Episode description
In today's Startup Therapy Podcast, Wil and Ryan talks about the importance of generating revenue and being willing to do whatever it takes to move a startup forward. They discuss why it's crucial for entrepreneurs to prioritize generating income and share insights on how to overcome challenges in achieving financial sustainability.
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Resources:
- Startup Therapy Podcast
- https://www.startups.com/begin
- Join our Network of Top Founders
- Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
- 00:00 Intro
- 00:18 Difference between good and bad revenue
- 01:34 Unexpected opportunities
- 05:22 Prioritizing cash flow in the startup journey
- 08:43 The importance of runway
- 11:43 Focusing on startup survival
- 13:31 Reality of startup timelines
- 15:00 Why surviving matters more than speed
- 17:03 Overcoming self-imposed barriers
- 18:53 The value of paid product discovery
- 22:00 Learning through services
- 24:18 Building MVPs that truly deliver value
- 26:10 How side gigs can propel your startup forward
- 30:36 Sacrifice and success
- 35:13 Willingness x Hard Work = Cash