7
14 Comments

Ask IH: Where/How do you get your best entrepreneurship tips from?

It is hard building a business. There are lots of details to figure out, new helpful tools being continuously launched, and best practices are constantly changing.

How do you keep up with the latest techniques?

What have you found most helpful?

There are lots of places recommending books, and those are great - but they do take a fair bit of time to go through and I am wondering what else has worked best for you.

  1. 3

    95% in the field. 5% reading what others say; realizing even that might be too much.

    1. 1

      Yes, doing stuff in the field is absolutely a large part of it.

      Where-do-you-read / how-do-you-find what others say?

      1. 1

        This comment was deleted 8 years ago

  2. 2

    This is a problem I try to solve with my newsletter, Five Minute Founder.

    The hard part of being a founder is that there are thousands of things you could do (or pieces of advice you could follow), but at any one time there are only 2-3 important things you should do.

    With that in mind, I put together a weekly newsletter with a piece of actionable advice which will improve your project by 1%, in five minutes or less.

    1. 2

      @louisswiss - I am a huge fan Five Minute Founder. Thanks for the effort in putting it together.

      That being said... I feel like the topics that I care about are often more specific than just the broad entrepreneurship topic and are often something that do need a certain amount of detail.

      I am curious - how do you get the insights that you share on the lists? Is it just spending a lot of time reading blogs on an RSS reader and spending time on twitter?

      1. 2

        Thanks a lot. That's great to hear!

        I am curious - how do you get the insights that you share on the lists? Is it just spending a lot of time reading blogs on an RSS reader and spending time on twitter?

        I would say it's:

        • 10-20% random stuff I read on Twitter and think wow, that's so useful!
        • ~30-40% problems I either see founders struggling with on IH, or they reach out to me about directly about
        • 50% important mistakes I made when founding/building my own companies

        I agree completely that you only need most bits of information when you actually need to use them - my suggestion there is to find a mentor who has built a successful company before, and bounce questions like that off them.

        Good luck!

        1. 2

          Are there particular people you follow on Twitter that are good people to follow?

          1. 2

            Yes. I don't have time to list them right now, but the people I follow on Indie Hackers are definitely worth following on Twitter too.

        2. 1

          I agree completely that you only need most bits of information when you actually need to use them - my suggestion there is to find a mentor who has built a successful company before, and bounce questions like that off them.

          I do find mentors helpful. But, I don't know if they are enough. I grew my last company to 10 employees, but the marketing techniques that I used effectively then will definitely not work now.

          I do agree that having a large network will help here, but again, it does have its limits.

          The above is why I am curious as to what others are doing. And your tips have been very helpful.

          Good luck!

          Thanks!

  3. 2

    Vineet,
    I would say this varies based on the industry serv of your business and the complexity of your organization. Reach out if you’d like to discuss some specific recommendations for your company.
    Dave

    1. 1

      @ProandConStrategies - I was thinking broadly in the context of Indie Hacking and Entrepreneurship.

      1. 2

        For entrepreneurship, the best method in my experience is to build a personal board room. Seek out people with skills that drive the best practice updates. Someone from the legal field, someone from accounting, banking (investor rounds experience can be helpful if that’s your goal), software development, etc. This is a slower method than books/blogs initially, but done well can really have excellent benefits with staying current as you also share insights with that group. Instead of relying on a source that you have to go research, share insights with that group, and you’ll be surprised how much easier it is to stay current.

  4. 2

    In the past, Hacker News used to the place to keep tabs on this.

    But, these days, I feel like I have to follow dozens of blogs, people on twitter, facebook groups, and podcast.

    I don't know if I am happy with my answer, but hoping that there are some good answers here.

    1. 1

      Thanks! I guess your answer is 'read a lot'. That works :-)

  5. 1

    Hacker news, IH, Google/Youtube for some specific answer.