I heard a great line from an acquaintance recently who had to write off losing some money on a client who demanded something urgent, got it without paying down, then refused to pay:
"It was relatively cheap tuition."
Fact is, most things you attempt in business the first time go haywire. That means, if you're outlaying cash, there's a really decent cash you're going to get negative returns on the first round of advertising or expansion you try. Of course, that speaks for going in somewhat methodically and doing some due diligence beforehand, but mentally classifying your first run at something as "tuition" isn't a bad strategy at all.
We just put up some ads to hire some specific types of outsourcing help because time is a real bottleneck for us right now. We've never done this particular kind of outsourcing, so I've mentally resigned myself to the first few people we try out costing us some cash and providing no useful production while we get our act together and identify someone good.
When you do that, instead of coming in expecting the best (or even, expecting just a positive outcome), you're ready for things to go a little sideways at first. If it doesn't, so much the better -- but if it does, then you're ready to deal with it and keep moving forwards.
Yep. I tried something different a few days ago, got slightly screwed over and paid some "cheap tuition". Sometimes, no matter how hard you try, you can't predict where and how things will go wrong. Actually doing it, and paying the tuition, is a much better lesson in awareness.
I sort of agree with this. I think you can't count the tuition until you actually learn the lesson and you can't count the lesson learned until you're succeeding -- you're collecting down payments, your contractors are working out, etc. When you fail, you just learn one wrong way to do it, not necessarily the right way. Then again, what guarantee is there that tuition towards traditional education is teaching the right way to do something until it's done by the graduate?
An interesting discussion with a reader follows. While you're reading, if you have experience with half-finished projects/apps/websites/businesses/etc, please think to yourself, "What would I do?" and answer in the comments.
First off, thanks for making yourself available to talk. I just saw the comment saying you're surprised more people don't take you up on your offer, so I figured I'd send you an email :)
I have a project which has potential, but I'm not sure I can be the one to take it places.
It is a task-oriented team chat application, similar to campfirehq. Its task-oriented nature sets it apart, because you can make a task as easily as typing !implement history search and hitting enter. This makes it very easy to see who is working on what, and discuss it. The barriers to communication and organization are lowered, helping teams move more quickly, and stay organized.
I was just thinking about fifteen minutes ago, "I don't think I've ever personally used the word foist before". Not that I remember every word I've said, necessarily, but I think I'd remember if I said foist. Today I resolve to use the word foist at least once in a natural context - so watch out for that.
When we last left our heroes, we had just taken all of the seats out of our mighty new school bus.
To get this party started, check out the official BtyB-Time-Machine satellite photo of the bus. This is in no way blantantly ripped from google maps :