Category Archives: Startups For the Rest of Us

Our Predictions for 2017

Episode 317 | Our Predictions for 2017

Date: 2016-12-06

Link: Startups for the Rest of Us

 

It is going to be a while before (smartwatch companies) figure out what consumers really want and what will make them alter their lives.

There is not the killer feature yet (for smartwatches).

Health insurance companies are price-testing on their own customers.

Crowdfunding (for startup fundraising rather than products via Kickstarter) is going to fizzle out.

The risks for building a services company are dramatically lower than for building a SaaS.

You can change processes much, much faster than you can change software.

Subscription Pricing Models? Challenge Accepted.

Episode 316 | Subscription Pricing Models? Challenge Accepted.

Date: 2016-11-29

Link: Startups for the Rest of Us

 

Startups for the Rest of UsIf the value of a product goes up over time then you should charge a subscription.

If you have a SaaS app then offering monthly (subscriptions) and annual (subscriptions) is the way to go.

Run a test on the pricing page. Default to annual and see how many people go through. Default to monthly and see how many people go through.

Big prices increases are going to have a backlash even if you grandfather for a year or two.

Communicate with people as often as possible. Help them transition to another service (if you are shutting down or they need to take their business elsewhere).

On Attending Conferences, Opening a Bank Account, and Project Management Tools

Episode 315 | On Attending Conferences, Opening a Bank Account, and Project Management Tools

Date: 2016-11-22

Link: Startups for the Rest of Us

 

At conferences get to know people and learn what they are doing. Those relationships will provide value for years to come.

Swagg should exemplify what your business is.

You have to focus on something long enough for it to have legs. You can’t bounce from one thing to the next or else nothing takes hold.

Management Lessons for Founders

Episode 314 | Management Lessons for Founders

Date: 2016-11-15

Link: Startups for the Rest of Us

 

Startups for the Rest of UsOne of the goals of management is to move the business in the right direction.

Switching between maker-mode and manager-mode is very difficult.

(Management) is essentially a learned skill.

It is important to know what your shortcomings are when dealing with people.

Business objectives change frequently particularly in the early days of a startup.

You need to let people know what the long-term objectives of the company are.

Meetings are often the death of your maker-time.

The Viability of SaaS, Cutting-edge Technologies, and More Listener Questions

Episode 313 | The Viability of SaaS, Cutting-edge Technologies, and More Listener Questions

Date: 2016-11-08

Link: Startups for the Rest of Us

 

Startups for the Rest of UsThe landscape of SaaS businesses is starting to become more crowded.

The low-hanging fruit (for SaaS) is more or less gone.

Developers want to invent something new. They don’t want to reinvent the wheel.

Two ways to stand out are audio and writing a book.

Setting up a podcast takes a bunch of time.

You’re not going to release ten episodes and have any type of audience. It is a long snowball that you are pushing up a hill.

If you are going to be a solopreneur/bootstrapper you are going to want to learn how to market.

As a bootstrapper you don’t want to be excited about new tech.

9 Ways to Introduce New Ideas into Your Business

Episode 312 | 9 Ways to Introduce New Ideas into Your Business

Date: 2016-11-01

Link: Startups for the Rest of Us

 

Startups for the Rest of UsWhen focusing on getting the next person to use your product you need to figure out if you are talking to the right people or if you need to build another feature that they need.

It is hard to sit down and read for a couple of hours every day.

Books will broaden your understanding of a specific topic.

Books contain dated information. For more recent turn to podcasts.

Just in time learning.

With podcasts you can really niche down.

Mentoring helps you think through problems you wouldn’t have thought through before.

Do self-study and blog about the experience.

What It’s Like Selling a $128k Side Project (With Guest Derrick Reimer)

Episode 311 | What It’s Like Selling a $128k Side Project (With Guest Derrick Reimer)

Date: 2016-10-25

Link: Startups for the Rest of Us

 

Twitter ads to people following Github. (his product is built on top of Github)

Start marketing before you start coding.

It is a seller’s market today if you have a decent quality SaaS app.

Don’t underestimate the amount of effort due diligence is.

Keep everything separate (bank accounts, apps you use, etc.).

Indie.vc and a More Realistic Approach to Funding

Episode 310 | Indie.vc and a More Realistic Approach to Funding

Date: 2016-10-18

Link: Startups for the Rest of Us

 

Fundstrapping is the idea of raising a single round of funding to get to profitability.

Fundraising was meant to be a pain reliever but it has become a gateway drug to the unicorn culture that has been built up around startups.

There is an implicit A (round) when you take a seed round these days.

You become who you hang around.

There is real value in being a group of like-minded founders who are trying to build their companies in the same way you are trying to build yours.

Updates on Bluetick.io & Drip

Episode 309 | Updates on Bluetick.io & Drip

Date: 2016-10-11

Link: Startups for the Rest of Us

 

(Lack of unit tests) is a classic mistake.

There has to be something for onboarding people in (your) app.

There are very different ways to look at the sales process and ways that different competitors look at it.

As you grow people need to become comfortable with each other.

Investing is a way to grow money slowly.

Work-work Balance, Living A Process-Based Life, and More Listener Questions

Episode 308 | Work-work Balance, Living A Process-Based Life, and More Listener Questions

Date: 2016-10-04

Link: Startups for the Rest of Us

 

When you get further removed it is easier to be objective.

If you find that you are doing the same thing for days on end then you might want to schedule a daily review.

Most of the things that you consider crap work is a job for somebody else doing something they enjoy.

By its very nature entrepreneurship is a constant state of forgoing present gains for potential future rewards

Developers are much more motivated by having cool problems to solve (rather than money).