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Real Founder Lessons

Most features don't matter

(at minute 7:04)

Founder Lesson
One of the most counterintuitive lessons that I’ve learned about startups is that most features don’t matter. Having learned this lesson the hard way and talked with lots of startups founders, I can confidentially say that the vast majority of startup founders can’t pinpoint the one feature that their customers will love and . . .

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February 14, 2017

Startups come from where people aren't paying attention

(at minute 44:19)

Founder Lesson
Over the past few weeks - for no particular reason - my mind has been focused on the topic of unique product visions. Partly fueled by some recent thinking about MailChimp and Snapchat, I find myself thinking about what it means to have a truly contrarian view of the world.

With all of these thoughts swirling around in my head, . . .

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October 04, 2016

Startups are all about testing assumptions quickly

(at minute 4:18)

Founder Lesson
Recently I was meeting with a first-time founder who has been working on his bootstrapped startup for two years. When I asked about his progress, he said that the first version of their app was just released into the app store.

Without going into specifics, this founding team - like most founding teams - has a very unique . . .

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August 25, 2016

New products need a clear vision

(at minute 21:50)

Founder Lesson
How would you like to be a startup competing with Apple? I love competing with big/slow/dumb companies, but Apple isn’t one that I’d want as a competitor.

The founder in this podcast didn’t feel that way. He founded Pebble…a watch that made crowdfunding history in 2012 when it raised $10 million and broke that record again in . . .

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July 06, 2016

Why does a focused product win?

(at minute 26:44)

Founder Lesson
Focus. Focus. Focus.

This is one of the most common pieces of advice given to startup founders. As with most advice, it’s much easier to say that do…especially when it’s you in the situation and are faced with dozens of bright & shiny opportunities and death-defying uncertainties every day as a startup founder.

This . . .

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April 06, 2016

At the very beginning focus on a niche, passionate group of potential customers

(at minute 25:04)

Founder Lesson
Founders who focus on their own passion projects are often told that their ideas are too niche & small. While this is sometimes the case, it’s important to remember...

  • Lots more people are coming online and spending more money online, so all online markets are growing over time.

  • Many successful startups were niche products . . .

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January 19, 2016

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