For anyone else who's felt inclined to make a similar pivot - any advice? Particularly when it comes to remaining challenged, informed, and translating valuable hype-cycle concepts to people who don't care about hype.
While it's interesting to play with shiny toys, helping investors make money by creating products related to the hype-cycle de jour that get used by other B2B SaaS companies just feels soulless.
(My background is in GTM systems and data analytics mostly, but I think the question applies to anyone)
The downside is they are unimpressed with refactoring, updating to new versions, and the like. The upside is they are ok with you using boring technology that works, even at times when a VC-backed tech company would insist on something new and overcomplicated.
Also, the pay is ok, but honestly it's not going to be as high as in VC-backed employers.
The reason I’m wondering is because it’s striking how much more financially challenged my Main Street is compared to Vc texh.
I see so much opportunity for a small medium business consultation in the analytics and process space but these companies are like really strapped for money and largely set in their ways in my experience.
In my experience, people are open to solving their problems. It’s just the money is hard making it financially viable so it’s just the big money is just like an order of magnitude smaller.
Another thing I’ve noticed is that I think the general level of sort of like process thinking and data driven decision making in tech is at just like a higher baseline than on Main Street
A lot of my discussions are challenging how to sort of like present the problem in a way that somebody that doesn’t have decades of experience and operations understands.
Another challenge that I face regularly with Main Street companies is just people seem to be happy like they’re not trying to continuously optimize like I’m used to doing coming for a big tech. Even when it’s easy to present like positive ROI opportunities there’s just like a comfort with the way things are done and a lot of people seem just happy governed by their scaling factors in exchange for that that comfort.
TLDR; challenges are financial and mentality.
I've only once worked on main street when I was managing the app for a pizza chain.
One day, sitting in a quarterly planning meeting for the pizza company, they were discussing changes they could make to the app and the comment that stood out in my head was "we forecast this change could help us sell x% more garlic bread".
In my head I thought, "I don't care how much garlic bread we sell...this is not why I'm on the planet".
I know not every mains st. business is selling pizza, and lots of B2B companies, VC backed or not, would not excite me.
You're right, helping investors make money isn't very compelling, and I think B2B, has that kind of focus, but many ventures aren't B2B SaaS.
There is lots going on in health, energy, space, etc. right now. I do expect many of these bubbles will pop, but is there something there that interests you?
I didn't see a contact in your profile, but I'm the founder off https://affectablesleep.com, we're not hiring a GTM person, but I'm currently reaching out to a few people for advice. Drop me a line if you're interested in chatting, and maybe I can help you find your next thing too.
You are usually forced to come to this conclusion, if you hadn't already, after your experience with a rug-pull or two.
Oh, and uh, get used to boredom. Java and .NET, maybe some Python if you're lucky. If you love Rust, get comfortable loving it on your own time. Most of the world out there runs on time-honored technology that's been proven to work, and what you'll find is... that's not really a bad thing. Knowing you have a stable foundation on which to build lets you focus on the things that matter to your business.
I would love to know how to locate more businesses like that though; I haven't had much luck.
All that matters now is 1) if your software is straightforward enough to understand and 2) helps drive value for your potential business customers. That’s it. Everything else is just functionally irrelevant.
Going direct to customers without any kind of intermediary is where I start to get really nervous.
Consider that people who don't care about hype may already know/understand the hype-cycle concepts and just disagree that they are valuable.
Part of leaving the hype-cycle (particularly because you clocked that it was soulless) is realising that challenge and being informed are not the sole preserve of hype.