Startup Therapy

Startups.com

The "No BS" version of how startups are really built, taught by actual startup Founders who have lived through all of it.

  • 38 minutes
    The Burden of Unrealistic Expectations

    In this episode Ryan and Will delve into the intense pressures faced by founders from investors, peers, and the startup community. They discuss how these external expectations often drive founders to pursue goals misaligned with their personal beliefs and values. The conversation explores how unchecked expectations can lead to burnout and misguided efforts. They share insights on the importance of auditing and resetting personal and business expectations to ensure they align with one's true goals and values. The hosts also highlight the dangers of comparing oneself to other founders or industry giants, and emphasize the significance of building a business that meets personal fulfillment rather than external benchmarks.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for:
    00:32 The Source of Pressure and Expectations
    03:32 Investor Expectations and Their Impact
    04:05 Personal Story: Missing Investor Expectations
    05:44 The Reality of Investor Expectations
    10:15 Comparing Yourself to Other Founders
    17:45 The Peer Comparison Trap
    18:06 Personal Journey: From Poverty to Success
    20:01 The Futility of Social Media Comparisons
    23:07 Tying Success to Self-Worth
    28:20 The Illusion of Goals and Success
    31:53 Reevaluating Startup Expectations
    36:43 Conclusion: Building What Matters to You

    2 December 2024, 5:00 pm
  • 43 minutes 37 seconds
    How do I Stay Positive In Tough Times?

    Ryan and Will discuss the omnipresent challenges that come with running a startup. They delve into the perpetual 'shit storm' that founders face and share practical advice on how to keep moving forward even when everything feels like it's falling apart. Key points include regaining perspective, converting anxiety into actionable tasks, breaking down large goals into manageable micro-goals, and finding healthy obsessions to channel stress. They emphasize the importance of maintaining a positive outlook, not just for personal sanity but for the wellbeing of the entire team, and share personal anecdotes and strategies that have helped them through their toughest times.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for:
    00:07 The Perpetual Shit Storm of Startups
    01:01 Practical Advice for Founders in Crisis
    02:10 Regaining Perspective During Tough Times
    05:08 Personal Stories of Overcoming Challenges
    15:29 The Importance of Taking Action
    20:41 Managing Anxiety with Side Tasks
    21:58 The Power of Micro Goals
    23:37 Breaking Down Big Tasks
    26:29 The Importance of Focus
    32:07 Finding Healthy Obsessions
    41:08 Building Momentum with Small Wins
    43:14 Join the Startups.com Community

    25 November 2024, 5:00 pm
  • 20 minutes 6 seconds
    Are Investors Trying to Push Us a Cliff?

    In this episode of the Startup Therapy Podcast, Ryan and Will delve into the often misunderstood motivations of venture capitalists. They discuss why investors push startups to grow rapidly, the pressures VCs face to deliver returns within a specific timeframe, and the fundamental differences between the stakes for founders and investors. The episode uncovers the reasons behind the 'push you off a cliff' approach, the impact of the 2 and 20 model on VC behavior, and the importance of understanding these dynamics to better navigate the startup journey.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for:
    00:11 Understanding Investor Motivations
    01:12 The VC Time Crunch
    03:57 Profit vs. Growth: A VC Perspective
    13:25 The Reality of VC Salaries
    16:29 Founders vs. Investors: Different Stakes
    19:00 Conclusion: Aligning Goals with Investors

