Don't Be Afraid to Take Big Swings

03/14/22 • 30 min

In today’s Startup Therapy Podcast, Wil and Ryan talk about founders not taking risks. When you get stuck in one place, getting comfortable at where you are at right now and not taking swings because of the fear of missing a hit, then growth becomes a long shot. Successful Startups did not succeed because they fear failure. Success comes when the founder keeps taking swings and managing failure as they come because they’re focused on getting a hit!

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https://www.startups.com/newsletter

Resources:

Startup Therapy Podcast
https://www.startups.com/begin
Join our Network of Top Founders
Send an email to [email protected]
Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

00:00 Intro
00:17 Why are we afraid to take big swings?
03:38 Is it a lie when you have the intent to back it up?
09:48 Will you be able to back up your commitment?
13:40 Take a big swing and manage failure
21:03 Doing nothing will only lead to a slow demise
25:09 The other side is you swing and hit

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
Send an email to [email protected]
Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

00:00 Intro
00:17 Why are we afraid to take big swings?
03:38 Is it a lie when you have the intent to back it up?
09:48 Will you be able to back up your commitment?
13:40 Take a big swing and manage failure
21:03 Doing nothing will only lead to a slow demise
25:09 The other side is you swing and hit

Previous Episode

When Founders no Longer have Upside

In today’s Startup Therapy Podcast, Wil and Ryan talk about founders with no more upside left. Having new investors is good. Stacking up more funds to expand the company is good. Although it can turn dreadful real quick when as a founder you are left with no more room to grow. You get stuck in one spot, doing the same rigorous task day by day without any promising gains at all. Wouldn’t it be better if you get enough funding and still have more control over the decision making and better incentives?

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
Send an email to [email protected]
Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

00:00 Intro
00:11 The average founder surprisingly only earns a single digit
08:28 The two separate roles: the founder and the owner
12:24 We keep assuming we’ll get incentives externally
20:08 Politics 101 during board meetings
25:08 We have to rely on consequence

Next Episode

I Failed. What Will People Think of Me?

In today’s Startup Therapy Podcast, Wil and Ryan talk about not thinking too much about what other people think. Our emotions are always valid especially when our ideas aren’t appealing enough or when our Startup fails to gain any momentum. We always worry about what other people might think of us and how they will see our failure. But the truth is, no one will remember. No one will care. No one, but you. So, dust it off and start creating a new narrative!

Sign up for the Startups Newsletter

https://www.startups.com/newsletter

Resources: