In today’s Startup Therapy Podcast, Wil and Ryan talk about imaginary debt. A lot of founders are tied to this idea that employees will commit the same level of sacrifice as they would for the company. And that people will appreciate what they do and stick around no matter what happens. But it’s all an illusion. No one can actually match a founder’s willingness to sacrifice everything for the Startup. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Ther...
May 17, 2021•40 min•Ep 104•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the most dreaded outcome - a failing Startup. When a business fails, founders often wallow over how people react and what they can say about the situation. The adverse reactions don’t matter. What should matter is who stays to help pull you out of the rubble. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of Top Founders Send an e...
May 12, 2021•34 min•Ep 103•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the pressures of leading a Startup team. It’s a Founder’s job to make difficult and unpopular decisions, even unconventional ones, which may merit the team's unfavorable reactions. Over time, these unpopular decisions make a Founder less likable. So then, at what point will being likable still matter? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin...
May 10, 2021•43 min•Ep 102•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about admitting you made a mistake. Oftentimes, it becomes difficult for leaders, including founders to admit that they’ve made the wrong decision or chose the wrong option. It’s the kind of vulnerability that no one wants to show. But if leaders can’t admit that they are wrong, no one else in the organization will. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups....
May 07, 2021•32 min•Ep 101•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the qualifications of becoming a founder. It turns out; anyone can become a founder. Having the idea and vision for your Startup is easy, but building a business out of nothing, dealing with potential issues and challenges, and getting started aren’t as easy. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of Top Founders Send an e...
May 03, 2021•42 min•Ep 100•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about selling a founder’s vision. The real struggle lies in convincing people that your vision, your idea can solve an existing problem. Startups often fail when the customers who are supposed to benefit from the product do not understand how it can serve their needs. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of Top Founders What t...
Apr 26, 2021•40 min•Ep 99•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about planning for a downside strategy. Having a downside strategy allows for open conversations to conclude effective upside plans and address issues level-headedly. It’s a clear and sound path for founders to clean up a failing Startup. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of Top Founders What to Listen For 00:00 Intro 00:29...
Apr 19, 2021•38 min•Ep 98•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the correlation between money and happiness. Being successful and having a lot of money doesn’t equate to genuine happiness. More often than not, it’s a fleeting distraction from other issues that require attention. Money can only give you exhilarating yet passing moments. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin What to Listen For 00:00 Int...
Apr 12, 2021•30 min•Ep 97•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about finding the right cofounder. It remains a challenge for Startup founders to find a business partner that doesn’t just have the best ideas, both should also see eye to eye when it comes to company growth and career goals. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin What to Listen For 00:00 Intro 00:35 Are you working with the right cofounder? 05...
Apr 05, 2021•50 min•Ep 96•Transcript available on Metacast In this Startup Therapy Podcast, Wil and Ryan ask how much is too much when it comes to Founder transparency? Why many inner workings of your company should be on a need-to-know basis, how being a leader can mean holding your emotional cards close to your chest, and when being completely open can be too much. Sign up for the Startups Newsletter https://www.startups.com/newsletter...
Mar 29, 2021•32 min•Ep 95•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the disadvantages of having wealth. People are drawn to Founders who are successful, who have money to spare. Most of the time, people, including family, expect you to settle their financial issues just because you have the money. It reaches a point where you’re expected to spend your money and not expect anything in return. The toxicity is just too much when it happens too often. Sign up for the Startups Newsletter https://www.startups...
Mar 22, 2021•41 min•Ep 94•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about commitment. There is a limit to the expectation you can set on others, and that your passion and commitment may not be as intense for the rest of your team. There are certain aspects of your Startup that you’ve got to shoulder on your own. After all, a founder’s superpower is the intensity of his commitment. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.co...
Mar 15, 2021•29 min•Ep 93•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the ugly truth about comparing your success to other businesses. When founders meet, the first person to speak often sets the tone of the conversation; many don’t even want to dig deep into the hardships one must endure to attain success. And is money the only metric for growth? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:25 Drawing c...
Mar 08, 2021•34 min•Ep 92•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about getting rich without selling your business. They discuss how getting too focused on getting rich causes missed opportunities, is selling your Startup necessary, the cash stacking effect, and spending money you haven’t earned yet. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:09 Myth: Build big things to get rich 03:55 You miss other ave...
Mar 01, 2021•35 min•Ep 91•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about getting through a Startup failure. While your mind can make it seem bigger than it is, most people won’t remember when a business shuts down, and that processing your emotions include assessing your failure to get back up! Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:10 What does failure really look like? 04:57 This is how people think...
Feb 22, 2021•33 min•Ep 90•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the hard part of being a founder - nobody understands what you do. Founders need people they can talk to about their job, someone mentally and emotionally willing to support their journey, and why the lack of support can hold them back. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:12 Does anybody actually understand what founders do? 0...
Feb 15, 2021•29 min•Ep 89•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the cost of ambition. They discuss the levels in which aspiration is achieved, how starting a business involves: a series of unique conditions, the three basic levers of ambitions, and the uncertainty of the returns a founder has to consider. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:21 There are things that you may not achieve at a...
