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trevmckendrick

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www.trevormckendrick.com 5y ago

I lost 25 pounds using my Peloton

trevmckendrick
12pts2
www.trevormckendrick.com 5y ago

Ignore Founders’ Stories

trevmckendrick
1pts0
www.trevormckendrick.com 5y ago

Ignore every founder’s story on how they started their company

trevmckendrick
9pts0
pullrequest.substack.com 5y ago

Make Westing

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1pts0
www.howitactuallyworks.com 6y ago

Optimism: A Manifesto

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9pts2
www.howitactuallyworks.com 6y ago

The Slideshow of Your Life

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3pts0
www.howitactuallyworks.com 6y ago

Finding Problems Is Only 10% of the Value

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2pts0
cdixon.org 6y ago

Computers that can make commitments

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2pts0
www.howitactuallyworks.com 6y ago

How to elevate your company using narrative

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4pts0
www.howitactuallyworks.com 6y ago

Participating in the Infinite Game of Life

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1pts0
www.howitactuallyworks.com 6y ago

Ode to Silicon Valley

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1pts0
www.howitactuallyworks.com 6y ago

The Religion of Creation

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1pts0
www.howitactuallyworks.com 7y ago

Why is everyone like their parents?

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1pts0
www.howitactuallyworks.com 7y ago

The Religion of Creation

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3pts0
www.howitactuallyworks.com 7y ago

The Perfect Decision Fallacy

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3pts0
www.howitactuallyworks.com 7y ago

Efficiency Is an Excuse to Not Do the Actual Work

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2pts0
www.howitactuallyworks.com 7y ago

Daydreaming about the future instead of doing work today

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599pts179
www.indiehackers.com 8y ago

Why I Gave Up a Profitable Business Making $3,000 a Month

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2pts0
stratechery.com 8y ago

Faceless Publishers

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2pts0
daringfireball.net 8y ago

Pressing the Side Button to Confirm Payments on iPhone X

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45pts8
slatestarcodex.com 8y ago

I Can Tolerate Anything Except the Outgroup

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1pts0
www.theironyard.com 9y ago

The Iron Yard Coding Bootcamp Is Shutting Down All Its Campuses

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14pts1
www.trevormckendrick.com 9y ago

Be Suspicious of Epiphanies

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1pts0
www.trevormckendrick.com 9y ago

Efficiency Is an Excuse to Not Do the Actual Work

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1pts0
www.indiehackers.com 9y ago

How I built, grew, and sold a mobile app

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4pts0
wpcurve.com 9y ago

WP Curve Acquired by GoDaddy

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3pts0
stripe.com 9y ago

Reproducible research: Stripe’s approach to data science

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3pts0
thelaunchcampus.com 9y ago

What Everybody Should Know About Contracting Developers

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1pts0
www.youtube.com 10y ago

How to Succeed with Brunettes 1967 US Navy Training Film

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1pts0
trevormckendrick.com 10y ago

15 Frequent Tax Mistakes Made by Developers

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3pts0

readwise is so good that even though I LOVE physical books, I don’t buy them anymore. They wouldn’t get into my Readwise notes, which is now a crucial part of my daily workflow.

I sold my Bible app company a few years ago, and it was mostly a PITA (e.g. took 7 months for a relatively small deal)

Now I acquire small SaaS businesses at CapitalAcademy.org and make it a point of making the process as painless as possible.

If you have any interest in selling or just want to learn about the acquisition process feel free to say hi, trevor@capitalacademy.org

This is not true. Prices vary widely, and 2-3x is definitely within range of prices you'd see selling through brokers.

The price also depends on the product/company itself: how stable are revenues, what's churn, how diversified are traffic sources, etc.

Thank you for writing this. It's incredibly important and basically no one talks about it.

I can only reiterate what you've said: - Selling your company in an asset sale as a C-Corp increases your taxes 20-30% or more - Unless you're a BFD and have tons of inbound acquisition interest, the acquirer is going to dictate whether it's a stock sale or an asset sale, and they will almost always want an asset sale (less liability for them) - You should only be a C-Corp in the first place if you're a venture backed startup. Start with an LLC and just do a conversion to a C-Corp when you raise money; this maximizes your optionality.

It seems whenever I do anything successful it always started as a small thing. No grand plans, just a small task or two done over and over until it's much larger.

It seems like good lives are built the same way as good companies: one small task at a time compounded over years.

The Economist comment came out of the blue. Why does the author believe that will help one improve?

This is being way overblown IMO.

If you've worked at a big, regulated company, you know there are tons of trainings that you have to do.

Often said training provide little to no value, other than covering the ass (CYA'ing) of the employer.

But what's worse: these programs will sometimes log you out if you're not paying 100% attention.

Everyone I knew working at our Big 4 accounting firm would do our real work while these "training" videos played in the background.

Some engineer likely thought s/he was helping everyone out. And rightly so...their time was likely much better spent in other places given their incredible growth.