History is often re-written over time. A great example of this is startups that are successful. After reaching a certain level - for a bunch of good reasons - the origin story of startups is altered for PR reasons. The re-written story goes something like “the underdog founder had grand plans from the very beginning and has now executed flawlessly."
Unfortunately this masks what often happens in the earliest days…the first kernel of the idea is often just a fascination (maybe even an obsession) of the founder to solve a problem - not a “grand plan” at all. Then they only fall into starting an actual business once they see some customer traction. And even once the founder begins to think about this effort as a "startup," this philosophy doesn't even change much for a while.
In this podcast, the founder of a high-growth startup is discussing how his passion for crowdfunding led him to start something in that space.
Get Right to the Lesson
I’d recommend listening to the entire thing, but to get right to the point go to minute 16:10 of this podcast.
Thanks to these folks for helping us all learn faster
James Beshara (@jjbeshara), co-founder of Tilt (@tilt)
Y Combinator (@ycombinator)
Paul Graham (@paulg) of YC (@ycombinator)
Aaron Harris (@harris) of YC (@ycombinator)
Please let me and others know what you think about this topic
Email me privately at email@example.com or let's discuss publicly at @davempayne.
Real Founder Lessons
The best startup advice from experienced founders...one real-world lesson at a time.