How much time do you spend reviewing progress updates?
Shared by
manojranaweera
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75d ago
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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.
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!
I was part of nreduce many years ago. We used to do video updates weekly.
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.
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/
30/40 min, I focus on questions to the community and KPI updates.
Thanks. I do as well, but get distracted. Maybe I should type my responses faster without visiting the websites.
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.
You are an Ace in my book Andy. Keep it up, mate. All the best with Touchgram.
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.
Yeap. For me, ASK is the No 1 and Metrics the No 2 focus.
It took me 2h for 20 companies as well.
At least one hour to review and give feedback to 5 votes ( both A and B).
I love reviewing.
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.