Keep the day job and build it on the side...
37signals.com
37signals.com
I realize that it's not supposed to be easy to build a successful business. But if it's so hard, why should we make it even harder by pursuing our business every night when our mind is already fatigued from a full day of work?
I'm doing a startup on the side because I have to. I'm not able to take on the risk that comes with quitting my day job, especially in this economy. Especially when I like my day job. However, if I could pursue my startup full time, you better believe I would. In a heartbeat.
I do agree, however, that applause should be withheld until something comes to fruition.
Sorry if this comes across as negative, but I write this as I'm up late writing code instead of sleeping. To all of you would-be entrepreneurs thinking of starting something on the side: go for it! It's fun! :-P
Doing it on the side is very hard, but I'm one of those people that can't sleep if I'm worrying about what I'll put on the table tomorrow ... since I have a family. I know that having a family is not an ideal scenario for starting a startup, but the support I have from my wife really helps (not to mention that we are in love, plus I have a social life that helps me relax), so it's a tradeoff.
Besides ... the real advantage of doing it on the side is that you don't have enough time. With such harsh limitations you start cutting down the bullshit and deliver the minimal functionality that does the job, improving what really matters and prioritizing your next features ... as opposed to day-dreaming pink ponies (as I usually do when thinking of a new project).
In some senses it's the harder way of doing it. Less heroic, like getting code written to time, without bugs, without fuss, working 9 to 5, no drama.
He's saying that the room burst into applause because someone took the dramatic step of quitting their day job, and he feels that that isn't, of itself, deserving of applause.
Aren't you agreeing with him?
Quitting your job is harder.
Keeping your job and actually making something profitable is the hardest.
I'm a fan of 37signals and have been reading their blog for years but the tone of their recent posts have gotten strangely negative. Just by applauding someone for quitting their job doesn't mean they're ignoring those that moonlight. I hope this post, 'The Next Generation Bends Over,' and the 'Mojito Island is a Myth' aren't indicative of a new direction for them. Every new post seems to be a defense of their business model.
True. I also think that applauding can also serve (such as in this case) as an encouragement, and not necessarily as a recognition of success.
There's nothing wrong with applauding both at the start and at the finish line.
I think that the author of the post had something to express, like "starting a side-project is also courageous" and "it's nothing wrong about starting a side project", and he felt that it should be in strong opposition with the current appearances (people encouraged to quit their job). It's a little shallow, but not necessarily negative.
In this case, "if you're not doing it full time, if you're not fully committed, you always have an easy out. By quitting, and officially dedicating yourself to your new venture, you've given yourself a big incentive to give it your all. It's like the Greeks who burned their ships on the shore" (or something along those lines).
I believe in this case armies were showing that they were fully committed to your enemies. It was a demoralizing act to defenders.
The same might be said of startups. Quitting can signal to others (investors/potential employees/customers) that you are serious. However, I feel like this thread has taken an introspective slant. I'd caution anyone quitting who is trying to signal to themselves.
Also see http://en.wikipedia.org/wiki/Point_of_no_return#Related_expr...
Fear can be a powerful motivator. Of course, if things go wrong, you end up murdered by massive armies of Indians. Or something.
If the norm was to do a startup on the side whilst remaining in full time employment, then I'd say it's pretty likely 37singles would do a post about how you should have the balls to quit your job and how you're doing yourself a disservice etc etc
In this case, the post reflects 37signals' experience building their product business as a "side project" while still doing consulting work as a "day job."
When they focus more on "Here's what we did and why we think it worked for us" instead of "Here's what you're doing and why it's dumb" then their posts are much more informative.
"If you treat it like a hobby, it will be a hobby. If you treat it like a business, it can be a business."
Considering the average startup founder works about 50/hrs a week.. there's plenty of time.
IMO, having more than one job is just going to split your thoughts and wouldnt help much in either of them.
It is true that it is going to split your thoughts and it gets really, really tiring.