    18 November 2024, 5:00 pm
  • 33 minutes 21 seconds
    What Previously Funded Founders Do Differently

    In this episode of the Startup Therapy Podcast, Ryan and Will discuss the daunting realities of raising capital for startups. By sharing insights and experiences from both first-time and repeat founders, they delve into the recurring theme of regret found amongst entrepreneurs who've gone through the funding process. Topics include the hidden costs of raising money, the pitfalls of losing focus, and the challenges of working with investors. The hosts offer practical advice on when to raise funds, how to mitigate the risks of distraction, and the importance of being selective and strategic about bringing investors on board. Whether you're gearing up for your first round of fundraising or re-evaluating your approach, this episode provides valuable lessons to help navigate the complex landscape of startup financing.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for:
    00:14 The Reality of Raising Funds
    00:38 Founders' Regrets and Reflections
    02:15 The Perils of Not Getting Paid
    04:22 Understanding Founder Compensation
    11:04 Strategies for Better Compensation
    13:24 Challenges with Profitable Companies
    15:02 The Pressure to Grow or Bust
    15:16 The Dilemma of Raising Too Early
    15:47 The Vulnerability of Early Stages
    16:22 The Importance of Timing in Fundraising
    16:56 The Pitfalls of Early Funding
    17:28 The Distraction of Fundraising
    20:34 The Impact of Investor Expectations
    28:23 The Challenge of Having a New Boss
    31:50 Key Takeaways and Final Thoughts

    11 November 2024, 5:00 pm
  • 33 minutes 1 second
    Are Startups Easier for Experienced Founders?

    In this episode of the Startup Therapy Podcast, Ryan and Will debunk the myth that each startup venture becomes progressively easier with experience. They explore the truths and fallacies surrounding repeat entrepreneurship, sharing personal anecdotes and insights from their extensive history of building and acquiring startups. Discussing expectation management, the double-edged sword of experience, and the harsh realities of repeating past mistakes, Ryan and Will emphasize that while experience offers certain advantages, it does not guarantee success in new ventures. They also highlight the emotional resilience required to endure the cyclical nature of startup challenges and the ever-present difficulties of achieving product-market fit and successful marketing, regardless of prior victories.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for:
    00:15 Debunking the Myth of Easier Startups
    01:27 The Double-Edged Sword of Experience
    02:32 Drawing from Multiple Experience Buckets
    05:15 Expectation Management in Startups
    09:39 Avoiding Duplicate Mistakes
    13:01 Raising Capital: Lessons Learned
    15:16 The Value of Experience in Decision Making
    17:07 The Reality of Investor Promises
    17:17 Understanding People: A Founder's Key Skill
    18:38 Emotional Maturity in Leadership
    20:00 Challenges That Never Get Easier
    21:57 The Ever-Changing Landscape of Product Market Fit
    25:39 Marketing Struggles for Experienced Founders
    27:40 The Pain of Failure: It Never Gets Easier
    31:30 The Value of Experience and the Role of Luck
    32:38 Join the Startups.com Community

    4 November 2024, 5:00 pm
  • 32 minutes 28 seconds
    Who's Working for Who?

    Ryan Rutan and Will Schroter explore the intricate and often misunderstood relationship between founders and their startups. They tackle the question of whether the founder works for the startup or vice versa, challenging common perceptions shaped by societal views and political discourse. The hosts discuss the unspoken 'contract' entrepreneurs form with themselves, the inevitable trade-offs of startup leadership, and the sacrifices founders make for their companies. They emphasize the emotional and financial tolls on founders, the discrepancies in founder-employee dynamics, and the need for startups to stay aligned with the founder's original mission. This episode stresses the importance of maintaining control and balancing personal goals with the demands of the startup ecosystem.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for
    00:35 The Founder vs. Startup Dilemma
    00:51 Political and Economic Perspectives
    01:40 The Reality of Founders' Lives
    03:00 The Initial Contract of Founders
    05:11 The Shift in Founders' Roles
    06:15 The Permanent Struggle of Founders
    07:43 Revisiting the Founders' Goals
    10:34 The Reality Check
    15:30 The Investor's Impact
    15:44 The New Boss: Investors and Liabilities
    16:49 The Pain of Payroll: Sacrificing Founder Salaries
    19:10 Credit Cards and Cash Flow: Desperate Measures
    21:20 The Founder’s Dilemma: Sacrifice and Equity
    23:42 The Reality of Startup Success: Rare and Elusive
    28:28 The Emotional Toll: Identity and Relationships
    31:49 Conclusion: Building a Startup That Works for You

