(at minute 13:03)
A trusted startup friend came to me the other day with a new idea...
He just bought a house, so he's thinking a lot about paying contractors for large projects and doing smaller projects himself. There are lots of videos on YouTube about small home projects (eg cutting down vines on the side of your home), but people lack . . .
Posted in: masters of scalepivotexecutionengagementfirst principlescounterintuitive thingstractionvalue propositionunique playbookhustleprocessfocussolving 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 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 6:42)
I remember the first time that someone experienced told me some version of this advice...
"Don't waste your time with that investor...they don't invest in your type of startup."
"Don't waste your time with that investor...they aren't that active."
"Don't waste your time with that . . .
(at minute 8:57)
Yesterday I was talking with a first-time founder about the process of validating her B2C startup idea. Before she even decided to pursue her idea she did a survey with a bunch of consumers asking basic questions about the space and their habits.
People responded as she expected, so she decided to go all-in.
That means the idea . . .
Posted in: bootstrappinghow i built thisexecutionengagementcustomer discoveryfirst principlesadvisorslean startupmicromanagementcounterintuitive thingstractionvalue propositionunique playbookprocessmvpfocusproduct market fitmarketingmy favoritespodcastbusiness model validationproductall
(at minute 5:58)
If you spend any amount of time around startups, you won't hear many phrases more than "product-market fit." It's used so much for good reason...until some percent of your users love what you are doing, nothing else matters. Sidenote: the definition of "love" can be found here.
Whenever I think about . . .