Costly Startup Mistakes, Existential Product Questions & Founder Psychology

Your ability to manage your own psychology has a profound impact on your success.  As Ruben mentions in this tweet, it is easy for smart founders to self-sabotage, including: 

 
 

Here's what we're covering this week: 

  • Costly startup mistakes

  • Prioritizing marketing vs. development time

  • Balancing speed vs. quality when it comes to shipping new features

 

 

📺 Featured on the MicroConf YouTube Channel

Top 11 Ways Startups Waste Their Money - Avoid These Costly Mistakes!

From scaling sales before the product is ready to building without talking to customers and gold plating, here are 11 ways startups waste their money. 

 
 
 

 

🎟 Upcoming MicroConf Events 

Here is where you can meet and connect with fellow MicroConf’ers. 

If you are an under-represented, minoritized, or financially disadvantaged founder and need a little help with the costs of attending our events, check out our MicroConf Scholarship program.

 

 

🎙 As Heard On Startups For The Rest Of Us

In episode 624, join Rob Walling for a solo adventure as he answers some listener questions on topics ranging from customer interviews to transitioning from a free to a paid product and prioritizing marketing vs. development.

 
 
 

 

🚀 SaaS Resources To Check Out From Around The Web

 

 

🔥 A Sneak Peek into MicroConf Connect

Every week, 3300+ founders are chatting in our free Slack community. Here is a glimpse of what we're chatting about in the #shopify channel: 

Has anyone successfully gotten a Billing API Exemption from Shopify?

 

 

This weeks Edition of The Micro is brought to you by…

 
 

Pipe is a trading platform that enables entrepreneurs to grow their businesses on their terms. By treating recurring revenue streams as an asset, Pipe allows companies to transform their recurring revenue into up-front capital, instantly. Right now, the MicroConf community can access up to $50m in fee-free capital via Pipe with trade fees waived for the first 12 months. Visit www.pipe.com/microconf to get started.

Want to reach thousands of Bootstrapped SaaS founders? Drop us a note at sponsors@microconf.com.

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Hiring Top Tier Talent, Personalized Onboarding & Betting On Yourself

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The Cost of a Media Marketing Channel, SaaS Pricing Fundamentals, and Customer Research