(at minute 8:57)
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.
That means the idea . . .
Posted in: bootstrappinghow i built thisexecutionengagementcustomer discoveryfirst principlesadvisorslean startupmicromanagementcounterintuitive thingstractionvalue propositionunique playbookprocessmvpfocusproduct market fitmarketingmy favoritespodcastbusiness model validationproductall
(at minute 00:49)
I don't have all the answers. No one does.
Your best advisor doesn't have all the answers. The best VC on Sand Hill Road doesn't have all the answers. The best founder doesn't have all the answers. That's why startups are so tricky...every straight-forward problem has been solved. So what's left (by . . .
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 emailed me links from . . .
(at minute 19:48)
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 . . .
Posted in: timingpersistencyfirst principlesadvisorscounterintuitive thingshustleprocessfocussolving a problemproduct market fitfounderspodcastmatt goldmanjoelle steinigermichael saccarocketship.fmbusiness model validationall
(at minute 26:16)
One thing that I’ve come to realize recently is how rare it is to come up with an idea for a new venture and have it get to a reasonable size.
Think about all of the people that you interact with on a daily/weekly/monthly basis - how many of them have ever written an idea on a napkin and then grown that idea into a business . . .