Founder Summit Takeaways

We share our takeaways from Founder Summit.

Show Notes

Follow the speakers we mentioned!
David Sherry: https://twitter.com/_brandswell
Itamar Marani: https://twitter.com/itamarmarani

Colleen Schnettler  0:00  
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AUTOMATED TRANSCRIPT 

Michele Hansen  0:35  
Hey, Colleen.

Colleen Schnettler  0:37  
Good morning, Michelle.

Michele Hansen  0:39  
It's so nice to see your face again, after seeing it in person. Last off at founder Summit.

Colleen Schnettler  0:45  
I know that was such a wonderful trip. And just amazing that we got to spend that time together.

Michele Hansen  0:51  
I keep thinking about how awesome it was like, I feel like they've set the bar really, really high for conferences in general as but especially post COVID.

Colleen Schnettler  1:04  
Yeah, I also think I will be impressed if they can replicate that experience next year, because everyone I know now wants to go. And I think part of what made that conference so special was that there were it was capped at 150 people. And I'm sure they're gonna get a flood of applicants to go next year. So I don't know what they're going to do how they're going to handle that.

Michele Hansen  1:28  
Yeah, actually, so Tyler tweet that he was like, oh, like, what if we did this in other cities? Oh, like to a year? Yeah. And I was like, Oh, that would be really cool. Yeah, good. Maybe we should talk about like, what made it so awesome. And like, kind of what are like, what are takeaways from it?

Colleen Schnettler  1:44  
Oh, yeah, girl, I have so many takeaways, all the takeaways. Okay. What were what? What would you lead with? What made it so special for you? Besides me? Of course. It's too easy.

Michele Hansen  2:01  
You know, so I mean, yeah, this is really hard thing to like, summarize. So I think it was, I mean, it was just so nice being in the same place with other people who are doing the same thing. You know, I think we've talked about how, you know, we initially connected one of the reasons was like, You're the only person I knew in my regular everyday life, who also did this, like weird internet business thing. And there's just like, aren't that many people in this world doing that. So it's just like, so nice to be around other people who are doing this. And you're not only not only do you feel normal, but like, it's such a good environment for like, throwing around ideas. And like, there was at one point when we were talking about, like, multiples for SaaS companies like making a couple $1,000 a month at one point, like on a on the bus to do the hot air balloon ride over to t Wuhan like, and I hope I'm pronouncing that right. I'm practicing so much. And we're like, you know what, we should just like, ask the bus, like this bus full of people would know the answer to this question and have a perspective on this. And like, and so that was really, really awesome. And I feel like there's so many people who introduce themselves. And then and then we like, you know, I'm so and so Oh, and I'm so and so on Twitter, and I'm like, oh my god, like, I've been tweeting with you for the past, you know, like, couple of years, and I finally meeting you in person. And. And so that was really awesome. And I mean, just getting so many ideas going about things. And also, you know, we had talked on our meta episode about how I want to talk more about negotiation, because that's something I do a lot of, and sales, but don't really talk about. And then a speaker was sick on the second day, and Tyler was like, Hey, can anybody give a talk this afternoon? And like, fill the spot and I was like, Yep, alright, I can do negotiation, talk and workshop. And, and, you know, just kind of kind of jumped at it. And it was, it was super fun. And I think I think the big thing I'm really thinking about that, you know, that activity did was like the, the, the, like the wheel where you had to, like rate different areas over your life from like, one to 10 like how they're going. So there was I think it was like occupational fulfillments like one to 10 which is work, right work. Yep. spiritual, emotional, environmental. Physical. Did I already say social? I don't think so. Social. Yeah, there was like five or six different things. Yeah, that's