    28 October 2024, 3:00 pm
  • 36 minutes 35 seconds
    Let's Get Back to Our WHY

    In this episode of the Startup Therapy Podcast, Ryan Rutan and Will Schroter explore the vital importance of maintaining a startup's foundational 'why' – the core reason for its existence. They discuss the excitement and clarity that founders experience in the early stages, the operational challenges that can cause them to lose sight of their mission over time, and practical strategies for rekindling that original passion. Through personal anecdotes and examples of companies like Apple and Google, the hosts underscore how minor compromises can erode a company's core mission. They emphasize the need for founders to continuously revisit and reinforce their original motivations to ensure sustained passion and purpose. Listeners will gain insights on recognizing when they've deviated from their vision, the benefits of realigning with the 'why', and actionable steps to recenter their focus, all while maintaining clarity and engagement within their teams.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn 
     
     / startups-co  

    Join our Network of Top Founders 
    Wil Schroter
     
     / wilschroter  
    Ryan Rutan
     
     / ryan-rutan  

    What to listen for
    00:29 The Importance of 'Why' in Startups
    03:17 Losing Sight of the 'Why'
    05:24 Diagnosing the Loss of 'Why'
    09:21 The Impact of Compromises
    15:56 Tiny Compromises Lead to Major Changes
    18:48 The Slippery Slope of Compromises
    19:50 Losing Sight of the 'Why'
    20:50 Rediscovering the Purpose
    22:12 The Importance of Remembering the 'Why'
    24:30 Practical Steps to Reconnect with the 'Why'
    30:55 Identifying and Correcting Misalignments
    35:36 The Constant Battle to Maintain the 'Why'

    21 October 2024, 4:00 pm
  • 37 minutes 28 seconds
    How We Secretly Lose Control of Our Startups

    In this episode of the Startup Therapy Podcast, Ryan and Will discuss the complex dynamics of maintaining control in a startup. They explore the misconception that not having investors means maintaining control and highlight the various ways founders inadvertently lose control—from customers, co-founders to their own staff. They delve into the idea that control is a currency spent for growth and emphasize the importance of understanding and strategically managing the areas founders are willing or unwilling to cede control over. They reveal how seemingly routine decisions can lead to significant shifts in control, urging startup founders to be proactive in understanding and negotiating these exchanges.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast
    https://www.startups.com/community/st...
    Website
    https://www.startups.com/begin
    LinkedIn
      / startups-co 

    Join our Network of Top Founders
    Wil Schroter
      / wilschroter 
    Ryan Rutan
     

    7 October 2024, 2:01 pm
  • 36 minutes 25 seconds
    Should Kids Follow in our Founder Footsteps?

    In this episode of the Startup Therapy Podcast, Ryan and Will explore the complexities of encouraging their children to become entrepreneurs. With nearly 300 episodes discussing the founder's journey, they delve into whether they'd want their kids to follow the same path. They recount personal experiences, weigh the pros and cons, and discuss the importance of allowing their children to make their own decisions. The episode emphasizes providing the tools and support to foster independent choices rather than directing them towards entrepreneurship.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/startup-therapy
    Website
    https://www.startups.com/begin
    LinkedIn 
    https://www.linkedin.com/company/startups-co/

    Join our Network of Top Founders 
    Wil Schroter
    https://www.linkedin.com/in/wilschroter/
    Ryan Rutan
    https://www.linkedin.com/in/ryan-rutan/

