Ryan Myher

Co-Founder of Lore

Ryan Myher is an 2X entrepreneur and Co-Founder & COO of Lore. Before Lore Ryan was the Founder and CEO of No Code No Problem which was acquired in 2022 and Magestic AI which was the first generative AI plug-in for Figma with over 20,000 users.

What is your typical day, and how do you make it productive?

My days are actually quite boring, I wake up usually around 9AM, kick my day off with some Matto coffee and meetings/emails.

Other than that it’s usually filled with administrative tasks, meetings, and communicating with prospective customers.

How do you bring ideas to life?

Starting with the most immediate actionable items. It’s easy to get caught up with lofty goals and no real way to execute them. What is one thing that you can do immediately that will actually make a difference? It’s important to be hyper critical on yourself because you will naturally want to do things that feel important but aren’t meaningful in any way.

What’s one trend that excites you?

I have always been a huge advocate for no-code, I think Github Co-Pilot/GPT Code Interpreter can make the space evolve like nobody had imagined. Seeing tools like Bubble/Adalo transform how people build through a new abstracted view seemed dystopian for many developers but the reality may actually be in a low-code solution that combines both visual abstraction and AI tooling.

What is one habit that helps you be productive?

Coffee. I like to pretend it doesn’t play an influential role in my day to day but it does. It helps me focus and gives me energy.

What advice would you give your younger self?

To learn the basics of software, I think something I’ve gathered though is the it’s extremely difficult (like learning any other language) to become proficient in something if the people around you are not equally motivated.

Learning in a silo is often unproductive.

Tell us something you believe almost nobody agrees with you.

There is a 99% chance you should not raise venture capital. Everyone with an idea thinks it is the right thing to do, however this is never the case.

What is the one thing you repeatedly do and recommend everyone else do?

Invest in your friendships. Whether it be random calls/facetimes, a thoughtful text, or buying them dinner. That is something I try and always do.

When you feel overwhelmed or unfocused, what do you do?

Drink more coffee.

What is one strategy that has helped you grow your business or advance in your career?

Side projects with enough love and attention are a great way to build a name for yourself within a specific community.

Provide value and stay consistent.

What is one failure in your career, how did you overcome it, and what lessons did you take away from it?

I’m not sure if I’d consider it a failure but our first business we built which could be described as making the internet multiplayer was a waste of months and about $30,000 in resources.

My learning from that is to kill things quickly.

What is one business idea you’re willing to give away to our readers?

Newsletters are an incredibly place to start. Use organic powerhouses like Tiktok, Reels, and Shorts as a top of funnel. Direct them to signup flow and turn them into an owned audience.

A newsletter list is so powerful because

1. You own it. TikTok can ban you but you still own that email list.

2. Advertising Revenue, companies are always looking for new channels to expand to, if you have a niche audience brands are willing to pay for access to those eyes!

3. Product Offerings, if you’re feeling more ambitious! You have the one thing everyone wants, distribution. You can test different software and physical goods depending on your audience.

What is one piece of software that helps you be productive? How do you use it?

Gmail.

What is the best $100 you recently spent?

I’d say Nobu with friends, it fits into the invest in your friends category but I also have a love for food so it’s always nice to appreciate a delicious meal.

Do you have a favorite book or podcast from which you’ve received much value?

I really enjoyed the book “Outwitting the Devil”.

What’s a movie or series you recently enjoyed and why?

I have been enjoying Suits on Netflix.

Key learnings:

  • Figure out how you can stack unfair advantages
  • Build things fast, kill them faster
  • Invest heavily in your friendships