(at minute 9:22)
A few years ago I had an epiphany moment about startups...the best founders are problem solvers. They see the world as infinitely malleable and proceed to think about ways to change it to add value. This might sound obvious, but when you compare "problem solving" to money, power or fame as primary career drivers, . . .
Posted in: allbusiness model validationcounterintuitive thingscustomer discoveryengagementexecutionfirst principlesfocuslean startupmvpniche productsprocessproductproduct market fitsolving a problemstanford universitysuper fansunique playbookvalue propositionvideovision
(at minute 4:19)
I was recently talking with a founder. Last year he and I were spending a bunch of time together as he manually tested his theory of human behavior. At the time he had a full-time job and the manual test that I helped him execute had some holes, so I don't believe that he validated an intense enough consumer use case in . . .
Posted in: allbusiness model validationcounterintuitive thingsengagementexecutionfocuslean startupmvppersistencypivotpodcastprocessproductproduct market fitsolving a problemunique playbookvalue propositionvideoycombinator
(at minute 13:03)
A trusted startup friend came to me the other day with a new idea...
He just bought a house, so he's thinking a lot about paying contractors for large projects and doing smaller projects himself. There are lots of videos on YouTube about small home projects (eg cutting down vines on the side of your home), but . . .
Posted in: allbusiness model validationcounterintuitive thingsengagementexecutionfirst principlesfocushustlemasters of scalemy favoritespivotpodcastprocessproductproduct market fitsolving a problemtractionunique playbookvalue proposition
(at minute 15:43)
There isn't a topic that interests me more than product-market fit. In the 2007 - 2010 timeframe I went from a lifestyle business (where I could fool myself that it was high-growth) to a high-growth startup (where you didn't have to wonder if it had product-market fit) and that transition completely changed the way . . .
Posted in: 33voicesallbootstrappingbusiness model validationcounterintuitive thingsdelusionengagementexecutionfocusfoundersmvpmy favoritespersistencypivotpodcastprocessproductproduct market fitpsychological frictionpurposeresiliencysidenotesolving a problemtractionunique playbookycombinator
(listen to the whole thing)
There's only been two times that I've referenced a podcast in one of my blog posts, but not referenced an exact moment for the reader to listen to hear the lesson. First there was this one and today I'm going to do it again. In both instances the podcast has so many good lessons throughout that I would encourage . . .
Posted in: allbusiness model validationcounterintuitive thingsengagementexecutionfirst principlesfocusgrowthhustlelean startuplisten to entire podcastmasters of scalemvpmy favoritesniche productspodcastprocessproductproduct market fitpsychological frictionsam altmansuper fansycombinator
(at minute 11:35)
Someone from a large company was asking me recently how I evaluated new startup ideas. They asked in a way that made me think of Shark Tank. I suspect that he expected me to say something like "I look for a strong technology patent" or "there has to be a big vision for a big market."
How I think . . .
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(at minute 2:24)
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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