But it can help if in your job-related projects you start seeing patterns of what people want, how to please them, how to talk to them to get details about their business that they forgot to mention, etc ...
The implementation of your side-projects suffers for sure, but you can gain a lot of knowledge from your social interactions with clients. I used to hate consultancy work for many reasons, but the bottom line is that I learned a lot too.
I guess the answer to this question (quitting your day-job or not) is the same useless and moronic answer given to all things complicated ... it depends.
For most consulting agencies, there's no single client you always work with, so you have more variety of projects, less drudgery. And, assuming your field is related to your project, it's more likely that the consulting work will feed back into learning things that help you build your own stuff.
It's still pretty annoying, of course. Especially doing customer support for our side project is problematic.
But I personally think that doing our own projects has helped us get better, easier-to-work-with clients.
And if we had tried to force Freckle to pay our bills (there are four of us) right away, we would have had to make many more compromises than we have.
On the balance, I'd say we could be dealing better with the situation, but I certainly wouldn't have done the quit-the-dayjob thing myself.
If I say I am building a business in the evenings, do you feel like there will be much value in a one-time round of applause? Positive effects of your support will be minor, and will wear off long before they affect the outcome of my venture. Unless you're willing to get interested in my project and show support on a regular basis, or at some critical juncture (eg launch) it's just not that big of a deal. I certainly wouldn't find applause useful (in fact if you applaud work that isn't deserving I'll find it harmful). I need criticism, attention, resources, and frequent but pragmatic optimism.
On the other hand, if I say I am quitting my job, that means I am going through a rather dramatic change. Many of the decisions I make and actions I take in the next few days to weeks will make a big difference. A one-time bit of motivation-- other people letting me know I'm not alone and that my decision can really work out for the best-- can be very significant.
Then you or I or anybody comes along and picks over their history.
Scan over their twitter feeds, pick up bits and pieces. Dig thru their "open to the public" feedback with responses.
All of a sudden, we are in possession of a lot of valuable data. eg. Unhappy customers. People wanting things which they arent able to get. Features you overlooked. Features you thought were good and without building are not so. Potential users to aim your product at. Woe them away ( might not be very ethical )
All this data will aid in the creation and moulding of your own startup. Its a little ironic. Yet at the same time. Its a completely new approach to competition
I note that you havent mentioned your competition or "the idea".
Do you think the competition would take you seriously? Serious enough to start making private ( Closed walled ) around the feedback from their users? Should they?
Its all food for thought.
Bottom line as already mentioned, dont give up! Im sure the internet has space for a few of the "same sort of web application". As I read earlier today, it is all about execution. ( I at least hope it is )
Post the url :)
I've been side developing one of those "for me" projects for some time, there's 4 other competitors out there which leads me to conclude that it could be a "for them" project as well.
and while I've been developing, I've been on a monitoring blitz, using their project, etc. looking for things that they're having issues with that either I can take care of, or make sure to leave out so I don't have the same headaches.
To also add, since you're going through the whole media side of things with their product, you'll be well prepared to defend approaches/features/etc within yours since you had to critique it against them.
It has been about four months since I quit my day job to pursue this startup, and let me tell you, quitting was not easy. It was a very tough decision and honestly more stressful than it was to get the job in the first place. I don't think I deserve any applause just for foresaking a steady paycheck, but I wouldn't make the blanket statement that it is easy, either.
Finally, I will be launching my startup this week! I am up late making finishing touches to the website. I will be making a "Review my startup" post here on HN when it goes live. I can't wait.
It reminds me of the pg essay about looking for funding - when that's what you think about when commuting, in the shower, before falling asleep, you'll lack the focus to continue building. I find my degree has the same effect, and probably most jobs do as well. An exception might be for part-time or menial jobs - I remember one blogger saying that worked 20 hours a week in a coffee shop, and spent all day thinking about what to hack on when they came home.
