Bootstrapping - the secret work week
onepix.me
onepix.me
After 6 months she was pretty pissed about the schedule. But after 7 years of bootstrapping, we sold our "side project" for over $10 million and she's pretty happy about it now.
The level of those short bursts is variable based on your own individual conditions (i.e., single college kids vs. married fathers of two), but the end state is the same if exceeded: burnout.
My advice would be to find a method that works well, and do it longer. The world is not going to end because your MVP wasn't released in three months.
Seriously though, why sacrifice so much for a mere 'side-project'? Either get a better/bigger idea and make IT your full-time work, or find a 40hr./week job that is fulfilling to you.
There is no other side project that will be as rewarding in the end as living your life freely with your family and friends. This is the last thing you should be sacrificing.
You seem to be implying that the only value someone could get out of building something is a full time job. That's not true at all. There's value in learning and getting better at building things. There's value in enjoying what you do and taking pride in building something you're proud of, even if it never makes a dollar.
As someone who has just taken his first employment, I've only been self-employed up to this point, I've found that even a 40 hour work week is restrictive. I'm still used to spending time with my family when work is low, or when I need to distance myself from a problem to properly think about it. I can't even lean into the other room now and ask, "Hey, anyone else want a cup of tea?" on my weekdays now.
I've fallen straight into schedule hell because I am a morning person, and now my only real time to "do things" with friends and family is in the evening... when I want/need to get some sleep.
You might call it selfish if you like, but how selfish is it to
> There's value in learning and getting better at building things. There's value in enjoying what you do and taking pride in building something you're proud of, even if it never makes a dollar.
at the cost of your friends and family? Especially your family! Too many kids grow up without parents because their parents are selfish workaholics.
Just because the values aren't held universally doesn't make them invalid. Sometimes, what is held universally is the worst thing you could possibly hold. You might grab an electric fence and feel okay, but who are you touching that's getting shocked in your stead?
That said, friends and family isn't a specific obligation for a set number of hours, that if you get in 30 less minutes one week it all blows up. It's a continuum of possible activities. Everyone needs to make their own choice. It seems silly to criticize someone else for doing a "side project", by implying that it must always be at the cost of friends and family. It's not.
I feel like this mentality is being bred in the startup culture solely for the benefit of companies with very little thought given to the potential impact it can have on someone's life. Working 40 hours a week you probably have ~30-35% of your life free to do with as you please (after sleep, work, commute, etc.). I'll let you do the math from there when you work 60-80 hours. We don't get enough sleep. We don't get enough vacation time. We don't have enough time to recover.
I feel that humans need balance in their lives. Balance will provide fresh perspective and allow you to continue being good at what you do. You have to "stop and smell the roses" as they say. I also feel like today's society is out of balance.
I feel like 40 hours is the most anyone should ever have to work. I feel like even that is too much. Unfortunately it's necessary in today's society. Mostly because a lot of what we develop and create doesn't actually allow us to work less. Usually it just makes a couple dudes rich.
It boils down to stop trying to do everything yourself. Put a dollar value per hour on your time and aim for $75 - $100. Then you realize doing something yourself is NOT free but extremely expensive. Then you can look into outsourcing (programming, virtual assistant, copy writing, etc) with a more open mind. Once you are doing that you are making much more effective use of your time and you will not need as much time to get more done than you are now.
Following this (especially points 6-8) worked really well for me http://sivers.org/how2hire.
It took me a really long time to get this and actually do something about it. It's very liberating and exciting to see completed work come back.
I have been doing this for four years basically working two full time jobs. It is not easy. During this time I have even relearned to code (Wrote some Java apps ten years ago).
It is not the ideal situation. I wouldn't recommend it to anyone because it's very hard to do a great job at both. Unfortunately I go back and forth when I'm succeeding at one the other usually suffers. When I'm succeeding at both at the same time it's usually because I've been working on the rings that are currently succeeding in alternating patterns for a long time and it just happens that it's finishing around the same time.
I have learned a lot and wouldn't go back and change much but I still wouldn't recommend it to anyone. I don't know from first hand experience but it seems a lot like those stories about someone working a full time job and going to law school at the same time in their mid thirties. Your life disappears and I doubt they'd recommend the same path to anyone else, but it can work.
I watch movies. Lots of movies. Probably two a week on iTunes. I end up getting a little less sleep usually because I don't start them until 11 or 11:30 but it seems to help me keep my sanity.
I hope you're not suggesting that an entrepreneur must be willing to sacrifice family time (or having a family at all) to be successful.
Because that's definitely bullshit.
"Drugs!?" hey, don't make the mistake of assuming that your values are universally held by everyone else...
I'm curious about how long the OP specifically has been pulling these 49 hour additional work-weeks.
I'd say it's more important to have co-founders that like the bootstraping idea too than having more time.
My startup, btw, is something like Punchd but not requiring everyone to have an iPhone, I built the web application (Python, Django... I even have some tests (integration and unit tests)), a mobile web app (JQuery UI), an iPhone app, web admin dashboard (stats, pretty graphs), etc etc.
All this in like 4 months of bootstraping, putting 1-3 hr a day (sometimes a lot more) and a saturday or sunday here and then. Seriously I think we have most of the features that Punchd or Five Star Card have and all this with my own money we own 100% of the company.
By far we're not profitable, but as soon as one client starts paying (next month, crossing fingers)... boom profit.
I don't know, maybe we have a very good work ethic, but we do fuck around a lot! (Hacker News, parties yay!)
It's tough when you're bootstrapping a web app and
still have a day job.
Beware of $dayjob claiming your $idea once it shows signs of taking off.I think you should tell your day-job about your potential business before you start. Get them to sign something that says
1) You agree not to use equipment/premises belonging to $dayjob to build $idea
2) You will never work on $idea during any hours you're getting paid by $dayjob
3) $idea does not directly compete with $dayjob
4) They recognize that they have no claim to $idea or anything else you build to support it
If $dayjob is a large enough to have a dedicated HR dept they probably have a specific form to fill out.
Most employers don't want to hire someone who is running a business on the side - they want all your attention focused on their needs and couldn't care less about yours.
If nothing else, it will make your life easier if you ever want to take on funding for your new business.
Now I've got the itch to pursue another idea, but I've got a 2 year old and a 4 month old at home so I'm a lot more wary.
I think if I was to have another go at it, I'd find a co-founder who has a similar family situation so we can help each other through the rough patches. Going solo with this kind of schedule and having a family life is a little maddening.
The process of building something (although difficult) should be fun (at least part of the time). If you're having a great time doing something chances are you are more productive and willing to stick it out over the long term.
If you need more time freelancing could be a viable option that affords you the financial and mental stability of a regular job while working on your own project. The reality is that there are probably many ways to go about this but I think it is important not to sacrifice your happiness. If most startups fail, throwing your life at it (Social, Romantic, etc.) will certainly make things worse if your project does not work out.
That being said, I prefer more work life balance. I do suggest looking at how much coding you are doing and make sure you aren't doing too much. One of the biggest mistakes I made with my last startup was thinking coding would make us successful. I should have spent more time measuring and selling and not pivoting every time we received criticism or a "better idea."
Good luck!
It's a hellish experience, full of not being able to do other things with my life including maintaining my health and expanding my life outside of the computer screen!
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- I could not find your name on the site (I just wondered who was being the service)
Hope this helps!