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FounderQuest - If You Aren't Growing, Are You Dying?

If You Aren't Growing, Are You Dying?

06/07/19 • 29 min

FounderQuest

The guys talk dissect the "If you're not growing you're dying" aphorism and debate if it has merits or if it should be discarded into the dustbin of history. Do entrepreneurs need to have a winner take all mindset or is it acceptable to be a minor player in a large market? Let's get philosophical on this episode of FounderQuest!

Full transcript:
Josh: 00:00 I just... I think that Ben could really pull off like a massive... Like if you had a gigantic, like foot long beard or something. I think you could pull it off.

Ben: 00:11 I could pull off the following.

Starr: 00:12 Like one of those people who moved to California for the gold rush.

Josh: 00:15 Wouldn't he look amazing?

Announcer: 00:17 It's like Steve Jobs and the dude had triplets and they built an app. This is FounderQuest.

Starr: 00:26 If you have one of those cabins and tell people to get away from it.

Josh: 00:29 Like the Unabomber. So I enabled... What is it called? Tweet Delete or something like that? I think you did this too Starr but it deletes all your tweets like beyond a certain timeframe or date.

Starr: 00:48 Yeah.

Josh: 00:49 So now I only have the last year of tweets on my Twitter account.

Starr: 00:55 That's good. So people can't like blackmail you with your own words.

Josh: 00:59 Yeah. They can't like go back to like 2008 and dig up you know, whatever I was saying back then.

Ben: 01:06 I have kind of mixed feelings about that. I mean I like the idea of preserving that history even if it's stupid. I don't know. I guess maybe you could have this goal of tweeting such that your family at your funeral service they just get up and read your tweets your entire life.

Josh: 01:26 I don't know about that. I'm not sure that has... I'm not sure that's how it works.

Ben: 01:32 I mean, they can read the date stamp like March 4th, 2004. Pooping.

Starr: 01:41 My thought on the whole thing is that like what good is it doing anybody to have like my ancient tweets out there? Like the only good is doing anybody is people who are like harvesting that data. And I know people have already harvested it but why leave it out there? Like nobody's going back and reading an old tweet of mine and being like, "Oh, that was insightful."

Josh: 02:01 You mean you... But you don't want to quote tweet yourself from like 10 years ago just to show everyone how right you still are or you were back then or whatever?

Starr: 02:10 Yeah, I don't know. I'm not I don't think that's myself.

Josh: 02:16 Sorry, I totally like blew up your train of thought.

Starr: 02:20 It's okay. There wasn't much of train of thought. It's more like one of those, you know the things like, "Oh brother Where Art Thou?" where they sort of like pump up and down? That's like well platform. They always have them in cartoons?

Josh: 02:32 Yeah.

Starr: 02:33 Yeah. It's like that. That was like the train. That's my train.

Josh: 02:37 Just like the maintenance crew.

Starr: 02:40 Yeah. Oh, so today I think we're going to talk about something that was on Twitter. Justin Jackson, who is at Transistor FM, was in a conversation on Twitter with somebody about this topic of if you're not growing, you're dying. And I think somebody else brought this sort of quote out. Like we all heard this. This is sort of a little aphorism that makes its way around.

Starr: 03:03 And people say... Its one of the things that people say without thinking about too much. And Justin, I think disagreed a little bit with us and was like, "Well, at Transistor, maybe that's not the case." So I think we're going to talk a little bit about that today. And just see where the conversation goes.

Ben: 03:20 I think the danger when it comes to the growth mindset of like, "I have to grow for growth's sake." I think that's where it gets dangerous. And I think that's where a lot of people who reject the whole VC funded path. Because they don't want to have that scenario where they have to grow, like at an extreme rate, or else they just go bust. Like the go big or go home thing. I think-

Starr: 03:44 So you're saying that like there's different pathways, right? There's like this VC funded pathway. And so you're saying like if... The VC funded pathway if you're not like having major growth and you are effectively sort of dying? Is that what you're saying?

Ben: 03:59 Yeah, I think they want you to die if you're not having that spectacular growth so they can focus on something that is having that spectacular growth.

Starr: 04:04 Whereas like a little company like ours like, what does that even mean?

Josh: 04:09 In a regular business?

