5 ways I have wasted my time while building my company
Towards the end of 2015 I was doing a few interviews as part of promotion for Secret Sauce Conference, the conference series I run, and was asked a few times by press (and also occasionally after I give talks by attendees): “What would you do differently if you were to start over?” or “What’s the biggest mistake you’ve made?”
Because of hindsight bias and the negative impacts of regretting previous actions, I don’t really have many answers for these questions, “You can only join the dots looking back,” as Steve Jobs used to say.
Having said that, I appreciate the point of this question is to find helpful advice for others.
So here are five things I regret:
1. Traveling to real-life meetings.
Easily the biggest time-waster on this list. From day one of building Planet Ivy right through to fairly recently, weeks of a year have been wasted.
Even with validated leads (of people to sell to or to invest in you) the amount of time you put in vs reward is shockingly low.