Jun 18

This is my interpretation of this  Original Post. I am interpreting it and writing it again so that it makes a mark in my mind.

1. Why is it important to do a thing really, really well?

By focusing all your resources at one task, you will be able to do it much better than anyone pursuing the task partially. You will find ways to automate processes, to get done more. You will be able to deliver more value.

Also doing one thing really, really well will establish you as the leader. Who doesn’t want to be associated with a leader?

2. Why the really, really ?

It stresses on being the number one in that “thing”. People always recognize the number one. For example very few people remember who came second in the last soccer world cup. People always remember who won it. The winner gets 95% of media coverage rather than getting 50%. Thus being a topper in what ever you do is really important. Coming second should not be an option. That’s why do a thing really, really well.

3. What mistake do people make while adopting this philosophy?

The first task here is to find out what is the “one thing” which you do really, really well. If you can answer this question, then doing “that thing” would be the path to follow. However people often try doing things they are not good at. This doesn’t make sense. Ask yourself, “What am I good at?”. “What is that one thing, I can do really, really well?”. Don’t dive into something that seems do-able or hot.

Jan 9

Many a times I have been asked by my friends, “How do you come up with a business idea?”. My instant reply is “Look around. Find a problem thats hurting people. If you can find a way to solve that problem, you have got your business idea.”

Today I want to glorify the above statement with an example in the content of rails development community.

Consider this report The State of the Stack: A Ruby on Rails Benchmarking Report – 10 June 2009 which lists the most commonly used versions of Ruby, Rails, and plugins in actual 1800 production applications. Go to the plugins portion of the report. The image showing the usability of  plugins is as follows:

Rails Plugin usage - june 2009

Now consider the same report but the January 2010 version. The image below shows the the plugin usage in about 3000 rails apps.

Do you see a major difference at the top. The top used plugin in January 2010 doesn’t even exist in June 2009. And what does hoptoad do. In principle it does the same work as exception notification(the top plugin of June 2009) but in a much better way. The problem with exception notification was that you had to manage all your exceptions via email. This means you weren’t able to do the following things:

  • Club exceptions and record the counts.
  • Keep a record of which exceptions have been resolved and which are unresolved.

Hoptoad made it easy to manage your exceptions and in 6 months its one of the most used rails plugins. And mind you its not totally free. Its based on the freemium business model. If you have a decent sized app then the free model wont suit you. (from personal experience). Thus hoptoad solves a critical problem in a better way than existing methods and also earns a handsome revenue. Kudos to the hoptoad team!!

Report Source: http://railslab.newrelic.com/