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Real Founder Lessons

Are you working on the right thing right now?

(at minute 19:48)

Founder Lesson
I left my last startup about two years ago. Ever since then the topic that has most fascinated me is how disruptive companies are launched from the earliest moment that the founder has a special insight...what I call the "idea stage."

In order to focus full-time on this problem, I joined a long-time friend and . . .

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January 10, 2017

Focus on one key metric

(at minute 4:57)

Founder Lesson
This morning I was having coffee with a first-time founder discussing his new business idea. Like many (first time and experienced) founders, he spent most of the conversation discussing “at scale” issues. These are issues that become hurdles down the line (eg partnerships that drive new customer acquisition, legal issues, . . .

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December 13, 2016

The pit of despair

(at minute 30:49)

Founder Lesson
The common belief is that you become a founder the day that you leave your day job to focus full-time on a new startup idea.

I’m beginning to believe that the path is more like this...

Step #1 You start off with a problem that you want to solve.

Step #2 You have a vision of what the future with look like.

Step #3 You come up . . .

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December 07, 2016

Example of not having product-market fit

(at minute 6:20)

Founder Lesson
I’ve spent a decade of my life in the “local discovery” part of the startup universe. In 2009 I co-founded a company called Scoutmob, a very early entrant into the part of the local discovery space that Groupon kicked-off a year earlier. This was after working for two years on the same problem with a different startup product.

. . .

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November 15, 2016

Test investor reactions before running a full process

(at minute 33:33)

Founder Lesson
Once founders have a good handle on their startup, the topic of raising money is never too far behind. Because raising capital takes so much time & energy I’m always looking for lessons to help me think about this topic.

This podcast captured my attention because the founders detailed a step-by-step process that they used . . .

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November 10, 2016

Startups come from where people aren't paying attention

(at minute 44:19)

Founder Lesson
Over the past few weeks - for no particular reason - my mind has been focused on the topic of unique product visions. Partly fueled by some recent thinking about MailChimp and Snapchat, I find myself thinking about what it means to have a truly contrarian view of the world.

With all of these thoughts swirling around in my head, . . .

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October 04, 2016

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 discussed how . . .

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September 27, 2016

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