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I love the line of thinking here, but please don't try this with you're pre-revenue cash burning startup. Best wait till you have solid profits, plenty of users
by lowkey 19y ago
I love the line of thinking here, but please don't try this with you're pre-revenue cash burning startup. Best wait till you have solid profits, plenty of users and a nice 'moat' around your business as Warren Buffet would say.
- pchristensen 19y agoYep, companies can do this, but startups still have something to prove.
- Xichekolas 19y agoBut companies are the only ones married to a five day workweek to begin with. The only reason you work five weekdays is to seem professional. At a startup you should work whenever you feel like it (which is hopefully seven days a week starting at 11pm and going til dawn, with copious amounts of caffeine and loud music). But if you can get a lot done in four days and it'll keep you happy, work four days, you don't have any corporate culture to prove anything to.
- pchristensen 19y agoThe grandparent comment gives my definition of the difference between a startup and a company: Startup: "...pre-revenue cash burning startup." Business/company: "...solid profits, plenty of users..." By this definition, most YC companies would be startups while 37signals/Fog Creek/Google would be companies. Incidentally, Facebook is still a startup by this definition, despite its size. So like you say, the startup has to do whatever possible, because as I say, they're on borrowed time. They onus is on them to demonstrate that their idea and execution is accepted by the market ("Make something people want"). In a business with customers, profits, etc, they've done that and it's just a matter or managing what has been created. When you get to that point (especially when hiring non-founders), you have room to be flexible.
- dazzawazza 19y agoIf the point is that you can be as productive working a four day week with a 3 day break I would ask why work a five day week? Startups need productivity not man hours. If you're happy you might make a 'happier' product, be more likely to succeed with business partners, more charming to angels and VC's, more friendly with your friends and even a better lover with your lover. Each person only has so much to give.. you can squeeze a lot at the beginning and loose later or take a steady pace and reach the goal with a lot less stress.