My two business partners and I have been running our startup for about 14 months, we're ramen profitable, we have a small user base and we're growing steadily. (We've posted to YC a few times before, you can check out our website at www.skritter.com.) By all accounts things are looking very good for us, but we have a somewhat persistant problem that is hurting morale: simply put, I feel underutilized and we all three decided we should ask YC what other startups do about this situation.
To give you a little background, Nick, Scott and I were all three best friends in college. Nick and Scott were CS majors (among other majors) and I was an economics major. When we first started the business we all three decided together that we didn't want to seek venture capital or anything big, we wanted to raise as little money as possible, get to market, and then live (or die) off of the profit. We raised two rounds of philanthropic funding, one for $30k and one for $25k, it was literally free money.
After that the problems started. We didn't yet have any revenue and our service wasn't going to have high margins, so a lot of traditional marketing just wasn't going to have positive ROI (I know, I ran a LOT of numbers). I focused on doing some menial labor, and I also did a lot of design work, but even that wasn't a lot of work. At the same time I was having trouble feeling productive at 40 hours a week, Nick and Scott were working 60 hour weeks consistently and were still behind. To their credit, they were extraordinarily graceful about the problem, always downplaying the inequality in work, trying to find me new productive tasks and the like.
So here's my question: do other small startups have this problem? And if so, what have you done to mitigate the workload inequality and give the businesser meaningful stuff to work on? Put another way, if you're a three person startup or you have a full time business person or designer, how do they spend their time?
1. Writing the copy for the website. Mainly keeping the support documents up-to-date.
2. Doing all the business related tasks.
3. Doing all the customer service.
4. Handling all incoming e-mail.
5. Doing all of the social networking stuff (facebook, twitter).
6. Doing all of our marketing. Handling Google AdWords, banner advertising, text advertising, etc.
7. Dealing exclusively with our accountant.
8. Tracking all of our expenses, etc., into Excel and getting everything ready for accountant (see 7).
9. Handling all legal work with our lawyer.
10. Doing all of our networking. I'm the guy that goes to all of our relevant events.
11. We all come up with ideas for product development.
12. Blogging. I do all the blogging.
13. Handling payroll. I do that.
14. Dealing with the bank accounts. I deal directly with the small business rep at our bank.
15. Market research. I find out as much as I can about our competitors, what they do, etc. I also learn about our market as a whole.
16. Handling all incoming advertising requests, setting up their campaigns, etc.
17. Dealing directly with all our merchants (credit cards + PayPal). Dealing with the very few chargebacks we receive.
18. Paying all of our bills (server expenses, software licenses, domains, advertising, etc.) and monitoring our cash flow.
19. Pitching. I handle all of that.
20. Anything that requires a phone call. Incoming or outgoing.
...and many other tasks as they crop up. For example, I'm the point person on setting up our new office.
My job is a lot more "flexible" so I can deal with things as they arise and take the lead. Whereas my partners (one is a designer and one is a coder) usually have to stay on task so they're not distracted. For example, we're setting up a new office as I mentioned above and it's just not feasible for either to spend time dealing with that in the middle of production. I, however, can do that.