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Software Startup Myths Debunked

Software Startup Myths Debunked

Startup founders believe number of common concepts that float around on the Net. Are they true? Mike Taber looks at top five myths of software startups, especially the ones that discussed and endorsed by different people frequently. For instance, he firmly disagrees one need VC funding to be successful, and the interesting one to look at like after Google bought YouTube: selling the company is the: quickest/best/easiest path to success/freedom/fame/fortune

… Most people think that VC’s won’t throw money away on companies they don’t think will succeed. This is true, but it’s also true that VC’s can’t see the future, which is part of the reason they invest in multiple companies; to hedge their bets. Company founders don’t have the luxury of ‘diversifying their portfolio,’ so to speak. They work at their company until funding is pulled, it goes bust, it’s sold, etc… It’s hard to be the founder at multiple companies at the same time. But VC’s depend on the founders thinking that a VC wouldn’t let them go down in flames. Plenty of VC’s watch the companies they helped fund go down all the time…

Software Startup Myths Debunked – [Mike Taber’s Blog]

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Last Updated on July 25, 2018

Finding Your Inside Time

Finding Your Inside Time

An old article that is worth mentioning is called Finding Your Inside Time by David Allen.

David talks about his style on capturing your life details within a journal. By writing every action required items into your journal, you will have more freedom from detaching yourself from all those pressures. He says keeping a journal is like a core dump which can act as your stress release and spiritual in-basket:

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Just making a free-form list of all the things you have attention on is a form of journaling and is at least momentarily liberating. On the most mundane level, it is capturing all of the “oh, yeah, I need to …” stuff—phone calls to make, things to get at the store, things to talk to your boss or your assistant about, etc. At this level, it doesn’t usually make for a very exciting or interesting experience—just a necessary one to clear the most obvious cargo on the deck.

I often use my journal for “core-dumping” the subtler and more ambiguous things rattling around in my psyche. It’s like doing a current-reality inventory of the things that really have my attention—the big blips on my internal radar. These can be either negative or positive, like relationship issues, career decisions or unexpected events that have created disturbances or new opportunities. Sometimes core-dumping is the best way to get started when nothing else is flowing—just an objectification of what is on my internal landscape.

This is a key point that David has emphasized in his book Getting Things Done: The Art of Stress-Free Productivity – and it is one of the effective tools that I use daily.

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Finding Your Inside Time – [Writers Digest]

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Featured photo credit: Unsplash via unsplash.com

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