Episode 660 | Make Ever-Increasing and Manageably-Sized Mistakes (A Rob Solo Adventure)

Startups For the Rest of Us

Rob Walling

Management, Entrepreneurship, Business, Marketing

4.8 • 792 Ratings

🗓️ 9 May 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode 660, join Rob Walling for another solo listening adventure where he talks about the tradeoffs of hiring a team vs. contractors, when to raise funding as a bootstrapper, and the importance of knowing what you are bad at. Episode Sponsor: Find your perfect developer or a team at Lemon.io/startups The competition for incredible engineers and developers has never been more fierce. Lemon.io helps you cut through the noise and find great talent through its network of engineers in Europe and Latin America. They take care of the vetting, interviewing, and testing of candidates to make sure that you are working with someone who can hit the ground running. When it comes to hiring, the time it takes to write your job description, list the position, review resumes, schedule interviews, and make an offer can take weeks, if not months. With Lemon.io, you can cut down on a lot of that time by tapping into their wide network of developers who can get started in as early as a week. And for subscribers of Startups For the Rest of Us, you can get 15% off your first 4 week contract with a developer by visiting lemon.io/startups Topics we cover: 1:57 - Hiring full-time employees vs. contractors 6:12 - The danger of thinking your customers are just like you 11:19 - Buying souvenirs 14:34 - Raising funding if you are a bootstrapper 18:18- On career progression 21:51 - The importance of knowing what you are bad at Links from the Show: Comic Lab MicroConf Mastermind Matching MicroConf Youtube Channel 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	In my opinion, the wrong way to go about it is to have this magical thinking and to think that
0:04.9	much like me, my customers will want certain things. And if your customers are not you, if they're
0:11.4	not developers, if you're selling to school teachers or to realtors or to construction firms,
0:17.3	they're very unlikely to be like you. So know that going in. And this is where talking to
0:22.3	your customers and learning how they think and how they buy is critical to your success. Welcome back to another episode of startups for the rest of us.
0:44.7	I'm Rob Walling, and today I'm doing another solo adventure.
0:48.6	I'm going to talk about the tradeoffs of hiring a team of contractors versus hiring full-time folks.
0:55.0	I'm going to talk about not raising funding if you want to be a lifestyle business.
0:59.6	Talk about the danger of thinking your customers like you and maybe another topic or two depending on time.
1:06.3	Before we dive into that, microconf mastermind matches are happening again. We do them two to three times
1:12.7	per year if you want to be matched up with like-minded, bootstrapped and mostly bootstrapped SaaS founders
1:19.1	at about your stage or maybe slightly ahead of you. Head to microconf.com slash masterminds. This
1:25.1	episode goes live on May 9th and applications close on May 12th. So you will
1:30.6	want to head to microcomf.com slash masterminds. If you are interested, we have had amazing success
1:35.9	matching hundreds and hundreds. We're pushing a thousand matches and 150 to 200 million in total
1:42.0	ARR across many countries. You've heard me talk about it before.
1:45.0	It's one of our most successful offerings. And if sometimes you feel like you're wandering
1:49.2	through the desert on your own and you'd like some other folks along for the journey,
1:54.8	microconf.com.com slash masterminds. So I want to start with a topic of this idea of hiring a
2:00.3	bunch of contractors.
2:01.8	And instead of having full-time employees because you know the quote-unquote headache of having
2:05.7	full-time team members and contractors are plug and play, right?
	...

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