Culture
Profit Sharing for Bootstrapped Startups 5 minutes read.
Nathan Barry, the founder of ConvertKit, is running a very different kind of company and it's fun to watch. You can check out ConvertKit's numbers as it's shared publicly as an "Open Startup". This time, Nathan shares how they split some of the profit with the team, so they could focus on business growth and team's happiness rather than looking for ways out (being sold). I'm confident he inspires many people out there, and I am one for sure.
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Why Blacksmiths Are Better at Startups Than You 6 minutes read.
Amy Hoy with another epic post, one that I'd like my children to read when they grow up a bit (but not too much): "As the master blacksmith said, when the customer asks for "10 more of these" they’re going to be bloody upset when you come back with a newer, creative design and say "But this was more fun to make." And then you don’t get paid... It’s this same attitude which leads you to abandon your project at the first sign of trouble. The same attitude which causes you to noodle endlessly on features. To delay marketing; to believe that if you build it, they will come. Or, hell, to ever build it or ship it at all. To seek feedback from your peers instead of your customers... to spend more time catering to venture capitalists than the people who’ll pay for your product. To lavish your energy on "innovating" instead of mastering the basics."
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The Critical Career Path Conversation (Video) 31 minutes read.
John Riviello shares his story from being a senior engineer, taking the managerial route and then back to an individual contributor position. As John said it, as a manager you actually do get to build something - build a team. To get shorter feedback loops, I highly recommend new managers to write more things down - their vision for the team, which kind of expectations they'd like to set with their teammates, who they should hire next (and why), how they want to delegate (and what), what's their framework for making decisions etc. Write it down, share it with others and get this feedback of "am I asking the right questions as a manager?"
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