In this insightful episode, Charisse Walker sits down with Drs. M. Kim and Todd Saxton, award-winning professors and authors of The Titanic Effect, to unpack the hidden challenges that startups face. Drawing on years of academic research and hands-on experience with venture-funded startups, the Saxtons reveal the unseen 'icebergs'—from technical debt to human dynamics—that often threaten entrepreneurial success. They share invaluable insights into structuring a strong team, validating ideas through customer feedback, and choosing the right business model. Tune in for practical advice on avoiding costly pitfalls, leveraging mentorship, and making thoughtful decisions about automation and technology. Whether you’re a budding founder or a seasoned entrepreneur, this conversation offers strategies to help you steer clear of the 'debtbergs' and stay afloat on your startup journey.
Key Takeaways:
- Business success requires careful planning and attention to unseen challenges.
- Avoiding 'debtbergs' like technical debt can prevent future issues.
- Strong team dynamics and co-founder relationships are crucial.
- Automation can streamline processes and boost efficiency.
- A clear market position is essential for attracting and retaining customers.
- Choosing the right business structure impacts funding and legal compliance.
- Customer feedback is key to validating and refining business ideas.
- Networking and mentorship can accelerate growth and enhance decision-making.
For coaching and speaking opportunities with Charisse Walker contact charissewalker.com
To contact M. Kim & Todd Saxton contact the https://www.amazon.com/Titanic-Effect-Successfully-Navigating-Uncertainties/dp/1642792144
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