Colleen Schnettler  4:49  
six. Um,

Michele Hansen  4:52  
and I think we both had really interesting results from that. Like they're very different like ours were like, Oh, yes, opposite one. And yeah, and really thinking about how like, you know, I like I gave like physical health like a one on that, right. And the goal of this activity was, you know, you give each area a score of one to 10. And then you set a goal of getting up to spots in the next 90 days. So not going from one to 10, which is often how I two things, just like totally like, balls to the wall focusing on something. But going, you know, from like, one to three, and so it's like, how can you have a plan to go from one to three or three to five? Or, or what have you in the next 90 days. And I remember you saying, when I was writing the book, you were like, Dude, you're like, moving so fast, like you're gonna run headfirst into a wall. And I did, and I haven't talked about that too much, but kind of like privately, I've talked to some people who definitely had this had a similar feeling after launching things. Yeah. Um, and yeah, just really, really thinking. I mean, like, literally even like today, like I got hiccups. 30 seconds before we got on recording, and I was doing literally everything I could to get them to go away, rather than being like, hey, maybe let's record another day instead, right? Like I make work happen no matter what. Even if it's at the the sacrifice of my physical health. And so I think that's something you know, I really need to focus on and I think, something Natalie from wild bit said on stage was like, you know, if the founder isn't happy, if the founder isn't healthy, then the company can't flourish. And so I think that's, that's, I mean, that's something I really, really need to work on. And it's like, kind of like work related, but it's like, it's not, but it also like it is in every sense of the word. So I think that's kind of been a thing I'm thinking about, but I don't I still don't really know exactly where I go with that.

Colleen Schnettler  7:07  
Like actionable steps. That's what you're still trying to figure out. Because if you want a warning, pretty bad, so

Michele Hansen  7:12  
yeah, it is. Yeah. I mean, I did order atomic habits, which is like one of those books that like I've never read before, never read a tie. No, it's like one of those books. I feel like that. And like Ray Dalio, his book, or like, books that everybody around me read and like, told me about, and I read about, so I felt like I read them. But I didn't, you know, like, I just didn't feel like I needed to, because it just everybody read it. And I'm like, No, I should probably like, sit down and think about like, not doing a whole scale turnaround, which is like, normally how I approach anything, and it's like, just just just way over the top. Yeah, um, but how, you know, how can I make small changes so that I don't get exhausted and like, move on to something else? And then then, which then exhaust me and then move on to something else? Like, it's, I see a pattern here. So, um, yeah, and I think I also thought, you know, a lot of people, even if they were in different groups really struggling with the idea of like, work life balance, and how do you, you know, how do you make it so that work doesn't become too much of your identity? And how, when when you really love what you do, like, it's really hard to pull yourself away from it, too,

Colleen Schnettler  8:28  
right? Yeah.

Michele Hansen  8:32  
I don't know. So I don't really have like, I'm just kind of all that's just still really marinating in my head. But it really, really got me going. And I think I really, really needed that push to like, um, I don't know, like, I guess like, prioritize my myself a bit.

Colleen Schnettler  8:52  
Sounds great. I mean, it sounds like that. It's funny sometimes to how you you've probably heard that from me or your spouse or your other friends. But there was something about the environment where everyone was sharing and being open and vulnerable in that big group that I felt really helped some of those points hit home because you saw so many people in the same situation you were in.

Michele Hansen  9:13  
Mm hm. And I mean, you're so like, you were totally opposite because oh, I have like a 10 for occupational like I feel like you know, for me, like this is exactly where I want to be like, last week I spoken in Mexico City twice. This week I spoke in Copenhagen I'm you know, like, like, this is just sort of in like the business is good. Like everything is really good there. But like you for occupational like I think you had like a 10 or a nine for physical health. But then you are much lower on occupational and that was the group that you were in.

Colleen Schnettler  9:49  
Absolutely. Yep. I think something you mentioned to me, which I think is true and was kind of cemented meeting so many founders is like I'm pretty good at taking care of myself socially. mentally, physically, I prioritize that. And so yeah, all that stuff was good for me. But yeah, my occupational score was lower. So my goal is to get that score, what do you say to two or three in the next 90 days?

