Phil Morle 🖖🏻
Partner at Main Sequence - VC purpose-built to create global companies from scientific ideas with the inventors who imagine them. https://philmorle.substack.com
2y ago

Recently I introduced a startup to a potential investor and they followed up in 4 minutes.

How a startup works with time is a clear indicator of their culture and can be an indicator of their future success.

Why time matters

Time is everything in a startup. The resources that we have fuel a timeline. When the resources run out, the timeline ends. The job is to extend the timeline before the hour glass runs out.

Time between actions is waste. If it takes 3 weeks to answer an email, then that is 3 weeks that has been added to the timeline with no value delivered in between.

When it is possible to feel the cadence of a company in their actions, it can pull the other party into the same rhythm. The march towards the next action is more likely.

Do you have a metronome that people outside can hear?

  • When other people interact with you, can they hear your click of time?

  • When you send out updates, do they land on schedule at the same time each week? Can others feel how much you are getting done in each cycle?

  • When you agree next actions, is the timing clear?

Do you habitually compress cycles?

  • How can I automate this?

  • Who could do this for me?

  • Did I just manually create something I have created many times before?

  • Are unnecessary activities cluttering my timeline and blocking the flow?

This is one way that I measure myself

When a common activity takes too long, I know my systems have broken. My clock is broken.

It is time to reflect, consider my schedule, remove clutter and automate.

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