In today’s Startup Therapy Podcast, Wil and Ryan talk about being the best at what you do. Oftentimes, founders are stuck in the idea that they need to add more features to make their product appealing and saleable. That it’s the added features that will reel in more customers without realizing that the focus should be on the core value of their product - to make sure that we’re doing the core product right and nothing else matters. Sign up for the Startups Newsletter https://www.startups.com/ne...
Sep 27, 2021•42 min•Ep 134•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about moving to a major city. Years ago, when a business needed to expand, they often moved to a big city, brought key employees in, and raised funding to cope with a much higher cost of living. But times have changed. A lot of founders can now settle anywhere without the need to drag their employees and their families around. Remote setup is the new normal, and it’s giving Startups the advantage of growing without emptying the bank. Sign up ...
Sep 20, 2021•41 min•Ep 133•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about optimism. An optimistic leader creates an optimistic environment. Despite the onslaught of negativities and failures, and success seemingly slipping away, when a Founder remains optimistic, he can always redirect his focus on what to do next. 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 email to therapy@s...
Sep 01, 2021•23 min•Ep 132•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about dumb ideas. It’s no surprise that most of the successful Startups today started off as a completely bad idea. As it turns out, when given the time to evolve, the market to mature, and the target audience to be open about it, the dumbest idea can become the most profitable company. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of ...
Aug 30, 2021•20 min•Ep 131•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about how some founders can’t flaunt their money. Founders worked for it, sacrificed their health and time, and at some point, even settled for less compensation for the company to grow. They earned it, and yet some people find it appalling just because they don’t have it. 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 S...
Aug 25, 2021•33 min•Ep 130•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about what happens when you leave your Startup. You can’t simply assume that you’ll still be compensated for the equity without continuously providing value to the company’s growth. It’s a simplified Math problem. If you don’t work, you don’t get paid. If you’re not adding value, you won’t be compensated. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin J...
Aug 23, 2021•43 min•Ep 129•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the kind of culture you as a founder can create within your own organization. Everything you do has implications and if you let instigators of negativity be, you’re allowing a nasty culture to spread. 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 email to therapy@startups.com What to Listen For 00:00 Intro...
Aug 18, 2021•38 min•Ep 128•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about cofounder breakup. Likened to marriage, having a cofounder requires commitment that comes with consequences when and if the Startup fails and coming up with an action plan when the business turns out to be a total flop. 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 email to therapy@startups.com What to Lis...
Aug 16, 2021•34 min•Ep 127•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about taking the slow growth approach. Instead of going full force too fast early on, take the time to understand whether the bets you’re paying back or not and when it’s time to change direction. Don’t follow the narrative that you need to accelerate right away. Follow the circumstances and consequences, and move at the pace that you’re supposed to take. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Start...
Aug 09, 2021•34 min•Ep 126•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about founders rushing into building their next Startup. After a successful exit, most founders are overly eager to start their next big idea and land another win. They want to act upon it while they are in the momentum and prove that they aren’t a one-hit wonder. 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 em...
Aug 04, 2021•34 min•Ep 125•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about liquidation probability. Many Startup founders make the wrong decision to lose interest in what they currently have and start pursuing something else in the hopes of a much bigger outcome, completely skipping the part where they first have to gauge the probability of success. 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 F...
Jul 26, 2021•37 min•Ep 124•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about opinions that do not matter when a company sells. A lot of founders are stigmatized for selling their Startups for too little. Too little in a sense that these non-founders only think of the numbers and not the value and work put into building the business. And the glaring truth is that they have never had that much money in their entire life! So their opinions aren’t valid. Sign up for the Startups Newsletter https://www.startups.com/n...
Jul 21, 2021•36 min•Ep 123•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about putting every down for a much needed break. No, you can’t say, “I can’t take a break yet.” Or say, “Your hands are tied at the moment.” It’s critical that you take a break in between milestones, unless you want to get stuck on productivity and run dry on creativity. 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 Se...
Jul 19, 2021•37 min•Ep 122•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about focusing on what you are trying to achieve before taking action on any big ideas you might have. Some of these ideas don't necessarily lead you to where you want to go. Some, if pursued, just end up in failures and frustrations. Instead, focus on where you want to go and then figure out how you want to get there. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startu...
Jul 14, 2021•39 min•Ep 121•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about how increasing your staff does not necessarily mean growth, but a deliberate liability. Many people just focus on increasing the number of their employees and do not think about the cost of hiring more people. Yes, you need more people to get work done faster. Yes, you need additional minds to pitch in new ideas. But what if your revenue is lower than the liabilities? Sign up for the Startups Newsletter https://www.startups.com/newslett...
