Back Office Task Avoidance
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Sam Parr and Shaan Puri discuss Abstract Ops, a software solution for handling back-office tasks that founders typically avoid. The conversation reveals insights about both the product and the broader challenge of managing administrative tasks in startups.
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Product Overview (Abstract Ops):
- Similar to "NetSuite for startups"
- Handles various back-office tasks:
- State-specific tax filings
- HR practices
- Contractor onboarding
- IP releases
- Legal and finance operations
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Current Implementation:
- Mix of automation and human support
- Challenge: Need to evolve to more software-driven than human-driven for better scaling
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Marketing Approach:
- Strong landing page execution:
- Tagline: "Stop running from your back office tasks"
- Uses relatable humor with stick figures and tornados
- Shows personality in typically mundane space
- Similar to Slack's approach of making boring tools delightful
- Strong landing page execution:
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Founder Perspective on Back Office Tasks:
- Typically avoided until problems arise
- Quote: "I'd rather put it off until shit breaks"
- Focus preference on growth over administration
- Describes current state as "scrappy not sloppy"
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Investment Considerations:
- Founded by previous Twitter acquisition founder
- Key Question: Can it successfully automate complex tasks?
- Challenge: Balancing breadth of services with depth of functionality
- Potential to expand services once customers are acquired
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Product Validation Strategy:
- Best approach is to be an actual user
- Need to experience if solution is "magical" before investing
- Important to verify if it solves real pain points
03:02 - 09:56
Full video: 55:04SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.