Best of Business — October 2024

  1. 1
    Article
    Avatar of swizecswizec.com·2y

    It made me $500k but I think content is a bad business

    The author shares their journey of running a successful content business around books and courses for software engineers, making almost $500k in revenue. Despite initial success, burnout and lack of joy led to the business becoming unprofitable. They outline the structure of a content business, discussing two types of content—entertainment and insights—and the challenges of maintaining long-term success. The piece highlights the grind and temporary nature of content creation, emphasizing the dominance of 'edutainment' and the difficulty of competing with well-funded developer relations teams.

  2. 2
    Article
    Avatar of communityCommunity Picks·2y

    15 SaaS Business Tips to Help You Succeed

    SaaS products are indispensable for many businesses and are expected to see significant spending growth this year. This post offers key tips for growing a SaaS business, including optimizing product-market fit, leveraging virality, updating pricing models, adopting consumer-style branding, mastering cold outreach, scaling with paid ads, and prioritizing content and SEO. It emphasizes the importance of understanding customer needs, strategic branding, effective sales techniques, and tactical marketing approaches to drive user acquisition and revenue growth.

  3. 3
    Article
    Avatar of itamargiladItamar Gilad·2y

    A Culture of Good Decision-Making (Part 2)

    Learn specific techniques for better decision-making, including using the ACID model, disagreeing and committing, and avoiding outcome bias. The post emphasizes setting clear decision roles, fostering a healthy decision culture, and leveraging algorithms to enhance decision accuracy. High-performing companies can benefit from these methods to accelerate and improve their decision quality.

  4. 4
    Article
    Avatar of tdsTowards Data Science·2y

    Mastering Back-of-the-Envelope Math Will Make You a Better Data Scientist

    Back-of-the-envelope math, or quick-and-dirty estimates, can be more useful than complex models in many business scenarios. Such estimates help cut through complexity, enabling quicker and often sufficiently accurate decision-making. Scenarios are outlined for when rough estimates are appropriate, including assessing minimum viability, ranking options, and making best guesses. The post provides guidance on creating structured estimates and getting stakeholders comfortable with their accuracy.

  5. 5
    Video
    Avatar of TechWithTimTech With Tim·2y

    Is this you?

    Implementing the 'fail fast' approach, often advocated by startup incubators like Y Combinator, is more challenging in practice. Entrepreneurs become deeply invested in their ideas, making it hard to abandon them even when they're not working out. Failing quickly allows one to move on to new ideas faster, potentially bringing them closer to a successful breakthrough.

  6. 6
    Article
    Avatar of atomicobjectAtomic Spin·2y

    How To Be a Good Internal Consultant

    Consulting within your own organization involves practicing the same professionalism, client treatment, and delivery standards as with external clients. It's crucial to instill confidence, respect, and autonomy by treating colleagues like clients and delivering high-quality work. This approach not only improves your skills but also enhances the organization's overall capability.

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