EP39: Spencer Fry part 2

Spencer Fry built his first product when he was 19, and now’s building a new product called Uncover. It’s a big risk: it’s an HR product, which is a difficult vertical. Listen to hear how he plans to succeed. Sponsors This show wouldn’t be possible without these great sponsors. When you support them, you support the show! Sprint.ly has been there from the beginning. Perfect for software teams of 3 or more people, Sprint.ly is the easiest way for managers and developers to track the software development process. You and your team can try Sprint.ly for free, go to  www.sprint.ly. Use the code productpeopletv2013 to get 10% off! Notable quotes “Uncover gives employers the ability to give perks and rewards to their employees.” “Companies are too quick to iterate. You have to look at the broader picture. You have to set aside time for bigger wins.” “Take time away from the everyday grind, to try something big.” “When do you know when you should throw in the towel? That’s something I don’t like doing. It’s one of the reasons I choose to bootstrap. If your raise money you have to throw in the towel a lot sooner.” “One criticism of the HR space is that it’s difficult to sell products to that niche.” “Small companies get their best applicants through referrals and employees.” “Longterm, what we want to do is educate companies around employee happiness.” “Sales or die. Sales is important: the internet is saturated with startups. You have to go after customers.” “You live and die on your potential customer list.” Show notes Spencer Fry on Twitter Spencer Fry’s blog Pros and cons of iterative development Sales or die Uncover 🎙️ Podcast hosting is provided by Transistor.fm.📺 Learn how to start your own podcast!