Hackers Incorporated

Ben Orenstein and Adam Wathan

Ben Orenstein and Adam Wathan on surviving the transition from dev to founder. read less
TechnologyTechnology

Episodes

Minimalist management with David Heinemeier Hansson
Jun 9 2023
Minimalist management with David Heinemeier Hansson
After over 20 years in business and despite being responsible for a larger-than-ever team, David still finds plenty of time to get his hands in the code and build new products himself. We run significantly younger companies and significantly smaller teams and even we can't seem to find the space to do that, so we talked to DHH about how he makes it possible.Discuss this episode on Twitter →Timestamps(00:00) - “Why the fuck did I do this?” (06:20) - What is minimalist management? (10:56) - Should you need to be a trained life coach to be allowed to hire people? (16:12) - Using systems to provide career progression guidance (18:50) - What do David’s days usually look like? (27:13) - What are David’s responsibilities at Basecamp, and what are people counting on him for day-to-day? (29:38) - How David and Jason use their Shape Up framework to give people more responsibility at Basecamp (36:30) - Getting comfortable with being uncomfortable when giving people more responsibility (45:54) - Letting people go when they can't live up to the responsibility (47:14) - What systems do the 37signals team rely on that that haven't already been talked about publicly? (50:04) - Letting people make decisions you may have to correct and being comfortable correcting them (55:03) - Radical candor and redirecting feedback (01:00:55) - How to say no to opportunities and being willing to take risks (01:11:22) - Learning to stop worrying when you finally do succeedLinksAdamBenDavid
Lifetime pricing is underrated
Apr 21 2023
Lifetime pricing is underrated
Last summer, Tailwind UI moved from selling individual content packages and upsells to a one-time purchase, lifetime access pricing model. Since then, the business has doubled. Having seen this in action, Adam recently convinced his friends Sam and Ryan to try lifetime pricing for their product Build UI, and the results are starting to come in. In this episode, Adam and Ben dive deep into the world of lifetime pricing, why it's not something to be afraid of, and how it can be an absolute game-changer for the right type of business.Discuss this episode on Twitter →Timestamps(00:00) - Intro (00:14) - Why are we talking about this? (03:28) - Moving from package pricing to lifetime all-access pricing for Tailwind UI (06:03) - What about when you run out of new customers? (10:17) - "Everything You've Learned at MicroConf is Wrong" by Chad DeShon (13:33) - The myth of starting from zero every month (16:04) - Would Tailwind UI work as a subscription model? (18:09) - Characteristics of a lifetime-suitable product (20:50) - Subscription LTV vs. lifetime pricing (22:47) - Subscription friction and the death of the impulse purchase (25:42) - The brutality of churn in content businesses (27:21) - Why your lifetime price can actually be higher than your subscription LTV (29:01) - Ben's experience running Upcase at thoughtbot (32:42) - The hidden costs of the content treadmill (36:20) - Hitting a subscription plateau with Upcase (38:34) - Cookie Clicker game — how to make perceived value go up over time (42:31) - Why aspirational, impulsive purchases are more likely with lifetime deals (45:22) - Pricing decisions aren't forever (49:13) - Turning Build UI from a grind into an instant success by flipping the switch on pricing (54:17) - Using lifetime pricing to buy yourself flexibility and time to focusLinksAdam on TwitterBen on TwitterTailwind UI all-accessEverything You've Learned at MicroConf is Wrong, Chad DeShon's lighting talk at MicroConf Growth 2018Build UI, Sam and Ryan's new UI training site that recently switched to lifetime pricing