Jul 12, 2021•34 min•Ep 120•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the dues founders pay for neglecting their health. Pushing yourself too much, putting your body through so much pressure, and then ignoring the warning signs as they come, you’re unconsciously trading your life for the success of your company. Don’t curse yourself in the process! Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network of T...
Jul 07, 2021•46 min•Ep 119•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about what happens when things work for everyone else but not for you. The effort founders put into our Startup is a sacrifice in all forms and shapes, to the extent of spending less time with family, neglecting our health, or even getting a pay cut just to keep the business rolling. Yes, you are the founder but you’ve become a slave to your own business. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Start...
Jul 05, 2021•33 min•Ep 118•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about changing a person’s personality (or the attempt to do so). It’s one of the factors founders cannot control and it’s silly to keep telling the same person what they should be doing more than once. It’s a waste of energy, a waste of time, and definitely a lost cause. Put your time and effort into someone else! Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.co...
Jun 30, 2021•38 min•Ep 117•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about burnout when you’re nearly at the end of your Startup journey. Every sacrifice and risk you’ve taken will become useless if you feel tired and decide to take a break at the most crucial time and that’s when you’re at the last step of closing the deal. The trick is to surround yourself with people who will help you get through this phase. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy P...
Jun 28, 2021•36 min•Ep 116•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about avoiding unpleasant breakups. There always comes a time when you need to part ways with people, friends, staff, even investors. Every bad breakup can seriously damage your reputation in any means possible simply because some harbor vindictive emotions and speak negatively against you. What can you do then to avoid that? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www...
Jun 23, 2021•40 min•Ep 115•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about what happens after you sell your Startup. Beyond the big paycheck that will certainly make your life better, is the lingering attachment you have for your company and what becomes of it after you give up ownership and control over it. And what about the employees you’re leaving behind? Will they be well taken care of? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.s...
Jun 21, 2021•38 min•Ep 114•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about power struggle. A lot of us are used to hearing people telling us what we should and shouldn’t do, what we can and cannot achieve just because these people have tried it or have been in a similar situation. What they don’t realize though is the difference in capacity and skills. What works for them may not work for you, and what works for you didn’t work out for them. Sign up for the Startups Newsletter https://www.startups.com/newslett...
Jun 16, 2021•40 min•Ep 113•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about regret. Founders are bound to make decisions all the time. These decisions can make or break the Startup, and this is why regret is inevitable. Not all decisions bring a positive outcome, and when the outcome is the opposite of what you had anticipated, it’s part of the risk you’re taking. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Ne...
Jun 14, 2021•33 min•Ep 112•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about how we get blinded by the early signs of growth. When things go well, we tend to think it’s the golden moment and that your Startup is on it’s way to getting big, only to find out a week or a month later that you’re back at step one. Early stage successes become dangerous when we get blinded by them and start making the wrong decisions. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Po...
Jun 09, 2021•31 min•Ep 111•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about when is the best time to sell your Startup. It’s a tedious process so you shouldn’t just focus on what’s happening during the negotiations but also the pros and cons after the sale is made. And of course, how much you’re being paid for selling is as important as HOW you’re getting paid. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Netwo...
Jun 07, 2021•32 min•Ep 110•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about going back to an office setting. The idea that more work gets done inside the office is no longer as effective as it used to be. An office setting may not be that substantial anymore for Startups. A lot of businesses are being run remotely and by far, they are progressing well. 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...
Jun 02, 2021•38 min•Ep 109•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the notion that your current success will be the same for every Startup you build. While you’re in the momentum and when new ideas come in, you’re most likely tempted to venture into another Startup. Right? But, take a pause there and consider the odds of your success. 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...
May 31, 2021•34 min•Ep 108•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about founders allowing open discussion of socio-political issues inside the workplace. Over the years, societal and political issues are topics that can either encourage healthy discussions and debates within the team or instigate friction and divide within the company. The question is, HOW do we talk about these issues? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.sta...
May 26, 2021•40 min•Ep 107•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan ask, is it too early to get an advisor? Many Startup companies invest in an advisor to tap into connections that can possibly help raise additional capital. Yet, this investment does not promise successful returns because some introductions don’t end with the results founders are hoping for. The anticipated business meetings are never set. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast ht...
May 24, 2021•40 min•Ep 106•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about at what cost Startups are built on. What people often see is it’s all about raising money and getting external financial support, that additional funds are more than enough to keep the business going. But what people don’t see is the physical, mental, and emotional health that are being spent alongside a bloating debt. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www....
May 19, 2021•38 min•Ep 105•Transcript available on Metacast