Reading List
The most recent articles from a list of feeds I subscribe to.
The Goal by Eliyahu M. Goldratt
The Goal is an attempt to reevaluate business management from first principles. The book explains Goldratt’s Theory of Constraints, which states that in any business, the sole determinant of output is the bottleneck resource. To grow, a business has to identify its bottlenecks and reorganize business processes to address them. It sounds simple and perhaps obvious, but the lessons helped me to think about my own business.
TinyPilot: Month 11
Highlights
- Despite $30k in monthly revenue, TinyPilot barely covers costs.
- I’m exploring options to get big companies to pay more for TinyPilot.
- I need to come to terms with the fact that managing people is a real job.
Goal grades
At the start of each month, I declare what I’d like to accomplish. Here’s how I did against those goals:
Increase TinyPilot’s revenue to $33k
- Result: Increased TinyPilot’s revenue to $39k
- Grade: A
TinyPilot had a huge spike in sales following a big review from ServeTheHome, one of the top blogs / YouTube channels for IT hardware.
May 2021: Income Report & Retrospective
TinyPilot: Month 10
Highlights
- TinyPilot has its first official office space.
- I tried a marketing experiment that flopped.
- Designing IT infrastructure for a new office is fun.
Goal grades
At the start of each month, I declare what I’d like to accomplish. Here’s how I did against those goals:
Increase TinyPilot revenue to $30k
- Result: Increased revenue by 46% to $29k
- Grade: A-
I didn’t quite hit my $30k goal, but I came close. It’s a relief to end the downward sales trend that began in February.