(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 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 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 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 . . .
(at minute 2:56)
Startups are creative exercises. This is true because the path to creating a tool/brand/mission to solve a problem isn't known. If it were known/correct/big, it would already exist.
If you've ever done much long-form writing, it's like that. The basics of your story are in your head (eg a new college graduate moves . . .
(at minute 4:56)
I’ve wrestled with a topic behind the scenes in writing my blog over the past two years…should I speak about startups topics cleanly (but less exact) or be as exact as possible (and risk watering-down the message)?
In writing about startups it has struck me that most “educators” or "advisors" on topics speak in broad . . .
Posted in: bootstrappingpersistencylean startupmicromanagementpsychological frictioncounterintuitive thingsunique playbookresiliencyhustlescalabilityprocessmvpfocussolving a problemproduct market fitfoundersjason calacanisthis week in startupsmy favoritespodcastproductall
(at minute 2:03)
Last week I had the opportunity to meet-up with Bryce and the Indie.vc team during their quarterly retreat in Atlanta. I’ve been a fan of their approach since they launched, but hadn’t gotten a deep dive into their model until then.
In a nutshell, the Indie approach is to give a founder options. If they push hard for a year or . . .