Passion is recession proof.

Tonight I was standing outside the Synagogue holding my son, Marlon, who was conveniently unable to sit through Yom Kippur services.  I was reading this Techcrunch article which featured Ron Conway giving advice to his startups in these dire economic times (I’ve gotten very good at holding Marlon in one hand and my iPhone in the other).  Maybe it’s just the nature of the holiday but I began feeling very thankful for what I had in the non-iPhone hand.  I also started to think about applying some of the logic that Ron Conway described.

He gave a lot of advice about tightening up, focusing on monetization and making sure you had “enough” to last for a while.  I’ve been doing plenty of complaining about raising money lately and everyone has told me that it’s nearly impossible to do so in this market, particularly for consumer-focused internet companies that have an as-of-yet-determined business model.

Maybe we’ve all been focusing on the wrong thing?  Maybe our little burrito-funded startup is onto something?  12seconds came out of a group called “the geeks.”  It’s like a Santa Cruz social club that meets every once in a while to drink beers.  It’s the kind of group where you can talk about Twitter without having to explain it.  Beach had a cool idea and a bunch of us decided to build it.  Why not?

As an entrepreneur you face a lot of barriers.  First, there are a lot of people who will tell you that your idea kinda sucks.  Next, you will try to assemble some super team that can get it done.  After that, you’ll try to make it a legal entity and create a cap table that everyone agrees to.  Once everyone feels good about that you’ll try to build some of it and raise money.  Oh you’ll argue about using basecamp and google groups and you’ll reconsider your brand and naming, create email accounts, stickers and buttons.  You’ll talk about all the things you’re going to do “once you get funded.”  But then you don’t and everything stops.

12seconds has gone way farther than any non-funded startup I’ve ever been a part of.  We haven’t “succeeded” yet but we’re rockin’ 100K uniques in our second month and even though we’ll have a couple ups and downs our traffic is showing sustained growth.

By accident, we did something different with 12seconds.  We weren’t so much a company as we were a community.  We tapped into a larger pool of people who all had something to give.  Some gave a lot and others gave when they had time.  We built a community of contributors.  No one ever asked what the payoff would be.  Everyone expected some stock but most made it clear that the stock wasn’t why they were doing it.  They did it because they wanted to be a part of it.  It was passion.  The passion to build something they believed in.  To launch it.  To see it done.

You’re thinking that 12seconds is a bunch of hippie/surfers from Santa Cruz.  Believe me, every single person on our team would love to be wealthy.  But, I’m willing to wager (my zero dollars) that most successful entrepreneurs were more passionate about seeing their ideas come to life then the monetary rewards associated with their success. This isn’t to say that monetary rewards aren’t a close second

Here’s what I have to say in these difficult economic times…

There is no better time to create a community of friends who can come together and execute on your brilliant idea.  Don’t let the roadblocks of fundraising get in your way.  Remove the roadblock by allowing many people to share in your dream.  Don’t get hung up on share allocation or valuation.  Throw a wider net and get everyone who has something to contribute involved.

Why do you raise funds?  To pay people.  Every single person at 12seconds has another job or consults.  No one gets paid.  Yes, we’d all love to work on 12seconds full time.  Perhaps one day we will raise money and get paid.  But the lack of funding is not and will not be the barrier that stops us.

If you have an idea or a startup and need some encouragement then get in your car and come down Santa Cruz and hang out with us.  If you want to be involved in what we’re doing, great.  If you just want some help on your thing, we’re here for you.  But, whatever you do, don’t get too wrapped up in negativity.  Your idea is great before, during and after economic turmoil.

You can find me on 12seconds or email me anytime.

Don’t be discouraged.  Create community and succeed together.

Thanks to our whole Team12, Quiddities, StageTwo Consulting, United Layer, NextSpace and Gunderson Dettmer. Let’s keep kicking ass.

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21 responses to “Passion is recession proof.

  1. Last night I was watching the debate with some friends and one of them looked at me and said, “Have you heard of…what’s it called…12seconds?” My face lit up, “Yeah, I helped build it.”

    There is a sense of pride you get when you work with friends on something cool. Some blood is shed, feathers are ruffled and then unruffled. And after some time, you have a “thing” and a bond with the people you worked with. I don’t even know that I’d call the time spent on 12s “work” for fear that it might be interpreted as not fun or forced labor. We were at work, but the work on 12s was cool and challenging. And I didn’t do the hard stuff.

    It’s damn fun to surround yourself with geeks and build something cool.

  2. Inspiring and awesome.

    I’m psyched to come hang out in Santa Cruz the next time I can–

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  4. This was the best thing to read as I rise from my tech coffin =P

  5. Inspiring.
    You guys rock. I really love the concept and execution. All the very best.

  6. Sol,

    YOUR passion is recession proof. You are a beacon of energy, patience and all that is good and great about rolling up your sleeves and simply making it happen.

  7. Nice one Sol. I’ll have to request an invite and investigate this here 12 second thing more furtherly.

  8. This is a great example of how America can get it done. Great work, guys!

  9. now *this* is the 12seconds i’m talkin’ about!

    way to go, sol; i think you’re on the right path :D !

  10. community is key.. you passion and interconnectedness is the model to survive this.

  11. Thank you for this Sol and the rest of the gang at 12seconds. It’s nice to have this positivity in such hard times. You guys have that great connection with your community and it is going to get you far.

    Thanks for the words, thanks for 12seconds. :)

  12. I saw the same article. We are trying to develop a new social media application here and finance is hard to find. I agree that the passion is what delivers. If you are creating a community of like-minded users then the passion is what people buy into. 12seconds is a great example of this. It creates a feeling of sharing that encompasses the sublime to the ridiculous. If 12seconds was more corporate a lot of people would feel that the sharing balance would be too far in favour of the money men which might stifle the creativity that is out there. Realistically though we all have to make a living somehow, so hopefully you will start earning some revenue through your endeavours. Pity it’s such a long way to Santa Cruz

    Keep up the good work. Julianlstar

  13. hey sol – we are in the exact same position in the UK – feels kinda edgy huh – as you say in santa cruz -*let’s keep kicking ass*.
    loula

  14. Hey Sol,

    Couldn’t agree with you more, man. The collaboration that comes out of community is way more integral to success than monetization…it’s a part of it, sure, but it’s only a small part of it. What you’ve pulled off in regards to community really shows. I’m happy to be involved in any way.

    mario

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  16. Great post!

  17. Sol,

    Where there’s passion and commitment, there’s also inspiration and motivation. Best wishes to you and your team and may the wind always be at your back.

    Ray

  18. Very well stated, Sol. I keep stressing to my own team how imperative it is to build and foster community. It is the bedrock on which social media succeeds.

    Sorry we weren’t able to chat more Friday night. But I chatted plenty with Jacob, Ryan, and Kevin. Everyone spoke highly about this post. Now I know why.

    Way to rally the troops. Keep on kicking ass!

    ~Mike

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  20. This is great, very encouraging. Off topic, How did you drive so much traffic to your site in only two months? That’s wonderful!

  21. I agree, most people just put in their 9-5. People who are passionate about what they do will survive when the times get bad.

    Recession 2009

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