Real Founder Lessons
The best startup advice from experienced founders...one real-world lesson at a time.
Remain true to your product vision
(at minute 10:52)
Founder Lesson
It’s always great to see startups hit their stride. I’m fortunate to know the founders of MailChimp and I’ve enjoyed seeing their rapid rise over the past decade. Another company that seems to be experiencing a similar rise is Snapchat.
Two years ago I heard this podcast on Product Hunt Radio. The two founders . . .
Avoid distractions and focus only on what matters most
(at minute 2:27)
Founder Lesson
Everyone has that one initial failure that helps inform their future startup work. For some people it might have been something low-risk while they were in school. For me it was my first startup in San Francisco. For the the founder in this podcast, his first “bad” startup came out of a side project in 2006.
What . . .
Why execution is what really matters
(at minute 52:09)
Founder Lesson
One of the most common pieces of advice about startups is...
The idea doesn’t matter. It’s all about execution.
When founders ponder this statement, they often translate it into “ideas are a dime a dozen” or “ignore competition.” What is often difficult to fully grasp - until you’ve lived it - is how . . .
Raising money is never easy, so find true believers
(at minute 41:36)
Founder Lesson
When I first started raising money for startups, a very experienced attorney told me that every round would take six months. What I came to find out is that the reality is more like six to nine months. To new founders this might sound surprisingly long, but this has been the case for me every time.
One piece of . . .
Startups are all about testing assumptions quickly
(at minute 4:18)
Founder Lesson
Recently I was meeting with a first-time founder who has been working on his bootstrapped startup for two years. When I asked about his progress, he said that the first version of their app was just released into the app store.
Without going into specifics, this founding team - like most founding teams - has a very . . .
My 50th blog post
Founder Lesson
Last summer I decided that I would try my hand at blogging. A few things had come together in my startup journey, so with this first post I was in business.
Almost a year (and a few hundred readers) later and I’m still really enjoying it. Each writing session allows me to organize my thoughts about an important . . .
Just put up a landing page and get some press
(at minute 14:23)
Founder Lesson
I was recently talking with an ex-NFL player about his new startup. His startup helps amateur athletes measure their performance and compare with others. He gave me the full pitch and then said, “a big advantage I have (as the founder) is that I’ve been to the ‘promised land,’ so it gives me some credibility.” Of course he . . .
