• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Blog | Lloyd

Blog | Lloyd

A career co-pilot for everyone

  • Home
  • Plans
  • Company

Extra Information

Web3 (Cryptocurrency, NFTs, DeFi) Careers and How to Forge One for Yourself

November 12, 2021 by Joyce Li Leave a Comment

Bitcoin’s valuation in 2009 was $0USD. In 2021, Bitcoin’s valuation was at an all-time high at above $60,000USD, a staggering comparison to its value just 12 years ago. In a quick summary, cryptocurrency is any digital currency that can be traded for various goods and services, and is also traded for profit. Crypto’s growth and lucrative investment opportunities has made it a highly sought-after career choice. Web3 may be a better term to refer to a career in cryptocurrency – Web3 encompasses opportunities in NFTs, DeFi, blockchain, and crypto (e.g. Ethereum, Bitcoin, Solana).

Like most careers in newer and more volatile industries however, a career in Web3 seems elusive. The elusiveness is in part because technologies such as blockchain and cryptocurrency is such a new phenomenon that university degrees in the industry are probably twenty to thirty years out. Web3 comes without the guidance that a degree in finance or marketing would afford a young professional. So what does a career in Web3 look like?

Actually, a career in Web3 is quite similar to a career in another field. Most current job roles can be translated into a role in a Web3 / crypto firm. There are several significant divisions within the crypto job market, which include banking, tech, government, finance, insurance, and retail. Some positions in high demand include engineers in intelligence, software, and web developing; as well as analysts in finance, research, security. Not all positions are within quantitative or technical skills – Web3 companies also need journalists to write about trends and news, and technical writers to create engaging content for audiences. Job postings for jobs in Web3 / cryptocurrency have increased by 120% since last year, and according to cryptojoblists.com, there have been 56,000 applications for crypto positions sent out in the last week alone.

What is unique about a career in Web3 / cryptocurrency is growth opportunities – it’s possible to advance into a senior position within 24 months because of how new the industry is, and how labour is in high demand. Blockchain is a technology that allows a secure and anonymous exchange of currency without the need for a third party. Blockchain can be integrated into nearly every business industry. A great first step is to begin thinking of a problem within your current industry that blockchain could solve, and how to integrate blockchain into the transactions within your industry.

Web3 companies differ from traditional companies because they aren’t centralized around a certain location. For example, there are plenty of crypto roles that are fully remote. This is an advantage if you want to begin a career in cryptocurrency – you can start no matter where you are located. If a career in cryptocurrency interests you, here is a list of some of today’s most advanced firms with hiring schemes. For reference, here are some stats about the largest crypto firms and the size of their workforce:

  • Coinbase: 3,538 employees
  • Crypto.com: 1,914 employees
  • BlockFi: 806 employees
  • Gemini: 681 employees
  • Ripple: 607
  • Ethereum: 489 employees
  • Blockchain.com: 415 employees
  • Consensys: 547 employees

In comparison, here the sizes of some tech and finance firms:

  • Honey: 588 employees
  • Venmo: 713 employees
  • Cash App: 1,213 employees
  • Slack: 3,425 employees
  • Bird: 952 employees
  • Line Corp: 3,805 employees

It’s clear that there are already many size-able Web3 / cryptocurrency companies, especially in comparison to a big industry like technology. So how would someone find their start in crypto? We’ve done some research and followed the career paths of 30 people who are working in cryptocurrency firms and their most recent position prior to their current role. Through our research, we’ve also found that most people working in cryptocurrency now already had a solid footing in whatever industry they were working in prior to making their career shifts. Previous positions in finance or banking were commonplace. Those who work less directly with cryptocurrency finance and technology, such as in brand partnerships in marketing, had held previous positions at other companies in those fields.

The technology and software engineering involved in a Web3 / cryptocurrency career are new and likely would require extra online courses. Refer to end of blog post for some great choices. One that is of particular interest is https://buildspace.so/: this is a Y-Combinator backed startup that is focused on helping individuals learn about crypto and web3. From their website: “If you’re a dev that’s curious about web3 but not sure where to start — this is the spot for you.” There likely will be many other companies focused on building onramps into the crypto / web3 space.

For non-technical roles, if someone were to pivot from a career in marketing or investments, it’s likely that a shift into cryptocurrency would not involve an in-depth study into crypto-specific software. Instead, a good idea would be to do some background research into the cryptocurrency industry as a whole and how existing business sectors are adapted in the industry.

We interviewed several Lloyd members and friends who work in cryptocurrency about what a career in cryptocurrency looks like, and have given insight into what industries compare to crypto’s job market.

“The subject matter is large enough now that you can’t possibly learn everything, so I’d try to find an angle that most excites you and go deep. For example, I was initially really interested in the way the protocols and consensus mechanisms were designed. Then I got interested in the creator economy. Lots of people start with reading Whitepapers and engaging with the community on Twitter to find projects to support.” – Varada

“I had been following Bitcoin since 2010. I was aware of the problems facing the industry and how we could build and grow a business that would be impactful and well received by the community. The most important factor to our early success, and the biggest obstacle to overcome, was to establish trust with our customers and the broader community. Crypto has had a lot of scams and it is challenging to establish trust in a community that has as one of its mottos ‘don’t trust, verify’.” – Ken

Action Plan:

  1. Follow prominent leaders in crypto on Twitter to stay up to date on the community.
  • Dickie Bush
  • Gaby Goldberg
  • Packy McCormick
  • Messari Crypto
  • APompliano
  • Woonomic
  • Alex Gladstein
  • Nick Szabo
  • Coopahtroopa

2. Get familiarized with crypto through articles and YouTube videos.

  • Curious Beginner’s Guide to Crypto
  • Reading List about Web3 (machine based data for websites),
  • So you want to learn about Web3
  • The Block
  • Coindesk
  • Blockworks
  • Casebitcoin
  • Bankless
  • Station
  • Infinite Machine (book)
  • Tim Ferris’s Crypto Podcast

3. Keep an eye on job boards.

  • Web3 Jobs
  • Cryptocurrency job board 1
  • Cryptocurrency job board 2
  • Cryptocurrency job board 3
  • Cryptocurrency job board 4
  • Cryptocurrency job board 5
  • Pomp Crypto Jobs

4. Consider enrolling in some intro-level cryptocurrency courses.

  • Princeton University’s 23 hour Bitcoin and Cryptocurrency Technologies online course
  • UCBerkeley’s 18-30 hour Bitcoin and Cryptocurrencies course hosted through EdX
  • The Linux Foundation’s 28-42 hour Blockchain course hosted through EdX
  • Pomp’s Crypto Course (Fundamentals of Bitcoin & Crypto)
  • Become a Web 3.0 developer in 3 weeks
  • Crypto Startup School

In sum, the Web3 space has lots of buzz, and there are real opportunities for people to work in this space. People have entered crypto often from adjacent spaces, such a finance, FinTech, and Big Tech. That doesn’t mean those are the only onramps into Web3, so if you aren’t working in that space now, creating a strong narrative for yourself will be important. Some of the nomenclature can be foreign to start, but stay persistent and be curious.

