(at minute 4:09)
Everyone knows that startups are “hard.” Ask anyone why this is the case and they’ll say things like “startups are risky” or “raising money is difficult.” While those things are true, they are only surface-level characteristics of startups. They don’t truly pinpoint why founders find the startup journey much more difficult than . . .
(at minute 19:29)
Every startup pivots.
If you are founder - particularly if it’s your first startup - this is an incredibly daunting statement. You are smart. You’ve had this problem for a long time. Your initial product solves your problem. Plus you’ve been thinking about and working on this idea for 6/12/18/24 months (or longer).
So how can . . .
Posted in: executionpurposepersistencyfirst principlescounterintuitive thingstractionvalue propositionunique playbookresiliencyprocessmvpfocussolving a problemproduct market fitpodcastbusiness model validationproductallhow i built thispivot
(at minute 7:10)
Sequoia is one of the top venture firms and Roelof Botha is one of their top investors. As with all members of the PayPal Mafia, I pay particular attention when I hear them speak because that group is so thoughtful about how disruptive companies are created. And Roelof in particular is very thoughtful.
In this podcast Roelof is . . .
Posted in: engagementdistributioncustomer discoverylean startupcounterintuitive thingstractionvalue propositionfinancingprocessmvpraising capitalvcfocussolving a problemproduct market fitmarketingjason calacanisthis week in startupspodcastbusiness model validationproductall
(at minute 7:04)
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 . . .
Posted in: executionengagementniche productscounterintuitive thingstractionvalue propositionprocessmvpcompetitionfocussolving a problemproduct market fitvideojason calacanisthis week in startupspodcastbusiness model validationproductall
(at minute 4:05)
Anyone who reads my blog knows that I’m a product-first founder. I just looked at the various tags that I use for my blog and 40 of my blog posts (over half) are tagged “product.” I love product.
I focus so much on product because I believe it’s like the foundation of a house. If you make the foundation amazing, then everything . . .
Posted in: engagementbrandcounterintuitive thingstractionvalue propositionunique playbookgrowthprocessmvpfocussolving a problemproduct market fitvideosuper fansmarketingjason calacanisthis week in startupsmy favoritespodcastbusiness model validationproductall
(at minute 19:48)
I left my last startup about two years ago. Ever since then the topic that has most fascinated me is how disruptive companies are launched from the earliest moment that the founder has a special insight...what I call the "idea stage."
In order to focus full-time on this problem, I joined a long-time friend and . . .
Posted in: timingpersistencyfirst principlesadvisorscounterintuitive thingshustleprocessfocussolving a problemproduct market fitfounderspodcastmatt goldmanjoelle steinigermichael saccarocketship.fmbusiness model validationall
(at minute 4:57)
This morning I was having coffee with a first-time founder discussing his new business idea. Like many (first time and experienced) founders, he spent most of the conversation discussing “at scale” issues. These are issues that become hurdles down the line (eg partnerships that drive new customer acquisition, legal issues, . . .