In today's Startup Therapy Podcast, Wil and Ryan talks about why investors choose to invest on “failed” founders. They debunk the myth that failure marks the end of a founder's journey and shows why giving people a second chance is the best investment. Tune in as they explore the investor mindset, focusing on why they prefer to invest in founders who have shown they can bounce back and learn from failure, ultimately changing how we think about startup success.
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Resources:
What to Listen For
- 00:00 Intro
- 01:03 Why giving people a second chance is the best investment
- 02:29 Redefining failure
- 04:59 “One failure doesn’t make the person a failure…”
- 09:30 If you’re making mistakes, you’re also learning
- 10:05 Spotlight on failure
- 13:59 The value of experience
- 16:49 Before the failure, there was a success
- 20:33 Trust and familiarity in investor-founder relationships
- 23:21 Challenge of investor decision-making
- 27:14 Focusing on building relationships
- 30:42 Investing in the founder’s mindset rather than ideas
What is Startup Therapy?
The "No BS" version of how startups are really built, taught by actual startup Founders who have lived through all of it. Hosts Wil Schroter and Ryan Rutan talk candidly about the intense struggles Founders face both personally and professionally as they try to turn their idea into something that will change the world.