Michele Hansen  10:17  
I'm just curious, what did you give yourself for occupational,

Colleen Schnettler  10:20  
I honestly don't remember probably like a seven. I love what I do. So I don't think I mean, I think if I was still working a full time job that I didn't enjoy, it would have been much lower. I love what I do with occupational in terms of like my job. So it was still a high score. But I think I what I really took away from the conferences is I was challenged in a way I haven't been challenged in a long time. And by that, I have a lot going on as to you as everyone. And I'm doing really, really well one of the executive coaches there who I was talking with, she described it as an avalanche of abundance, which is like a great problem to have, right? Like, I'm not gonna complain about it. It's an amazing problem to have. And I have all the things and I'm very happy. But I think I haven't really pushed it all on the business stuff. I've just kind of been resting, but I'm not tired. I'm ready to push. Does that make any sense? I guess what I'm trying to say is, I could be trying a lot harder. That's it. That's what I'm trying to say. Yeah, I think so I think that I'm not really trying. And I'm telling myself, I'm trying, but I'm not. So I'm going to start trying.

Michele Hansen  11:40  
So what is trying look like to you. There's a couple of really specific things. I

Colleen Schnettler  11:45  
think there's a lot of personal stuff wrapped up in here too. Like something I took away was like identity. For example, I have this, this interesting. You and Rosie talked about identity on the podcast. Mine's a little different in that my children get out of school 230 In the afternoon, I thought I was going to try you know, I'll pick them up at 230 will come home and they'll do their homework. And I'll continue to work. And that that set up like from a very practical perspective, like what can I practically do in the next 90 days, that setup is not working because I hate stopping work at 2pm in the afternoon. Like that's just, you know, you're in the middle of something, I pick them up, and they need to be supervised, like they can't just be free. We don't have a backyard here. So they need to be supervised wherever they are. We live in California, so I want them to be outside. So it wasn't that I was picking them up and having super quality time with them. It was I was picking them up. We were going to the playground and I was just hanging out of the playground. Mm hmm. Like, very practically speaking. So practically speaking, that doesn't have to be me, that can be another person doing that. And so I can get more of a deep work in my work day. And so I hired after school childcare, I found a nanny. She's lovely. She's already started on Monday, and this week has been really great.

Michele Hansen  13:04  
Oh my god. Amazing. Yeah,

Colleen Schnettler  13:06  
it's like, it's amazing. And the thing is, I you know, I was really worried about upsetting the balance of my happy family life, children marriage with working more. But that's a fake fear. Because, first of all, if if something starts to get gnarly, and I start to upset the balance, I can always change what I'm doing. And second of all, the kids are at the age, as I said, where they just want to play in the playground. They're not we're not like having some amazing bonding experience after school, or give them a snack, we go to the playground.

Michele Hansen  13:38  
Does anyone have amazing bonding experiences after school? Like our like, our daughter gets home and she's just so tired. Like that, even like playing a board game is like, Yeah, but

Colleen Schnettler  13:49  
just want to do they? I mean, my kids just want to play with their friends, right? Yeah, I want to do their thing. So. So the two very actionable things, I feel like I'm ready to push again, I think when I was learning to code, building up my kind of reputation as a Rails developer, you and I talked a little bit about this offline. Like, I worked all the time, and it was hard. And then I rested for like four years, like I just it was it was worth it that year to however it was probably two years of like, really intense work was worth it to have the four or five years of just getting paid a lot of money and doing good work, but like mostly being chill. And I feel like I'm ready to push again, is what I'm trying to say with all these words. And to do that, I see that as working. You know, I'm at my desk seven early, like I get here early. So working a long day, and then I'm picking two nights a week to work and I'm going to set those up with my spouse beforehand. So there's no there's no bitterness, or upsetness. Or I'm like, Oh, I got to work tonight. Oh, I got to work tonight. And he wants to hang out. So we've set aside two nights a week I'm going to work and we're going to do this for a month or two and see, see if I can move the needle on things. Just kind of like test it out. Yeah, right. Right. I mean, it's my life. I can Do whatever I want. So I'm going to try it out. I'm going to try I think I've been scared to try. That's the truth. I've been scared to try. Why have I been scared to try? I'm not quite sure. But it doesn't matter. That's what I've, so I'm going to change that up. And commit to working more. That's my goal.

Michele Hansen  15:19  
Feel like one of the talks that you I think you may be said was the best one that I actually missed? was one on fear.

