Real Founder Lessons
The best startup advice from experienced founders...one real-world lesson at a time.
The whole concept of a startup is that the business model isn’t proven
(at minute 30:01)
Common Founder Issue
Just a few years ago I had an epiphany regarding how the very early participants in a startup - particularly founders and initial “friends and family” investors - should feel about the likelihood of success of a new venture. Prior to this moment, I considered every phase to be pretty much the same as a startup grew. . . .
Focus all of your resources on the one key risk in your business
(at minute 41:10)
Common Founder Issue
I've spent the better part of 20 years working on startups and thinking about what makes founders successful. The single most important lesson that I’ve learned is that focus is the biggest competitive advantage that startups have, so I’m always on the lookout for additional thoughts on this topic. In this podcast . . .
Competition doesn’t kill startups
(at minute 18:45)
Common Founder Issue
I decided to make my very first blog post this one because it’s the link that I send the most to founders. The topics “what matters most to my startup?” and “how should we think about competition?” are endlessly fascinating to me because startups by nature have very limited resources, so focusing on what matters is . . .
