Promises are the worst thing you can do as a company | 55sec snip from Lenny's Podcast: Product | Growth

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Jason Fried challenges your thinking on fundraising, goals, growth, and more

Lenny's Podcast: Product | Growth | Career

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Promises are the worst thing you can do as a company

Transitioning to a new way of working requires careful consideration. It is common to compare the new approach to the old one, even though they may not be directly comparable. It is essential to be mindful of the momentum from the old method versus the potential benefits of the new one. Embracing change involves navigating through a period of adjustment after a sprint or intense work cycle, recognizing both the exhaustion and the sense of accomplishment that follows.

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Jason Fried is the co-founder and CEO of 37signals, the maker of Basecamp and HEY. 37signals is a very different kind of company. With fewer than 80 employees, they have over 100,000 customers, generate tens of millions of dollars in profit each year, and have no investors, board, or any plans to ever raise money or sell the company. In our conversation, we explore a path many tech founders never consider—bootstrapping. We discuss:

• Why he and his team prioritize profit above all else

• The unexpected challenges with raising venture capital

• The “Shape Up” framework for building products

• Why, and how, to foster a gut-driven culture

• Jason’s thoughts on why work should not feel like war

• Advice for starting a bootstrapped business

• The philosophy behind Once, 37signals’s new line of software products

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Find the full transcript at: https://www.lennysnewsletter.com/p/jason-fried-challenges-your-thinking

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Where to find Jason Fried:

• X: https://twitter.com/jasonfried

• LinkedIn: https://www.linkedin.com/in/jason-fried/

• Email: jason@hey.com

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Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• X: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/