Here's the original thread: http://news.ycombinator.com/item?id=779378
Here's the original thread: http://news.ycombinator.com/item?id=779378
It was a little depressing to read that list b/c I have to do all that stuff and code, and I'm doing it part time. Very jealous of the people working full time.
While today, it's amazing to have Spencer taking care of these things, delegating my workload in the beginning was a bit painful. We had stacks of paperwork to exchange and coordinate with our lawyers and accounting company. With OCD, was also difficult not to nit-pick ever single detail in the beginning. But as it began evident that he knew his shit (having ran several companies before joining us as an equal partner), these tendencies quickly subsided and our productivity skyrocketed.
Thanks for sharing!
As a very technical, yet non programming, individual who is interested in start-ups and entrepreneurship, I really appreciate this list. As I work on my MBA and dream of one day starting my own company, I often wonder if I should relearn programming or focus on other skills. The more I think about it, the more I realize that my time would be better spent actually running a company and letting others program. Your list is a fantastic resource for the things I need to be thinking about and learning in order to be better prepared!
2. Doing all the business related tasks.
3. Doing all the customer service.
4. Handling all incoming e-mail.
5. Doing all of the social networking stuff (facebook, twitter).
8. Tracking all of our expenses, etc., into Excel and getting everything ready for accountant (see 7).
13. Handling payroll. I do that.
14. Dealing with the bank accounts. I deal directly with the small business rep at our bank.
16. Handling all incoming advertising requests, setting up their campaigns, etc.
17. Dealing directly with all our merchants (credit cards + PayPal). Dealing with the very few chargebacks we receive.
18. Paying all of our bills (server expenses, software licenses, domains, advertising, etc.) and monitoring our cash flow.
20. Anything that requires a phone call. Incoming or outgoing.
Frankly, this sounds like work for an administrative assistant more than an equal equity partner. 1. Writing the copy for the website. Mainly keeping the support documents up-to-date.
6. Doing all of our marketing. Handling Google AdWords, banner advertising, text advertising, etc.
7. Dealing exclusively with our accountant
9. Handling all legal work with our lawyer.
11. We all come up with ideas for product development.
10. Doing all of our networking. I'm the guy that goes to all of our relevant events.
12. Blogging. I do all the blogging.
15. Market research. I find out as much as I can about our competitors, what they do, etc. I also learn about our market as a whole.
19. Pitching. I handle all of that.
There is no reason a technical founder wouldn't be able to do these things and continue to work on the product.If the scope of business and the size of the startup justifies it a business minded founder can certainly be a good thing.
And it allows the business guy to grow. Eventually you will want to have a business guy anyway, so it's a sound approach to train him from day 0.