Digging my own Ditch

Archive for April, 2007

Book review: Founders at work

Tuesday, April 17th, 2007

I recently finished a new book called Founders At Work by Jessica Livingston (available here on Amazon).

This book is a series of interviews which Livingston conducted with 32 different entrepreneurs and as such represents a very original resource for would-be entrepreneurs. The list included the stories of companies such as Paypal, Hotmail, Apple, Excite, Yahoo! and many more.

As a regular reader of similar literature, on balance I enjoyed the book. However it was by no means perfect. As the text is a verbatim repetition of her interviews, it is often difficult to follow and you quickly find yourself reading the book for one or two hidden gems of advice in the text. The interview with Steve Wozniak is a perfect example of this, there are several pages of text which describe how Steve worked tirelessly to reduce the number of chips on his circuit board designs. Whilst stories are ancedoctally interesting, they consume a significant proportion of the text and detract from the valuble lessons which we entrepreneurs would benefit from. They make struggling through the book a challenge and certainly make it harder to draw out the key lessons.

Whilst I would recommend that anyone who is in the process of starting up an online business would do well to read this book, frankly the nature of the text means that some effort and commitment is required to really draw applicable conclusions from it. The book would really have benefited from some sort of analysis performed by Livingston which helped guide the reader to the key lessons from each of the founders.

Overall – OK.

How we started our business

Tuesday, April 10th, 2007

Over the course of the last two weeks I’ve started work on a new business (parallel running with Aroxo) and it occurred to me that getting to the point of starting the vendor selection process, from idea conception took around 10 working days. For Aroxo this process took something like 1 year.

I confess that when we were starting Aroxo I was working fulltime and so I only had evenings and weekends to spend on the business, but this does not explain the increased efficiency. This extra speed comes directly from the experience of launching Aroxo, quite simply for the new business I followed a tried and tested process which I’d already put through its paces for Aroxo (and other projects).

The process which I am about to describe is directly targetted at launching a business which is “bootstrapped” (i.e. self-funded) and where as much of the work creating the business is out-sourced. The process rough is:

Development process

Over the next series of posts I will detail precisely what we did at each stage, focusing in much more detail on what information was needed to get each stage started and what to look for from the output. I’ll provide examples for each of the stages and make it clear where it is possible to skip certain stages or where the process might differ for different project structures.

I’ve no doubt that others adopt different processes and I’m happy to carry comments to capture these differences and would appreciate everyone’s feedback.

Just married!

Saturday, April 7th, 2007

On a personal note, just wanted leave a quick post with some great news!

On March 30th I married my fiancée, Steph, at Weston Manor near Bicester. We had a truly amazing day and thanks to everyone who could be there. I have added some photos here and the professional shots are here for those who are interested.

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We had a short honeymoon at Cowley Manor in Gloucestershire, which will be followed up by a lightening fast round the world from mid-May.

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