If you’d like to work with a career copilot, take our career quiz and get started with a 14 day free-trial: https://www.withlloyd.com/.

Filed Under: Extra Information

A Look Into Data Science Programs and a Career in the Industry…

October 28, 2021 by Joyce Li Leave a Comment

data science programs

Online courses and masterclasses are no joke. With bountiful resources available such as EdX, SkillShare, and even YouTube, you can pretty much study anything and become an expert. However, one particular field has gained a lot of recent interest – data science. There is a booming market for data scientists, and they’re in high demand in almost every industry. Data science is essentially bringing together stats and –  well, data into an analysis which uncovers important patterns that let firms make informed operational and logistical decisions for their company.

A lot of people have managed to completely pivot their careers towards data science given the large number of data science courses available online. They range in price and commitment level from free masterclasses to online degrees. We’ve done our research at Lloyd and found some online course options for those who may be interested in pursuing data science as the next step in their career. 

Two options for data science courses are actually full-time online master’s degrees.

  • UCL’s data science master’s program is full time, typically with a start date at the end of September and lasts for one academic year. This is the only course we came across with a prerequisite – a bachelor’s degree in a quantitative field. The course is part time over the course of 2 years, and comes with a hefty price take of 175,500 pounds.
  • UC Berkeley also offers an online master’s degree in Data Science. The program consists of 27 units priced at $2,712 USD per unit, totaling to $73,224 USD for the entire program. There are flexible paths a student can take to finish the degree. The accelerated option requires 3 courses per semester for completion in approximately 12 months. The standard option requires 2 courses per semester for completion in approximately 20 months. Finally, a decelerated path allows for one course per semester (after the first term) for completion in about 32 months.

An online master’s is a major commitment, but we’ve found a few offerings that are slightly less expensive and with a shorter time commitment but still offer a great in-depth learning opportunity.

  • MIT’s “micromaster” course in data science is prerecorded, with an audit available. Each of the four total courses are self-paced, and the total price tag comes to $26,820 USD for the entire program. There is a new intake of students every year, and this option is best for those who really want to take a deep dive into data science and are committed into this career path.
  • The Lambda School is a popular option due to its flexible payment structure. Aside from a set $30,000 USD price tag specific to California, the program is based off your post-graduation earnings and is paid in 24 monthly installments of 17% of your monthly income. However ,the program require a large time commitment with an investment of about 40 hours per week and is 24 weeks long.
  • FlatIron School offers an online data science bootcamp which boasts an impressive 95% employment rate and 83k starting salary for those who graduated from the program. The full-time program is 15 weeks with 9 hours of work a day, though flexible durations of 20, 40, or 60 weeks are available. Start dates are varied. This program will set you back a $500 USD deposit and $16,900 for total tuition.
  • This Is Metis is similar to FlatIron School and offers online flexible part time courses that are 20 weeks long, with a 15-20 hour time commitment per week. A full-time version of the same course lasts for 10 weeks, with a 35-40 hour time commitment per week. The program is slightly cheaper than Flat Iron School’s program at $14,500 total.

Other offerings come from online subscription based learning services with a much lower cost than those seen from official online master’s degrees.

  • EdX offers their own version of a data science course for free – though those who choose to go for the free audit track do not leave the program with a certificate. Only the first session is available before a payment of $79 USD is required. The program is 6 weeks long with a time commitment of 4-6 hours per week.
  • Another offering from the EdX website is co-hosted by UC San Diego. This course has a higher time commitment as it’s 10 months long at 9-11 hours per week, though the price is quite fair for the amount of content you’ll be covering –  the whole program will only set you back $1,260 USD.
  • UC Berkeley has their own version of a data science online course. The program is 6 weeks long with a time commitment of 8-10 hours per week on a flexible schedule and will set you back $2,850 USD.

There are also courses that come with a monthly or annual billing cycle.

  • Data Camp’s online offering includes 15 videos and 48 exercises, with a free basic option that allows you to try out one course. Otherwise, it’s $25 per month and comes with problem set answers for more efficient self-study.
  • Coursera’s IBM data science course has a relatively lengthy time commitment at 11 months long with 3 hours per week, but the schedule is flexible and there are no prerequisites necessary. After a 7 day trial, the cost will either be $439 USD for a single installment payment or $39 USD per month, cancellable any time. A major benefit is that this course offers subtitles in eleven languages though the language of instruction is still English.
  • Lastly is Strata Scratch is a unique platform that offers data science interview questions and may be a good investment alongside a data science course. The website offers hundreds of updated practice questions, coding workshops, and discussion boards. A lifetime subscription will set you back $199 USD, a yearly subscription $99 USD, and a monthly subscription $29 USD.

Some quotes to help you with your decision:

We’ve interviewed some Lloyd members and Lloyd friends about their experiences studying data science and working in the industry. If you’re looking for some guidance about which course to pursue, here are some perspectives that may help your decision process.

Jonathan Huck:

“My opinion is that if someone committed an equal amount of time to DataCamp and self-directed projects, they would be just as competent, if not better, than a Master’s graduate.”

Sam Wood:

“DataQuest is a great hands-on experience that I think is of similar quality to DataCamp, if not better. It’s a great intro / way to skill up on Python.”