Ben: 04:10 Yeah. I mean, you may not even be able to handle that spectacular growth. You just are... I don't know if you've read that book Company of One? Fantastic read, if you haven't had a chance to read it.

Sta...

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The guys talk dissect the "If you're not growing you're dying" aphorism and debate if it has merits or if it should be discarded into the dustbin of history. Do entrepreneurs need to have a winner take all mindset or is it acceptable to be a minor player in a large market? Let's get philosophical on this episode of FounderQuest!

Full transcript:
Josh: 00:00 I just... I think that Ben could really pull off like a massive... Like if you had a gigantic, like foot long beard or something. I think you could pull it off.

Ben: 00:11 I could pull off the following.

Starr: 00:12 Like one of those people who moved to California for the gold rush.

Josh: 00:15 Wouldn't he look amazing?

Announcer: 00:17 It's like Steve Jobs and the dude had triplets and they built an app. This is FounderQuest.

Starr: 00:26 If you have one of those cabins and tell people to get away from it.

Josh: 00:29 Like the Unabomber. So I enabled... What is it called? Tweet Delete or something like that? I think you did this too Starr but it deletes all your tweets like beyond a certain timeframe or date.

Starr: 00:48 Yeah.

Josh: 00:49 So now I only have the last year of tweets on my Twitter account.

Starr: 00:55 That's good. So people can't like blackmail you with your own words.

Josh: 00:59 Yeah. They can't like go back to like 2008 and dig up you know, whatever I was saying back then.

Ben: 01:06 I have kind of mixed feelings about that. I mean I like the idea of preserving that history even if it's stupid. I don't know. I guess maybe you could have this goal of tweeting such that your family at your funeral service they just get up and read your tweets your entire life.

Josh: 01:26 I don't know about that. I'm not sure that has... I'm not sure that's how it works.

Ben: 01:32 I mean, they can read the date stamp like March 4th, 2004. Pooping.

Starr: 01:41 My thought on the whole thing is that like what good is it doing anybody to have like my ancient tweets out there? Like the only good is doing anybody is people who are like harvesting that data. And I know people have already harvested it but why leave it out there? Like nobody's going back and reading an old tweet of mine and being like, "Oh, that was insightful."

Josh: 02:01 You mean you... But you don't want to quote tweet yourself from like 10 years ago just to show everyone how right you still are or you were back then or whatever?

Starr: 02:10 Yeah, I don't know. I'm not I don't think that's myself.

Josh: 02:16 Sorry, I totally like blew up your train of thought.

Starr: 02:20 It's okay. There wasn't much of train of thought. It's more like one of those, you know the things like, "Oh brother Where Art Thou?" where they sort of like pump up and down? That's like well platform. They always have them in cartoons?

Josh: 02:32 Yeah.

Starr: 02:33 Yeah. It's like that. That was like the train. That's my train.

Josh: 02:37 Just like the maintenance crew.

Starr: 02:40 Yeah. Oh, so today I think we're going to talk about something that was on Twitter. Justin Jackson, who is at Transistor FM, was in a conversation on Twitter with somebody about this topic of if you're not growing, you're dying. And I think somebody else brought this sort of quote out. Like we all heard this. This is sort of a little aphorism that makes its way around.

Starr: 03:03 And people say... Its one of the things that people say without thinking about too much. And Justin, I think disagreed a little bit with us and was like, "Well, at Transistor, maybe that's not the case." So I think we're going to talk a little bit about that today. And just see where the conversation goes.

Ben: 03:20 I think the danger when it comes to the growth mindset of like, "I have to grow for growth's sake." I think that's where it gets dangerous. And I think that's where a lot of people who reject the whole VC funded path. Because they don't want to have that scenario where they have to grow, like at an extreme rate, or else they just go bust. Like the go big or go home thing. I think-

Starr: 03:44 So you're saying that like there's different pathways, right? There's like this VC funded pathway. And so you're saying like if... The VC funded pathway if you're not like having major growth and you are effectively sort of dying? Is that what you're saying?

Ben: 03:59 Yeah, I think they want you to die if you're not having that spectacular growth so they can focus on something that is having that spectacular growth.

Starr: 04:04 Whereas like a little company like ours like, what does that even mean?

Josh: 04:09 In a regular business?

