How To Create Network Effect For Your Product

Param Jaggi

Param Jaggi is the founder and CEO of Hatch Technologies, a company working to democratize the software development industry.

Param is an inventor and serial entrepreneur. At the age of 13, he invented the EcoTube, a patented device that reduces carbon emissions from cars. At the age of 18, he founded Ecoviate— a R&D organization focused on redefining consumer sustainability. Param has won numerous awards and was twice featured in the Forbes “30 under 30” list.

In this episode, Param talked about how he built his first mobile app while in high school and acquired users for the app largely through network effect, and how he started his second company, Hatch, in the process of doing traditional software development work for other companies.

“I’m a strong believer in building network effect into your product. You want to figure out how people can use your platform in a way that lets other people know about the platform as well. ”

– Param Jaggi


Hatch Technologies

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Halcyon Incubator


How to Build A Membership-Based Business

how to build a membership based business

Peter Mellen is the founder and CEO of Netcito, a network of peer advisory groups for entrepreneurs and innovators. He is a serial entrepreneur with over 20 years of experience in online business and commercial real estate and is an entrepreneur in residence (EiR) at Georgetown University, where he also leads the Georgetown Entrepreneurship Alliance.

In this episode, Peter talked about how he built Netcito from an informal gathering of entrepreneurs to a membership business. He also shared insights on why a support group is important for entrepreneurs and how to find work-life alignment as a founder.

“Your work should be aligned with who you are and what you want to create in the world.”

– Peter Mellen



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How to Build A Social Networking Platform

how to build a social networking platform

Ian Kaine MacGregor is the founder and CEO of Hitcher, a social media platform that allows users to build more targeted networks and have more control over their online privacy compared to the mainstream social networks.

During his time working in the design industry, Ian created tons of successful social media marketing campaigns for large enterprises. He had the idea to build a social media platform that was exclusive, and could eliminate unwanted social noise to create experiences with the people who really mattered in one’s life. In this episode, Ian talked about how he validated his idea, how he found collaborators for his project, how to deal with setbacks and acquire users, and why idea and passion do matter in this day and age when execution is emphasized over anything.

“(while execution is important) Ideas do matter. You have to trust your ideas.”

– Ian Kaine MacGregor



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How to Create A Business Supported by An Online Community

how to build an online community
Craig Zelizer is the CEO and founder of the Peace and Collaborative Development Network (PCDN), a vibrant online hub for professionals, organizations and students in the fields of social change, peacebuilding, social entrepreneurship, and social development.

Craig is a college professor turned entrepreneur. He started PCDN as a hobby in 2007. It became such a popular online community for his field that he left his job to focus on the project full-time. In this episode he talked about how to build an online following, the different approaches you can take to generate revenue once you have built an online community, and how to prioritize tasks as an entrepreneur.

And if you’re looking to learn and grow as an entrepreneur, you should check out Soundwise. Soundwise aims to offer a wide selection of audio courses in business and personal development, so that you can learn to become a better version of yourself…on the go. Soundwise just released a series of crash courses on how to build a startup. They are sourced from some of the best entrepreneurship classes ever taught at MIT’s Sloan School of Management, taught by real founders who have built successful businesses over and over again. They cover the essential insights you need to start building your business. And the best part, they are free! Go check them out at

“Prioritize and stay focused. For each task, ask if this will help your goals.”

– Craig Zelizer



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Entrepreneurship Crash Courses by Soundwise


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