(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 timeframe - . . .
Posted in: delusionpivotexecutioncustomer discoverylean startupmicromanagementpsychological frictionniche productscounterintuitive thingsvalue propositionunique playbooksidenoteresiliencyprocessmvpfocussolving a problemproduct market fitmy favoritespodcastbusiness model validationproductall
(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.
Last . . .
Posted in: pivotfocus groupsfirst principlespsychological frictionniche productscounterintuitive thingstractionunique playbookresiliencyprocessmvpfocussolving a problemproduct market fitvideoycombinatorbusiness model validationall
(at minute 15:43)
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 . . .
Posted in: delusion33voicesbootstrappingpivotexecutionengagementpurposepersistencypsychological frictioncounterintuitive thingstractionunique playbookresiliencyprocessmvpfocussolving a problemproduct market fitfoundersycombinatormy favoritespodcastbusiness model validationproductall
(at minute 2:44)
Last week I was talking with a founder who was getting ready to raise money for the first time. During the course of our conversation it occurred to me that he's thinking the thoughts that all founders think before fundraising for the first time...
"Investors are going to meet me and hear my idea and in short order . . .
(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 all . . .
Posted in: listen to entire podcastexecutionengagementfirst principleslean startuppsychological frictionniche productscounterintuitive thingshustlegrowthprocessmvpfocusproduct market fitsam altmansuper fansycombinatormy favoritespodcastbusiness model validationproductallmasters of scale
(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 about new . . .
Posted in: delusionpivotexecutionengagementpurposepersistencycustomer discoveryfirst principlespattern matchingpsychological frictionniche productscounterintuitive thingsvisionunique playbookresiliencyprocessmvpsolving a problempodcastbusiness model validationproductall
(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 . . .