great video, do you know of resources on looking at a blueprint of how to organize and run a software company? something I could refer to and use to stay on track? thank you
@@petershamoon9290 Running a company is having specific goals and metrics set in place and incentivizing your people to reach for the goals and obsess over those metrics. As Elon musk would put it “Every person in your company is a vector. Your progress is determined by the sum of all vectors. ” You can run a company to the ground as fast as you can propel it to Mars. The direction depends on the founders vision. Your head of operations would be focused on getting things done on time keeping projects on track and avoiding or putting out operational fires as fast as posible. Your head of sales would be focused on incrementing your clients lifetime value by adding new services to sell to current clients, working with your development team to polish the heck out of your product and reduce churn rates, and getting new clients as well but thats the most expensive of all tasks. Reducing your paid per traffic dependency and generating organic traffic would be their mid to long term goal. Your head of funding would be in charge of making the investor contracts, and selling your product to investors. Getting new investors onboard is super easy one you have proven to the first ones that your turing machine works, they will line up to give you their money. Getting the first investor is the hardes part.
Hi Mike! You ought to create systems for every process in your company, with the intent to simply quality control, and conserve energy for yourself and your employees. Message me to discuss!
The comment about AWS is not true. A comparable AWS instance costs about $72 a month from the $250 instance he was showing. Yes you have to pay for data transfer and s3 as well. Some come with EBS. If you know what you are doing as an engineer you can understand that more compute power (cost) is not the way to go.
A talk that starts recommending a good book deserves an immediate like.
Amazing tips, thank you very much! As a starting entrepreneur who wants to make his own software company this is Gold.
Love the camera work
Absolutely amazing tips, thank you.
Cleartax in India did exactly the same. Provided the services free for the first 3-4 years, but this year they started charging.
great video
great video, do you know of resources on looking at a blueprint of how to organize and run a software company? something I could refer to and use to stay on track? thank you
I’m looking for the same! Did you find anything?
@@petershamoon9290 Running a company is having specific goals and metrics set in place and incentivizing your people to reach for the goals and obsess over those metrics. As Elon musk would put it “Every person in your company is a vector. Your progress is determined by the sum of all vectors. ” You can run a company to the ground as fast as you can propel it to Mars. The direction depends on the founders vision.
Your head of operations would be focused on getting things done on time keeping projects on track and avoiding or putting out operational fires as fast as posible.
Your head of sales would be focused on incrementing your clients lifetime value by adding new services to sell to current clients, working with your development team to polish the heck out of your product and reduce churn rates, and getting new clients as well but thats the most expensive of all tasks. Reducing your paid per traffic dependency and generating organic traffic would be their mid to long term goal.
Your head of funding would be in charge of making the investor contracts, and selling your product to investors. Getting new investors onboard is super easy one you have proven to the first ones that your turing machine works, they will line up to give you their money. Getting the first investor is the hardes part.
Hi Mike! You ought to create systems for every process in your company, with the intent to simply quality control, and conserve energy for yourself and your employees.
Message me to discuss!
The comment about AWS is not true. A comparable AWS instance costs about $72 a month from the $250 instance he was showing. Yes you have to pay for data transfer and s3 as well. Some come with EBS.
If you know what you are doing as an engineer you can understand that more compute power (cost) is not the way to go.
I would like more details on this!
This is a 6 year old video I think the cost back then were different.
4:40 too late lmao