Feb 08, 2021•36 min•Ep 88•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the truth about Startup shutdowns. Shutdown cycles always happen to Startup businesses, several bad decisions don’t mean a complete failure, and second chances can happen when you’ve asked the critical Why’s. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:59 Startup shutdown is always part of the process 07:05 Shutdowns had been happenin...
Feb 01, 2021•39 min•Ep 87•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about when it’s too late to launch a Startup. How gained experience equips founders to get through Startup challenges, the liabilities and the stakes involved when founders start late, why our 20’s is the golden decade to test and fail. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:22 When is it too late to launch a Startup? 04:42 ...
Jan 25, 2021•50 min•Ep 86•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about the emotional toll on Founders when they sell their business, how to spend time when the Startup is gone, losing authority and level of importance, if there’s a way to prepare to become an ‘exited’ Founder. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:25 Some of the potential downsides when selling a Startup 03:38 How much o...
Jan 18, 2021•38 min•Ep 85•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about the impact of Founders feeling uncomfortable about sharing their emotions, why you are being put in the wrong light, unpacking emotions to show vulnerability, and the difference between problems and emotions. Listen in for more tips on being an approachable Founder! Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: https://www.startups.com/begin What to Listen For 00:00 Intro 00:44 Founders no...
Jan 11, 2021•36 min•Ep 84•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about using passion to pursue a business, how to differentiate novelty from passion, why founder burnout is common, and why identifying your theme is important before starting a business. Listen in to test if you're passionate enough to start a business! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Listen For 00:00 Intro 00:59 What moment turned into a passion? 05:02 Mistaking novelty as passion 0...
Jan 04, 2021•38 min•Ep 83•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about the benefits of a hard reset for a Startup, letting go of liabilities in exchange for a fresh start, and identifying priorities when going through a hard reset. Listen in to know why a Startup reset can sometimes help save a business! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Listen For 00:00 Intro 00:47 Benefits of a Startup's hard reset 04:16 Outsourcing based on what may happen 08:19...
Nov 23, 2020•33 min•Ep 82•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about why founders need to belong in a therapy group, the benefits of voicing out your worries as an individual, and setting goals for yourself, not just your Startup. Listen in to know how founders can effectively unload personal struggles! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Listen For 00:00 Intro 00:58 How lonely are founders? 04:06 The things that founders can't share 10:22 Founders G...
Nov 16, 2020•58 min•Ep 81•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about how founders struggle to negotiate their compensation, what should happen in cap table discussions, and why founders should rethink how they get paid. Listen in to get an idea how founders benefit more from their company! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Listen For 00:00 Intro 00:50 What's going through your head ? 02:21 When it isn't worth it anymore 06:02 The cap table discus...
Nov 09, 2020•29 min•Ep 80•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about spending a decade to build a business from scratch, how past success can’t dictate the next success, and why nothing matters until the end goal is reached. Listen in to learn how founders grow an idea into a successful Startup! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Listen For 00:00 Welcome back to the Startup Therapy Podcast! 00:55 How long does it take to reach success? 02:28 The i...
Nov 02, 2020•35 min•Ep 79•Transcript available on Metacast In today’s episode of Startup Therapy Podcast, Wil and Ryan discuss why founders should separate themselves from their Startups, the lack of predecessors to guide young founders, what else to focus on besides building the business, and maintaining individuality. Listen in to learn about individuality and separation from your Startup! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Focus on to Get a Hit [00:00:32] Are we a separate entity from our Startup? [00:05:5...
Oct 26, 2020•32 min•Ep 78•Transcript available on Metacast Our focus in today’s episode is listening to what investors are actually saying. Wil and Elliot discuss the direct and indirect ways investors say ‘No’, the passive-aggressive questions, when founders become annoying, and how investors should behave. Listen in to learn how to translate what your investor is saying! Sign up for the Startups Newsletter https://www.startups.com/newsletter What to Focus on to Get a Hit [00:00:40] Why founders can't understand their investors? [00:02:24] The NO's tha...
Oct 19, 2020•45 min•Ep 77•Transcript available on Metacast Our focus in today’s episode is how to get a hit on your business. Wil converses with Sam Parr, Co-Founder and CEO of The Hustle, a massively successful email newsletter to help entrepreneurs make smart business decisions fast by providing information in an easy to consume format. Wil and Sam look back at the early stages of their Startups, how to gauge financial security, why an early start is an accelerant, tough conversations with investors, and incredible stories of successful Startup busine...
Oct 12, 2020•1 hr 12 min•Ep 76•Transcript available on Metacast Our focus in today’s episode is transparency of founders about their startups. Wil converses with Andrew Warner, an internet, startup entrepreneur and founder of Mixergy.com. On Mixergy, proven entrepreneurs are invited to teach how they built their startups. Wil and Andrew define the lines between genuine curiosity and transactional conversations in building relationships, how topics and answers have consequences, and getting people to open up about themselves by sharing a little bit of yours. ...
Oct 05, 2020•1 hr 6 min•Ep 75•Transcript available on Metacast 