    What to listen for
    00:00 Introduction: The Founder’s Dilemma
    00:55 A Proud Yet Conflicted Parent
    02:27 The Value of Experience
    05:03 Balancing Passion and Practicality
    08:10 Nurture vs. Nature in Entrepreneurship
    09:59 The Role of Education and Constraints
    16:21 The Reality of Entrepreneurship
    18:56 Reflecting on Founders' Struggles
    19:39 Balancing Optimism and Realism in Entrepreneurship
    19:59 The Timeless Nature of Startup Challenges
    21:31 Empathy and the Reality of Startup Therapy
    23:10 The Impact of Parental Influence on Career Choices
    25:23 Encouraging Authenticity in Children's Career Paths
    30:12 Empowering Kids to Make Their Own Decisions
    35:07 Final Thoughts on Raising Future Founders

    16 September 2024, 4:00 pm
  • 46 minutes 31 seconds
    The Evolution of Entry Level Workers

    In this episode of the Startup Therapy Podcast, hosts Ryan Rutan and Will Schroter discuss the evolving landscape of entry-level hiring for startups. They dive into why U.S. college graduates have fallen to the fourth pick for entry-level positions, overtaken by AI, global talent, and experienced young professionals who leverage new tools and platforms to gain relevant skills. They explore the benefits of each hiring option, debunk common misconceptions about global talent, and outline how these changes empower startups to make smarter, more economical hiring decisions. The discussion offers valuable insights for startup founders navigating the challenges of building efficient teams under tight budgets.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/startup-therapy
    Website
    https://www.startups.com/begin
    LinkedIn 
    https://www.linkedin.com/company/startups-co/

    Join our Network of Top Founders 
    Wil Schroter
    https://www.linkedin.com/in/wilschroter/
    Ryan Rutan
    https://www.linkedin.com/in/ryan-rutan/

    What to listen for
    00:00 Introduction: The Changing Landscape of Entry-Level Talent
    01:26 The Rise of AI in Startups
    03:48 Global Talent: A New Frontier
    07:30 Young and Hungry: The New Entry-Level
    10:19 Challenges and Opportunities for College Grads
    15:57 Resource Allocation in Startups
    24:06 Stop Guessing and Get the Answers
    24:16 The Global Talent Pool Advantage
    25:15 Quality Concerns and Misconceptions
    27:21 Parallel Validation in Startups
    32:51 The Rise of Young and Hungry Talent
    35:51 Evolving Job Market Expectations
    39:50 The Changing Landscape of Hiring
    45:20 Conclusion: Embrace the New Opportunities

    10 September 2024, 12:03 pm
  • 32 minutes 31 seconds
    Assume Everyone Will Leave in Year One

    In this episode of the Startup Therapy Podcast, Ryan and Will discuss the challenges of managing early-stage startup teams, particularly the high likelihood of turnover and the risks of handing out equity prematurely. They talk about the emotional toll of losing key team members and offer practical advice on creating vesting schedules and setting realistic expectations to safeguard against these common pitfalls. The conversation also touches on the dynamics of initial hires, the importance of flexibility, and the need to balance passion with practical considerations in team building.

    Sign up for the Startups Newsletter
    https://www.startups.com/newsletter

    Resources:
    Startup Therapy Podcast 
    https://www.startups.com/community/startup-therapy
    Website
    https://www.startups.com/begin
    LinkedIn 
    https://www.linkedin.com/company/startups-co/

    Join our Network of Top Founders 
    Wil Schroter
    https://www.linkedin.com/in/wilschroter/
    Ryan Rutan
    https://www.linkedin.com/in/ryan-rutan/

    What to listen for
    00:00 Introduction to Startup Challenges
    00:09 The Reality of Early Startup Teams
    01:25 Startup Weekend Insights
    02:38 The First Love Analogy
    03:44 The Commitment Dilemma
    04:24 Life Happens: Unplanned Disruptions
    12:02 The Fragility of Equity-Based Compensation
    13:45 Long-Term Team Dynamics
    15:32 Understanding the Nature of Turnover
    17:44 The Emotional Impact of Employee Departure
    18:52 The Reality of Passion and Commitment
    27:20 Equity Distribution and Vesting Schedules
    31:50 Preparing for Inevitable Change

    2 September 2024, 4:00 pm
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