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	<title>Common Media, Inc. &#187; solvency</title>
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		<title>One year</title>
		<link>http://www.commonmediainc.com/2008/06/05/one-year/</link>
		<comments>http://www.commonmediainc.com/2008/06/05/one-year/#comments</comments>
		<pubDate>Thu, 05 Jun 2008 15:46:17 +0000</pubDate>
		<dc:creator>pjmorse</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[anniversaries]]></category>
		<category><![CDATA[founding]]></category>
		<category><![CDATA[solvency]]></category>

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		<description><![CDATA[Common Media is one year old, and ready for another one.]]></description>
			<content:encoded><![CDATA[<p>There are several dates we could use as milestones in the launch of Common Media: the day we agreed, in<a href="http://www.commonkitchen.com/restaurant/US/MA/Medford/Roses-Chinese-Restaurant"> Rose&#8217;s</a>, that we&#8217;d give this startup thing a shot. The first few days of business-plan writing. The day our incorporation paperwork asserts was our start date. But the beginning of June was when we actually sat down and started coding on <a href="http://www.commonkitchen.com/">Common Kitchen</a>, the time we really became full-time employees of ourselves.</p>
<p>So it&#8217;s been a year now. It doesn&#8217;t seem like that long, and it certainly hasn&#8217;t conformed at all to the grandiose numbers we put in the (now long-obsolete) business plan. We even have direct deposit now, so we can&#8217;t claim to be signing our own paychecks anymore.</p>
<p>There are plenty of startups in the world which don&#8217;t make it to their first birthday, though, and like children, the longer a startup stays in business, the longer it&#8217;s likely to stay in business. Our first year made it more likely that we&#8217;ll finish a second, and we&#8217;re actually pretty confident about that second year right now.</p>
<p>And the business plans in our heads still have some interesting things in them, so stay tuned.</p>
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