Jake Cohen:

“Find people on LinkedIn who attended bootcamps at jobs you think you would want upon graduating. Reach out to those people to hear about their experience. If they ended up at a job appealing to you, look into that program.“

Francisco Garcia

“Don’t coast and just pass exams/certification…truly spend the time you need to understand the fundamentals of what you are studying”

What’s great about the myriad of online course offerings is that there’s a price range and commitment level suitable for almost anyone interested in shifting their career focus towards one in data science. The choice really depends on your preferences – would you rather have more guidance, support, and an official degree after completing educational training in data science? If cost isn’t a major concern, then maybe a master’s degree program would be suitable for your needs. If you like the idea of a self-paced education with a much lower price tag, but less guidance and more pivots between programs along the way, participating in several basic online courses over a longer period of time may be right for you.

Sam Wood:

“Be realistic – this stuff isn’t easy to learn. It takes persistence, patience, curiosity, grit, and the ability to be humbled over and over. It is eventually rewarding, but you’ll go through much despair before reaching true enlightenment! Also, you’ll never stop learning, so be prepared for that. There’s always something you don’t know.

One glaring thing I saw as a TA is that people in the program expected to be out the door hired as a Data Scientist, Data Engineer, etc. Their expectations of outcomes from the program were unrealistic for what job prospects are out there for bootcamp graduates. In reality many people get undergrad and graduate degrees to be considered for those roles (many in tech have PhDs). So leveling expectations is important. 6-12 months of a bootcamp doesn’t trump 6+ years to get an undergrad + grad degree, or even longer for a PhD.

Also, one final note about these programs: they aren’t going to give you every single possible skill you need to be successful in this space. They give you a jumping off point to continue your education throughout your career, and to give you some real-world practical experience for what a DS does day-to-day. Point being: keep on learning, and don’t stop. The moment you become complacent in this field is the moment you start getting left behind. I can’t stress this enough; be fearless in your pursuit of new knowledge, and embrace feeling ‘dumb’ from time-to-time.”

Zen Yui:

“If you want to pursue data science professionally, have a working knowledge of linear algebra and stats going into any grad-level machine learning program. For an intro/bootcamp level course, have a working understanding of python (at least in a scripting capacity) so you can pay attention to the machine learning content of the course.”

Jonathan Huck:

“The barrier to entry for starting your own data science projects is low, and that is the best way to overcome barriers to getting hired as a data scientist. When I’m involved in hiring, I’m many times more interested in a portfolio than a certificate.”

Overall, there is a lot of freedom in the realm of data science courses, as well as pursuing data science projects on your own time. Any thoughts or feedback on this article? Let us know!

Closing Remarks from Daniel Taylor:

“Make no time for half measures. If you researched the courses and are ready go ‘all in’ data science isn’t something you can partway focus on… like all the best things in life, it’s all or nothing!”


Feeling stuck in your career? Check out how Lloyd can bring more clarity to your career ➜.

Filed Under: Extra Information

104 Things Learned About #nocode

September 9, 2021 by Dan Gusz Leave a Comment

In honor of being hunted on 🐱 Product Hunt today by @felix12777, we wanted to highlight what we have learned on our #nocode journey. It has been 104 days from product signup (www.adalo.com) to Product Hunt, so here are 104 learnings:

