In today’s Startup Therapy Podcast, Wil and Ryan talk about planning for a downside strategy. Having a downside strategy allows for open conversations to conclude effective upside plans and address issues level-headedly. It’s a clear and sound path for founders to clean up a failing Startup.Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcasthttps://www.startups.com/beginJoin our Network of Top Founders What to Listen For00:00 Intro00:29 Dealing with downsides forces difficult conversations05:33 Downside strategies are a big part of any Startup11:05 What is your tolerance for tough decisions?18:14 Duration and severity of a downside21:30 Know how to deal with a failing business26:27 Establishing a threshold can make a difference29:40 “When we worry about things, we tend to scale up to the biggest worry.” - Wil 32:10 Having a downside strategy allows for a powerful upside strategy36:09 Build detailed downside strategies and be open to conversations

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