Ben: 04:10 Yeah. I mean, you may not even be able to handle that spectacular growth. You just are... I don't know if you've read that book Company of One? Fantastic read, if you haven't had a chance to read it.

Sta...

Previous Episode

undefined - Chunky Bacon! Let's Geek Out About Early Ruby & Rails.

Chunky Bacon! Let's Geek Out About Early Ruby & Rails.

The guys chat about the early days of Ruby and Rails and discuss how the developer community has changed from a more individual hacking pursuit to more of a team sport. Ben also talks about his experiences at the very first RailsConf and teaches young whippersnappers about Why The Lucky Stiff, Shoes, Caboose, and Chunky Bacon. Lastly, is BadgerConf morphing from running joke to a reality? Tune in and find out!

Full Transcript:
Ben: 00:00 All right.

Starr: 00:01 All right, are we good?

Ben: 00:02 Yep.

Josh: 00:03 Yeah, I'm already up to one megabyte.

Ben: 00:05 We are so good.

Starr: 00:06 Dang. Okay maybe we might have to back up for maximum quality, I don't know.

Ben: 00:10 We'll see how it goes.

Announcer: 00:11 They've been in business for seven years, and they still don't know what they're doing. I guess a podcast seemed natural. Here's FounderQuest.

Josh: 00:23 It should be. I've got terabyte in here, so hopefully we'll...

Ben: 00:26 Yeah. Now you're glad you bought the big disk.

Josh: 00:30 Yeah so I can podcast for an hour without crashing my computer.

Starr: 00:34 Oh that's awesome. So I have been up since four o'clock. Ida woke up at four and decided she wasn't sleeping anymore...

Ben: 00:42 Ouch.

Starr: 00:42 ...so I may lean a bit on your guys for things like making sense.

Ben: 00:46 I've been up since 1:30 because...

Josh: 00:48 No, Come on Ben.

Josh: 00:48 Oh damn, Ben, you always have to one up me.

Starr: 00:54 Alright, so, you guys recently went to RailsConf. You came back, thankfully. You weren't lured away by all those, I don't know...

Starr: 01:07 This is what I mean when I say I'm tired.

Starr: 01:10 Yeah, so you guys went to RailsConf and...

Josh: 01:13 We did get distracted by elixir along the way and...

Ben: 01:16 Today's gonna be the punch drunk podcast.

Starr: 01:19 Yes, yes it is, oh man. You guys recently came back from RailsConf, I was here in my little home office, not at RailsConf, editing the show all on my lonesome. I'm feeling pretty lonely and wistful, and now you guys are back and I'm so happy.

Ben: 01:36 You know what the best thing about RailsConf was? You didn't have to step outside to go to it. Because of all the sky bridges there, we stayed in the conference hotel, which was three blocks away from the conference center. But yet we walked through a sky bridge all the way there. So handy.

Josh: 01:53 This was in Minneapolis right?

Starr: 01:56 You know, I think that's a theme, I don't think I've been outside at any of the RailsConfs I've gone to.

Ben: 02:01 Really?

Starr: 02:03 No, even Atlanta, didn't go outside, tried to walk someplace for lunch, let me tell you, you don't walk places for lunch in Atlanta. You get in your Escalade.

Ben: 02:16 I did a lot of walking around outside in Kansas City.

Starr: 02:17 So how many RailsConfs have you guys been to?

Ben: 02:21 Oh wow.

Starr: 02:22 I've been to, I think, three or four.

Josh: 02:25 I think I've been to, two.

Starr: 02:26 I've spoken at two.

Josh: 02:27 Because I didn't go to RailsConf for a really long time because I went to RubyConf every year.

Starr: 02:33 Yeah.

Josh: 02:33 And I just never got to RailsConf until, I think Phoenix was my first year at RailsConf.

Starr: 02:40 Was it because you were trying to be one of those hipsters that who's like "I don't do Rails, I'm a Rubyist."

Josh: 02:44 Yeah, I don't do Rails, just tell me about garbage collection, okay.

Ben: 02:49 I think I've been to about eight of them.

Starr: 02:50 You went to the first one right?

Ben: 02:52 Yeah, well there's actually two first ones.

Starr: 02:55 Well that's confusing.

Ben: 02:56 Yeah, funny story. So the first official RailsConf was Chicago, but the first international RailsConf happened before the first official RailsConf. And the first international RailsConf happened in Vancouver, Canada.

