(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, . . .
Posted in: executionengagementcustomer discoveryfirst principleslean startupniche productscounterintuitive thingsvisionvalue propositionunique playbookprocessmvpfocussolving a problemproduct market fitstanford universityvideosuper fansbusiness model validationproductall
(at minute 13:46)
Two years ago I was working with my co-founder to help renovate an old building in downtown Atlanta to become a startup hub. We didn't know anything about construction, so there were lots of lessons. Perhaps the biggest lesson was that construction is a process with lots of fits & starts. You decide one day to put a . . .
(at minute 15:20)
Startups are tricky business for many reasons. One of the trickiest of reasons is the notion of “truth.”
When you have a new idea that you think will make lots of people much happier, but you haven’t built anything yet, you have to weave such a dream that you make everyone believe in your vision. Then you have to . . .
(three lessons in one podcast)
Every so often I run across a startup podcast that has a bunch of lessons in it, so it’s difficult to choose just one. That happened with this podcast. Every few minutes I was taking down a new lesson, so I figured the best thing to do was to mention them all.
In this podcast, the co-founder of ModCloth made three . . .
(at minute 23:44)
Startup culture. Of all the startup terms that get thrown around and discussed, the concept of “culture” is one that seems to be the least understood.
First off…I’m no expert on this topic. As a matter of fact, I’ve probably not thought about this topic much more than the average founder. But I did start a startup . . .
(at minute 56:39)
Most first-time founders (and even lots of experienced founders) begin to think about any startup in terms of a product/solution. Like Peter Rojas, the founder being interviewed in this podcast, I find myself constantly giving the advice to think of all new ideas in terms of the main problem that customers have. This advice . . .
Posted in: sidenotelean startupcounterintuitive thingstractionvalue propositionprocessandrew warnermixergymvpfocussolving a problemproduct market fitstanford universitymy favoritespodcastbusiness model validationproductallfirst principles
(at minute 26:16)
One thing that I’ve come to realize recently is how rare it is to come up with an idea for a new venture and have it get to a reasonable size.
Think about all of the people that you interact with on a daily/weekly/monthly basis - how many of them have ever written an idea on a napkin and then grown that idea into a . . .