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Real Founder Lessons

Resiliency is the most important founder trait

(at minute 18:22)

Founder Lesson
There’s a lot written about the importance of the resiliency of startup founders. I don’t like to write blog posts unless I can contribute something unique to the topic, so when I first heard the people on this podcast talk about resiliency, I was expecting the same old same old with nothing much blog-worthy here. But about . . .

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December 16, 2015

What angel investors want to see

(at minute 41:46)

Founder Lesson
As a group of investors, angel investors fall into a tricky middle ground that founders should understand and appreciate. Angels are typically individuals who are able to invest $10,000 to $100,000 personally. Most angels that I encounter act like friends & family investors - they focus on the people and idea. Like your . . .

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December 14, 2015

Talk with competitors

(at minute 15:54)

Founder Lesson
It’s common knowledge that talking with users is the best way to understand a potential market for a new startup. Less known, but also valuable, is talking with investors who invest in the space. Maybe even less accepted is a third way…talking with competitors.

In this podcast an experienced founder describes why talking with . . .

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December 10, 2015

The only metric that really matters for an early startup

(at minute 7:05)

Founder Lesson
Momentum is oxygen for startups. This is something that I’ve experienced many times. Momentum can be anything that motivates you and your team. Getting selected for a big conference. Convincing a local angel to invest. Getting a good press story. All of these small victories keep the founders going and make the difficult . . .

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December 03, 2015

It's really hard to get minimum viable product right

(at minute 24:01)

Founder Lesson
Since product-market fit is maybe the most important step in a new startup, deciding what to test and what initial product to create becomes pretty important. I find that most founders do the “kitchen sink” method of including everything. This methods takes too much time and money. Another group goes the Lean Startup route and . . .

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December 02, 2015

Who are your real competitors?

(at minute 21:54)

Founder Lesson
Over the years I’ve struggled with how to think about competition. There are obvious competitors in your industry that you can find with a simple Google search, but I’ve found that the best founders think more deeply about this topic.

The best founders fixate on their primary customer value proposition and who else fully or . . .

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November 25, 2015

A good startup education for anyone

For this post, I decided to switch things up a bit to give a little backstory on where I get most of the content for my blog.

I frequently have coffee meetings with first-time founders where they ask for advice on how to learn the basics of startups.

Here are the best four ways to learn about startups...

1) Best way - Leave your job and . . .

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November 20, 2015

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