There are risks involved in every decision in life. The choice to work on a company comes with the risk of opportunity cost. If your company fails you would not get that time back, time you could have spent working and creating money in other ways.
One topic I want to test out with the group is how to evaluate when to cut your losses. The Sunk cost fallacy is the tendency within us to continue spending effort on something only because we have invested lots of time into it so far. How do you test that your company is still worth working on?
What was discussed
Writing for LinkedIn for distribution.
Creating podcasts for user research.
Committing to a sustainable pace of work. Say a blogpost every month.
It seems to be easy to get on podcasts to talk about your company.
Perform some valueadd to your community to get a good sense that what you are working on is still worth working on.
Resources
Nocode: build your webapp - good outline for getting a no code project out. Where I got the namecheap logo creator.
Perfecting Product - new project by member for scaling product managment
Reboot Podcast Episode #123 – What Subroutines Are You Running? – with Daniel Feltsman
https://harrymoreno.com/ - Harry’s blog
https://www.cvonu.com/ - Christian’s blog
https://medium.com/@interacsean - Sean’s blog
Next Meetup
Register here for the next Zoom Meeting
And share the project https://solofounders.substack.com