  1. To start, we had to figure out as a non-technical team how to build a technical product to lower the cost of #career navigation
  2. We started Lloyd before the pandemic was the reality it is today, but what has happened in the last year made us even more committed to building a lower cost, quality product. #Nocode was a fast way to keeping costs down to also benefit others
  3. @nkgusz started us on @AdaloHQ. While Nikki has been the non-technical advocate for #tech innovations throughout her career, she hasn’t built. However, @AdaloHQ changed that and allowed her to build, too #womenintech #femalefounder
  4. Truly anyone with an internet connection can start to build #nocode tools
  5. We believe that #nocode gives builders 4 core superpowers: [A] when starting, you can experiment / iterate fast, [B] databases won’t be your enemy, [C] once you find your path, you are more cost effective than ever before, [D] as you scale, most tools scale with you
  6. #nocode building also comes with a few core downsides: [A] you become very platform dependent, so pick tools carefully, [B] things like speed or design (to an extent) can be out of your control and you have to accept what you are given
  7. Cost is one of the most important metrics to consider when delving into the #nocode space. This may be weird to say as a #nocode users, but I think that no code tools are extremely under priced
  8. For $100 / month you can have a fully branded, fully functional #nocode application: Adalo for $50, Parabola for $15, Figma for free, website + Google Drive for ~$20, misc. for $15
  9. Just think about that. A fully functioning application, built by you, for the cost of one dinner out. That’s incredible. I truly do think that #nocode will have some impact on the #VentureCapital community because these companies take a lot less capital to get started
  10. If the start-up costs for a software company used to be perhaps $50,000 – $200,000 and now for some companies that is $1,000 – $10,000, we definitely are entering a new age of company building!
  11. This allows for more individuals from a broader set of backgrounds, education levels, income levels, and geographic distributions to build products that users love!
  12. I find #buildinginpublic to be first and foremost about personal accountability
  13. Re: @parabolahq, probably the best combination of intuitive + powerful for any #nocode tool
  14. Re: @figmadesign, I love their product, use it a lot, and somehow I’m still on the freemium plan. I am starting to feel like I am abusing this relationship.
  15. Re: @AdaloHQ, this tool has been that binary zero-to-one for us from a product standpoint
  16. Re: @AdaloHQ, let’s start with their team – we have found their team to be incredibly helpful, responsive, and devoted. Thanks!
  17. Re: @AdaloHQ, when we first logged in on August 24th, we didn’t have a full plan. We just knew we wanted to #build.
  18. Re: @AdaloHQ, a fun little thing that we love are @LottieFiles. They bring the product to life – I highly recommend.
  19. Re: @AdaloHQ, the same goes for @unDraw_co: these images do a great job of humanizing the product – also highly recommend.
  20. Re: @AdaloHQ, one aspect we were most intentional about was our onboarding flow. Make it fast. Make it simple. Make it informative. Uhhh, that’s a lot.
  21. Re: @AdaloHQ / onboarding: this was a constant evolution for us. We probably have been through 5 wholly distinct onboarding workflows.
  22. Re: @AdaloHQ / onboarding: we have tried videos, click through / hover-text education, and now allow users to schedule time with our team to speak with us directly for 1:1 onboarding (inspired by @Superhuman)
  23. Throughout this process we have learned a lot. Here are 20 mistakes we made, to be used as guides so hopefully others don’t make the same mistakes as us!
  24. Mistake #1: we tried to always reinvent the wheel. If you are building with #nocode tools, you advantage is often speed, flexibility, and cost-effectiveness. Try to keep yourself fast by using other tools / products as strong inspiration.
  25. Mistake #2: we didn’t consider the user journey. Our initial onboarding workflows just landed the user in the product, without enough “wins” early for them to feel comfortable. Walk the user through their first “win” or use before letting them off on their own.
  26. Mistake #3: we tried to recreate existing communication channels. Why were we building a native chat app when users just wanted to chat via email? @mondaydotcom nicely pushes all communication to email notices as well, vs. demanding in their app. Good inspiration.
  27. Mistake #4: not delving into the power of #nocode APIs earlier. This was a game changer for us. @zapier webhooks are great, but *USUALLY* require some event to happen before executing. APIs with @parabolahq and other tools help truly automate our product.
  28. Mistake #5: not “sitting over the shoulder” of users sooner. Try to do video screen shares with users as early as possible. Better yet, have users record a @loom of their experience in the sign-up process. You will learn a lot.
  29. Mistake #6: overcomplicating our website. Previously we emphasized more information, which created complexity. We now emphasize clarity, simplicity, and direction to our product: https://www.withlloyd.com/.
  30. Mistake #7: as Confucius said, ““Better a diamond with a flaw than a pebble without.” Make your #nocode tool a flawed diamond, not a perfect pebble.
  31. Mistake #8: not coming up with design standards earlier. We had a lot of back and forth on font size, color, weight–wastes of time. We quickly figured out a good set of general standards, colors, etc., which allows us to move faster.
  32. Mistake #9: not adding examples, examples, examples. Every career is unique, but examples of what other experiences help people start at 1 instead of 0
  33. Mistake #10: not starting sooner. I think this can always be a mistake in hindsight, but because the barrier to entry are so low for #nocode tools, it is worth it to get started early. For instance, just start with your login flow. Start small, but start now!
  34. Mistake #11: taking WAY too long to get to our Hero feature (most important feature). For us, that is the human co-pilot along with the technology. This should have been our first discussion, and should have been the North Star we followed in our initial build
  35. Mistake #12: not working with contractors, even for a few hours, to learn best practices. We will probably do this starting in the new year to take our app to the next level. Even a budget of $500 can go far.
  36. Mistake #13: iterating our messaging TOO MUCH. We have had a tendency to use a lot of one-liners to describe the business, and then move on to a new one next week. STOP THAT. Bounce a few ideas off of folks, pick one, AND USE IT. 
  37. Mistake #14: considering scalability too much. If you don’t have even 1 person using and liking your product, scalability MEANS NOTHING. It is hard, but we had to retrain ourselves to really focus on the here and now, and push of scalability discussions for later. Not easy.
  38. Mistake #15: getting too caught up in what others are doing. Did you see what that other company raised? Wow, look at their user growth! STOP IT. You need to shut it out and focus on what you’re building. Market awareness is good, but FOCUS on you!
  39. Mistake #16: appreciate the small wins more often. When you get your first paying customer, celebrate (a little bit)! When you get to $1,000 MRR, open that bottle of champagne. The journey is irreplaceable – enjoy the ride.
  40. Mistake #17: not engaging on Twitter earlier and more genuinely. Many people have written how, and frankly we’re not that great at Twitter. All we know is be genuine.
  41. Mistake #18: over indexing on work from home and other trends in 2020. Yes, we all need to be cognizant, diligent, and active! But despite the uncertainty, there were key things we just needed to build / execute. Not always easy.
  42. Mistake #19: worrying about raising money too early. Yes, being well capitalized is important. But only if raising money is right FOR YOUR business. The venture model may evolve with #nocode (due to lower capital needs), so be open to lots of paths.
  43. Mistake #20: not having enough fun at times. Building should be fun. Sometimes hard to manage with a small team wearing many hats, but a mix of serious and fun is key. Don’t forget the fun, especially at such an early stage.
  44. These mistakes, in some part, could have been alleviated if we had had a stronger database strategy from the get-go. Where is the source of truth, how does all of the data connect, etc.
  45. And if we are going to be honest, we probably broke the #1 rule of #nocode: we don’t, and haven’t ever, used @airtable. Gasp!
  46. For us, the @AdaloHQ database was homebase #1. 
  47. Using the built-in @adalohq database is a two-sided coin (as I imagine for other build+database tools): the plus side is speed speed speed.
  48. But seriously, that is the biggest consideration. If you watch a <10 min. Youtube video (e.g. https://www.youtube.com/watch?v=wR0jg0eQsZA), you will be properly prepared to getting started.
  49. In my mind, this may be one of the biggest leaps that #nocode has enabled. By not needing to really worry about database structuring to get started, you can focus on building. Otherwise, there is a lot of mySQL to learn just to get your company started. Ugh.
  50. But when signing up for tools like @adalohq (or similar tools like @bubble or @glideapps), you can genuinely have a working product for others to use in under 60 minutes.
  51. “Do you not believe me? I just tried this out again and it is true. Go to one of the links below and give it a try and then come back and share how long it took you 👇
    https://app.adalo.com/signup
    https://bubble.io/
    https://www.glideapps.com/”
  52. OK back to regularly scheduled programming. It turns out the downside to the built-in database is also speed speed speed. Speed of processing can definitely be noticable, though I’m sure we take our fair share of blame there with some design considerations.
  53. Not having the most “blazing fast” database to start really shouldn’t be any concern for *nearly all* #nocode applications to start. Just have this in mind as you move forward, and make sure to properly ask your users if speed is any issue.
