Episode description
In today's Startup Therapy Podcast, Wil and Ryan discuss the problem with early praise and big hypes at the beginning of a startup, with no assurance of success. We've all seen the flashy headlines and big promises of new startups, but does the hype actually translate to success? Join us as we dive into why early praise can be a double-edged sword for any budding entrepreneur.
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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
- 00:57 Can the startup live up to the hype?
- 02:10 Getting scared of competitors because of the hype they’re getting
- 05:38 The start is not the finish
- 07:19 The hype cycle in tech industry
- 10:43 False positives in the funding round
- 14:09 Marketing and hiring hype
- 14:48 Sometimes the companies with no big announcements become successful
- 19:30 The hype of crypto and blockchain
- 22:23 Transformative is not equal to success
- 25:12 It takes a long time to make big changes
- 27:24 The problem with early praise