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Startups For the Rest of Us

Episode 581 | Inflation for Founders

Startups For the Rest of Us

Rob Walling

Entrepreneurship, Management, Business, Marketing

4.9 • 819 Ratings

🗓️ 14 December 2021

⏱️ 25 minutes

🧾️ Download transcript

Summary

In Episode 581, Rob Walling discusses how to grow money sensibly while protecting the principle during inflationary times. He explores real estate, collectibles, crypto, stocks, bonds, and other strategies to consider as inflation and other economic changes occur. The topics we cover [2:00] Inflation is here [7:20] Pricing flexibility with SaaS [9:44] Rules when inflation goes up [13:53] Inflation and home mortgages [16:29] Emergency funds during inflation [17:36] Bonds during inflationary times [18:40] Growth stocks 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

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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