Choice quotes from Ev Williams:
1. “Even if they’re awesome, having too big of a team will slow you down… Capable people need meaty challenges. There are no meaty challenges in the very beginning except defining what it is exactly (or approximately) you’re doing. That’s a job you can’t divide up too finely.”
2. “Nothing clarifies focus like a date. (Or: If you don’t have a tough constraint, make one up.)”
3. “Getting something out the door was key also because it clarified our vision and focus more. We were making fewer guesses—not because of explicit user feedback and data analysis as much as just observing and experiencing real-world usage.
Ryan Singer from 37Signals product development process
Wealthfront’s Equity Plan
It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
“Manage your energy, not your time.”
Schwartz explains that as humans we have 4 different types of energies to manage every day:
Your physical energy – how healthy are you? (We’ve written about that part before)
Your emotional energy – how happy are you?
Your mental energy – how well can you focus on something?
Your spiritual energy – why are you doing all of this? What is your purpose?
The basic understanding is that our human minds can focus on any given task for 90-120 minutes. Afterwards, a 20-30 minute break is required for us to get the renewal to achieve high performance for our next task again…So instead of thinking about “What can I get done in an 8 hour day”, I’ve started to change my thinking to “What can I get done in a 90 min session”.
Instead of looking at a 8, 6 or 10 hour work day, split it down and say you’ve got 4, 5 or however many 90 minute windows. That way you will be able to have 4 tasks that you can get done every day much more easily.