Lessons from a 40 year old

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My talk from Webstock. Probably doesn't make a ton of sense without the video of the talk...

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Lessons from a 40 year old

  1. 1. Lessons from a 40 year old
  2. 2. 20s 40s Work Personal
  3. 3. “Stack Overflow and Stack Exchange have been wildlysuccessful, but I finally realized that success at the cost of my children is not success. It is failure.”
  4. 4. “I’m sorry, sweetie. I just need a few more minutes onthe computer; then I can play with you.”
  5. 5. “The world is full of ideas that can be executedwith 10 to 20 hours per week, let alone 40. The number of projects that are truly impossibleunless you put in 80 or 120 hours per week are vanishingly small by comparison. This is of course nothing new. We’ve beenplaying this bongo drum for years. But everytime I see people crumble and quit from thecrunch-mode pressure cooker, I think what a shame, it didn’t have to be like that.”
  6. 6. Web app building 1011. Identify something in life thatannoys or delights2. Build a web app to automate that3. Make it multi-user, social
  7. 7. “Bootstrapped”“lifestyle business”
  8. 8. Taking the long-term view
  9. 9. Signed Band Unsigned Band write music write music play music play music record music produce music market the band build a website book travel book venues design merch sell merch sell tickets hire road crew manage road crew find openers
  10. 10. “There wasnt initially easyaccess to venture capital inL.A. and entrepreneurs had no choice but to buildprofitable business models from the start”
  11. 11. Benefits of a long-term view
  12. 12. WWIC?
  13. 13. Hire the best, as early as possible
  14. 14. Growing slow = thinking small?
  15. 15. Short-term thinking/ funding
  16. 16. “I imagine your work onMetaFilter might be similar- andsince you’ve had the good senseto retain ownership, you are able to continue to shape your creation according to what youthink is best. That matters a lot.”
  17. 17. Examples

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