In todays Startup Therapy Podcast, Wil and Ryan talk about the possibility of firing your employees for a restart? Lets put it this way. The people in your team when you started may not be the right people now that your business is growing. The skills that they currently have may no longer fit the roles you need to continuously push your team forward. Everything changes, all things evolve, skills must upgrade. What about your people? Sign up for the Startups Newsletter https://www.startups.com/n...
Apr 25, 2022•34 min•Ep 162•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about being at the peak of our opportunity. In our early years, when we fail to succeed in growing our Startup, its okay. We can take a breather, regroup, and then start again. When were already in our mid 40s and 50s (or older), screwing up comes at a high price. A restart may no longer be possible. On a positive note though, with age, we get to stack up on experience, knowledge, and skills needed for business success. Sign up for the Startup...
Apr 18, 2022•30 min•Ep 161•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about the likelihood of founders taking money off the table. Is it possible? Could be if the company has the potential of exponential growth in a short period of time. Is it doable? Most definitely if the means the company has the resources and manpower to get things done fast. But the possibility of being able to take money off the table is close to zero for most founders. You have to show proof that you can perform and youre staying for the ...
Apr 11, 2022•34 min•Ep 160•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about being leveraged and how it affects Startup growth. Early on, founders tend to believe that choosing an investor is an option. Yes, this is possible for people in the top 5 percent or those that haven been in this route more than once. But if you belong in the other 95%, which most of us are, we dont get to choose. We get lucky when someone takes interest in investing in our Startup. So wise up and choose well! Sign up for the Startups Ne...
Apr 04, 2022•52 min•Ep 159•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about not thinking too much about what other people think. Our emotions are always valid especially when our ideas arent appealing enough or when our Startup fails to gain any momentum. We always worry about what other people might think of us and how they will see our failure. But the truth is, no one will remember. No one will care. No one, but you. So, dust it off and start creating a new narrative! Sign up for the Startups Newsletter https...
Mar 21, 2022•37 min•Ep 158•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about founders not taking risks. When you get stuck in one place, getting comfortable at where you are at right now and not taking swings because of the fear of missing a hit, then growth becomes a long shot. Successful Startups did not succeed because they fear failure. Success comes when the founder keeps taking swings and managing failure as they come because theyre focused on getting a hit! Sign up for the Startups Newsletter https://www.s...
Mar 14, 2022•31 min•Ep 157•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about founders with no more upside left. Having new investors is good. Stacking up more funds to expand the company is good. Although it can turn dreadful real quick when as a founder you are left with no more room to grow. You get stuck in one spot, doing the same rigorous task day by day without any promising gains at all. Wouldnt it be better if you get enough funding and still have more control over the decision making and better incentive...
Mar 07, 2022•33 min•Ep 156•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about the real definition of retirement. Is it going on a vacation one after another in your 60s? Is it pursuing your love for woodwork and making a living out of it? Or perhaps starting another business using your retirement funds? Whatever it may be, what matters the most is you get to do what you love doing but this time with less stress, less pressure, and time isnt measured. Sign up for the Startups Newsletter https://www.startups.com/new...
Feb 28, 2022•49 min•Ep 155•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about finding the right advisor. Its natural for anyone to seek advice from people who we think know more than we do but it doesnt necessarily mean that what they know is beneficial for founders. Well-meaning people will readily share their knowledge and expertise, and we can all learn from it. Sometimes, it isnt enough to resolve the issues at hand. Dont limit your Startups potential within your local circle. Sign up for the Startups Newslett...
Feb 21, 2022•39 min•Ep 154•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about the real value of urgency. Yes, getting things done right away is good. Managing your time well and completing your tasks ahead of time and knowing the strategies to keep up with competition will help stir the business in the right direction are definitely commendable practices. But, when all of your efforts are countering your real goals and are only causing you anxiety and stress, maybe you should reconsider which priorities are urgent...
Feb 14, 2022•34 min•Ep 153•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about aiming for multiple tiny financial successes. This mentality that all your daily sacrifices, struggles, and losses will eventually lead to getting rich, sometimes, is a wishful thinking. Why not work on achieving small but steady financial wins, instead of staying broke for years in the hopes of getting rich all at once? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www...
Feb 07, 2022•34 min•Ep 152•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about faking success. What? Is that even possible? NO, you cant fake real success. But, YES, in the early stages of your Startup you can run it in a way wherein your success mindset is bent on believing you can make it until youre finally there - succeeding and thriving. 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...
Jan 31, 2022•34 min•Ep 151•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about consequences. When you started, your words didnt weigh as much as they do now. Back then, your reach was just a few people. Now that youve become a founder, every single word, phrase, and statement you utter has consequences. When you speak, make sure youre ready for the pros and cons, and eventually, how it will affect your Startup. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcas...
Jan 24, 2022•39 min•Ep 150•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about unhealthy relationships. Nope, this isnt about love. This is about developing unhealthy relationships with family, friends, and anyone within your social circle because your toxic work life is making everything else toxic. And this is about why you can feel a little guilty for taking some time off but do it anyway. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.start...
Jan 17, 2022•43 min•Ep 149•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about why a business shouldnt stay a Startup. Sure, Startups get more opportunities to grow and funding offers to expand. But you cant stay in this phase forever. Grow your business into a company that can run on its own, have a monthly recurring revenue that pays its monthly bills, and produce products that customers want to buy. Thats when you graduate from being a Startup to being a real company! Sign up for the Startups Newsletter https://...
