Episode Details

In today’s Startup Therapy Podcast, Wil and Ryan discuss the importance for founders to identify problems early on and why they should do something about it. Survival is the strategy in Startups so founders should be aware of the early signs of problems  so that they can find solutions to last longer in this game. 

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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
• 01:24 Living to fight another day
• 02:41 Lying with the full intention of making it true
• 04:29 Survival is the strategy
• 08:36 Founders should realize the situation first
• 12:44 Changes can make stay in the game longer
• 14:39 Down round
• 19:27 Invest in the reality of a business
• 22:06 Double up on your winners, and cut pay on your losers
• 24:24 Doing nothing is death