The best founders are short term pessimists and long term optimists
By default most founders are
😭 short term optimists (ignore bad execution) and
🥴 long term pessimists (pick small problems)
Successful founders are the opposite—
🧐 short term pessimists (always improving) and
😎 long term optimists (pick big problems)
https://www.youtube.com/watch?v=9NYrsE_yW64
Delegation in 6 steps (I messed this up my first time as a founder, but you don't have to.)
🗣 Tell them
❓ Discuss why
🔑 Set key results for success
🤝 Set priority and get buy in
💪 Give necessary authority
👌 Check in and follow up
How to create new things without getting thrown in the insane asylum
How to fight instant pushback and get your ideas accepted (5 TIPS)
You can't guarantee success, but you can increase the chances of it by working on these six skills for startup founders.
If at first you don’t succeed, try try again. Then quit. It’s no use being a damn fool about it. WC Fields said that, and that’s true for startups and founders as they make decisions about what customers to pursue, and what problems to solve. These are all linked. In this video we cover concrete ways to use timeboxing to improve your chances of finding startup gold.
How do you build a fast growing startup team that builds a world-class product? This is part two, focusing on management with empathy and how to build an organic remote work culture from scratch that is truly collaborative. Shogun is one of the best companies in our portfolio that is doing it completely remotely. They have employees in 21 countries on 6 different continents working on their e-commerce page builder. This is a fast growing company driving real revenue, and building one of the best engineering cultures we've ever seen.
My colleague Katelin Holloway (partner at Initialized, formerly head of people at multi-billion dollar startup Reddit) sits down with Shogun cofounders Finbarr Taylor (former engineer at Y Combinator) and Nick Raushenbush (former cofounder of famed video production co Glass & Marker) and they talk through all the things that they did to succeed.
How do you identify a weak startup pitch, and then what do you do about it?
How do you identify a weak startup pitch, and then what do you do about it? How do you push past that moment of maximum disillusionment?
The path forward lies in the weak answers themselves. Ask yourself how focus on technology/software can make things better/faster/cheaper.
It's not enough to be pointed at a particular direction. You need to have a very clear reason why you will win. This is a list of questions you should ask yourself before picking a startup idea.
Weak answers to these questions might mean you need to change ideas... on the other hand, they focus you to figure out the things you need to solve so your startup becomes a winning one.
Masterclass excerpt: How startups should hire remotely
🏃🏻♀️ Run a fast process to hire the best
💵 Don't try to cheap out on offers— you get what you pay for
🤝 Always pay for trial work! Be fair to candidates.
🛫 Onboarding starts with the application & interviews— don't waste candidate time
What skills do you need to go from software engineering to a product role?
A PM must help make clear tradeoffs between business needs, user needs, and what is technically achievable.
Add business knowledge, and empathy for customers to great engineering knowhow and then... 🛫
5 tips on selling your startup
Andrew Lee shares with us these 5 tips—
🤝Cultivate partnerships with acquirers
🔨Go through product not corp dev
🛫Extend your runway
🗣Stage your interviews to protect your team from M&A burnout
⏱Check refs to get more time for BATNAs
Full vid—https://www.youtube.com/watch?v=BJo_7-Rn1wc
When and how should you sell your startup? M&A (mergers & acquisitions) are always a high stress process, and there are a lot of things you have to consider when you are trying to get a startup exit executed in the right way. Garry's startup Posterous was sold to Twitter for $20M and Andrew Lee's startup was sold to Zynga too. As venture capitalists today we work with more than a hundred startups from the earliest possible stage to now a total market value of over $36 billion. We've seen nearly every kind of startup exit and regularly try to help founders as they navigate these problems. This short video encompasses a lot of the advice we end up giving frequently to our community. — See the full video (link in bio) or youtube.com/garrytan
What should you do if they steal your startup idea?
Parker Conrad, founder of Rippling on remote work:
"Remote work is the worst way to build a company, except for all the others. It's really not possible to build engineering teams at scale in the Bay Area right now."
What does Bill Murray really want?
👌To be present, really here, really alive
📺 To not always want to be changing the channel
🕰 To be in the moment
And it’s all available to you in your body and mind. 🙏