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Real Founder Lessons

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Product-market fit isn’t rational

(at minute 15:43)

Founder Lesson
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 I . . .

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February 21, 2018

It's all about love (not likes)

(listen to the whole thing)

Founder Lesson
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 all . . .

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February 06, 2018

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

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.

That means the idea . . .

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November 06, 2017

Why founders don't heed good advice

(at minute 00:49)

Founder Lesson
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 . . .

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August 30, 2017

Savor the surprise

(at minute 31:15)

Founder Lesson
I'm working closely with two startups right now that are somewhere between launching an MVP product and getting their first few hundred customers. Both founders are trying to determine if they have product-market fit, but not quite enough customers have used the product. Over the next six months both will be able to do a . . .

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August 09, 2017

Don't grow until you have product-market fit

(at minute 2:11)

Founder Lesson
A few days ago I ran across this blog post. It’s the announcement from Shyp that they are cutting headcount and closing expansion markets to focus on profitability. Too many similar outcomes come to mind recently…Sprig, HomeHero, Zirtual, Beepi, Good Eggs & Homejoy. And these are just the ones that immediately come to mind. . . .

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July 25, 2017

Archive

All Categories: all(103) podcast(95) process(79) focus(72) product(63) product market fit(56) counterintuitive things(55) business model validation(52) mvp(50) solving a problem(50) founders(40) unique playbook(39) traction(38) my favorites(31) this week in startups(30) video(29) hustle(29) first principles(28) jason calacanis(28) execution(28) value proposition(27) ycombinator(22) persistency(22) engagement(20) super fans(17) resiliency(16) lean startup(16) vision(15) psychological friction(14) purpose(13) customer discovery(12) vc(12) stanford university(12) growth(11) niche products(11) aaron harris(10) creativity(10) raising capital(10) jay acunzo(9) scalability(9) financing(9) nextview ventures(9) micromanagement(9) marketing(9) matt goldman(8) team(8) pattern matching(8) michael sacca(8) competition(8) bootstrapping(7) delusion(6) rocketship.fm(6) advisors(5) mixergy(5) how i built this(5) wharton business radio(5) risk(5) joelle steiniger(4) joelle goldman(4) andrew warner(4) sam altman(4) retention(4) culture(4) hypepotamus(4) pivot(4) brand(4) sidenote(4) focus groups(3) a16z(3) 33voices(3) kat manalac(3) timing(3) distribution(2) eric ries(2) listen to entire podcast(2) network effect(2) startups for the rest of us(2) dorm room tycoon(2) product hunt radio(2) chris sacca(1) joshua reeves(1) founder's journey(1) indie.vc(1) recode decode(1) kara swisher(1) masters of scale(1) domain expertise(1) optimal living daily(1) accelerators(1) fred wilson(1) tim ferriss(1) twenty minute vc(1) home