Our company has recently had to adapt to mitigating circumstances that could, in all probability, cause a downfall of our product if we ignore them. I’ve read the blogs about letting go of your original product to the needs of the market. I’ve read the economical suggestions from Sequoia. I’ve watched the other Web 2.0 startups and how they have fun with resources. It’s funny how you thought you could handle change until it actually arrives.
The “Original Idea”
Loud3r is making serious modifications to its business model. Due to those changes we’re having to make adjustments in our development priorities. Those decisions are being heavily influenced by a new person we’ve brought onto the team, a well known entrepenuer with many successful startups under his belt (and apparently voted into the “top 10 sexiest geeks in the world”). My gut instinct is to fight for my desire to perfect the backend, but it is no longer about changes that won’t be noticed by the consumer, no matter how much I will personally recognize them. Monetization is moving away from the technology and into presentation — the “wow” and “awe” that a presentation creates in the minds of those who don’t particularly grasp the concept of the backend.
In meetings I am obstenate and fight for continuation of our original idea and am constantly reminded that it’s no longer about that. Changes are required to make sure we survive these times. The original idea failed for a few major reasons that we can’t go back and change. After seven long months of ridiculous determination/hard work our application has been rewritten and is ready for production, only to meet bad timing with the economy and the end of the fiscal year. So our new guy is helping to lead us in the right direction. I’ve got to say, in the end, the hardest part is letting someone walk into the project and start directing its future after the boss and I spent so long on our own. Learning to scrap the original idea and to adapt to the better one is very, very hard for someone as stubborn and pretentious as I.
Economy
Oh, Sequoia. How I loathe thee. And TechCrunch for being one of the most emo blogs out there and constantly reminding us the imminent downfall of the tech industry (which I absolutely don’t see happening). However, both are giving advice that is not to be ignored. We finally brought on a new developer and his entire job has not been to help with modifications to the product, but rather to move us onto AWS. Within the next two weeks though his work will slash our monthly costs by 20%. Along with some employee/firm cuts we’ll be seeing a 30-40% decrease.
Most difficult in all of this has been altering our priortization process so that monetization is most important aspect of whether we move forward on development.
- Does it Make Money
- Does it Save Money
- …
- …
- Does it better user experience
Yet another ridiculously hard thing to get used to. No longer making the product rock technically, but making it rock cheaply. I’ve had to swallow my pride, ambition and desires time and time again. In the end it’s yet another lesson in not cutting corners, making your code efficient, and writing it correctly the first time. I think my favorite lesson of everything though has been a quote from the writer of PHP himself, “Don’t use PHP unless you have to.” And damn was he right.
Go Team, Go!
Our new VP hire has been helping us do one more thing — become a team. Before him it was just the boss and I, along with two or three editors (depending on the month) that met every now and then to give updates. We’re now slowly moving into the mentality of actually being a company, and having a good time doing so. We went out to a bar as a company for the first time last weekend and had a blast discussing our future. We’re starting to look at offices so we can connect even more. Loud3r parties (heh), Loud3r events, and Loud3r P.R. the elementary way — being cool, fun and interesting.
Over the past three weeks since he’s come on we’ve had a meeting every morning to catch up. We keep up in chat rooms, skype and emails more than ever. Our overall happiness has been higher than ever due to the simple fact we are working together, instead of just working towards a final goal. Our optimism is higher than ever before as well, all due to the the changes we’re making for our best interest and the fact we’re listening to one another, coming up with ideas and encouraging creativity.
Accepting
Accepting is the hardest part. Accepting radical change to something that’s your baby. Accepting someone new come in and tell you what to do. Accepting change and trusting that it’s in your best interest. I feel like I’m preaching for Obama or something 