Rules of Thumb

Customer Interviews: Spend an Hour to Save a Minute

For customer interviews we have a rule of thumb that if an hour or research saves a minute early in the conversation it’s a good investment.  When you look at the list of questions you have prepared to learn about the prospect’s business and their needs, it’s easy to say to yourself, “I am really

Customer Interviews: Spend an Hour to Save a Minute Read More »

Ten Mistakes Early Stage Bootstrappers Often Make

In the last eight years  I have moderated several hundred Bootstrappers Breakfasts. After doing a hundred or so and working with many clients who were bootstrapping I came up with a checklist for common mistakes bootstrappers and bootstrapping teams make in their first year or so.

Ten Mistakes Early Stage Bootstrappers Often Make Read More »

Matt Wensing On Making the Transition to Growth

Matt Wensing On Making the Transition to Growth Stormpulse has gone from an idea bootstrapped on founder savings and credit cards, to a project funded by friends and family rounds, to a small business strengthened by angel money, to a company that’s raised “meaningful” capital (our last round was just over $2 million). Here’s what

Matt Wensing On Making the Transition to Growth Read More »

Brad Pierce: Preserve Context in Writing to Manage Interruptions

Manage interruptions by writing down enough context to continue later: organized notes must detail status and next steps. Brad Pierce:  Preserve  Context in Writing to Manage Interruptions On longer time scales, when you must drop something for a while, it’s important, before doing so, to leave behind enough context for yourself to swap it back

Brad Pierce: Preserve Context in Writing to Manage Interruptions Read More »

Jerome K. Jerome’s View on Groundhog Day (Replaying Your Life)

Jerome K. Jerome’s “On The Disadvantage Of Not Getting What One Wants” offers a somewhat grim view the wish for replaying your life. On The Disadvantage Of Not Getting What One Wants “Ah, me!” said the good old gentleman, “if only I could live my life again in the light of experience.” Now as he

Jerome K. Jerome’s View on Groundhog Day (Replaying Your Life) Read More »

Don’t Waste Time Painting Tom Sawyer’s Fence: Proving Someone Wrong Is A Poor Motivator

Don’t waste time painting Tom Sawyer’s fence: proving someone wrong is actually a poor source of motivation. It’s OK to ignore conventional wisdom, but don’t get trapped into doing someone else’s work (or building their platform) just to prove them wrong. Build something instead of trying to win an argument.

Don’t Waste Time Painting Tom Sawyer’s Fence: Proving Someone Wrong Is A Poor Motivator Read More »

Ten Principles for Trust and Integrity from Adventures in Missions

Shared trust and integrity form the basis for the key resource in a bootstrapping startup: morale. Founders must foster actions and behaviors that build trust in the early days if they hope to create a startup with a culture that will enable it to prosper.

Ten Principles for Trust and Integrity from Adventures in Missions Read More »

Four Principles From Jonathan Wang’s “Start-Up Black Ops Creed”

Start-Up Black Ops Jonathan Wang penned the Start-Up Black Ops creed, a website started on the belief: “Every entrepreneur will, at some point along their journey, find themselves at the bottom of a big, dark pit–seemingly alone, surrounded by nothing, and without a way out.  That is the unavoidable norm when it comes to starting and running

Four Principles From Jonathan Wang’s “Start-Up Black Ops Creed” Read More »

Corinne Roosevelt Robinson: Focus for Effect But Look Beyond Your Own Special Interests

Focus For Effect “Nothing is as difficult as to achieve results in this world if one is filled full of great tolerance and the milk of human kindness. The person who achieves must generally be a one-idea individual, concentrated entirely on that one idea, and ruthless in his aspect toward other men and other ideas.”

Corinne Roosevelt Robinson: Focus for Effect But Look Beyond Your Own Special Interests Read More »

Scroll to Top