Looking back at 2023 and forward to 2024
This is our yearly recap episode!
Personal updates from 2023
Personal updates from 2023
- Tyler
- Goals from last year
- ๐ Take more vacation and make up with with extra work off-hours work
- ๐ Renovate the house
- Other updates
- Found a band I like: Caligula's Horse
- First time as an adult I feel good about my exercise routine
- Goals from last year
- Rick
- Goals from last year
- โ Get weight below 200lbs
- โ Write a newsletter most Sundays (27 total)
- Other updates
- Built a new house and moved in
- Had another baby (daughter)
- Goals from last year
Personal goals for 2024
- Tyler
- Maintain exercise routine: 9k steps/day + 2 rucks/week + 200 pushups/week
- Finish house remodel
- Rick
- Rebuild daily exercise and writing habit
- Be more present with family when Iโm with them
- Regular dates with Sable (2 per month minimum)
- 4 vacations, with at least the next one scheduled at all times to look forward to
Professional updates from 2023
- Themes of the podcast
- You can't optimize nothing (mostly applies to Rick)
- Back to the basics (mostly applies to Tyler)
- Tyler
- Goals from last year
- โ Get back to decent growth: $36k ARR/ $3k MRR per month
- โ Sense of urgency on the dev team. No more 2-week projects that end up taking six months.
- ๐ End the year with three major product wins
- Other updates
- Announced the price increase for legacy customers
- ~3 new devs sort of. Dev team is feeling way better than ever before.
- Improved money management
- Coded a lot
- Joined LegUp Health as a side project
- Goals from last year
- Rick
- Goals from last year
- โ Retain JD full-time for another year
- ๐ Double the client base again (~200 clients) - 160 clients
- โ Build V1 of LegUp Benefits and generate $1K per month in MRR from it (3-4 customers)
- Other updates
- Tyler joined LegUp Health as a partner
- Expanded services to group health insurance, and started figuring that out
- Made it to $100K annual revenue run rate + profitability in December
- Goals from last year
Professional goals for 2024
- Tyler
- Don't worry about growth unless something unexpected happens
- Focus on customer delight: If you ask a typical customer whether LACRM improved in 2024, their answer should be "hell yeah"
- Maintain stability related to the team, culture, etc.
- Protect coding time. Should be averaging >1 full day of coding per week
- Rick
- Get LegUp Health to $200K ARR
- Apply Profit First Framework / Pay partner distributions, even if small
- Get JD to his target compensation
- Prioritize better at Windfall / leverage over optimization
Biggest worry
- Tyler: Our execution on the product side won't be enough to close the gap with competitors
- Rick: I wonโt figure out how to prioritize and manage my personal health as I build a family
What we want to learn
- Tyler: How to code like it's 2024. Should be able to do everything the other LACRM devs can do with no blind spots
- Rick: Nothing specific. 2024 is about execution