Colleen Schnettler  15:29  
Right? Love this one. Do that a little bit? Yes, I'd love to. Okay, so this is a tomorrow's talk. Yeah, he is an executive coach. And he talked about so and I don't like personal development, like, I don't read self help books. Like I kind of roll my eyes at that whole area of study. So I just we're

Michele Hansen  15:53  
so opposite. Like, I have like piles of like, books on on your, you're talking to the person with piles of books on like, empathy and boundaries. And like, all these kinds of

Colleen Schnettler  16:08  
read that I read your book, because I love you. But generally speaking, that's not my jam. So, so I went into this talk with low expectations, not that I thought he would be, you know, not a good speaker, but just like, Okay, I'm not gonna get anything out of this. And, you know, he talked about fear, which everyone talks about, but I thought he was gonna get up there and say, Oh, you have a fear of failure. Yeah, everyone has a fear of failure. We get it. That is not what he said. He got up there. And he talked about three fears. The first core fear being uncertainty. And as founders that's applicable to us, because we become control freaks. And we won't hire. Oh, I'm giving you eyeballs.

Michele Hansen  16:49  
I see. I see those eyeballs. I, I, hey, you know, whatever. What are the breakthroughs I had, I'm just just saying this in David's workshop on we should really use people's last names because they're so good. Yes. Um, but now if you like, you know, us know them. So anyway, so, um, David's workshop on, like, personal mission statements, but you also don't believe. And I was like, I've had a personal mission statement for 15 years, but also apparently never told anyone. But like doing that exercise with him, where I crystallize the thought that I am building a business, not an organization. And at this point in my life, I don't have the mental energy to run an organization. I love running a business, but dealing with like, people, politics and all that, like I mean, a lot of the stuff that like Rosie talked about, about hiring and people management, like I just I mean, with just managing, like the people in my own house is kind of the level of management that I'm like capable of. Anyway, yes. Not hiring. So that was the fear of uncertainty.

Colleen Schnettler  18:03  
Well, I mean, there were other things in that, but just generally, with what we do. There's so much uncertainty, and that is also a core fear. So that's something you really have to learn to manage. And I think what you just said about David, David, David's workshop is really good. Because you, you realize that for yourself. And you've kind of always known that, but I don't know if you verbalized it or crystallize it before, in that knowing

Michele Hansen  18:26  
that way. That workshop was awesome. Like, yeah,

Colleen Schnettler  18:29  
I loved David's to David sherry. Yeah, everyone. Yes. I love Dave. Oh,

Michele Hansen  18:34  
good. Yeah, it was basically like, people who are familiar with jobs to be done or who Google things about jobs to be done. The there's like the forces diagram working through the different like, pushes and pulls and anxieties and fears that someone has that keeps them in, in a situation from switching products. We basically applied that to like, our professional lives. And our companies. And it was yeah,

Colleen Schnettler  19:01  
it was it was really good. Like I was also Pooh poohing the mission statement thing, but it was,

Michele Hansen  19:06  
it was really, it totally called you out. In front

Colleen Schnettler  19:10  
of everyone. Thanks. It's fine. We were like a group of friends. By that point. It didn't feel awkward. It was yeah, it was so intimate. Okay, it was so intimate. Yeah. Okay, so the second fear. So this is Itamar. His second fear was worthlessness, which is a second core fear which I think we can all kind of imposter syndrome. And I'm not good enough. And I think we can all identify with that on some level. And the third core fear was abandonment, which is what will people think if I fail, and then he talked a little bit about the ways that we we try to deal with these fears without actually dealing with them, which is obviously a big one is numbing agents and vices, whether that's Twitter or buying things or alcohol or whatever, procrastination And he also talked about the motivation fallacy where if you don't actually handle these fears, you'll like so many of us have gotten in this spurt will actually basically just describe this, but it's like, I'm gonna get it before I am every day. And that's cyclical, like you can't do that forever. So you can do pushes, but eventually that motivation is going to wane. Unless you handle, you know, the, the root of some of these fears. So the solution of this is to minimize your fear and internal resistance. And a lot of people don't do this, because they're unaware that they even have those fears. And that's kind of where I was coming from. Like, he said, these things. I was like, oh, yeah, that that all makes total sense. But I was kind of unaware that those were going on subconsciously.

Michele Hansen  20:42  
Are there any of those fears that you feel like you really identify with as it relates to this whole?

