First-Time Startup Entrepreneurs: Stop F*cking Around
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Think about the opportunity cost here. You could be off making six figures but you decided to swing for the fences with your startup. That takes guts. So why would you slack off and waste time?
Maybe you didn't leave the 6-figure job solely to "swing for the fences", but also because you wanted a different lifestyle? I know "lifestyle businesses" are perennially unpopular in parts of SV, but part of the whole point of being your own boss is that you really can choose to, say, spend 10% of your workweek attending meetups, even if it doesn't produce a monetary ROI, and you don't have to justify it to your employer. One thing I do agree with in that regard is that it's worth making sure you aren't doing things just because they feel productive, but really aren't, which endless meetings can sometimes fall into. But, participating in interesting communities and culture can be worth its own opportunity-cost price of admission.
Beyond that, it depends on what you value in life. The commenter probably doesn't care about being the richest guy in the cemetery while someone else may be obsessed with keeping score. Not saying one way is better than another - to each his own.
Perhaps in the future, even succeeding, you'll look back to those younger days in which you put aside everything for your pet project and realise you lost the opportunity to have great experiences with your friends, boy/girlfriends, spouse, kids and/or family.
Remember, working passionately in what you love is great, but forgeting that you are not a working machine, and that you work to live, not the reverse, are perhaps more valuable advice for your future self than all the books on productivity in the world combined.
My point was that, as I've gotten older, I've found that my most meaningful experiences have come from seemingly random encounters with people. The startup world is full of interesting people, but they all are kind of the same in terms of their daily lives and motivations. I wish I had spent more time in my twenties connecting with people who care about things besides venture capital, IPOs and the latest technology stack.
To that end, I now go out of the way to stimulate more random encounters. I'd rather take a salsa dance class than go to a big data meetup.
I would still love to work at a startup at some point, but I'm not going to rush into it. I want to take advantage of my youth to discover more things that make me happy. I want to travel—a lot. I want to learn new languages. I want to meet amazing people. I also want to design and build things, but I don't think that it has to take over my life.
I'm very fortunate to be where I am now: fresh out of college, already doing something that I enjoy, and making enough money to be comfortable while working a reasonable number of hours per week. Do I have to dive immediately into the startup world to be happy? I don't think so.
Here are a few other posts that have hit home recently:
http://mrooney.github.com/blog/2012/07/01/freelancing-a-6-mo...
"In short, I felt that given a finite lifespan, there were more fulfilling and enjoyable ways to spend some of my healthiest years than 40+ hour weeks in an office."
http://news.ycombinator.com/item?id=4213386
"I think the kind of worry in this post is a response to the world born out of hyper-competitiveness, and I don't think its a healthy one."
http://news.ycombinator.com/item?id=4213736
"His mission statement shouldn't be that he wants a better epitaph. Other people get to write his epitaph, and by that time he'll be fucking dead. It's out of his control. What is in his control: whether his life was meaningful to himself. Did it express his unique talents, did it give him and others joy, did it help others? Did he make his own rules about how to evaluate his life or was he a slave to the caprices of fame and fortune? And this is about so much more than just a career."
I would like a private forum for people building lifestyle businesses.
I would prefer a free forum but haven't had the energy to start one myself. If you are interested in a "lifestyle business" or "micropreneurial" forum, shoot me an email and I'll see about putting together one.
Email in my profile.
I rarely have breakthrough "A-Ha!" insights into thorny code problems I'm working on while sitting in front a computer actually thinking about the problem but I have them quite often when out on a long walk being "unproductive" and not even consciously thinking about the problem. Once a problem reaches 3 or 4 levels of indirection my subconscious is way better than my conscious brain at solving the problem in an elegant way and I choose to "slack off" daily in order to take advantage of that.
Some examples (mine, not his): spending a few hours watching Google IO videos on scaling to a billion users, or a few hours tracking down reporters trying to pitch them your pre-alpha demo.
This link has been passed around here heaps, but it's Rich Hickey talking about how that "downtime" like you spoke of is not only part of the problem solving process, but it some cases that it's the most important part! http://blip.tv/clojure/hammock-driven-development-4475586
Lifestyle business aka "living dead"/zombie company is one of the negative outcomes for a startup- maybe the most negative.
