In this episode of the Startup Therapy podcast, hosts Ryan Rutan and Wil Schroter talk about the common misconception around 'working hard' within startups. They question the measurement of hard work, arguing that effort does not necessarily equate to progress or beneficial outcomes. The need for clear benchmarks within organizations to truly reward and recognize valuable contributions.  Additionally, they challenge the notion of what constitutes as 'hard work' and the danger of equating all effort with success, proposing a more nuanced understanding that could lead to more effective and ..read more

In this episode of the Startup Therapy Podcast, hosts Ryan Rutan and Wil Schroter discuss the evolution of startups from the emphasis on scaling and headcount to prioritizing efficiency and output, largely due to advancements in AI. The challenges of the past, such as massive payrolls, investor dependency, and expensive infrastructures highlighting the opportunities AI technologies present for startups.  The conversation covers the changing landscape where small operations can achieve significant impact without the traditional costs, through examples like remote work, AI-driven efficienci ..read more

In this episode of the startup therapy podcast, Ryan Rutan and Will Schroeder delve into bootstrapping a startup. They address common misconceptions about funding, emphasizing the importance of making do with what you have and prioritizing what's truly necessary for business growth. The conversation covers practical ways to manage expenses without external funding, including strategies for hiring, marketing, and managing operational costs through discipline and creative solutions.  The hosts share personal experience on how to navigate the challenges of bootstrapping, highlighting the im ..read more

In today's Startup Therapy Podcast, Wil and Ryan talks about why earning atleast $10,000 per month is one of the most important milestones in your startup career. They stress the need to do whatever it takes to keep your business alive. Hitting this milestone gives you room to handle setbacks and shows that you're making real progress. Tune in for tips on managing startup finances and staying resilient in the ever-changing business world. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast  https://www.startups.com/begin Join our N ..read more

In today's Startup Therapy Podcast, Wil and Ryan talks about why investors choose to invest on “failed” founders. They debunk the myth that failure marks the end of a founder's journey and shows why giving people a second chance is the best investment. Tune in as they explore the investor mindset, focusing on why they prefer to invest in founders who have shown they can bounce back and learn from failure, ultimately changing how we think about startup success. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast  https://www.startup ..read more

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

In today's Startup Therapy Podcast, Wil and Ryan talks about the hidden treasure of failed startups.  From redefining valuation to creative acquisition strategies, they share insights on salvaging value from adversity. Tune in as they uncover the secrets to success amidst startup wreckage. Sign up for the Startups Newsletter https://www.startups.com/newsletter 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 01:42 What happens when ven ..read more

In today's Startup Therapy Podcast, Wil and Ryan talks about what happens if your competitor got funded. Join as they discuss the common concern of competitors securing funds and share valuable perspectives on why this might not be a cause for panic. They highlight the importance of maintaining focus, strategic planning, and turning the situation into an opportunity for your startup's success. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Check in with us ..read more

In today's Startup Therapy Podcast, Wil and Ryan explore whether lacking prior experience can be a game-changer for startup founders. Having zero experience means you're new to something, and surprisingly, that can be a good thing. It brings a fresh perspective and adaptability. But for startup founders, could a lack of experience help you succeed or fail?  Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Check in with us on LinkedIn | Wil Schroter | Rya ..read more

In today's Startup Therapy Podcast, Wil and Ryan talks about whether a founder should focus on building a startup that just makes money. Ever thought about ditching the whole fundraising craze and simply building a startup that puts money in your pocket? Join Wil and Ryan as they navigate the path less traveled, exploring the freedom and sustainability that comes with creating a startup designed to consistently generate profits. It's not just about surviving in the business jungle, it's about thriving on your terms. Sign up for the Startups Newsletter https://www.startups.com/newsletter Reso ..read more