  54. Similar to database structuring, we found (and probably like many others) that design is hard! Duh!
  55. After lots of scrolling through #designtwitter, @dribbble, and @canva, here is a look into our crude design process.
  56. To make products feel “alive”, we use either @unDraw_co (❤️) or @LottieFiles (❤️ ❤️). Both do a phenomenal job of making the product feel more professionally done, even if you have few design skills (like us)!
  57. I’ll actually just say it again to emphasize to you: @LottieFiles is a gamechanger. Go show @Le3Sharon, @reallynattu, and the team some love.
  58. Our design process: we stay within our skill sets and keep it simple: helps to find 2-5 product feature inspirations from others, align on the “target” for what we are going for, and then understand that we need to work within the constructs of the tools we are using.
  59. For any images that we are making, we use the freemium version of @figmadesign. We use this sparingly and the freemium version is plenty (and very generous) for us.
  60. For .gifs, we found this great simple tool using @figmaticapp (within Figma) called “TinyImage Compressor”. Highly recommend.
  61. For videos, we probably are a bit old school here. We used a created to build our entrance, and just use iMovie to clip together images, recordings, etc. This is probably one area where we have a lot of room for improvement.
  62. Honestly, design isn’t our core skillset but does matter as a D2C company, so we’re grateful for tools that make it easier.  We choose to try to be in the middle of the pack for design (aka not a detraction) and win in other areas. A tradeoff we made.
  63. Switching gears a bit, so what happens if you need to code in your #nocode tool?!?!?
  64. Based on our product specs, this has only really come up in two areas: [A] editing some already created HTML using tools like @Designmodo, or [B] slight tweaks to JSON for some API calls. 
  65. In both cases, our first step was to recognize that we probably can do more harm than good by writing code ourselves. In the case of HTML, keeping the HTML we creating for further custom edits to obey full brand standards wasn’t worth it for us. 
  66. My encouragement is to not be intimidated by getting into the weeds with any code (if you are an actual developer), but just remember you likely can do more harm than good to tread carefully!
  67. There is a third area where we have used a bit of code, but honestly, to not much success. And that is with @squarespace. I’d say it is a love/hate relationship.
  68. Our origin using @squarespace as our marketing website was because, well, it was easy and I’ve heard their ads on a lot of podcasts. I guess marketing does work!
  69. My honest recommendation would probably be to use other tools for your marketing website that are: [A] more data interoperable (SquareSpace has limited connectivity for billing data, for instance), and [B] better off-the-shelf templates.
  70. I’ve spent a decent amount of time trying to mess around with their CSS and honestly it probably just isn’t worth your time. I haven’t used it, but people seem to rave about https://carrd.co/. I’d try that tool or others before starting on SquareSpace (despite the ads!).
  71. OK moving on from design, let’s talk about 💰. We originally started as a free product, so didn’t have anything here. When we started our paid product, here were the steps that we took.
  72. 💰 We started simple and opened an account at Chase (could have done SVB as well). We then setup @stripe, which literally takes about two minutes.
  73. 💰 Embarrassingly, we actually have two payment systems. One via SquareSpace / Stripe and one via Adalo / Stripe. Both go to the same Stripe account, but this is a bit of tech debt we have accumulated already 😢
  74. 💰 @stripe is as good as all of the hype. Couldn’t be easier for such a complex task. We experimented with tools like @MemberstackApp but didn’t need it for our use. Honestly though, I’d recommend that product for a lot of other use-cases.
  75. 💰 Stripe is probably the finance equivalent of the built-in database advantages from before. It used to be a significant barrier to entry – now it is a simple step and you’re on your way!
  76. When it comes to tradeoffs, perhaps the biggest tradeoff with #nocode tools is your platform dependence. Let me explain with an example…
  77. In October @adalohq experienced outages (nicely documented here: https://www.adalo.com/posts/scaling-up-prioritizing-performance-on-adalo) in which many of our updates were rolled back, slowness ensued, etc. etc. etc.
  78. We probably lost 6 hours of work and had to put a pause on new development for about 3 days. This was out of our control, not in our plan, and pushed back a couple timelines. AND THERE WAS NOTHING WE COULD DO.
  79. I give @david_adkin and team a lot of credit for how they handled the situation. Class act, honest, transparent. It is a good example of why picking your platforms carefully is so important in #nocode. You get platform dependent very quickly.
  80. Could we have done anything differently here? Probably not. Recently a few of our data connector tools went down and that put our whole operation to a standstill for about 12 hours. I recommend that you build this understanding and flexibility into your product.
  81. Something else we have tried to build into the product is more obvious: automation. To start, we were pretty bad at this. A lot of manual processes to compare lists, change formats, etc. in Google Sheets and then allow a process to continue from there.
  82. I think this is a pretty common use-case for #nocode tools. For instance, any type of booking app or social app will need to do some reconciliation of lists, and send reminders or follow-ups to a portion of the list (e.g. hasn’t paid yet)
  83. Our instinct when starting (as with many other people), is “well, it is just one manual process this week.” One manual process turns into 10 though, and mistakes get made, you get busy, and the product experience gets diminished.
  84. @parabolahq was our solve for this. The in-app logic functions to do anything from a VLookup workflow to finding the difference between two sets of data, performing logic / calculations, etc.
  85. This has been a really important step for us to automate pretty much all of our manual, one-off steps. I can even see how this type of automation would have been helpful in my past companies.
  86. There may be other tools similar to Parabola that do a similar job. We found this tool and just stuck with it. As with, if we are going to be honest, most of the tools we have selected 🙂
  87. With all of these positives we should also talk about a few of the key downsides and other tradeoffs of #nocode. To start, who is #nocode NOT for?
  88. #nocode is probably not for apps in highly regulated industries like healthcare or finance where there may be very stringent data security regulations. Be thoughtful if you work in those industries
  89. Data security is a tricky part of #nocode tools. Most of the mainstream tools seem very secure, but if you are dealing with sensitive information like Social Security numbers or sensitive healthcare information, moving data between apps may be an issue
  90. #nocode may also not be for someone with very specific design requirements. In that case, you may want to have a custom frontend and connect to some backend #nocode tools. 
  91. #nocode is also not for someone who doesn’t want to get their hands dirty. If that is you, you can outsource your #nocode building to experts (e.g. @minimumssstudio) for probably less than <$10,000. It still can be a lower-cost way to get something built.
  92. And now for a few failures. What are some things we tried and just couldn’t get to work? It isn’t a short list:
  93. We couldn’t get Email Parser from @zapier to work. We tried a bunch and just couldn’t get it to work, though we wish we had. Looks incredibly useful for our business.
  94. We also failed with @webflow. Webflow seems to be everywhere, and their templates look AWESOME. We probably should have spent more time with it to learn, so this is our fault. Perhaps one day we will dive into @webflow in earnest.
  95. This one is ongoing, but we have struggled with marketing and branding. Like I said earlier, we needed to commit to our messaging (GPS for your career) earlier!
  96. In terms of breadth, we have only tried and used a relatively small number of #nocode tools. I almost wish there was some sort of #nocode speed dating where you can get a feel for a bunch of tools before planting your flag on the one you want to use.
  97. When we now think about moving forward, we have learned a lot about how to plan for the future. First, a huge priority for us is increasing user engagement. Narrowing our scope of features and creating more value for users in that smaller universe.
  98. #nocode tools allow you to build a lot, which sometimes can actually be distracting! We are now limiting what we build in an effort to spend more time with end users, educate users on the product, and make smaller, more strategic iterations to the product
  99. We have learned (a bit the hard way) that just having more to the product doesn’t mean the product is better. As we end 2020 and head into 2021 streamlining the product and emphasizing power users is our focus.
  100. Focusing on a much smaller list of super high impact features, and reserving more time to spend with customers, understand needs, and grow with our users. #nocode allows you to iterate quickly, but don’t turn that into a system of running around in circles. Be smart!
  101. And finally some thank yous. 1) thank you to all of the builders who have built these amazing tools. 2) thank you to the #nocode community for being so inspiring and inclusive.
  102. Folks like @rileyrichter / @laceykesler / @mattvaru / @colinwinhall are very active and have been helpful to us in finding resources – thank you!
  103. 3) thank you to @felix12777 for hunting Lloyd. 4) thank you to @HainingMax for building and inspiring the community (@100daysnocode). So to everyone: be confident and keep building!
  104. So to everyone, keep confident, and keep building! And if you have 30 seconds today, hop over to https://www.producthunt.com and give Lloyd some feedback!

