If you desperately want a squillion dollars, read PG. If your idea of fun is running a big office, read Spolsky. If you have other priorities, I can't think of a wiser voice than patio11.
If you desperately want a squillion dollars, read PG. If your idea of fun is running a big office, read Spolsky. If you have other priorities, I can't think of a wiser voice than patio11.
And if you think Patrick is some kind of monk doesn't want a "squillion dollars" you haven't been paying very close attention.
Patrick is a smart (and very nice) guy with some really useful knowledge and a very analytical mind. He's also exceptionally good at communicating.
It's that last part that he has in common with PG and Spolsky.
His actual advice and experience is severely lagging behind his ability to promote and communicate. Certainly his ideas about how to run a business are far from proven. He hasn't even repeated the success of BCC himself yet.
PG's startup advice is directly responsible for dozens of very successful companies. Probably hundreds. Spolsky's advice on running a software company improved the way thousands of them are run.
Patrick may get there eventually (he's got all the right skills), but let's not get too carried away yet.
I don't think that he's either a monk or avaricious. I think that he prioritises balance. He has written both about the 80-hour weeks that drove him to quit his day job, and the problem of what to do with yourself if your day job takes five hours a week.
PG and Spolsky give really good advice on how to run a good company. Patrick gives really good advice on how to live as a software entrepreneur.
In his seminal essay How to Start a Startup, PG describes a startup as "Instead of working at an ordinary rate for 40 years, you work like hell for four. And maybe end up with nothing". He sees a startup as inevitably stressful and growth-led and focussed on an exit - he'd be a lousy investor if he advised his proteges to do otherwise.
Spolsky places a great deal of emphasis on creating a great working environment for himself and his employees, but he still basically understands "work" to mean sitting in an office for 40 hours a week. Spolsky seems to find running a mid-size company intrinsically satisfying, which is fine but not for everyone. I don't want to sit in an office.
Patrick is the only person I know writing so intelligently about creating companies where the wellbeing of the founder is the primary objective. He seeks to get Pareto's 80%. He seems to often leave money on the table because he doesn't see it as being worth the hassle. I don't see anyone putting so much thought into building companies that practically run themselves.
Regardless of whether Patrick has the right answers, he's asking the right questions, something I see as far more important. I see too many people in the startup world who are sick with stress, malnourished from ramen and pizza and chronically sleep-deprived. Our culture is streaked with the idea that killing yourself for your business is a badge of honour.
Thinking about how to make money is smart. Thinking about how to live well is wise.
[1] http://blog.fogcreek.com/our-marketing-is-up-fog-creek-and-w...
Edit: obviously the advice and experience in question is fairly narrow and Joel wouldn't hand the keys of FC to Pat, but to solo and micro startups, his advice is gold.
This is the doubt that inevitably sneaks up on the hope you get when you read small business advice. If what you say is true, why are you spilling the beans? Why don't you protect your secret and reap all the reward for yourself?
Imagine you had a business that took 20 hours of your time each month and brought in $10k/mo. Your options now are:
A.) go surfing. forever.
B.) build another business that takes up another 20 hours of your month and brings in another $10k/month.
If you iterate this out enough times, you'll notice that option A goes away after a few cycles, and suddenly you have a full time job. Sure, you're bringing in more money, but your quality of life is back to that of every other schmuck with a full time job.
Since the stated goal of the enterprise is "pay for me to have fun with the least possible effort", it just doesn't make sense to find ways to add effort and subtract fun from that equation.
Similarly, some smart people trust me regarding knowledge, execution ability, and character. This is largely a function of being generous with what I know. If you were hypothetically in Ogaki and bought me coffee, I would happily talk about your problems until I ran out of breath. There exist people who are happy to buy that, and they generally pay substantially more than coffee, for example to guarantee availability or reschedule the chat from ogaki to 18 hours east.
I don't think that, working alone, he could "reap all the rewards" because he just couldn't cover N small niche businesses like BCC.
Also, he's not selling advice beyond consulting, so it seems quite authentic.
FWIW, I think even small software businesses have a lot to learn from pg and Spolsky (among others).