In today's Startup Therapy Podcast, Wil and Ryan discuss how all problems are not the end of the world for founders. While running a startup can be challenging and bring various obstacles, not every problem leads to failure or signifies the end. Startup founders often encounter a range of difficulties, including financial setbacks, operational hurdles, or competition. However, with resilience, adaptability, and problem-solving skills, founders can navigate these challenges, learn from them, and continue to grow their businesses. It's important for founders to maintain a positive mindset, seek support from mentors and networks, and view problems as opportunities for growth and improvement.
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Resources:
What to Listen For
- 00:00 Intro
- 00:38 Not all problems are apocalyptic
- 03:12 Startup problem vs. True “end of the world” problem
- 11:33 Externalizing the problem normalizes it
- 12:34 Why categorize your problems by levels?
- 15:53 Don’t overprioritize one problem and ignore the others
- 16:53 Stop making everything a level 10
- 20:40 You will never run out of problems
- 27:30 Time will come problems won’t even faze you