All Founders are Beloved In Good Times

In today’s Startup Therapy Podcast, Wil and Ryan discuss what happens to founders during the tough times. When things are going well, when you just got funded, and when you’re finally getting that high revenue, everybody loves you. But when things go south, no one is around. Sure, you feel emotionally betrayed at this point because you trusted them right? But is there a way you can avoid this in the beginning?

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Resources:

• Startup Therapy Podcast 
• https://www.startups.com/begin
• Join our Network of Top Founders 
• Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

• 00:00 Intro
• 02:51 No one will love you during the bad times
• 03:59 Raising capital is like the first date
• 05:43 Creating more liabilities
• 07:25 You haven’t proven anything yet
• 09:45 People will surround you because you have money
• 13:49 Staffing up is your most ignorant time
• 22:44 Feeling emotionally betrayed
• 23:35 Fake metrics & early projections
• 27:11 We get fooled during the good times
• 29:32 Nobody wants to lead when things get tough
• 30:51 Your team’s values get measured during bad times
• 34:45 The character of a founder