Real Founder Lessons

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Good ideas have to look terrible

(at minute 11:35)

Founder Lesson
Someone from a large company was asking me recently how I evaluated new startup ideas. They asked in a way that made me think of Shark Tank. I suspect that he expected me to say something like "I look for a strong technology patent" or "there has to be a big vision for a big market."

How I think . . .

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January 03, 2018

Iterate your first product with a small group ideal users

(at minute 2:24)

Founder Lesson
What I like to believe about startups is that two passionate founders who love a problem have a unique insight in a space and work on that problem until something clicks.

But lately I’ve been thinking about an alternative path.

What if founders just try to solve a problem without a big mission from the . . .

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December 20, 2017

Make customer value prop one simple thing

(at minute 22:51)

Founder Lesson
Over the past week I've had two meetings with founders where I gave the same advice...

You need to identify and pin point the one magical thing that your startup will do for consumers.

This is common advice given to founders, but why?

A few thoughts...

1) Doing one thing great is . . .

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December 05, 2017

Every startup is a series of pivots

(at minute 0:33)

Founder Lesson
Last week I was having dinner with a founder who had a very good exit for his startup. Halfway through dinner he begins to reminisce about the journey. It is well-known that this startup had four distinct (large) pivots, but his narrative didn't describe it that way. Because he was the person on the front lines of this . . .

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November 21, 2017

Everything you always wanted to know about validating B2C startups (but were afraid to ask)

(at minute 8:57)

Founder Lesson
Yesterday I was talking with a first-time founder about the process of validating her B2C startup idea. Before she even decided to pursue her idea she did a survey with a bunch of consumers asking basic questions about the space and their habits.

People responded as she expected, so she decided to go all-in.

. . .

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November 06, 2017

Thank you David Cummings

Founder Lesson
On Saturday morning I was going through email and noticed the latest blog post from David Cummings...

Silvrback blog image
Like many founders in Atlanta, I read almost every post from David. Besides finding personal nuggets that I've been able to use over the years, I've lost track of the number of founders who have . . .

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August 15, 2017

Startups are learning machines

(at minute 9:35)

Founder Lesson
Every founder has super powers and blind spots. The hope is that the results that come from the super powers far outweigh any problems that are caused by the blind spots. Once a company is growing you can hire to offset blind spots, but early on it's really about one side overwhelming the other for the founding team.

. . .

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August 01, 2017

Archive

All Categories: all(115) podcast(102) process(89) focus(80) product(70) counterintuitive things(65) product market fit(64) business model validation(60) solving a problem(58) mvp(57) unique playbook(48) traction(43) founders(40) execution(36) my favorites(36) hustle(34) first principles(33) value proposition(32) video(32) this week in startups(30) jason calacanis(28) ycombinator(24) persistency(24) engagement(23) lean startup(20) resiliency(19) super fans(19) vision(16) psychological friction(16) purpose(15) customer discovery(15) niche products(15) growth(13) stanford university(13) vc(12) creativity(11) raising capital(11) micromanagement(10) pattern matching(10) marketing(10) aaron harris(10) matt goldman(9) financing(9) jay acunzo(9) michael sacca(9) nextview ventures(9) delusion(9) pivot(9) scalability(9) competition(8) team(8) bootstrapping(7) advisors(7) rocketship.fm(7) sidenote(7) retention(5) joelle steiniger(5) wharton business radio(5) risk(5) how i built this(5) mixergy(5) timing(4) joelle goldman(4) andrew warner(4) sam altman(4) focus groups(4) hypepotamus(4) brand(4) a16z(4) culture(4) kat manalac(3) 33voices(3) distribution(2) product hunt radio(2) recode decode(2) eric ries(2) network effect(2) dorm room tycoon(2) listen to entire podcast(2) masters of scale(2) startups for the rest of us(2) kara swisher(2) domain expertise(2) optimal living daily(1) twenty minute vc(1) joshua reeves(1) accelerators(1) tim ferriss(1) loose threads(1) chris sacca(1) mentoring(1) founder's journey(1) indie.vc(1) mentors(1) fred wilson(1) time(1) home