Episode Details

In today’s Startup Therapy Podcast, Wil and Ryan talk about where founders should put their focus on. Growth or profit? Can you focus on both? The true measure of a founding team is the success of every bet made and the ability to bounce back from the negative consequences of these bets. You can focus on returns and not see much growth or grow exponentially and invest in hiring more people. Either way, it’s always about achieving your ultimate goal.   

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Resources:

• Startup Therapy Podcast 
• https://www.startups.com/begin
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• Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

• 00:00 Intro
• 00:09 Why profit should always be the motive
• 05:54 You can’t simply mimic successful Startups
• 12:39 Give yourself enough time to learn everything about the business
• 21:15 Growth can also be very distracting
• 26:12 They all look like great when they’re just ideas