In today’s Startup Therapy Podcast, Wil and Ryan talk about the cost of raising a capital. Yes, additional funding is a good sign of progress, it’s a sign that the company has potential to grow because people invested money in it. Yes, it is a milestone most founders want to achieve. The downside, however, is that you are no longer alone when making decisions. You are no longer the owner. You become another ‘employee’. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resou...
May 09, 2022•28 min•Ep 164•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about what it’s like for a Startup to stall. We are all so used to the idea that we need to keep creating a momentum for our business to reach goals, to hit target numbers, and possibly please our investors. Yet, many, if not all, Startups stall, growth slows down and revenue is almost non-existent. It’s normal and you gotta learn how to navigate out of these phases to achieve sustainable growth. Sign up for the Startups Newsletter https://ww...
May 02, 2022•59 min•Ep 163•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about the possibility of firing your employees for a restart? Let’s 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...
Apr 25, 2022•34 min•Ep 162•Transcript available on Metacast In today’s 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, it’s okay. We can take a breather, regroup, and then start again. When we’re already in our mid 40’s and 50’s (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 St...
Apr 18, 2022•30 min•Ep 161•Transcript available on Metacast In today’s 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 you’re staying for th...
Apr 11, 2022•34 min•Ep 160•Transcript available on Metacast In today’s 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 don’t 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 Startup...
Apr 04, 2022•52 min•Ep 159•Transcript available on Metacast In today’s 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 aren’t 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 htt...
Mar 21, 2022•37 min•Ep 158•Transcript available on Metacast In today’s 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 they’re focused on getting a hit! Sign up for the Startups Newsletter https://www...
Mar 14, 2022•31 min•Ep 157•Transcript available on Metacast In today’s 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. Wouldn’t it be better if you get enough funding and still have more control over the decision making and better incenti...
Mar 07, 2022•33 min•Ep 156•Transcript available on Metacast In today’s 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 isn’t measured. Sign up for the Startups Newsletter https://www.startups.com/n...
Feb 28, 2022•49 min•Ep 155•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about finding the right advisor. It’s natural for anyone to seek advice from people who we think know more than we do but it doesn’t 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 isn’t enough to resolve the issues at hand. Don’t limit your Startup’s potential within your local circle. Sign up for the Startups Ne...
Feb 21, 2022•39 min•Ep 154•Transcript available on Metacast In today’s 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 urgen...
Feb 14, 2022•34 min•Ep 153•Transcript available on Metacast In today’s 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://ww...
Feb 07, 2022•34 min•Ep 152•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about faking success. What? Is that even possible? NO, you can’t 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 you’re 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 S...
Jan 31, 2022•34 min•Ep 151•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about consequences. When you started, your words didn’t weigh as much as they do now. Back then, your reach was just a few people. Now that you’ve become a founder, every single word, phrase, and statement you utter has consequences. When you speak, make sure you’re 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 Po...
Jan 24, 2022•39 min•Ep 150•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about unhealthy relationships. Nope, this isn’t 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.sta...
Jan 17, 2022•43 min•Ep 149•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about why a business shouldn’t stay a Startup. Sure, Startups get more opportunities to grow and funding offers to expand. But you can’t 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. That’s when you graduate from being a Startup to being a real company! Sign up for the Startups Newsletter http...
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 you’ve even lost a customer or two – but how much of a threat are they, really? In today’s 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 S...
Dec 27, 2021•31 min•Ep 147•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about dealing with issues at work and at home. As said many times, don’t bring your work problems home the same way you can’t let your personal issues affect your work performance. You can’t 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. It’s the only way not to exhaust yourself. Sign up for the Startups Newsletter https://...
Dec 20, 2021•32 min•Ep 146•Transcript available on Metacast In today’s 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 can’t go astray when you know where you want to go. Sign up for the Startups Newsletter https://www.startups.com/newsletter...
Dec 13, 2021•33 min•Ep 145•Transcript available on Metacast In today’s 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 won’t get done? Now, if you won’t 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 ...
Dec 06, 2021•45 min•Ep 144•Transcript available on Metacast In today’s 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 doesn’t 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...
Nov 29, 2021•1 hr 2 min•Ep 143•Transcript available on Metacast In today’s 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. It’s 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...
Nov 22, 2021•30 min•Ep 142•Transcript available on Metacast In today’s 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. It’s about taking away liabilities one at a time. Sign up for the Startups Newsle...
Nov 15, 2021•30 min•Ep 141•Transcript available on Metacast In today’s 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 don’t 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 it’s at its lowest value, will only nip down its potential growth. Sign up for the Startups Newsletter https://www.startups.co...
Nov 08, 2021•41 min•Ep 140•Transcript available on Metacast In today’s 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 won’t care. So, wallow on it as much as you want and then move on. A founder’s path is always open to more job opportunities. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup ...
Nov 01, 2021•28 min•Ep 139•Transcript available on Metacast In today’s 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 aren’t being made, or there’s 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 founder’s work can be done by someone else. Sign up for the Startups Newsletter https://www.star...
Oct 25, 2021•38 min•Ep 138•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about honest optimism. What if you have this strong conviction that what you’re building will lead to success? What if you have this strong sense of positivity and optimism? Will it be enough to gain people’s trust and continue to pour more money into your company? But what if it’s just blind optimism and you’re not really getting anywhere? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podc...
Oct 18, 2021•32 min•Ep 137•Transcript available on Metacast In today’s 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. Here’s why. You can only get things done at your peak hours. No one gets productive a hundred hours a week. It’s 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 Ne...
Oct 11, 2021•37 min•Ep 136•Transcript available on Metacast In today’s Startup Therapy Podcast, Wil and Ryan talk about a founder’s social circle. Wherever you may be, you’ll 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 founder’s 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.s...
Oct 04, 2021•35 min•Ep 135•Transcript available on Metacast