Colleen Schnettler  20:50  
I think I mean, I think for me, part of the reason I haven't really wanted to push is like I said, like, I'm very blessed in my, my life is really good right now. So I don't want to do anything that upsets the balance of the happiness that I feel right now. But I think a lot of that too, might be abandonment, and it's not abandonment in this great big, like, I don't care what the internet people think of me. But you know, of my family. Like if I'm going to work more, how is that? What, what are what's going to happen with my relationship with my husband and my children? And those are the most important things. So I think that might have been a core fear for me. Yeah. Oh, man, all of them. Michelle, like and I don't even think I would have been like, I don't have any fears. I'm fine. Before this talk. Uncertainty. That's a big one, too. Because, as you know, as independent as entrepreneurs, we are constantly uncertainty. I mean, it's constant uncertainty, right? Every day, like, what should I do? I don't know what to do. Is this gonna work? Is this gonna work? I have no idea. I have no one to ask. So that's a stressful thing. Like it's not a bad thing. But it is. It's kind of a constant stress. Like, I don't know if this is gonna work. Yeah. So yeah, I took away from it. And I was I was feeling it. I was digging it. It sounds

Michele Hansen  22:03  
like it was an awesome talk. And I feel like I joined everyone else who wished that they had been at founder summit and having a little bit of FOMO, about missing that. But at the same time, it was like right after my, basically spur of the moment negotiations workshop that I had, like, maybe 20 minutes to plan out in my head during lunch. And I had so much adrenaline after that, that I got through the next talk, which was a great panel on sales for founders. But I like I had so much adrenaline I couldn't sit still. And I was like, I just like I have I have to go like walk like I need to like walk back to the hotel. And I ended up like walking back with some other some other people. And it was like a half hour walk. And I just like really needed that because I was like, jumping out of my skin with energy.

Colleen Schnettler  22:57  
Yeah, well, you did a great job. I loved your negotiation talk. I learned a lot out of that, too. I don't know if I told you that. Oh, yeah. So it was interesting, because you set us up to do the sample negotiation. It's one thing to talk about negotiation, I think it's another thing to do it. So what's give a quick read, I'll give a quick recap, you basically set us up where we were the person who lived under the person who was a piano player, and the piano player wanted to play his piano every night at 10pm. And we had little children, and we wanted him not to play his piano every night at 10pm. And so I'm talking to the person I'm paired up with. And he's talking about playing his piano. And I immediately just got so angry, and like, I'm not really an angry person. And I like in my head, like, I can see I can see my my mental energy, like rolling my eyes, like, oh my god, he was pretending to be like, 20 right? He was not actually 20 But um, you know, just mentally rolling my eyes like, oh my god, millennials. Give me a break. Stop playing your piano. You're such a anyway. Yeah. So that was really enlightening for me. Because I think I pride myself on like, being very good at having self awareness about my emotions and controlling my emotions. And like, I could not I almost rolled my eyes at him. So

Michele Hansen  24:15  
yeah, the the, the sort of setup was it was actually that that activity, we did it in my Danish class. And I was like, this is a great negotiation. Like, it wasn't the purpose of it. But it was, you know, you have one person who's a music student who can, because of their schedule, they can only practice at 10 o'clock at night. But per the apartment building rules, they don't have to be quiet until 11. And then you were the parent whose children are getting woken up. And then you you all had to like talk through it. It was it was really fun. And I think after that I had a couple people be like, oh, like, is this your next book? And like, I'm

Colleen Schnettler  24:53  
like, no, because I'm taking care of my personal health. Not ready to write another book, but okay, that was not

Michele Hansen  24:59  
the end. answer I gave you like, maybe should have been, why not? No. I mean, like, I started working with teaching people about customer interviews and customer research, like, four years ago, like, because like my friends and I ran a job speed on meetup in DC. And I started talking to other founders about it and stuff like that. So I like before I ever sat down to write, I not only had, you know, years of like, personal experience with it, and personal learning and learning from other people and whatnot, but also years of, of, of learning how to teach other people about it, and what are the common hiccups with it? hiccups? And you know, what, like, like, what resonates with people like all that kind of stuff? Well, before I ever sat down to write, versus like, I don't think I'm nearly the same level of, of expertise in negotiating. Like, I have a lot of practice in it. I've taken classes on it. Like, I guess that was, I don't know, I guess, like 334 years ago now. But like, that was the first time I have ever attempted to teach anyone else about negotiating.

