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Reading List By @davecto

Founder Reads

Nine things I'd hand anyone building a company alone. Six essays, a guide, a talk and a book, each with the one idea worth taking from it.

How This Works

One email unlocks the whole list, and every other guide on the site. Every link goes to the original, which is free to read.

09
Pieces On The List
03
By Paul Graham
$0
Every One Is Free
The List

All Nine, At A Glance

Roughly in the order I'd read them. Click a row for my notes, or go straight to the original.

01Do Things That Don't ScaleRecruit users by hand and delight each one. Growth won't just happen.Essay · Paul GrahamOriginal ↗
02The User ManualA founder coach's guide to pressure, fear, burnout and your own head.Guide · Amy BuechlerOriginal ↗
03Product-Market Fit Isn't EnoughMarket, product, channel and model all have to fit each other.Article · Brian BalfourOriginal ↗
04How To Keep Your UsersCohort retention: you want a curve that flattens, not one that hits zero.Video · Y CombinatorOriginal ↗
05The 4 Types Of DefensibilityBrand, scale, embedding and network effects. Only one is near unbeatable.Essay · NFXOriginal ↗
06Default Alive Or Default Dead?At today's burn and growth, do you hit profit before the cash runs out?Essay · Paul GrahamOriginal ↗
07Startup = GrowthHit one growth number every week. 5% a week is 12.6x a year.Essay · Paul GrahamOriginal ↗
08The Product Death CycleBuilding what users ask for won't save a product nobody uses.Concept · David J. BlandSearch ↗
09The Mom TestAsk about their past, not your idea. Compliments aren't data.Book · Rob FitzpatrickOriginal ↗
Reel card for No.01, Do Things That Don't Scale by Paul Graham.
Card 01 / 09paulgraham.com
01 · Essay

Do Things That Don't Scale

▶ Paul Graham · Jul 2013

Startups don't take off on their own. Graham's case is that you go and get your first users, one at a time, and then look after each of them so well they tell other people. Recruiting by hand, over-serving early users and starting with a market small enough to win are all things that won't scale. That's the point.

10%
The Headline Number

Weekly growth from recruiting by hand. Start with 100 users, add 10% a week, and a year later you have 14,000.

14,000

Users after a year at 10% a week, starting from 100.

2M

Users after two years at the same rate.

$10M

Pebble's Kickstarter, after the founders hand-assembled the first watches.

Key Ideas
  • Recruit by hand. Airbnb's founders went door to door in New York. Stripe set new users up on the spot, on their own laptops.
  • Delight, don't just serve. Your first users should feel that signing up was one of the best choices they ever made.
  • Start narrow. Facebook began with one college. A small market you can saturate beats a big one you barely touch.
  • Do the work yourself. The manual version teaches you what's worth automating later.
Try This Week

Personally recruit five users, and fix the first thing each of them complains about.

Pull.Quote✣
“Actually startups take off because the founders make them take off.”
Paul Graham
Source.InfoWEB
Author
Paul Graham
Published
Jul 2013
Format
Essay
Where
paulgraham.com
Reel card for No.02, The User Manual by Amy Buechler.
Card 02 / 09scaleyourself.com
02 · Guide

The User Manual

▶ Amy Buechler · Scale Yourself

Amy Buechler is a licensed psychotherapist and was YC's first in-house founder coach. The User Manual is her guide to the inside of a founder's head: the pressure, anxiety and self-doubt that come with the job, and practical ways to work with them instead of being run by them. When you build alone there's no cofounder to notice you're off, so read this before you need it.

What It Covers
  • Reactivity. Catching yourself reacting when you meant to choose.
  • Burnout. Seeing it early, before it starts making your decisions.
  • Fear of losing momentum. The pressure to keep moving, and what it costs.
  • Building trust. With yourself first, then with the people around you.
Try This Week

Start with the chapter that made you wince when you read that list.

Pull.Quote✣
“You are the most important creation of your startup.”
Amy Buechler
Source.InfoWEB
Author
Amy Buechler
Format
Online Guide
Where
scaleyourself.com
Reel card for No.03, Product-Market Fit Isn't Enough, on Brian Balfour's Four Fits.
Card 03 / 09gtmfoundations.substack.com
03 · Article

Product-Market Fit Isn't Enough

▶ Brian Balfour's Four Fits · by Garrett Jestice · Apr 2025

Garrett Jestice breaks down Brian Balfour's Four Fits framework. Product-market fit is only the first of four fits that have to line up before growth compounds: the market has to fit the product, the product has to fit a channel, the channel has to fit your business model, and the model has to fit the market. Miss one and growth stalls, however much people like what you built.

