Episode description
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.
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- Startup Therapy Podcast
- https://www.startups.com/begin
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- Send an email to therapy@startups.com
What to Listen For
- 00:00 Intro
- 00:32 Dispel the myth about Startups should grow fast
- 01:57 Why do we feel we have to grow fast?
- 05:56 The car analogy: why early acceleration amplifies mistakes
- 08:34 The assumption we often miss is the factor of time
- 12:37 The best you do are the ones that you didn’t do
- 14:34 When you start to do too many things at the same time
- 17:30 Don’t mistake making bets into making good decisions
- 23:06 We get trapped in that repeatability phase
- 26:24 All the time we waste is a lot of money
- 29:59 The cost of accelerating the wrong people