Re:Ask HN: Bootstrapped business is good but slow growth. Sh...
by bengali3 on Tuesday November 18, 2014 @03:56PM
(#8626291)
pertinant quote from Mike Taber of singlefounder.com
>Great, I’ve built a bunch of systems… Now What?
>You have one job left: Fire yourself.
>That’s right. Once you’ve built the process and have tested it to be sure a) it’s doing what it’s supposed to and b) has a feedback loop that lets you monitor it’s progress, you need to fire yourself from executing that process. Outsource it, hire someone part-time, hire an employee, use a virtual assistant, automate it with code, etc. Whatever the case may be.
>If a process you’ve developed is functioning properly, then as the business owner, you probably shouldn’t be doing it.
>Your job is not to build products. Your job is to build systems.
>Great, I’ve built a bunch of systems… Now What?
>You have one job left: Fire yourself.
>That’s right. Once you’ve built the process and have tested it to be sure a) it’s doing what it’s supposed to and b) has a feedback loop that lets you monitor it’s progress, you need to fire yourself from executing that process. Outsource it, hire someone part-time, hire an employee, use a virtual assistant, automate it with code, etc. Whatever the case may be.
>If a process you’ve developed is functioning properly, then as the business owner, you probably shouldn’t be doing it.
>Your job is not to build products. Your job is to build systems.
>That’s how profitable companies are built.