Josh: &nbs...

Next Episode

undefined - Why Do Developers Get Burned Out?

Why Do Developers Get Burned Out?

Running a lifestyle business is awesome, contrary to what the VC's say. Figure out your life goals and fit your business to achieve them rather than worrying about 10x-ing. The guys also talk about why developers seem to experience higher rates of burnout than other professions and share their own prevention and coping solutions. Let's FounderQuest!

Links:
The 'Badger Life Blog Post: https://joshuawood.net/badger-life
Full Transcript:
Starr: 00:01 I had the voiceover guy, the voice of Barney who does our voiceovers. I had him do an intro that involves three guys trying to find personal happiness, and I may have used it once. I don't know, I just feel kind of lame putting it on there because I'm like this is too earnest. My 90s teenager self just won't let me be that earnest.

Ben: 00:22 We're pretty earnest, when you think about it.

Announcer: 00:25 Three developers, one mission. Build a business to nurture personal fulfillment. It's not stupid, it's FounderQuest.

Josh: 00:36 The Badger Life was the title of the blog post I did too that was kind of on this topic.

Starr: 00:42 Oh, that's right.

Ben: 00:43 Josh is the expert on that-

Josh: 00:45 I was just looking at it.

Ben: 00:45 We'll just have you talk the whole episode.

Josh: 00:47 No.

Ben: 00:48 Monologue.

Josh: 00:48 I mean, you want to have an episode, right? My talent is like just breaking the tension with the dumb jokes.

Starr: 00:57 Oh, I thought that was my talent.

Josh: 00:59 Well, clearly we're in trouble because Ben is the only one who can actually like talk cohesively.

Ben: 01:06 So Josh, what was your motivation for writing that blog post?

Josh: 01:11 I think just kind of sharing our view of the world. And I think we found a certain level of success with this now, and it's been something that we've been ... It's a kick that we've been on for a while, and I think it's one of the reasons we started the business was we were early starting the business to have, I think, like as a carryover from the last episode.

Josh: 01:38 We never really start the business to be some sort of like, to get us a bunch of fame and power, anything like that.

Starr: 01:44 Wait, what?

Josh: 01:48 Maybe Starr did, but yeah. I don't know, like we always ... I think the book that I had read and it's probably corny because this is .... I don't know if cliché at this point but I remember like I had just read The 4-Hour Workweek, and I was like, I want to start something that doesn't kill me and still makes a good living and all that sort of thing. That was for me to achieve my financial goals and stuff.

Josh: 02:19 I wrote this blog post, I think it was the last year. I think it's been a little while since I wrote it but-

Starr: 02:27 It's only been a year?

Josh: 02:27 Yeah, I just kind of talked about how we do things.

Starr: 02:30 Wow.

Josh: 02:30 I think it was already a year ago since I wrote that.

Starr: 02:33 I was going to say it seems like a decade ago, but ...

Ben: 02:36 Yeah, I would guess two years ago.

Josh: 02:38 Two years ago?

Starr: 02:39 That's because I have a small child so.

Josh: 02:44 Again, same here. So I don't have much of a concept of time at this point. But I have a feeling it wasn't as long as we're thinking, long ago as we're thinking.

Starr: 02:56 Yeah. So the post was called Badger Life and it sort of describes how we work, the things we value as company. And, man, the response to this was amazing like people were getting in touch with me. They're like, "How do I do this, Starr?" And I was like, "I don't know, man. Get lucky."

Starr: 03:13 Oh, no. I just ruined the podcast. No, everybody is going to unsubscribe now.

Josh: 03:19 Gosh, Starr.

Starr: 03:19 I know. I know.

Josh: 03:21 Well, I know like ...

Starr: 03:22 Ben is the one who knows everything. I'm just along for the ride.

Josh: 03:27 We had a few people mention when we were hiring, as we've hired a few people recently after being a company of three for a long time, and we've had people tell us that through that hiring process that they had read this blog post and it was one of the things that made them want to work with us.

Starr: 03:48 A question for you, Josh. Are we a lifestyle business? Are we a lifestyle business?

Josh: 03:54 I freaking hate the term but let's say, we probably are.

Starr: 03:59 Wait, what?

Ben: 04:00&...

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