Lessons from "Once Hot" Startups
In today’s Startup Therapy Podcast, Wil and Ryan talk about how we get blinded by the early signs of growth. When things go well, we tend to think it’s the golden moment and that your Startup is on it’s way to getting big, only to find out a week or a mon
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Show Notes
In today’s Startup Therapy Podcast, Wil and Ryan talk about how we get blinded by the early signs of growth. When things go well, we tend to think it’s the golden moment and that your Startup is on it’s way to getting big, only to find out a week or a month later that you’re back at step one. Early stage successes become dangerous when we get blinded by them and start making the wrong decisions.
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What to Listen For
- 00:00 Intro
- 00:20 Early signals that tend to blind us from what we actually should be doing
- 04:54 It becomes dangerous when we start making decisions based on sudden growth
- 08:41 When things go well, it increases our vulnerability to make the wrong decisions
- 14:23 Yes, it’s going well, but you aren’t making any profit
- 19:24 It’s a mentality problem when we get too excited at the early stages
- 23:43 External signals sometimes send the wrong message
- 27:08 Don’t get blinded how well your product is received after launch