Fire and Motion VII: Growth This is a personal e-mail newsletter from Andrew Montalenti, co-founder & CTO of Parse.ly. You can read the last newslett

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Fire and Motion VII: Growth

This is a personal e-mail newsletter from Andrew Montalenti, co-founder & CTO of Parse.ly. You can read the last newsletter online here.

Modern society seems obsessed with the notion of growth. When our economy is not growing, it is said to be "stagnant". When businesses cease growing, public investors run away. And even in my industry -- digital media & analytics -- the focus is usually on finding charts that go "up and to the right".

The theme of today's Fire and Motion: the many faces of growth.

Why Startups Live: Killers and Maniacs

startup maniacs

In October 2012, TheNextWeb published a piece I wrote, "Why Startups Die". In it, I described a variety of startup death "post-mortems" and offered one piece of advice for survival: persistence.

Since its publication, many people have asked me, "OK, this may be a good explanation of why startups die -- but how about some positive instruction of how they survive & even thrive?"

Today, TheNextWeb published the follow-up to that piece, "Why Startups Live". In it, I share a team worldview that I see present in most successful startups. Yes, they need a a tight-knit culture and a ferocious focus on innovation. But they also need an ability to say "no".

To make sure you don’t grow in the wrong direction, you have to stop thinking your ideas are important.

Startups that live are startups that manage growth correctly. They do this by "killing" ideas unceremoniously, hiring "maniacs", and "partying" with their customers (rather than the competition). What do you think?

Read "Why Startups Live"...

A Sprint, or a Marathon?

marathon

In How We Hit $912M in Sales, Jack Dangermond, the co-founder of mapping software maker Esri (creators of ArcGIS), talks about bootstrapping his company over the course of 40 years, creating an organization with nearly $1B in annual sales (and no outside investors or debt). This is the "marathon" approach to growth.

The New York Times recently wrote about two rival business intelligence startups, RJ Metrics and GoodData, with two alternative growth and financing strategies. Startup guru Steve Blank also offered a helpful Q&A as a follow-up to the article. In a way, both of these companies are sprinting toward growth, though each has a different source for their energy (GoodData = VC dollars, RJMetrics = customer dollars).

Paul Graham has perhaps the ultimate "sprint" mentality for startups. He put it straightforwardly: "Startup = Growth". Graham says "you can use growth like a compass to make almost every decision you face." He thinks that businesses that obsess over growth have a different DNA (thus a different trajectory) than the ones that simply manage for it, "in the same way a redwood seedling has a different destiny from a bean sprout."

Growing up

Growth can be scary, but it can also be a lot of fun. It's still fun for me to reflect on how a few years ago, Parse.ly was just 3 dudes hacking away in a weird office with a touch of code and a small idea around online "news metrics". Now, it's a team of ~15 with a product used by over 50 customers, and lots of growth ahead of us.

Let's keep moving forward -- not too quickly, but certainly, with haste,

Andrew Montalenti
http://parse.ly
http://pixelmonkey.org
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Photo credits: Man Driving | Man Running

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