Episode 581 | Inflation for Founders
Startups For the Rest of Us
Rob Walling
4.9 • 819 Ratings
🗓️ 14 December 2021
⏱️ 25 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Often the market is so unpredictable that trying to time it is, to me, it's a fool's errand and I wouldn't do it. |
| 0:05.0 | I'm talking about any of these changes that we are making in our portfolios. I'm doing them very |
| 0:09.3 | gently. You know, maybe if I want to move 10% from one thing to the other, I do it 2% at a time |
| 0:13.9 | over a few weeks. It's like dollar cost averaging across. Sometimes I do rip the Band-Aid off. I'm going to be honest. But I'll actually kind of lean into it, get a feel for it, |
| 0:21.3 | and not make quick decisions that feel like I'm trying to time some big thing. |
| 0:27.7 | Like, well, stocks are overvalued. |
| 0:28.9 | I'm going to sell all my stocks. |
| 0:30.2 | I've never done that. |
| 0:31.1 | And I don't think we ever will. |
| 0:56.6 | Welcome back to startups for the rest of us. I'm Rob Walling. This is a show where we talk about building ambitious startups without sacrificing our freedom, our purpose, or our relationships, and where we realize that being a founder is about making hard decisions with incomplete information. |
| 0:59.2 | Thanks so much for coming back and joining me again this week. |
| 1:07.5 | In just a few hours after this episode goes live, MicroConf Remote, 3.0 is starting where we do a focus on no code for SaaS founders, |
| 1:12.1 | whether it's using no code to help with marketing or sales or any other application that a SaaS founder might think of. If you don't yet have your ticket, you can still |
| 1:16.1 | register. And anything that you've missed, we are recording and you can obviously watch those |
| 1:21.3 | videos. And if you like me, you'll watch them back at 1.5 or 2x speed. And then you can catch the |
| 1:26.3 | live stuff and all the interactions. |
| 1:27.9 | We have an amazing hallway track, as always. |
| 1:30.4 | We have figured out through the magic of producer Xander |
| 1:33.2 | and tech that became popular during COVID, |
| 1:36.3 | a way to kind of replicate the hallway track of a real microconf. |
| 1:41.7 | So check it out, microcomf remote.com if you haven't already. Today I'm going |
| 1:45.2 | to be talking about a prescient topic given, I don't know, the state of the economy and the state |
... |
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