I disagree with the sentiment of this post, but THAT statement is absolutely true. So much so, that "hacking" yourself to do so is a really good idea. As you say, it's easy to quit. It's ESPECIALLY easy to quit if you're doing it on the side. "Oh that side project? Yeah, I kinda lost interest in that" is easy to say and no one will care. It's a LOT harder to say, "Oh, the idea I quit my job over? It failed." because that makes you look like a failure.
Quitting your job is a similar psychological hack to fatblogging or announcing an engagement at a big party. Or burning the ships once you reach foreign shores. Being "desperate" is what can often push you through the crappy or boring parts of your startup.
Too bad. Doing what you love on the side means you don’t have to risk everything immediately. You have a steady income so you’re less desperate. You can build it slowly until whatever it is is such a success that it justifies quitting your regular job. It’s a measured approach instead of a toss of the dice. Plus, you can easily turn around if you go down the wrong path (or lose motivation).
Maybe these “keep the day job and build it on the side” folks are the ones who really deserve the applause.
I will refrain from calling myself "real results" since I don't know what your criteria for that are, but my new hobby replaced WoWing away my nights-and-weekends. Less dragons, better loot.
http://blog.jedchristiansen.com/2008/02/25/37signals-is-one-...
Especially since we all know that they've turned down lots of buy offers, and only accepted an investment from Amazon to have access to Bezos. How dreamy.
Not that that proves their assertions are universally applicable, however, they certainly prove that side projects CAN be a (much less treacherous) path to success.
For what it's worth, that's what we're doing with our time tracking service, Freckle (http://letsfreckle.com). Just last week, we passed revenue of $4k/mo and I estimate we'll be able to live off it by end of January 2010.
Building it on the side lets you make different decisions. You can focus on getting a small amount of revenue quickly. Can't live on that alone, but paying customers are the ultimate metric, and you can iteratively improve using that.
You have the most free time you'll ever have in college. It just gets worse the older you get.
At most small- to mid-sized businesses, the work contract is totally negotiable. And if you're amazing enough, at big ones, too.
They have to need you more than you need them.
And you have to say "This is non-negotiable to me" and mean it. If they won't bend on the contract, you don't work for them.
Lots of people say that negotiating is hard, but that's not really true. Yes, it's tough to walk away from something you want -- and if you prefer to compromise, rather than walk away, that's fine, but that doesn't make the actual negotiation hard. It means that you don't want the concession badly enough to walk away.
Negotiation doesn't mean you always get your way, but it means you don't bend when you don't want to bend.
The likelihood that you or I would have enough leverage (e.g. they want us more than we want them) to throw around with Google, say, is very low. But there ARE people out there who do have enough leverage, by dint of fame, connections, history (what they've worked on), experience and exclusive experience.
I negotiated every job I've ever had, including one where (while employed) I negotiated a 4-day work week, and another where I got them to pay for any conference I spoke at - regardless of whether it was job-related. Not to mention salary increases and profit sharing.
The brutal fact is that most people don't try.
Most people, in such situations, are so excited/starry-eyed by the idea that X is interested in THEM, that they don't stop to think who holds the position of power in the relationship.
Not at Google. This may arguably be a shortsighted move, but Google often walks away from the table even after they've spent months wooing some luminary.
The prima donna attitude is usually a fast way to get a NO HIRE. Pretty much any employee at Google feels perfectly comfortable saying NO HIRE to absolutely anybody. This attitude is encouraged at the highest levels.
I guarantee you that if Linus Torvalds himself were being interviewed, some jackass would still be giving him questions about missionaries and cannibals crossing a river. And if he didn't get it, they'd write "not mentally agile enough" on the interview report.
http://nabeelhyatt.com/post/130164127/instead-of-watching-tv...
Should you drink their Cool-Aid? Only if you're thirsty.
Why get a divorce? Just keep your new girl on the side as an affair and see if it works out.