We are hopeful that these lessons provide inspiration to others, and help shed light on the additional need for career tools for everyone! Please reach out to us with any questions that you have!

Filed Under: Extra Information

Dear Lloyd: I was laid off

September 9, 2021 by Dan Gusz Leave a Comment

As a career co-pilot, Lloyd has created a new advice series titled “Dear Lloyd” to answer your burning career questions, anonymously.


Dear Lloyd, I was recently laid off from my startup due to COVID-19 related downsizing. How are others dealing with being laid off during this time? – Unemployed and Unsure


Dear Unemployed and Unsure,

Lloyd knows this may be a difficult time and hopes that you and your loved ones are safe and healthy during these unique times–in other words, sending you a big, socially distanced hug. Being real here, Lloyd wants to acknowledge there may be a range of feelings, including feelings of anger, frustration, sadness, questioning, relief, uncertainty, shame, and many others for those laid off or negatively impacted professionally by COVID-19. 

Over the past few weeks, Lloyd anonymously interviewed multiple individuals who experienced a layoff due to COVID-19’s impact on their startup. Below, Lloyd shares a collection of raw and unedited responses, so we can better understand what this experience is like for many around us today. Lloyd hopes this is informative and helpful to everyone during these times, and thanks the participants.

What do you feel are misconceptions people have about getting laid off during this period? Maybe that you even had yourself?

“I think there is truth that being laid off doesn’t mean you’re not good at what you’re doing or not valuable … The reality is that some roles are necessary, other roles provide incremental value, and other roles provide multiplier value. My role, as a product manager, is by nature a multiplier role. You don’t need a PM. It just means everybody needs to do more work . . . Coming out of this, I recognize I need to be able to show why the role is a multiplier in value consistently.”

“In some ways, I feel like we’ve shifted too far to the camp of ‘It’s not your fault.’ While it isn’t completely your fault, there’s some ownership you have to take. Think about what value you actually brought to the business and how effective you were at your role, and reflect on that for a bit instead of 100% excusing yourself.”

“I think a lot of people feel like they did something wrong to deserve to be laid off during this time. I’ve definitely struggled with this a bit in the past few weeks, but ultimately I know this is not the case. You have to take a step back and look at the larger picture of the impact COVID had had on the world and the workforce.”

What is the emotion you felt in the moment when you got laid off?

“Frustrated that the company didn’t try to be proactive. A crisis is a great time for people to come together to preserve. Making decisions top-down shows that there was never really much belief / trust in the people doing the work.”

“Frustration and resentment.”

“I had a feeling it was coming the day of, but it was still dreadful in the moment. I completely blanked and couldn’t think of the important questions to ask. Luckily I was able to email them afterwards and get them answered.”

“I definitely felt abandoned by my employer. It was an isolating feeling, especially during this time when I’ve been spending so much time at home alone already. But, I found some consolation in knowing that so many peers were in the same boat, in my company and around the world. The communal grief has also inspired a feeling of camaraderie, knowing we’re all experiencing this shared pain and trying to get back on our feet together.”

What would you want people to know who haven’t experienced a layoff?

“It sucks. And it gets better. This is my second recession / layoff. You won’t be on your deathbed one day thinking ‘if only I didn’t have the recession . . . ;’. Yes, other age groups who were just before / after you may prosper more. But ultimately, the things that matter, health, family, friends, etc. they’re not job-dependent.”

“It’s painful and makes you feel devalued, but you’re still in control of your career: you can launch into a job search immediately, work on a shelved project, or take time off for other purposes.”

“No great athlete didn’t lose a game … The reality is that you couldn’t control what happened to you. You only control what happens next. Would you regret not trying ‘hard’ enough or not trying at all? Whether it’s to find a job, learn a new skill, start your own thing, or just enjoy yourself. The most important thing is to choose what you do next.”

“It can happen to anyone at any time, I like to expect the best but prepare for the worst. In these uncertain times I don’t think it’s unrealistic to have a conversation with yourself about a calm and strategic fallback plan should the worst happen. Also, please try to think of those affected by COVID-19 layoffs when hiring for your current companies!”