Colleen Schnettler  26:19  
And what great, did a great job,

Michele Hansen  26:21  
thank you. Um, but I think I think I need to like a lot, a lot more time before I even get the point of of like thinking about whether that's a book or whatnot, though I am like, I did talk to other people there, who are also interested in like enterprise sales and negotiating and stuff like that. And so we actually will have some people on in the coming months, who will, we'll kind of like, talk more about that stuff. Because I think that's a big part of kind of going from, you know, the sort of stage you're in which I feel like is sort of like the under 10k a month, Mr. Phase, going 10 to 20 is really like for me, it was a lot about learning how to do sales, and definitely going from like, 20 to 50. Like you. I don't think I would have gotten to that point. Had I not had a better understanding of sales and negotiating. Yeah. So, so, yeah, I'm gonna I'm going to talk more about that. But But no, like, no book yet. I still haven't even hit your like, 20 podcast goal for promoting deploy empathy, like you're doing? Well,

Colleen Schnettler  27:35  
I think you have been on quite a lot. 10 or so. Okay. 12 I

Michele Hansen  27:40  
think I just recorded another one. The other day, I think, yeah, I just did one yesterday. And then I have two scheduled. Nice, I need to like have a spreadsheet and keep track.

Colleen Schnettler  27:57  
Yeah,

Michele Hansen  27:59  
um, you could do that. I could. Yeah. That would make sense. It's getting weirdly hard to track how many books I've sold, because like amazon online will only show me 90 days at a time. So I can't just go and like see all that's weird sold. Like I maybe again, if somebody like knows about this, like, let me know. But I'm in like the KDP reports dashboard. And then the reports beta and like, I sneak looks like I might need to like do it manually? Or at least like by month. And then. Yeah, so I don't I don't know. I'm also starting to give some more like, like, sort of private workshops with the book, like, I'm going to be speaking to an MBA class tomorrow online. And a friend asked me if like, I would speak to their marketing team, like do like a workshop. So we'll kind of see how that goes. I don't think I want to go too much in that direction. Like I don't want to be like, you know, selling like a day long workshop thing. Like we've talked about how I really don't want to do consulting,

Colleen Schnettler  29:05  
right? You have mentioned that a few times.

Michele Hansen  29:10  
But like maybe doing a workshop and you know, then they buy like 50 copies of the book. You know, I guess I'm cool with that.

Colleen Schnettler  29:15  
Yeah, seems like a good use of your time. If you enjoy it.

Michele Hansen  29:19  
Yeah, but I think I you know, I think for me, the big thing is like what does balance even mean? I mean, I I don't know.

Colleen Schnettler  29:29  
Yeah, I understand the question. But I think it's James clear has this really interesting thing about the how balance isn't a real before burners theory, the downside of work life balance. Have you seen this?

Michele Hansen  29:44  
Oh, that sounds familiar that like you have one burner going and then you can't have Okay,

Colleen Schnettler  29:49  
ready? Here it goes. four burners like your stove. The first burner represents your family, the second burners, your friends, the third burners, your health, and the fourth burner is your work. The four burners theory says that in order to be successful, you have to cut off one of your burners. And in order to be really successful, you have to cut off to anyway, here's a whole article about it. It's an interesting, interesting idea. But the idea is there isn't a real thing such as balance, there are times where you shift your focus. Like, for example, you this would be a good time for you to shift your focus from work, because you've been working so much for 610 years, to maybe health or whatever it would be right. And maybe it's time for me to shift my focus back to work. But the idea is, it's like, you really can't have balance. It's a lie. You can just have, you know, areas that are shifting and priorities. I can't have everything on five. Right, right, exactly. You can't have everything on five. Yeah. It's kind of interesting. And it kind of makes us all of us who are so hard trying to find balance a little bit better, because you're like, oh, okay, this sounds about right. This seems reasonable.

