Make one doughnut
(at minute 13:01)
There’s a doughnut shop in my neighborhood called Revolution Doughnuts. As a neighbor I can attest that they are a tremendous local success story and their ratings on Yelp put them in the top 15% of all restaurants in town.
I lived nearby before they launched their first location, so I saw how the owner . . .
Focus on problem being solved rather than technical difficulty of solution
(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, . . .
Creativity loves constraint
(at minute 19:11)
I don't know where I first heard this notion, but on a monthly basis I think about the counterintuitive concept that creativity loves constraint.
On a personal level I'm a moderate procrastinator for most things. Over the years I've found that forcing myself to get 50% of the work done in a tight . . .
Permission to say "it's not working"
(at minute 0:22)
I've been a casual advisor to a well-known B2C brand/founder in Atlanta for a few years now. When I met him in 2014 I was super impressed by his love of the problem and his ability to walk through walls. And I wasn't the only one...he's been able to raise capital from some great investors across the country.
It's all about love (not likes)
(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 . . .
Good ideas have to look terrible
(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 . . .
Iterate your first product with a small group ideal users
(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 . . .