Episode 546 | Hiring Entrepreneurial People, Anonymity, Disruptive Innovation, and More Listener Questions

Startups For the Rest of Us

Rob Walling

Entrepreneurship, Management, Business, Marketing

4.9 • 819 Ratings

🗓️ 20 April 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In Episode 546, Rob Walling flies solo for a Q&A episode. With a backlog of great listener questions, Rob discusses qualified small business stock (QSBS), hiring entrepreneurially-minded employees, indie hacking while working at a large company, and more. The topics we cover [01:51] Should I switch to a C Corp to take advantage of QSBS in five years? [05:40] How to attract entrepreneurial employees [14:19] Indie-hacking while working at a large Fortune 20 company [19:12] Finding a niche using the Disruptive Innovation Links from the show Episode 442 | Corporate Structures and How the Choice You Make Now Can Impact You Years Down the Line Episode 519 | Profit Sharing, Stock Options, and Equity (A Rob Solo Adventure) The Stair Step Approach to Bootstrapping | Rob Walling - Serial Entrepreneur Qualified Small Business Stock (QSBS) If you enjoyed this episode, let us know by clicking the link and sharing what you learned. Click here to share your number one takeaway from the episode. If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you! Subscribe & Review: iTunes | Spotify | Stitcher

Transcript

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0:00.0	Hello and welcome to this week's episode of Startups for the rest of us. I'm your host, Rob Walling.
0:04.6	Every single Tuesday morning for more than 10 years, we've shown up and we've shipped an episode,
0:10.2	and it's about building ambitious startups. These days, we focus on bootstrapped and mostly
0:14.7	bootstrapped SaaS, but it's always been about founders and developers and designers and people
0:20.6	who want to start companies but don't want to
0:22.8	jump on the venture train, but they still want to build amazing businesses. And they want to do
0:28.0	things that are not only interesting for them, but be in control of their own destiny, they
0:32.4	want to ship something into the world that people use, they want to have freedom to work on
0:36.5	what they want, they want to have the purpose of working on interesting problems. And they also want to maintain happy and
0:41.4	healthy relationships. That's what startups for the rest of us is about. And that's what we'll
0:45.7	continue to focus on. Even as things change, as the landscape has changed so much back, again,
0:51.7	10, 11 years ago, we were talking about info products. We were talking about
0:56.4	iPhone apps. We were talking about one time downloadable software and SaaS was part of that too.
1:03.3	And back in the day, it was all about bootstrapping because it was such this binary difference
1:07.1	of being in control and giving it all away to venture capitalists with their crazy
1:11.5	terms. But things shift over time. And we look at problems from different angles and we take
1:17.0	the best information that we have and we make smart decisions from that. And this show has many
1:22.8	different formats. Sometimes there's a conversation between myself and a founder or subject matter experts.
1:28.8	We have startup news roundtable episodes where we cover news related to bootstrapped and mostly
1:33.7	bootstrap founders. We have Q&A episodes. We have breaking news episodes, all kinds of stuff.
1:39.9	And this week, I'm flying solo on a Q&A episode, which is something I do every once in a while.
1:45.5	We have a great backlog of listener questions, and so should be fun to run through a few today.
	...

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