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Real Founder Lessons

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Iterate your first product with a small group ideal users

(at minute 2:24)

Founder Lesson
What I like to believe about startups is that two passionate founders who love a problem have a unique insight in a space and work on that problem until something clicks.

But lately I’ve been thinking about an alternative path.

What if founders just try to solve a problem without a big mission from the . . .

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December 20, 2017

Make customer value prop one simple thing

(at minute 22:51)

Founder Lesson
Over the past week I've had two meetings with founders where I gave the same advice...

You need to identify and pin point the one magical thing that your startup will do for consumers.

This is common advice given to founders, but why?

A few thoughts...

1) Doing one thing great is . . .

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December 05, 2017

Every startup is a series of pivots

(at minute 0:33)

Founder Lesson
Last week I was having dinner with a founder who had a very good exit for his startup. Halfway through dinner he begins to reminisce about the journey. It is well-known that this startup had four distinct (large) pivots, but his narrative didn't describe it that way. Because he was the person on the front lines of this . . .

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November 21, 2017

Focus your time on the right investors

(at minute 6:42)

Founder Lesson
I remember the first time that someone experienced told me some version of this advice...

  • "Don't waste your time with that investor...they don't invest in your type of startup."

  • "Don't waste your time with that investor...they aren't that active."

  • "Don't . . .

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November 15, 2017

Everything you always wanted to know about validating B2C startups (but were afraid to ask)

(at minute 8:57)

Founder Lesson
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.

. . .

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November 06, 2017

The job of the founder/CEO is to say "no"

(at minute 4:19)

Founder Lesson
I'm a huge fan of hack tests. For example, let's say you believe that gardeners will buy more gardening equipment if you create a content-focused startup where the content's goal is to drive e-commerce. Instead of spending months building a site/app, setup a MailChimp account today and start sending emails . . .

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October 05, 2017

Do the simple thing first

(at minute 13:46)

Founder Lesson
Two years ago I was working with my co-founder to help renovate an old building in downtown Atlanta to become a startup hub. We didn't know anything about construction, so there were lots of lessons. Perhaps the biggest lesson was that construction is a process with lots of fits & starts. You decide one day to put a . . .

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September 27, 2017

Archive

All Categories: all(112) podcast(102) process(87) focus(80) product(70) counterintuitive things(64) product market fit(63) business model validation(60) solving a problem(58) mvp(57) unique playbook(48) traction(43) founders(40) my favorites(36) execution(35) first principles(33) hustle(33) value proposition(32) video(32) this week in startups(30) jason calacanis(28) ycombinator(24) persistency(24) engagement(23) lean startup(20) super fans(19) resiliency(19) psychological friction(16) vision(16) niche products(15) purpose(15) customer discovery(15) stanford university(13) growth(13) vc(12) creativity(11) raising capital(10) marketing(10) micromanagement(10) aaron harris(10) jay acunzo(9) scalability(9) matt goldman(9) financing(9) michael sacca(9) nextview ventures(9) pattern matching(9) pivot(9) delusion(8) competition(8) team(8) bootstrapping(7) sidenote(7) rocketship.fm(7) advisors(6) retention(5) risk(5) wharton business radio(5) joelle steiniger(5) how i built this(5) mixergy(5) brand(4) hypepotamus(4) andrew warner(4) joelle goldman(4) sam altman(4) culture(4) a16z(4) focus groups(4) timing(4) 33voices(3) kat manalac(3) kara swisher(2) distribution(2) recode decode(2) product hunt radio(2) dorm room tycoon(2) masters of scale(2) network effect(2) startups for the rest of us(2) listen to entire podcast(2) eric ries(2) founder's journey(1) indie.vc(1) fred wilson(1) chris sacca(1) joshua reeves(1) time(1) accelerators(1) loose threads(1) tim ferriss(1) twenty minute vc(1) domain expertise(1) optimal living daily(1) home