(at minute 0:33)
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 . . .
Posted in: delusiona16zpivotexecutionpurposepersistencyfirst principleslean startupcounterintuitive thingstractionresiliencyhustleprocessmvpfocussolving a problemproduct market fitmy favoritespodcastbusiness model validationall
(at minute 4:19)
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 tomorrow . . .
(at minute 19:31)
About a year ago I was talking with a founder going through Techstars and he told me something that really stuck with me...
Our behavior towards our startup totally changed when it occurred to us that we are the rule...not the exception.
In other words, this delusional founder (he's delusional because all founders are . . .
Like many founders in Atlanta, I read almost every post from David. Besides finding personal nuggets that I've been able to use over the years, I've lost track of the number of founders who have emailed me links from . . .
(at minute 31:15)
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 . . .
Posted in: my favoritesproduct market fitexecutionengagementpersistencyfocus groupscustomer discoveryniche productscounterintuitive thingstractionvalue propositionunique playbookprocessmvpfocussolving a problemfounderssuper fanspodcastbusiness model validationproductall33voices
(at minute 9:35)
Every founder has super powers and blind spots. The hope is that the results that come from the super powers far outweigh any problems that are caused by the blind spots. Once a company is growing you can hire to offset blind spots, but early on it's really about one side overwhelming the other for the founding team.
One of . . .
Posted in: executionpersistencyfirst principlescounterintuitive thingstractionunique playbookhustleprocessfocussolving a problemproduct market fitfoundersvideoycombinatorpodcastbusiness model validationproductall
(at minute 0:59)
If you are a regular reader of my blog then you know that I frequently talk about “knowing your space (and adjacent spaces) cold,” so that you can increase your odds of finding a 10x better product. In other words, learn as much as you can from other efforts around the country. This is particularly important in towns (like mine . . .