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Startup Playbook

playbook.samaltman.com

81–90 of 243 posts

Re: Startup Playbook

#81
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

Because they benefit from YC's value prop, it's in Sama's and PG's interest to beat the Big Startup, Fast Growth, VC train, Silicon Valley drum. It's not disingenuous, it's literally what they believe and are committed to. But it's not the only way to be happy as a technologist. I'm not even convinced it's the best way to be happy as a technologist. YC put those materials out 1) as a branding and marketing effort and 2) to be helpful (part of their brand). In order for us to get quality resources like these for doing something small instead of big, we need folks who have a sustained interest and experience in beating that drum as well. Maybe we need a "Slow Tech" movement akin to the Slow Food movement.

Re: Startup Playbook

#82
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

That's my business. 2 partners (me: President and Founder, partner: CEO who I hired), 4 employees, and 2-3 at-will contractors for sporadic work. Revenue barely $1MM but growing, probably to $4-5MM in 3 years. Really love what I do and happy to be out of the BS VC silicon valley groupthink crap.

Re: Startup Playbook

#84
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

The Basecamp (née 37Signals) folks have been beating this drum for quite some time. DHH posted "Reconsider" to their blog today, actually; it's an entertaining read, if nothing else: https://signalvnoise.com/posts/3972-reconsider Here in Seattle, there's a great community of small software businesses with meaningful profits and impact. We have ties to the broader Seattle startup and technology community, without bein…

How can I find jobs for small software business like that (especially in Seattle!)? I want to work in a smaller environment that's not necessarily trying to be a "unicorn", but those seem to be the only jobs posted here on HN for "Who's hiring?". On other job boards, I mostly just see larger corporations hiring worker drones. I just want to write good software that solves interesting problems and make enough money to get by!

Re: Startup Playbook

#85
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

> lifestyle businesses

I really hate this term. It makes it seem like anything that's not a high growth unicorn startup is somehow a failure. It's like a way to give it a label and somehow look down on it.

(don't mean to aim this at you - just a general remark)

Re: Startup Playbook

#86
post #40

Earlier quoted context omitted.

"Gmail founder" sounds a little funny to me. If I am employed as a developer in a company on a new product, am I then a founder of that product? It just seems like the word founder just keeps being used more liberally as time goes on.

I think it's appropriate in this case. Paul started Gmail inside of Google as a side project. At first most people were not a supporter, including Marissa Mayer and other peers. He was scratching an itch though and eventually got Larry and Sergey on board which helped the cause and eventually grew into what it is today. So with that, there are a lot of similarities into what we'd call a founder today. While financial…

[deleted]

Re: Startup Playbook

#87
I feel like this needs a "when to give up" section. Like at some point it's obvious right. When is that point. Should you just destroy your entire life and never give up no matter how long since it's been since you've had steady growth? I've seen startups struggle for years with average growth or really slow linear growth where real profitability was years away. Do they just continue? Is that the advice? What about their employees who are being paid less than market value?

Re: Startup Playbook

#88
post #56
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

You'd probably like "Start Small Stay Small" by Rob Walling. http://www.amazon.com/Start-Small-Stay-Developers-Launching/...

Oohh, thanks for this tip.

Re: Startup Playbook

#89
post #85
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

> lifestyle businesses I really hate this term. It makes it seem like anything that's not a high growth unicorn startup is somehow a failure. It's like a way to give it a label and somehow look down on it. (don't mean to aim this at you - just a general remark)

Yeah, I also say it with some distaste. This is the path I'm personally pursuing though, and I'd love to have some better terminology to describe it.

I wouldn't call it a "small business" either because, to me at least, that brings to mind a small consultancy and does nothing to communicate the "sell widely but stay small and focused" approach of the intentionally-small digital B2C business. (Mouthful there, huh?)

Re: Startup Playbook

#90
post #36

I wish there was a similar level and quality of resources for what I think are called lifestyle businesses. By that, I mean product-based businesses with at most a few million in revenue, a 5ish person team, a solid sustainable market position, and no desire to revolutionize any unicorns. I know a lot of people attempting this and they mostly seem to be flying under the radar, or at least have nowhere near the cachet…

The Basecamp (née 37Signals) folks have been beating this drum for quite some time. DHH posted "Reconsider" to their blog today, actually; it's an entertaining read, if nothing else: https://signalvnoise.com/posts/3972-reconsider Here in Seattle, there's a great community of small software businesses with meaningful profits and impact. We have ties to the broader Seattle startup and technology community, without bein…

I was surprised that article didn't trigger a bigger response on HN. It is a little over the top, but it leaves a lot to think about. The Unicorn, disruption PR wheel has drowned out the virtues and benefits of other forms of entrepreneurship.
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