Building Fintellect 💸 | More profits and less financial routine for professional service agencies
There is a lot in common between growing an early stage startup, and endurance sports. 1. The self-talk. During an ultra you always talk yourself into pushing one more mile, one more step, one more summit. You don’t know what’s after it, and how much more you are able to endure. But this is what startups and sports about - not knowing if you can make it, but still pushing, because fuck it, I can. 2. A guaranteed fuck-up. You will absolutely positively fuck something up. Will eat something wrong and stick with nausea for couple of hours. Will forget to change socks and end up with huge blisters. Forget the food you need. Will run out of water in the middle of nowhere. Startups are the same. You will fuck up a lot of things, and there’s no need to try not to. You will, and the idea is to solve problems on the go, to fix the plane in the middle of a flight. 3. Readiness to DNF. Did Not Finish — a fear of every runner. Startups are the same — you can DNF at some point, and odds are against you, so just be prepared. 4. Multitasking. You think about different things at the same time: route, water, food, your energy, physical feed, emotional state, weather, time. If you loose track of something — chances are you will have a problem with that in the future. The same goes with startups: product updates, testing, feedbacks, new leads, retention, fundraising, cashflow, support — everything is a priority, you don't have enough cash to delegate, but still have to do everything. So just stick to it as long as possible. I can add a lot more, but you got the point. Every time I run 50-60-70K trails, I think about this stuff, and it helps me figure out how to approach startup problems. Will see what it takes to run 100 miles. Maybe it's like growing to Series A.
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3moha ha, point 2 applies to any activity ))) thanks for your thoughts Danylo