4
The Headline Number

Fits that all have to line up. Product-market fit is just the first of them.

The Four Fits
  • Market–Product. A defined group of people has the problem, and your product solves it.
  • Product–Channel. The product suits the channel people will find it through.
  • Channel–Model. What a customer costs to win in that channel works with what you charge.
  • Model–Market. Your pricing and model suit how big the market is and how it buys.
Try This Week

Write one sentence for each fit. The one you can't write is your bottleneck.

Pull.Quote✣
“Product-market fit is just the first checkpoint.”
Garrett Jestice
Source.InfoWEB
Author
Garrett Jestice
Framework
Brian Balfour
Published
Apr 8, 2025
Where
GTM Foundations
Reel card for No.04, How To Keep Your Users, a YC Startup School talk by David Lieb.
Card 04 / 09youtube.com
04 · Video

How To Keep Your Users

▶ David Lieb · YC Startup School

YC Group Partner David Lieb on cohort retention: the share of new users who keep coming back. It's the clearest early answer to YC's question of whether you made something people want. He covers how to define cohorts, which action counts as active, what a good curve looks like, the ways founders fool themselves, and how to improve the curve once you can see it.

Key Ideas
  • Cohorts, not totals. Group users by the week they joined instead of watching one blended number.
  • Pick a real action. Count the thing that means value, like a completed ride, not a login.
  • Look for the flattening. A curve that levels off means people stay. One that slides to zero means you're not there yet.
  • Then improve it. Smoother onboarding, a faster path to the "aha", and calling the users who left.
Try This Week

Chart your weekly cohorts, using one action that means real value.

Pull.Quote✣
“At YC our motto is make something people want.”
From The Video's Description
Source.InfoVIDEO
Speaker
David Lieb
Series
YC Startup School
Length
About 30 Min
Where
YouTube
Reel card for No.05, The 4 Types Of Defensibility by James Currier at NFX.
Card 05 / 09nfx.com
05 · Essay

The 4 Types Of Defensibility

▶ James Currier · NFX

Why Amazon and Yahoo couldn't take eBay down, even with free listings and better technology. James Currier walks through the four defenses a tech company can have, and why brand and scale have weakened while network effects stay close to unbeatable.

4
The Headline Number

Kinds of moat: brand, scale, embedding and network effects.

The Four Moats
  • Brand. Recognition and loyalty. Real, but Lotus 1-2-3 had it and still lost to Microsoft.
  • Scale. Fixed costs spread over more customers. Weaker now that big tech can outspend anyone.
  • Embedding. Being wired into how customers work, so switching hurts.
  • Network effects. Each new user makes it better for the rest. It's how eBay held off free clones.
Try This Week

Name your moat in one word. If you can't, that's the next thing to build.

Pull.Quote✣
“If you don't have a durable advantage, well, you're roadkill.”
From The Essay
Source.InfoWEB
Author
James Currier
Format
Essay
Where
nfx.com
Reel card for No.06, Default Alive Or Default Dead? by Paul Graham.
Card 06 / 09paulgraham.com
06 · Essay

Default Alive Or Default Dead?

▶ Paul Graham · Oct 2015

One question: on your current expenses and growth rate, do you reach profitability on the money you have left? Graham says half the founders he talks to don't know. If the answer is no, you're default dead, and the time to change course is now, not after the next raise falls through.

Key Ideas
  • Know which one you are. Hold expenses flat, keep revenue growing at its recent rate, and see whether you get there.
  • The fatal pinch. Default dead, plus slow growth, plus not enough time left to fix it.
  • Don't plan on the next raise. Treat new money as a bonus, and keep a plan that works without it.
  • Hire slowly. Growth early on comes from the product, not the headcount.
Try This Week

Write down four numbers: cash, monthly burn, monthly revenue and its growth rate. Then do the math.

