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Startups For the Rest of Us

Episode 551 | Task-level vs. Project-level Thinkers, No Such Thing as an Autopilot Business, and More (A Rob Solo Adventure)

Startups For the Rest of Us

Rob Walling

Entrepreneurship, Management, Business, Marketing

4.9 • 819 Ratings

🗓️ 25 May 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

In episode 551 of Startups For the Rest of Us, Rob does another solo adventure to talk about hiring owner-level thinkers, the fallacy of an autopilot passive income software business, and more. The topics we cover [1:25] Hiring task-level thinkers, project-level thinkers, and owner-level thinkers [07:43] The fallacy of an autopilot passive income software business [15:21] Our bootstrap community [20:45] Questions you should ask yourself when building/growing a company Links from the show FE International: Professional M&A Advisor Quiet Light Brokerage MicroAcquire - Startup acquisition marketplace. Free. Private. No middlemen. Empire Flippers - Website Brokers Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork Invent and Wander: The Collected Writings of Jeff Bezos, With an Introduction by Walter Isaacson 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 This episode is sponsored by Rewardful, turning your biggest fans into your best marketers. Get 30% off your first 3 months by heading to getRewardful.com/startups. Offer expires May 31st.

Transcript

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0:00.0

Welcome back to startups for the rest of us. This week, I'm your host, Rob Walling.

0:05.2

In fact, every week on this show, I walk through topics related to building and growing

0:09.4

startups using an ambitious yet a sustainable approach. We're not willing to sacrifice our health

0:15.2

or relationships to grow our companies, but at the same time, we want to build real businesses

0:19.5

with real customers who pay us

0:21.0

real money. We value things like being meticulous and being disciplined and having a process

0:26.0

that's repeatable and not relying on so much luck or a one in a thousand chance to build a business

0:32.6

that can change our lives or the lives of those around us. We know that starting a company is

0:36.9

hard and that more than half of being a startup founder is managing your own psychology. our lives or the lives of those around us. We know that starting a company is hard,

0:42.2

and that more than half of being a startup founder is managing your own psychology, as well as making hard decisions with incomplete information where the right answer is impossible to find

0:47.0

through math or data. That's great to have you back. Thanks again for joining me this week.

0:51.8

I am flying solo this week at Rob Solo Adventure, as I like to call

0:55.4

him. And I'm going to bounce through a few topics that have been on my mind recently. I've used

1:01.0

these solo episodes almost as ways to communicate things that would 10 years ago I would have put

1:07.5

in a blog post. But now I like to put him in the podcast and potentially turn

1:12.1

them into a Twitter thread at some point. And someday, if I have more time, I would love for each

1:16.6

of these to be a blog post. So one thing I want to cover is something I've covered briefly,

1:21.8

danced around it on Q&A episodes, but it's around hiring folks with different mindsets. And most specifically, I need to think

1:32.0

of a good name for this, but I think of it as a task level thinker, project level thinkers,

1:36.6

and owner level thinkers. And back in the day when I was hiring virtual assistants, you know,

1:41.8

I was fresh off the four-hour work week. This is,

1:44.4

what, 2007 or eight, I realized I could try to replace myself by hiring $5 an hour virtual assistant

...

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