1) Thank you for your time and congratulations on launching FIRE Stories. Tell us a little about it.
Thank you! FIRE Stories (firestories.co
) is a new project aimed at sharing the stories of people who’ve retired early or are well on their way.
Rather than focus on the tactical aspects of spending and investing, FIRE Stories is intended to be a single resource to read more about those who’ve retired early.
2) Where did you get the idea for this business?
This came from solving my own problem.
I had been following the FIRE Community for quite some time. While I find the more tactical advice very helpful, what I really enjoyed were the stories of those who’ve really embraced the concept of FIRE.
What are their mindsets, backgrounds, lifestyles, and philosophies? What were the challenges along the way? And how can I read these in one place?
However, it was time-consuming to find these people and quickly learn their stories and most of all, answer the questions I had for them.
So FIRE Stories has been born =)
3) Have you always been entrepreneurial?
Though I’ve been interested in my own side projects, I’ve been primarily focused on my career and other interests.
I currently work at Sumo.com. I help entrepreneurs and small business owners grow their their businesses. I really enjoyed the work and the team. I love our customers. Also, Sumo is a very fast moving company. So sometimes it feels entrepreneurial to even be here. We move fast.
4) What are some of the habits that have helped you become successful?
Frankly, any success I’ve had is not financial. firestories.co
isn’t making any money. The ‘success’ I’ve had thus far is launching a project that (I think) creates great content and I’m excited to work on.
Here are some thing that have helped me:
1. Set milestones – Say, at the end of month you want to do X. Create three blog posts, get feedback on a project, get 1 sale, etc. Set your milestones and be very bullish on hitting these. Make sure they move you forward.
Then carve out the time & habit you need to hit these milestone. My first thought was to tell you to ‘ship something everyday’, but I think that’s wrong. It’s wrong because some days you’ll want to work 12 hours on a new thing. Other days you are sick and tired of it. So work when you have the energy. Rest when you don’t.
But with milestones, you know if you finish X, you’ll be moving forward. Then debrief on those milestones and how you can improve for next time. You’ll work smarter this way.
2. Generate Ideas – Keep thinking of new ideas. Make it a habit. Force yourself to do this every morning. Over time, you’ll begin to spot ideas more easily. It will be second nature. I think that’s why folks who start things tend to start multiple things. It takes time to get into this habit. But once you do, you’ll be spotting new ideas in things you see, what people say, etc.
3. Share! – Create, ship, and share often. If you are not sharing your thing, then nothing is happening. You are tinkering. It’s a hobby. Sharing gets you into the habit of creating new things, not being afraid of feedback and judgment, and will give you much faster feedback on the quality of your ideas and projects.
The business owners we work with at Sumo have given themselves permission to create. Over time, as you create, you will get through your fear by sharing more and more.
5) What advice do you have for beginning entrepreneurs?
I work with business owners everyday. They aren’t special unicorns. Here’s the biggest thing. And I hope your readers take this advice to heart.
If you’ve really not launched anything, started new projects, gotten that freelance gig – if your projects are at 0 – then your problem is shipping. Your problem is paralysis.
You need to get momentum. You need to practice creating and engaging with potential customers. I wrote a post on this here
. I’ve made this mistake as well.
A great book is 7 Day Startup,
by Dan Norris. Read this book. Then no more books. It’s great, because you get 7 days to create your idea, build the MVP, and ship it.
You need to take the fear out of engaging with people. Here’s a great way to start:
1. Answer quora questions
2. Join forums and niche communities and answer questions, like indiehackers.com
3. Write a blog post. Practicing creating content. Try youtube, medium, etc.
You’ll find it’s not scary. People want to hear from you. Once you get over this hurdle, you need to start _selling_ your thing. Find your product and validate it as quickly as possible. Sell your shirt to 3 friends. Try to get 10 users through FB ads. I don’t know what tactic will work for you – just remember to go as barebones and simple as possible to validate your idea.
Regarding ideas: A challenge I had is ‘where do I get my idea!?’ Well, as I said above, keep thinking of ideas. Find products and businesses you like and figure out why they are working. Is there a way to improve it? Is there a different angle you can approach it that differentiates it from others?
– I noticed lots of niche interviewing sites. I read lots of FIRE content. I couldn’t find interviews. So I took the niche concept and applied it to this area.
6) Anything else you’d like to share with our readers?
Yes, my biggest epiphany is this: If it’s really easy, it’s likely not worth it. What is hard is rewarding – both in your personal growth and financially. The obstacles you face are the purpose. It should be hard – otherwise why is it worth even doing!?
On the other hand – have fun. Work hard. Welcome the challenges and push through them. But overall, enjoy what you’re doing and have fun. That’s the real value for entrepreneurship for me – you get to pick your job!
So if your project isn’t fun. If you’re say, writing lots of code, and you find you don’t like code, then change it. If you’re not sure what you like, set milestones for projects to help you figure that out.
To summarize – don’t quit when it gets tough. But don’t be miserable either. Enjoy the journey.
7) Where can we learn more about FIRE Stories?
Head over to firestories.co
! I try to get 2 new interviews per week. Also, send me a direct message on twitter
. I’d love to hear your feedback on the site, answer other questions, and see what you’re building!
Click these links to see our other posts in the entrepreneur interview series:
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Stay tuned for our next interview in the entrepreneur series!