Listen "Lessons from "Once Hot" Startups"
Episode Synopsis
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.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcasthttps://www.startups.com/beginJoin our Network of Top Founders Send an email to [email protected] What to Listen For00:00 Intro00:20 Early signals that tend to blind us from what we actually should be doing04:54 It becomes dangerous when we start making decisions based on sudden growth08:41 When things go well, it increases our vulnerability to make the wrong decisions14:23 Yes, it’s going well, but you aren’t making any profit19:24 It’s a mentality problem when we get too excited at the early stages23:43 External signals sometimes send the wrong message27:08 Don’t get blinded how well your product is received after launch
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