Michele Hansen  30:56  
Yeah, I guess. I mean, he's the habits guy, right. Like he's the habits guy. Yeah. So I guess I need to finally read that book. So yeah, so So that's our 90 day plan. Right? So you're gonna Yeah, you've got my herd nanny now. I mean, always, you've got your plan in action.

Colleen Schnettler  31:17  
I'm an act and I'm gonna

Michele Hansen  31:19  
continue marinating. Oh, my God, it sounds like you. You were like, I'm gonna read more about this and think more. Like, I was like, I'm gonna do this now. Already done. I did it before I talked to you. Yeah, happening?

Colleen Schnettler  31:38  
I know, right? It's good, though, right? Because we both have, it's good, I guess. Yeah, I'm already in action. I've already posted more content. And I am making a video tutorial page. And I'm doing all kinds of things. And oh, the only thing I really got out of it, Michelle was a real focus, thinking more long term. So I think one of the things is we met a lot of people who have been running their businesses. I mean, I know you're kind of in this group. But I've been running their businesses for many, many years. And there were many people I met who aren't really trying to have some big exit, like they want to build a sustainable business that they can work on for as long as they want. And so that really helped me focus in terms of like thinking about where I want to spend my time and my energy and what I want my long term outlook from, like, for my career to look like? So I found that to be really beneficial.

Michele Hansen  32:33  
Was there any, like insights that you feel like are? Yeah, I think his point,

Colleen Schnettler  32:39  
what I found is, so I told you, I'm going to I'm really gonna push on simple file upvote, simple file upload for the next three months, simple file up vote, that sounds interesting. For the next couple months to kind of see what I can do with that if I really work at it. But I think long term, I am more interested in pursuing the opportunity, like really leaning into what to the Hammerstone team. Because when I think of the long term business I want to build, I can't think of anything better than doing really technically challenging work with my friends. Like I love as we've talked about when I joined Hammerstone, like I love having co workers or co founders. And that's really where I want to go. Right now I'm doing okay, splitting my time. But that's not sustainable in the long term. So I'm not sure what that looks like in a year. But it looks like my focus being more on Hammerstone. I think

Michele Hansen  33:29  
something else we talked about was, you know, the fact that you like you guys are funded for a year. And like the fact that you are funded for a year made you feel like you can take a year to get some stuff done, and how you can get more than that done in a year, too.

Colleen Schnettler  33:51  
So Jimmy from banal got up there talking about this was a founder summit about how to sell something that doesn't exist. Now his product is very specific, and it was very targeted was, you know, targeted to a very specific group of people. But I am not doing so I don't have the rails component for this query builder that I'm building with Hammerstone. But I also haven't really been doing anything to get the word out about it. And so yeah, we're funded for a year and I feel like the work is filling the time allotted. And the work doesn't necessarily need to fill the time allotted. I think I could be a little more efficient and a little more focused. Not that I'm not focused just there's more I could be doing on the Hammerstone side that I'm not and so it really kind of opened my eyes to like there's a lot of other opportunities here. You could get a content machine going now even if you can't sell it for six months, I could be writing articles about all this really interesting sequel stuff I'm doing whatever it may be point being like there's there's things I can put in place earlier. You know, as as I build this component,

Michele Hansen  34:52  
you know, hearing you talk about like it being time to push it almost. I feel like you're conceptualizing it as like this, like, switch, you can flick, like that, like, Okay, now like now you're gonna push like, do you feel like that is? How it's gonna work? So I

Colleen Schnettler  35:15  
don't know, but a little bit like, let's go back to simple file. I've been a little bit mopey about it, what should I do? What should I do on Monday? Like, I know exactly what to do, right? It's like, I haven't been really trusting my own intuition here. I've been asking for permission or advice. And these are all good things. Advice is good. But why am I asking people for? Like, I want someone to say that's a good idea. Colleen, you should do that. No, I don't need it. It's my business. I get to do whatever the hell I want with it. So, you know, people like you shouldn't do this. You shouldn't. Um, I Okay. I appreciate everyone's advice, and I solicit it. But also, I think I you know, I just really, it's a very small product still, like, I'm just going to go with my gut. And I'm just going to do what I think is best. And I haven't really been doing that, because I have been so careful about overworking myself, I guess.

