Writing for 18 years at: https://longform.asmartbear.com
Your job is to do exactly the opposite.
Your job is to do exactly the opposite.
But. once you're at scale, "annual" is a net-negative, because you no longer value the cash-flow, but you permanently lack the revenue.
(Still worth it.)
Numbers in the article:
But. once you're at scale, "annual" is a net-negative, because you no longer value the cash-flow, but you permanently lack the revenue.
(Still worth it.)
Numbers in the article:
For many roles, your mix of strengths and weaknesses make you downright bad at it.
Sometimes, we keep those roles anyway.
Bad for the company, and bad leadership.
For many roles, your mix of strengths and weaknesses make you downright bad at it.
Sometimes, we keep those roles anyway.
Bad for the company, and bad leadership.
Almost all public SaaS companies are NRR ≥ 100%, with median ≥110%, because otherwise their Max MRR ceiling would be too low.
Not just VC-backed companies, also for solopreneurs.
See article for details:
Almost all public SaaS companies are NRR ≥ 100%, with median ≥110%, because otherwise their Max MRR ceiling would be too low.
Not just VC-backed companies, also for solopreneurs.
See article for details:
Here’s what I see with most SaaS sales teams: They answer questions prospects aren’t asking.
“Here’s HOW our product works.”
“Here’s WHAT it can do.”
“Here’s why we’re BETTER than them.”
(1/3)
Here’s what I see with most SaaS sales teams: They answer questions prospects aren’t asking.
“Here’s HOW our product works.”
“Here’s WHAT it can do.”
“Here’s why we’re BETTER than them.”
(1/3)
For overall throughput, this is a bad thing. But it’s a good thing for the end product being fully myself, unique, identifiable. (“Best” only in the eye of the beholder.)
Limit total “things”, so you can be excellent on each “thing”.
For overall throughput, this is a bad thing. But it’s a good thing for the end product being fully myself, unique, identifiable. (“Best” only in the eye of the beholder.)
Limit total “things”, so you can be excellent on each “thing”.
Maybe you can charge $1 for $3, but with risk and overhead… probably not.
You need to deliver $10 for every $1.
P.S. You don’t define “value.” The customer does.
Maybe you can charge $1 for $3, but with risk and overhead… probably not.
You need to deliver $10 for every $1.
P.S. You don’t define “value.” The customer does.
That's how you'll outsmart Survivor Bias, which plagues most advice:
That's how you'll outsmart Survivor Bias, which plagues most advice:
It means you had the guts to try something, which means you're "a person who has the guts to try hard things,” which bodes well for the rest of your life.
Now, embody that person, and continue to do gutsy things!
It means you had the guts to try something, which means you're "a person who has the guts to try hard things,” which bodes well for the rest of your life.
Now, embody that person, and continue to do gutsy things!
Getting something off your chest in a safe environment, without everyone trying to solve it.
Unhealthy:
Complaining, others chiming in and trying to fix someone else’s problem.
How to do it right:
Getting something off your chest in a safe environment, without everyone trying to solve it.
Unhealthy:
Complaining, others chiming in and trying to fix someone else’s problem.
How to do it right:
Is that a statement about you, or them?
Is that a statement about your customers, or some other company that neither you nor your customers are doing business with?
Stay focused on what matters most.
Is that a statement about you, or them?
Is that a statement about your customers, or some other company that neither you nor your customers are doing business with?
Stay focused on what matters most.
If you read it aloud and it’s awkward, why did you do that?
There 𝘢𝘳𝘦 legit reasons… but is that really why you did that?
If you read it aloud and it’s awkward, why did you do that?
There 𝘢𝘳𝘦 legit reasons… but is that really why you did that?
Downgrades are OK, but not cancels.
Because this means you’re solving a 𝘳𝘦𝘢𝘭 problem, sufficiently.
And you’ll survive anything.
Downgrades are OK, but not cancels.
Because this means you’re solving a 𝘳𝘦𝘢𝘭 problem, sufficiently.
And you’ll survive anything.
…but then you describe it using your own language instead of the language those customers use to describe it…
…even if their language is imprecise and even incorrect…
(1/2)
…but then you describe it using your own language instead of the language those customers use to describe it…
…even if their language is imprecise and even incorrect…
(1/2)
That’s proof that you actually have a vision or strategy.
More like that:
That’s proof that you actually have a vision or strategy.
More like that:
But be pessimistic when deciding what to act on; you have to face reality and select the best idea, not the first idea or your favorite idea.
But be pessimistic when deciding what to act on; you have to face reality and select the best idea, not the first idea or your favorite idea.
Or at least, working “smart” (i.e. good strategy and prioritization) and “hard” (enough hours, and efficiently).
You probably already work hard; here’s how to work smarter.
Or at least, working “smart” (i.e. good strategy and prioritization) and “hard” (enough hours, and efficiently).
You probably already work hard; here’s how to work smarter.
It's not just about picking “the best,” it's about having access to the best companies in the first place.
Otherwise, even if you are the best at picking -- which you’re not -- it still doesn’t work out.
It's not just about picking “the best,” it's about having access to the best companies in the first place.
Otherwise, even if you are the best at picking -- which you’re not -- it still doesn’t work out.
Early rewards are worth the pain, but this can change.
Success doesn't always mean fulfillment.
Early rewards are worth the pain, but this can change.
Success doesn't always mean fulfillment.
It might be the best thing too.
Still, the right sort of discomfort comes from growing, stretching, trying new ideas.
You don’t have to keep the ones that don’t fit.
It might be the best thing too.
Still, the right sort of discomfort comes from growing, stretching, trying new ideas.
You don’t have to keep the ones that don’t fit.
A stupid way to waste time on social media is to ask generic questions you already know the answers to, for “engagement.”
A stupid way to waste time on social media is to ask generic questions you already know the answers to, for “engagement.”
Yet another reason to be different.
Yet another reason to be different.
Being forced into a process that’s not aligned with work and happiness, is bad.
So “no process” isn’t the right sense. “Right process” is.
Being forced into a process that’s not aligned with work and happiness, is bad.
So “no process” isn’t the right sense. “Right process” is.
And “doing it my way” is one motivation to start a company.
So, founders like to throw away “best practices.”
Sometimes: That’s wonderful.
But sometimes it’s just worse, without benefit.
Be selective.
And “doing it my way” is one motivation to start a company.
So, founders like to throw away “best practices.”
Sometimes: That’s wonderful.
But sometimes it’s just worse, without benefit.
Be selective.