Lessons from a 40 year old
20s                     40s

      Work   Personal
“Stack Overflow and Stack
  Exchange have been wildly
successful, but I finally realized
 that success at the cost of my
  children is not success. It is
            failure.”
“I’m sorry, sweetie. I just
 need a few more minutes on
the computer; then I can play
          with you.”
“The world is full of ideas that can be executed
with 10 to 20 hours per week, let alone 40. The
 number of projects that are truly impossible
unless you put in 80 or 120 hours per week are
      vanishingly small by comparison.

 This is of course nothing new. We’ve been
playing this bongo drum for years. But every
time I see people crumble and quit from the
crunch-mode pressure cooker, I think what a
    shame, it didn’t have to be like that.”
Web app building 101
1. Identify something in life that
annoys or delights
2. Build a web app to automate that
3. Make it multi-user, social
“Bootstrapped”
“lifestyle business”
Taking the long-term view
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
“There wasn't initially easy
access to venture capital in
L.A. and entrepreneurs had
   no choice but to build
profitable business models
      from the start”
Benefits of a long-term view
WWIC?
Hire the best, as early as possible
Growing slow = thinking small?
Short-term thinking/
      funding
“I imagine your work on
MetaFilter might be similar- and
since you’ve had the good sense
to retain ownership, you are able
    to continue to shape your
 creation according to what you
think is best. That matters a lot.”
Examples
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old
Lessons from a 40 year old

Lessons from a 40 year old

  • 1.
    Lessons from a40 year old
  • 14.
    20s 40s Work Personal
  • 16.
    “Stack Overflow andStack Exchange have been wildly successful, but I finally realized that success at the cost of my children is not success. It is failure.”
  • 18.
    “I’m sorry, sweetie. Ijust need a few more minutes on the computer; then I can play with you.”
  • 20.
    “The world isfull of ideas that can be executed with 10 to 20 hours per week, let alone 40. The number of projects that are truly impossible unless you put in 80 or 120 hours per week are vanishingly small by comparison. This is of course nothing new. We’ve been playing this bongo drum for years. But every time I see people crumble and quit from the crunch-mode pressure cooker, I think what a shame, it didn’t have to be like that.”
  • 23.
    Web app building101 1. Identify something in life that annoys or delights 2. Build a web app to automate that 3. Make it multi-user, social
  • 28.
  • 31.
  • 33.
    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
  • 42.
    “There wasn't initiallyeasy access to venture capital in L.A. and entrepreneurs had no choice but to build profitable business models from the start”
  • 43.
    Benefits of along-term view
  • 51.
  • 54.
    Hire the best,as early as possible
  • 56.
    Growing slow =thinking small?
  • 57.
  • 60.
    “I imagine yourwork on MetaFilter might be similar- and since you’ve had the good sense to retain ownership, you are able to continue to shape your creation according to what you think is best. That matters a lot.”
  • 65.