“No one knows how the crisis will play out yet, and it’s fortunate if your company has been able to retain you, but I think we should all anticipate tough times ahead across almost every industry. It could be a good time to update your resume now, just in case. If your company is lucky enough to be growing and hiring, reach out to your network and let them know; lots of folks could use an extra hand right now.”

How has this experience impacted your career plans?

“It’s been a hiccup for me, but has not deterred or changed the short or mid-term career goal.”

“Job searching has been a bit tricky. Part of my previous job responsibilities were done in office, such as office management and company events. 2020 will be looking a bit different so I need to focus on other skills for my next role.”

“I’m not quite sure yet. I had planned to stay with my previous company for the foreseeable future, so unfortunately that is a change. I haven’t landed my next role yet so I can’t say if it will differ from where I thought I would be by this point in my life.”

“It’s made me think more conservatively about my life in the medium term and in planning my next opportunity: looking for roles at larger, more stable companies where I can learn and grow over the next few years and ‘ride out’ the economic storm. I’m less likely now to take a role at a smaller, VC-backed startup, and anticipate having to accept a lateral title or slight demotion for my next role.”

“It’s forcing me to consider non-optimal roles. In some ways, it’s great, as I’m now considering companies I didn’t realize before – and finding they’re great opportunities. Nevertheless, it doesn’t feel like I would have ‘planned’ my career with these roles. Perhaps the lesson is that life will always throw curve balls . . . and if you decide to hit it right, you can still get a home run.”

Lloyd owes a debt of gratitude to the individuals who provided these responses. Human and real. This column will be back next week, but for now, stay safe and healthy.

– Lloyd

Filed Under: Dear Lloyd, Extra Information

Dear Lloyd: Should I start a career side project?

September 9, 2021 by Dan Gusz Leave a Comment

As a career co-pilot, Lloyd has created a new advice series titled “Dear Lloyd” to answer your burning career questions, anonymously. Inspired by the greats of advice column writing, we anonymize or generalize questions, so ask away! 

– – – – – – –

Dear Lloyd, I’m looking for ways to diversify my strengths and skills beyond my 9-5 job. What can / should I be doing to remain competitive, especially if I’m hoping to shift career paths? 

– OffTheClock

– – – – – – –

Dear OffTheClock,

There are many ways you can remain competitive and diversify your strengths and skills–many are even free or low cost from reading up on a topic, to enrolling in a course, to having a conversation with someone who has expertise in your area of interest. Lloyd also is a big fan of applied experiences–where you can really jump into something–leading to the ever popular side project. 

People take on side projects for many reasons, but Lloyd shall focus on the career area of the world, since that seems to be where your question resides. Below are three steps and a framework to help you think about your career side project.

Step 1: think about your career goals

It’s always good to start with a bit of introspection–what do you want to achieve with your career side project? Perhaps there is a goal you want to reach, a skill or expertise to build, or a new field to explore. If you’re not sure, browsing a few “dream” job descriptions (without falling down the internet rabbit-hole) can be helpful. Businesses often perform a gap analysis to identify the distance they need to travel to reach their goals, and you can, too, by considering where you are at and what you need to reach the ideal job.

One topic we do like to differentiate between is a hobby (from our perspective, an activity you enjoy or are interested in, but not necessarily relevant to career) and a career side project (from our perspective, a specific skill / experience you’re looking to gain to make you more marketable in a certain job or industry). Lloyd is not a dictionary, but shares this working definition to recognize there are many wonderful hobbies in the world that result in oodles of joy, but to help keep focus on the purpose of a career side project, particularly. 

Step 2: find a career side project that advances your goals

Once your goal is in focus, it’s time to do a little career side project searching: 

  • Decide on the people, organization, or structure where you want to invest your time. There are many ways to reach a goal. If you are going to work with others, try to find people who you’re excited to work with and will help build the strengths / skills you desire. Or, look for organizations that you believe in the mission or the work. Ideally this is a “yes, and” and you find both, but if not, Lloyd tends to side with great people who can support your growth, development, and network. Organizations with less resources (i.e., startups, nonprofits) may be more willing to work with you, but contract / volunteer work can exist in a lot of places. Be creative (moving forward on your own is an option as well). 
  • Ensure you (and your career side project colleagues) are clear on expectations, bandwidth, scheduling, etc. It is important to be clear early and often about the slice of their world you want to be part of–and how you plan to commit to it. You’re likely career side project-ing on top of a day job, so be realistic to set yourself up for success.
  • Align with others–and mostly, yourself–on compensation. Take a broad lens to what compensation means to you–it could be financial, but it also could very well be skills, opportunities, and / or a network. If you’re a novice at something and people are taking a risk to teach you and have you learn, don’t expect to be paid like an expert. This doesn’t mean pay is not an option, just be realistic. If you’re an expert and have a lot of value to provide, ask for what you’re worth. 

The Career Side Project Framework below can help you assess career side projects coming your way.


Skip to Content

Lloyd

Dear Lloyd: Should I start a career side project?

May 25 Written By Dan Gusz

As a career co-pilot, Lloyd has created a new advice series titled “Dear Lloyd” to answer your burning career questions, anonymously. Inspired by the greats of advice column writing, we anonymize or generalize questions, so ask away! 

– – – – – – –

Dear Lloyd, I’m looking for ways to diversify my strengths and skills beyond my 9-5 job. What can / should I be doing to remain competitive, especially if I’m hoping to shift career paths? 

– OffTheClock

– – – – – – –

Dear OffTheClock,

There are many ways you can remain competitive and diversify your strengths and skills–many are even free or low cost from reading up on a topic, to enrolling in a course, to having a conversation with someone who has expertise in your area of interest. Lloyd also is a big fan of applied experiences–where you can really jump into something–leading to the ever popular side project. 

People take on side projects for many reasons, but Lloyd shall focus on the career area of the world, since that seems to be where your question resides. Below are three steps and a framework to help you think about your career side project.

Step 1: think about your career goals

It’s always good to start with a bit of introspection–what do you want to achieve with your career side project? Perhaps there is a goal you want to reach, a skill or expertise to build, or a new field to explore. If you’re not sure, browsing a few “dream” job descriptions (without falling down the internet rabbit-hole) can be helpful. Businesses often perform a gap analysis to identify the distance they need to travel to reach their goals, and you can, too, by considering where you are at and what you need to reach the ideal job.

