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Persisting as a solo founder

vishnu.tech

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Re: Persisting as a solo founder

#101
post #22

Solo founder here. Make a product that people want and are willing to pay for. The product may be in what appears to be a crowded field. Identify niche opportunities or cases where an established leader is doing a poor job. It's fine to do some consulting on the side to pay the bills. Of course it will take time away from the product you are building; just be able to recognize when it's too much and scale back consul…

I’m a full time software engineer for a small company. No amount of googling answers my question: what exactly is part time consulting? At least, in your context

Here's my understanding. YMMV. Moonlighting: working side job/s for other entities while you are employed full time by one entity.

The full-time employment entity is your own company (if you are the founder) or your full-time employer and there could be other companies or individuals to whom you work for part-time (1 day a week, adhoc days/hours, weekends etc) and you are paid for that work.

You have two things to consider:

1. Make sure it is legal (for example if you are on certain types of work-permit visa in some countries it might be illegal to work for anyone other than the work visa sponsor).

2. Make sure you don't have conflict in your employment contract clauses (many full-time employment contracts have clauses that prevent you from working for others even for part-time without explicit permission from the full-time employer).

Usually if you ask your full-time employer, they may permit you to do one-off consultations to other companies (and get paid for it) if they think it would not take your focus away from your FTE work and if there is no conflict of interest or potential to reveal trade-secrets (example: if that other company is a competitor etc).

Re: Persisting as a solo founder

#102
Reading this article, I feel really proud of the solo founder for having the commitment, fortitude and skills to come as far as he has.

I can also relate to the need for focus and attention, but it saddens me to see founders and passionate developers who think they need to cut off social ties and events for their product to succeed. This isn't something that I like to hear, but perhaps it can be effective for some.

My response, and my question, to solo founders and developers working on their passion projects:

Do you use or know of any resources for finding good teammates? Do you have to do it alone, or do you want to?

I've made a few friends on angel.co, but I think it would be great to have some kind of resource that helps pair or facilitate partnerships for healthier product development.

Re: Persisting as a solo founder

#103
Been indie 10+ years (aged 23-34) and can definitely say that — once it works out — the autonomy and independence make it an absolute dream lifestyle.

Some pointers and observations I've learned along the way.

1. The hardest part of persisting is the emotional game. Improve your motivation by doing things in a way that even a failure of your primary business goal still leaves you in a better position career/skill-wise than when you started. Also: figure out how to separate your identity from your business, otherwise every tiny failure or criticism will sap your energy.

2. For many — maybe most — products within reach of a solo founder, marketing will take up at least as much time as development. Unlike programming, marketing is shrouded in something not unlike the fog of war in RTS games. It is highly exploratory and experimental in nature. But dealing with this uncertainty carries its own intellectual appeal, one that you can learn to embrace — or even enjoy.

3. Outsource as much as can. If some work can be done for less than your hourly rate as a freelancer, then, overall you're more efficient to code for $$$ then pay someone to handle that part of your business.

4. The technical skills that are most useful to a solo founder are more to do with system design than programming languages and frameworks. You should focus on things like data integrity, uptime, redundancy, error-tracking, rapid response to production issues, integration testing, etc. rather than which React.js state library is better.

5. Get to know other solo-founders. I formed a monthly meetup with about ten other people in a similar boat in my town and these sessions acted both as a support network and as a way to get feedback on my (sometimes harebrained) ideas.

I've a lot more to say on this topic and I go into way more depth in the screencasts I post over at https://www.semicolonandsons.com/

Re: Persisting as a solo founder

#104
Don't persist as a solo founder but do it if you have to.

I was a solo founder and at the end of my journey, I realized I would have given up 25-50% of my company just to 1. have someone else to talk to on a daily basis 2. have someone I could bounce ideas off, 3. someone who could have focused on the parts where I was bad (even if they didn't have that skillset).

I would have done twice as much as solo founder.

Push yourself to find a co=founder. Invest 10% of your time in it. Have no expectations. Slowly you'll get a nose for the kind of people you will want to work with. Also you'll polish up your people skills which you'll need to raise money and to run a sucessful business in the future.

If you want to go fast, go alone. If you want to go further go with a team. (There is no fast startup.)

Re: Persisting as a solo founder

#105
post #79

Earlier quoted context omitted.

Both can be important and it really comes down to who your customer is. For B2B (SME+) - Absolutely invest in Sales. Worth mentioning that it isn't too hard hiring seasoned sales professionals, with existing relationships who are trying to find their next career move etc. They'll often agree to a higher commission payout in-lieu of a base salary. This doubles up as a good way to get feedback from the market. For B2C…

Could you provide any further advice on how to hire sales professionals? I'm starting to feel comfortable hiring tech roles, but hiring for sales still feels like a black box!

Sales can definitely feel like that. Without more context on your market, decision maker personas etc. the one piece of advise that I can give confidently is this:

Start with Senior Sales Leadership. Ideally someone with experience in your target market.

Reach out to a few individuals, in your network or on LinkedIn or similar. Ask them for advice, see the type of advice they provide. If you like them, ask them to recommend someone – the hope is they recommend themselves.

Re: Persisting as a solo founder

#106
I've been working as a solo indie developer since 2005. I think being solo has advantages as well as disadvantages. So don't beat youself up about not having a partner.

one of the keys, from my experience, is early feedback. Start showing your product to people as soon as you have something that might be useful to someone. No matter how imperfect it is. Do not wait until it is polished. I wrote about that here: https://successfulsoftware.net/2007/08/07/if-you-arent-embar...

Re: Persisting as a solo founder

#107

A lot of this stuff is about feelings of loneliness, inadequacy, or alienation. I think it's harmful to think of this as part of being a "founder". It's hard out there right now. Having contact with customers who pay you for something they find worthwhile, rather than just pitching VCs for money to buld your, can reduce these feelings of floating and inadequacy, and give you some human contact.

It’s often part of being a “engineer founder”. You can go your whole career having the market side taken care of by your employer and end up overconfident about the business side.

Re: Persisting as a solo founder

#108

Don't persist as a solo founder but do it if you have to. I was a solo founder and at the end of my journey, I realized I would have given up 25-50% of my company just to 1. have someone else to talk to on a daily basis 2. have someone I could bounce ideas off, 3. someone who could have focused on the parts where I was bad (even if they didn't have that skillset). I would have done twice as much as solo founder. Push…

> I would have done twice as much as solo founder.

so in the end, you remained a solo founder?

Re: Persisting as a solo founder

#109

Earlier quoted context omitted.

I think marketing it becomes a lot easier if you build with it in mind. If you know what you're building will excite your target demographic, it's super easy to market.

Easy in theory, however difficult in execution. I'm D2C, so social media strategy, brand building and generally getting enough volume to convert in order to sustain the product without a huge ad budget is very tedious. Very much the long game to get people interested (probably over the course of years unless you go viral and have good network effects).

Yes, very true. When you read marketing books, it seems very obvious. But trying to actually decide pricing, naming, positioning etc is a different story.

Re: Persisting as a solo founder

#110

Looks good, but I don't understand how you can compete with Google & Apple with a photo organizer app. You may want to use Flutter or similar tool so you don't have to write it twice.

The aim isn’t to compete with the companies at large. But to provide an alternative for users who (like me) care both about privacy and convenience when it comes to the niche space of photo storage. The size of the audience might be small, but I’m optimistic about it being large enough for me to sustain this as a small business. And yes, I am using Flutter to build the mobile apps. It does come with its own set of pr…

Perhaps you’ll find your market overlaps largely with users of Brave and DuckDuckGo. It’s helpful to know where to find your people. Good luck.
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