the upcoming 2 weeks, by allowing members to save & share valuable insights they got from the meetings. That should provoke more interesting conversations.
- On Cons, no-shows were our main focus for the past 1 month and we managed to drive no-shows to ~10%. We use a points system to reward & match more punctual people with each other. Seems your points were affected negatively by the first meeting you missed and we didn't receive information on the rescheduling. Hence you were meeting quite a bit less punctual meetings for the 2 following meetings. I admit the points system is still far from perfect, but we assume the reduction in the no-show rate is largely because of that. If you can PM me in Slack I will have a look at your points!
Any ideas/preferences on matching, that could your next meeting would be magnificent?