Pull.Quote✣
“Hiring too fast is by far the biggest killer of startups that raise money.”
Paul Graham
Source.InfoWEB
Author
Paul Graham
Published
Oct 2015
Format
Essay
Where
paulgraham.com
Reel card for No.07, Startup = Growth by Paul Graham.
Card 07 / 09paulgraham.com
07 · Essay

Startup = Growth

▶ Paul Graham · Sep 2012

What makes a startup a startup isn't being new or being tech. It's being built to grow fast. Graham argues the growth rate is your compass: pick the number that matters, set a weekly target, and let hitting it decide what you work on next.

5–7%
The Headline Number

Weekly growth Graham calls good at YC. 10% a week is exceptional. 1% means you haven't figured it out yet.

1.7x

A year of 1% weekly growth.

12.6x

A year at 5% a week.

142x

A year at 10% a week.

Key Ideas
  • Built to grow. A startup is designed to grow fast, not just young or technical.
  • Two problems. Make something lots of people want, then reach all of them.
  • Know your number. Without it you can't tell whether you're doing well or badly.
  • Small rates compound. 1% versus 5% a week is the gap between 1.7x and 12.6x a year.
Try This Week

Pick one weekly number (revenue if you charge, active users if you don't) and write it down every Monday.

Pull.Quote✣
“A startup is a company designed to grow fast.”
Paul Graham
Source.InfoWEB
Author
Paul Graham
Published
Sep 2012
Format
Essay
Where
paulgraham.com
Reel card for No.08, The Product Death Cycle.
Card 08 / 09Concept
08 · Concept

The Product Death Cycle

▶ David J. Bland · Discussed By Dan Olsen

A loop most products fall into at least once. Nobody uses the product, so the team asks customers what's missing, builds those features, and nobody uses those either. Repeat until the money runs out. David J. Bland drew the cycle, and product author Dan Olsen is among those who use it to explain why taking feature orders isn't the same as understanding the problem.

3
The Headline Number

Steps in the loop: no one uses it, ask what's missing, build the missing features.

How To Break It
  • Problems, not solutions. Customers describe pain well and design fixes badly. Dig for the pain.
  • Test before you build. Prototypes and MVPs check value and usability before you write code.
  • Work from a strategy. Tie each feature to an outcome you're trying to move, not a request list.
  • Push back. Decide on what customers do, not on the loudest opinion.
Try This Week

Before you build the next feature request, ask what the person was trying to do when they hit the wall.

The.Loop↻
No one uses it. Ask what's missing. Build it. Repeat.
The Cycle, Paraphrased
Source.InfoIDEA
Coined By
David J. Bland
Discussed By
Dan Olsen
Format
Concept
Reel card for No.09, The Mom Test by Rob Fitzpatrick.
Card 09 / 09momtestbook.com
09 · Book

The Mom Test

▶ Rob Fitzpatrick · 2013

The subtitle is the whole book: how to talk to customers and learn if your business is a good idea when everyone is lying to you. People are polite about your idea, especially people who like you. Fitzpatrick's rules make it hard for them to be polite, because you stop asking about your idea and start asking about their life.

3
The Headline Number

Rules for a customer conversation even your mom can't lie to you in.

The Rules
  • Their life, not your idea. Talk about their life instead of your idea.
  • The past, not the future. Ask about specifics in the past instead of generics or opinions about the future.
  • Listen. Talk less and listen more.
  • Compliments aren't data. "I'd use that" costs nothing to say. What people already do, and pay for, is the evidence.
Try This Week

Rewrite your interview questions so none of them mention your product.

Rule.01✣
“Talk about their life instead of your idea.”
Rob Fitzpatrick
Source.InfoBOOK
Author
Rob Fitzpatrick
Published
2013
Format
Book
Where
momtestbook.com
One More Thing

I'm Building A Community For People Building Alone.

It isn't open yet. The waitlist is.

What It Is

Much of this list comes down to one point: the code is the easy part now, and the hard parts are easier with other people around. I'm putting together a place for solo founders and vibe coders to compare notes on what's working, get honest feedback on what they're building, and find their first customers without guessing. Join the waitlist and you'll hear first when the doors open.

Waitlist.exe✣

I'll write once, when it's ready. Nothing else.

You're On The List ✓

I'll write once, when it's ready. Nothing else.