Jan 10, 2022•29 min•Ep 148•Transcript available on Metacast How many times has your competition kept you up at night? A new feature here, seed funding there, maybe youve even lost a customer or two but how much of a threat are they, really? In todays Startup Therapy Podcast, Wil and Ryan share examples of competitor flops, why you should be thankful if your niche has competitors, and why you need to stop being so distracted by what other businesses are doing & focus on making your current customers even happier to work with you, Sign up for the Start...
Dec 27, 2021•31 min•Ep 147•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about dealing with issues at work and at home. As said many times, dont bring your work problems home the same way you cant let your personal issues affect your work performance. You cant deal with issues from both ends because it's unhealthy. Find an outlet where you can express your worries and make sure you get some level of support from your family. Its the only way not to exhaust yourself. Sign up for the Startups Newsletter https://www.s...
Dec 20, 2021•32 min•Ep 146•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about how comparison kills progress. Notice that you are often bound to fail when you start comparing your progress to your competition. What you can do to not fall into this trap is to go back to your goals. Recalibrate yourself, shut every possible distraction down, and focus on what you have envisioned to achieve. You cant go astray when you know where you want to go. Sign up for the Startups Newsletter https://www.startups.com/newsletter R...
Dec 13, 2021•33 min•Ep 145•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about discarding the 40-hour work week. If you work for 30 hours each week, what would you worry you wont get done? Now, if you wont sit eight hours in the office, what will you be able to accomplish? Can you possibly do more somewhere more comfortable than in your office? The answer? YES! You can accomplish so much more without the time constraints. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup The...
Dec 06, 2021•45 min•Ep 144•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about what happiness means for a founder. In most cases, founders find happiness when they feel safe, when their efforts are validated, and when people appreciate their accomplishments. It doesnt require much, yet the effort put forth to achieve happiness is basically blood, sweat, tears, and years of hard work. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/b...
Nov 29, 2021•1 hr 2 min•Ep 143•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about what happens when funding is scarce. Will you seek another investor? Will you go on a fire sale? What other options do you have left? In the world of Startups and the struggles of keeping your business running, the fight is for you not to win. Its more of a fight for you not to lose! Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Network o...
Nov 22, 2021•30 min•Ep 142•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about celebrating the little successes. Most people focus on hiring more people, settling in a bigger office, or getting additional funding as a form of success. But for most founders, at the early stages of their business, smaller things such as not having to worry about the payroll or how much you can spend using the company card, are a little form of success. Its about taking away liabilities one at a time. Sign up for the Startups Newslett...
Nov 15, 2021•30 min•Ep 141•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about when is the best time to give up equity. At the early stages of a Startup, founders often seek to partner with a co-founder in the hopes of growing the company. But what founders dont realize is that it may be too early to look for a partner or too risky to look for one. Selling the equity of your company, when its at its lowest value, will only nip down its potential growth. Sign up for the Startups Newsletter https://www.startups.com/n...
Nov 08, 2021•41 min•Ep 140•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about rising from a failure. Founders take it to heart when their business fails and often think that people will remember them for their failed business. Fact is, people easily move on and forget about the failed business. They wont care. So, wallow on it as much as you want and then move on. A founders path is always open to more job opportunities. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup The...
Nov 01, 2021•28 min•Ep 139•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about taking a break to restart. The biggest fear founders have is what happens to the business when they take a much needed break. The fear that things might go wrong, the right decisions arent being made, or theres simply too much to do that taking a break may sound hilarious. But guess what, with the right people in place, more than half of a founders work can be done by someone else. Sign up for the Startups Newsletter https://www.startups...
Oct 25, 2021•38 min•Ep 138•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about honest optimism. What if you have this strong conviction that what youre building will lead to success? What if you have this strong sense of positivity and optimism? Will it be enough to gain peoples trust and continue to pour more money into your company? But what if its just blind optimism and youre not really getting anywhere? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast h...
Oct 18, 2021•32 min•Ep 137•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about the 100-hour work week. The adrenaline to overexert and overwork yourself so you can get more things done is a hustle that no founder should be investing into. Heres why. You can only get things done at your peak hours. No one gets productive a hundred hours a week. Its an awful burnout. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/begin Join our Netwo...
Oct 11, 2021•37 min•Ep 136•Transcript available on Metacast In todays Startup Therapy Podcast, Wil and Ryan talk about a founders social circle. Wherever you may be, youll always meet another founder. Surprisingly, your Startup is helping you build these connections, a space where you can meet and create relationships with people who share the same experience as you and probably have similar views as well. A founders space is just the right place to check how far your voice can influence and be heard. Sign up for the Startups Newsletter https://www.start...
Oct 04, 2021•35 min•Ep 135•Transcript available on Metacast In todays 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 its 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 were doing the core product right and nothing else matters. Sign up for the Startups Newsletter https://www.startups.com/newsl...
Sep 27, 2021•42 min•Ep 134•Transcript available on Metacast In todays 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 its giving Startups the advantage of growing without emptying the bank. Sign up fo...
Sep 20, 2021•41 min•Ep 133•Transcript available on Metacast