If there are external investors it is probably true that a liquidity event is the goal but if owner funded or bootstrapped I don't see anything particularly bad about a lifestyle business that is profitable enough to support a good lifestyle.
I'm just saying that lifestyle business!=startup.
There's some confusion about the definition of a startup.
Nobody would argue that a sandwich shop that makes $200K a year is a startup, but some people would call a SaaS webapp making $200K a year with no plans for rapid growth a startup.
This article specifically applies to startups.
With outside investors you may be contractually stuck in all sorts of ways too.
I'm still not seeing it. I think the definition posted there is self-assuming.
It was not meant as a definition but an example of a possible case where bankruptcy is beneficial.
I was just trying to express a situation where massive failure is worse than modest ongoing profitability (zombie company) as the great-grandparent comment suggested was always the case for start ups. If you look at my other posts in the original thread I disagree strongly with the great-grandparent about the definition of success but I can understand at least the possibility of circumstances when full blowup is better than drifting along.
Anyway; there are many things you 'could be off' to and don't because you choose something else. And yes, companies (your own or others) need to make money; I see that it does, and you'll get rich if you deliver good stuff and watch your bottom line (which HN doesn't like, I know; you still should). It might take a bit longer, but your success rate will be higher. Don't think of what you could've or should've, focus on what you love and perfect it, it'll come.
So where's the middle ground? Usually, I find that my default stance is 'no'. I have work to do, and I have to guard my time. So I'll only take meetings that are interesting. But I think after reading this, I'll have to also add 'need genuine help' to the criteria.
I think something that Stammy could have added under "Workdays are Sacred" is how to say 'no'. What if it's a warm intro to someone that doesn't heed genuine help?
I've heard people call this "office hours" too.
Don't take meeting when you have work to do. If someone is asking for a meeting so someone can be a witness to their existence, push it to the weekend and take only the most interesting.
If there's something concrete you can fill them in on, or be helped with, be concise, clear and direct about it. There's a lot about startups that you can, and should be learning on your own all the time.
Work meetings can be doubled up during events, lunch, or coffee. Keep it on topic and on time. Getting together after work is an option too, it doesn't interrupt working time.
managers that want meetings simply because that is what they are supposed to do are not giving enough consideration to everyone's time. sometimes a meeting can simply be a managers way of giving an over worked team a break (hey let's watch this TED talk) but the pointlessness there, again, has its purpose.
I love meeting people, I love brainstorming ideas and revenue paths, I love hearing new perspectives, I love going out of my way to try to help people. When someone pings me for a meeting, I get excited and rearrange my schedule to get together. Maybe I can introduce them to a key contact, or help with some specific engineering challenge, or point out an unconsidered customer acquisition path. It's amazingly disappointing when I finally ask "so, how can I help you?" the answer is "join our engineering team."
If I could filter out all meetings that are secret recruiting initiatives, I'd be a happier person.
http://upload.wikimedia.org/wikipedia/en/c/c1/Daikatana_ad_-...
As for being a marker of casual speech / emotional thinking, sometimes that's exactly what you want to convey.
Obviously the only way to answer this is with personal opinion. For me, whenever I see a blog post with "why this fucking sucks" or other language I'm not necessarily offended. However I do feel like I'm suddenly talking to a child.
Fuck, Fucking, Fuckshit etc isn't shocking or expressive anymore. It's just an indicator of inexperience.
I can't seem to get my point across so instead I'll say I can't seem to get my FUCKING point across.
It's a perfectly useful stylistic flourish when used appropriately. (just like deliberately using bad grammar can be ... or emoticons ... or sometimes even putting a delimiting punctuation, but not actually delimiting a sentence)
It's not professional and after reading the first few sentences I had lost any respect for the author, which is probably unfair but his own fault for poorly choosing his language. He's not a fucking rapper, he's guest-blogging on a tech news site. Use some fucking professionalism.
Time is a continuous domain, so they don't really go one anything at a time. (Well, unless physiology is shown to have some kind of fundamental clock period.)
Oh and eventually go completely insane.
And my own piece of advice: if you've been trying (unsuccessfully) to launch your first company, listen to what this article is saying. Stop fighting, stop arguing, stop counter-pointing. Just listen for once. And then Do.