How much time do you spend reviewing progress updates?
Shared by manojranaweera · 75d ago · 14 comments

I've decided to cap this to 1 hour. It took me 1 hour today to just do 10 and whilst I used to do 20, I just can't dedicate 2 hours on a Monday.

One option though is to expedite and not spend so much time reviewing interesting projects or go into details on user acquisition strategies, etc.

lorenwinzeler · 75d ago

First, admire the brilliance of the Pioneer tea, for getting the community to vote and filter the top company updates in a bracket.

I was surprised at the time it takes to read and attempt to provide useful feedback. I try to imagine that I'm managing my own investments or considering companies for angel investment. Positive but critical. I spent 2 to 2 1/2 hours with multiple interruptions.

I hate the laundry lists, task lists from week to week. it's hard to know what to think about them. Updates should tell a story in words and numbers. I wish the text fields for updates and feedback was slightly longer to permit a little more text and story telling. people are already hacking this to insert links to videos or screenshots!

manojranaweera · 75d ago

I was part of nreduce many years ago. We used to do video updates weekly.

samvanderjagt · 74d ago

I spend around two hours - while it can sometimes be a drag, I honestly find it fun to do and see all the various other projects people are working on. I'm always imagining being an investor and thinking which of these companies I would want to invest in and why. With the right approach it's a good learning opportunity. Learn from what others do well / don't do well to improve your own project and it suddenly becomes worth taking the time for.

manojranaweera · 74d ago

Solid attitude to have Sam. All the best with https://www.yourhometozero.com/. What stage are you at?

These are two Techcelerate Member companies in PropTech https://www.dadshed.co.uk/ and https://www.gogetmeit.com/

jeremyravenel · 75d ago

30/40 min, I focus on questions to the community and KPI updates.

manojranaweera · 75d ago

Thanks. I do as well, but get distracted. Maybe I should type my responses faster without visiting the websites.

AndyDent-Touchgram · 73d ago

I generally give myself 2hrs at 2pm my time, so there's a hard upper limit. I found if I tried starting earlier I was just spending way too much time on it, can justify 2hrs a week.

As I've mentioned a few times, I clip every single status update that I review, into Evernote. I save the comments I make and any further engagement the founder replies with, from Frontier. That makes it very quick to compare how people are actually progressing - I can often see a few earlier status posts I've reviewed. I don't have to remember anything about them.

manojranaweera · 73d ago

You are an Ace in my book Andy. Keep it up, mate. All the best with Touchgram.

kwakutabiri · 74d ago

Takes me 1 - 2 hours every Monday.
Always a bit of a grind, i try to understand the business and give advice.
It's not always easy.
Especially hard when the "ask" isn't attached.

manojranaweera · 74d ago

Yeap. For me, ASK is the No 1 and Metrics the No 2 focus.

WatanabeNaoki · 75d ago

It took me 2h for 20 companies as well.

kinder · 71d ago

At least one hour to review and give feedback to 5 votes ( both A and B).

JayLewis · 73d ago

I love reviewing.

kendsouza · 74d ago

Time is not relevant for me. And it is never a start to finish task. I might start at 1 in the afternoon and by the time the last one is done it might be 10pm. Not that it is a 10 hour task. I continue doing what I was doing earlier and whenever I need a break, I will take a look at the projects. Some ideas or tech is interesting. So I will google the idea/tech to learn more about it. The easy ones are those with sparse details or the ones I had reviewed before. If they have nothing to ask, that is fine too..maybe there is nothing to ask. I do not make it a criteria to review the project. Honesty about the project is more important than the exaggeration/hustling. If you are sick..you are sick.

The phony projects are easy to spot :).
Some times I feel the Pioneer team throws in some of those projects to see how you are judging them.

But at the end of the day, it is always a productive Monday..cause I have learnt something new by doing the reviews.