One topic we do like to differentiate between is a hobby (from our perspective, an activity you enjoy or are interested in, but not necessarily relevant to career) and a career side project (from our perspective, a specific skill / experience you’re looking to gain to make you more marketable in a certain job or industry). Lloyd is not a dictionary, but shares this working definition to recognize there are many wonderful hobbies in the world that result in oodles of joy, but to help keep focus on the purpose of a career side project, particularly. 

Step 2: find a career side project that advances your goals

Once your goal is in focus, it’s time to do a little career side project searching: 

  • Decide on the people, organization, or structure where you want to invest your time. There are many ways to reach a goal. If you are going to work with others, try to find people who you’re excited to work with and will help build the strengths / skills you desire. Or, look for organizations that you believe in the mission or the work. Ideally this is a “yes, and” and you find both, but if not, Lloyd tends to side with great people who can support your growth, development, and network. Organizations with less resources (i.e., startups, nonprofits) may be more willing to work with you, but contract / volunteer work can exist in a lot of places. Be creative (moving forward on your own is an option as well). 
  • Ensure you (and your career side project colleagues) are clear on expectations, bandwidth, scheduling, etc. It is important to be clear early and often about the slice of their world you want to be part of–and how you plan to commit to it. You’re likely career side project-ing on top of a day job, so be realistic to set yourself up for success.
  • Align with others–and mostly, yourself–on compensation. Take a broad lens to what compensation means to you–it could be financial, but it also could very well be skills, opportunities, and / or a network. If you’re a novice at something and people are taking a risk to teach you and have you learn, don’t expect to be paid like an expert. This doesn’t mean pay is not an option, just be realistic. If you’re an expert and have a lot of value to provide, ask for what you’re worth. 

The Career Side Project Framework below can help you assess career side projects coming your way.


Step 3: launch side project and measure progress

Now with a career side project in place, it’s beneficial to continually measure your progress. Ideally on the framework, you continue to build your mastery / knowledge (move down) and increase your relevance to your future career path (move right). Some people are so successful / rewarded by a career side project, it actually becomes their full time career (bottom-right corner). 

One important note: as you move in either direction with a career side project, you may find–you hate it! That is ok, too–it’s a learning experience, and after all, that is what career side projects are about (and aren’t you glad you didn’t do this job full time?). See if you can readjust your scope, or wrap up your career side project and test out your next area.

In summary, Lloyd thinks career side projects can be immensely rewarding and insightful. Please get in touch with our team to learn more!

-Lloyd

Filed Under: Dear Lloyd, Extra Information

Dear Lloyd: Assessing Culture During Interviews

September 9, 2021 by Dan Gusz Leave a Comment

As a career co-pilot, Lloyd has created a new advice series titled “Dear Lloyd” to answer your burning career questions, anonymously. Inspired by the greats of advice column writing, we anonymize or generalize questions, so ask away! 

Dear Lloyd, I’m looking for my next job, and the most important part to me is finding an organization with the right team and right culture. How do I figure this out in the interview process? –Culture Connoisseur 

—

Dear Culture Connoisseur,

You ask a great question, as there is plenty of data to back why company culture is key for organizational success (including the bottom line) and individual success. To get additional perspectives on your question, we reached out to Friend of Lloyd, Lauren Hodgson. Lauren is Head of Employee Experience + Employer Branding at Pluralsight (ranked on multiple Fortune Best Company/Workplace lists) and spends a lot of time thinking about this specific topic.

Lauren emphasized the importance of your question, saying, “Yes, your future team and culture is where the magic happens! It can be tricky to uncover true team dynamics in just a few interactions during the interview process, but there’s a couple of things you can do.”

Here is Lauren’s list of three ways to assess culture during the interview process:

1. Do your research.

In doing your research, explore past the interview process to understand the team better. Check out their reviews on Glassdoor and Comparably and even better, their response to those reviews. Hop on LinkedIn, see which employees you are connected with and do a quick call or take them to coffee to hear their experience. Attend a meetup or event they’re hosting and get to know the people that work there. Talking to other people that work there is one of the best ways to understand what it’s like to work there.

2. Ask good questions.

In chatting with the team, try to ask questions like, “What’s the decision making process like?” “What are some of the philosophies of how the team creates?” “What obstacles are you facing as a team right now?” “What’s a problem you are solving right now?” “What’s the process for solving it?” These types of questions tend to uncover more of the why and how, which is important to understanding not just what they are working on but how they work together to get it done.

3. Observe it for yourself.

Interviewing for a company is a lot like dating, so take the opportunity to get to know them in a myriad of ways to see if it’s the right fit. During the interview experience, consider how they show up. Is the process more transactional or collaborative? Are there longer response times or proactive communication? Do they show up on time? With a beer in their hand? Or a mix of it all? It’s in these small moments where culture is created. So, look there. Culture is a living, breathing thing, built by all of the behaviors over time. And the more casual settings bring it out, like if you have the opportunity to go to lunch with the team or shadow them for a day. Observe the moments at the edges of the formal interview process to better understand their typical working culture. This is where you’ll get the best picture. It’s in these moments collectively that you’ll find an organization that is a good fit.

Lloyd also likes taking quick notes after conversations, as feasible, to keep track of gut reactions and colorful specifics for thank you notes. One note: there can be slight industry variations/organizational recruiting specifics, so just make sure you’re aware of those (i.e., some places may be less able to engage/or have rules regarding how to engage candidates during an interview process–or differing levels of beer in the office). If you feel more comfortable asking these questions once you receive a job offer from the company, that can be a good strategy as well.

Lauren closes by saying “There’s no one thing that will show you–instead, each interaction and response is a data point that will inform you on the full picture of what it’s like to work at that organization. Good luck!” Lloyd couldn’t agree more. 

Have more questions on this career topic? The Lloyd team is available to discuss more so please reach out here! 

-Lloyd

Filed Under: Dear Lloyd, Extra Information

  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to Next Page »

Primary Sidebar

Newsletter signup

Join our periodic newsletter to receive helpful career tips directly to your inbox.

Copyright © 2022 · We Are Lloyd, Inc.

  • Home
  • Plans
  • Company