Michele Hansen  36:06  
And so I feel like that that I mean, that comes back to that like fear that we talked about, like waiting for somebody else. To say that your plan of action. Your idea is your decision. Good was a good one. Yes. subjective opinion, to massage your fear. That yes, it was totally and is that like, you know, uncertainty about the about the decision or all these other things? I don't know.

Colleen Schnettler  36:36  
Yeah, no, totally. I think for me, I'm really worried about making a decision that is going to be a waste of time. That's what it's about. Because my time feels so So, so limited. So I'm like, should I write this article? Is this article worth writing? Like, if it's gonna take me three hours to write it? Is that going to be worth it? Right, I just wrote the freakin article on the airplane home for Mexico. Oh, while I was stuck in DFW for 12 hours and then and then flew to a different city and then bus to my city that I actually live in the graveyard.

Michele Hansen  37:03  
Both took both of us 14 hours to get home yet I went across like, two continents. Oh my goodness. But also it was a bazillion times worth it to travel 14 hours to and from to be there.

Colleen Schnettler  37:18  
And I think something else. Speaking of founders comp, being amazing. The quality of everything was just so much better than your typical tech conference. Oh

Michele Hansen  37:26  
my god. Yeah,

Colleen Schnettler  37:27  
everything was better.

Michele Hansen  37:28  
The food was amazing. The venue like I loved how I mean, you were saying how like a lot of conferences, you're just in the hotel. And we were like, out and about in the city like everything all over the city. And it was such a cool city too. And I feel like we really got to experience like culture and and just in a way that yeah, you're you're not just like stuck in a hotel ballroom for three days.

Colleen Schnettler  37:51  
Like, okay, so this is not a dig because I love rails comp. But I remember it was the last rails comp I went to before COVID. They're like, Oh, it's in Minneapolis. Minneapolis is a great city, blah, blah, blah, literally, you stay in the hotel, and then you walk through the breezeway to the ballroom, you never go outside, ever. And point being like yeah, of course, you can go outside but, but all of the activities are like you you never leave it you don't ever have to leave the hotel. And so I loved how founders comp really made an effort to get local venues, support, you know, local businesses, and actually see Mexico City loved it.

Michele Hansen  38:29  
I I really, really hope they have it in Mexico City next year. Like dude,

Colleen Schnettler  38:33  
I hope we get to again get in because there's going to be freaking every one is going to want to go it's going to add the fight to the death and who gets to go. Geez.

Michele Hansen  38:45  
Well, I think I think that about wraps up our recap, though. I feel like we're gonna be talking about this. And like, Oh, yes. So many learning summit for a long time. Yeah, so many learning, and also having people come on the show who we met at founder Summit, and no, and no three founders Summit, too. Because there's also the the online community, which you should totally be in a mastermind group, by the way.

Colleen Schnettler  39:13  
Yeah, I'm thinking about that. Like, I, I think that's probably a valuable thing. I'll probably do that. And I

Michele Hansen  39:18  
think that would help with you're like, Should I do this? And then people are like, yeah, and you're like, Yeah, okay.

Colleen Schnettler  39:26  
I feel like a lot of this is just trusting your gut, which I'm usually pretty good at. But like, with the business since it's all new, like I just haven't really just been doing what I think is best. Like I said, I've been asking permission just to random people, which is kind of weird, because I don't want to make a huge misstep. But the truth is, all of these things, none of them are going to be huge missteps and they can all be changed if it's a bad decision. So so that's really this week. I've been crushing some life, but by work work, is what I mean by that. Like, I've just been like, I've been I've just been like really crushing it and it feels great. So

Michele Hansen  39:58  
it's awesome. Awesome well so next week I interviewed Matt wensing was super fun so then we will chat again in two weeks

Colleen Schnettler  40:12  
sounds great talk to you then

Creators & Guests

Host

Colleen Schnettler

Co-Founder of Refine, Founder of Simple File Upload

Host

Michele Hansen

Co-Founder of Geocodio & Author of Deploy Empathy

What is Software Social?

Two indie SaaS founders—one just getting off the ground, and one with an established profitable business—invite you to join their weekly chats.