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Real Founder Lessons

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Focus your time on the right investors

(at minute 6:42)

Founder Lesson
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 . . .

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November 15, 2017

Everything you always wanted to know about validating B2C startups (but were afraid to ask)

(at minute 8:57)

Founder Lesson
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.

. . .

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November 06, 2017

Focus on the what not the how

(at minute 5:58)

Founder Lesson
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 . . .

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August 23, 2017

Savor the surprise

(at minute 31:15)

Founder Lesson
I'm working closely with two startups right now that are somewhere between launching an MVP product and getting their first few hundred customers. Both founders are trying to determine if they have product-market fit, but not quite enough customers have used the product. Over the next six months both will be able to do . . .

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August 09, 2017

Startups are learning machines

(at minute 9:35)

Founder Lesson
Every founder has super powers and blind spots. The hope is that the results that come from the super powers far outweigh any problems that are caused by the blind spots. Once a company is growing you can hire to offset blind spots, but early on it's really about one side overwhelming the other for the founding team.

. . .

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August 01, 2017

Don't grow until you have product-market fit

(at minute 2:11)

Founder Lesson
A few days ago I ran across this blog post. It’s the announcement from Shyp that they are cutting headcount and closing expansion markets to focus on profitability. Too many similar outcomes come to mind recently…Sprig, HomeHero, Zirtual, Beepi, Good Eggs & Homejoy. And these are just the ones that immediately come to . . .

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July 25, 2017

The first three phases of marketing

(at minute 39:55)

Founder Lesson
One of the things that has most surprised me about launching Switchyards Downtown Club is the skills that new founders are requesting. My guess before launching was that new founders would want developers first and then designers right after that. Idea-stage founders are certainly looking for those skills, but much to my . . .

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July 11, 2017

Archive

All Categories: all(112) podcast(102) process(87) focus(80) product(70) counterintuitive things(64) product market fit(63) business model validation(60) solving a problem(58) mvp(57) unique playbook(48) traction(43) founders(40) my favorites(36) execution(35) first principles(33) hustle(33) value proposition(32) video(32) this week in startups(30) jason calacanis(28) ycombinator(24) persistency(24) engagement(23) lean startup(20) super fans(19) resiliency(19) psychological friction(16) vision(16) niche products(15) purpose(15) customer discovery(15) stanford university(13) growth(13) vc(12) creativity(11) raising capital(10) marketing(10) micromanagement(10) aaron harris(10) jay acunzo(9) scalability(9) matt goldman(9) financing(9) michael sacca(9) nextview ventures(9) pattern matching(9) pivot(9) delusion(8) competition(8) team(8) bootstrapping(7) sidenote(7) rocketship.fm(7) advisors(6) retention(5) risk(5) wharton business radio(5) joelle steiniger(5) how i built this(5) mixergy(5) brand(4) hypepotamus(4) andrew warner(4) joelle goldman(4) sam altman(4) culture(4) a16z(4) focus groups(4) timing(4) 33voices(3) kat manalac(3) kara swisher(2) distribution(2) recode decode(2) product hunt radio(2) dorm room tycoon(2) masters of scale(2) network effect(2) startups for the rest of us(2) listen to entire podcast(2) eric ries(2) founder's journey(1) indie.vc(1) fred wilson(1) chris sacca(1) joshua reeves(1) time(1) accelerators(1) loose threads(1) tim ferriss(1) twenty minute vc(1) domain expertise(1) optimal living daily(1) home