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Startup Therapy

Business & Economics Podcasts

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.

Location:

United States

Description:

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.

Language:

English

Contact:

702-727-9598


Episodes
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SMALL is the New Big - Embracing Efficiency in the Age of AI

4/15/2024
In this episode of the Startup Therapy Podcast, hosts Ryan Rutan and Wil Schroter discuss the evolution of startups from the emphasis on scaling and headcount to prioritizing efficiency and output, largely due to advancements in AI. The challenges of the past, such as massive payrolls, investor dependency, and expensive infrastructures highlighting the opportunities AI technologies present for startups. The conversation covers the changing landscape where small operations can achieve significant impact without the traditional costs, through examples like remote work, AI-driven efficiencies, and low-cost internet companies. They advocate for a shift in mindset where success isn't measured by headcount or office size, but by the value created with minimal resources. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/community/startup-therapy Website https://www.startups.com/begin LinkedIn https://www.linkedin.com/company/startups-co/ Join our Network of Top Founders Wil Schroter https://www.linkedin.com/in/wilschroter/ Ryan Rutan https://www.linkedin.com/in/ryan-rutan/ What to Listen For 00:00 The Evolution of Startups: From Headcount to Efficiency 01:29 AI and the Future of Work: A New Paradigm 05:14 The Unprecedented Scale and Speed of AI Adoption 07:14 AI's Impact on Staffing and Efficiency 09:39 The Ethical Debate: AI and Job Creation vs. Job Displacement 13:17 AI's Role in Democratizing Entrepreneurship 16:00 Historical Shifts in Startup Dynamics: From Match.com to AI 18:41 The Evolution of Startup Funding 19:33 The Dramatic Shift in Startup Economics 20:42 The Rise of Bootstrapping and Ownership Retention 21:24 Case Study: Plenty of Fish's Revolutionary Approach 24:32 The Future of Startup Costs and Ownership 31:55 Embracing Efficiency and Impact in Startups 33:48 A New Era of Startup Valuation and Efficiency

Duration:00:38:59

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This is BOOTSTRAPPED - 3 Strategies to Build Your Startup Without Funding

3/18/2024
In this episode of the startup therapy podcast, Ryan Rutan and Wil Schroter delve into bootstrapping a startup. They address common misconceptions about funding, emphasizing the importance of making do with what you have and prioritizing what's truly necessary for business growth. The conversation covers practical ways to manage expenses without external funding, including strategies for hiring, marketing, and managing operational costs through discipline and creative solutions. The hosts share personal experience on how to navigate the challenges of bootstrapping, highlighting the importance of being resourceful, making money to spend money, and avoiding typical startup traps. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcasthttps://groups.startups.com/Network of Top FoundersLinkedInWil SchroterRyan Rutan 00:00 Welcome to Startup Therapy 00:08 The Realities of Bootstrapping 01:35 Navigating the Bootstrapping Journey 04:50 Mastering the Art of Compensation in Bootstrapping 22:00 Innovative Marketing on a Shoestring Budget 26:50 Leveraging Vendor Terms and Historical Examples 28:18 The Power of Deferred Payments in Business Growth 33:20 Strategic Use of Credit Cards for Business Expenses 42:20 The Path to Efficient Startup Growth

Duration:00:53:24

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The Spectrum of Investor Advice

3/11/2024
In this episode of the Startup Therapy Podcast, Ryan Rutan and Wil Schroter discuss the complexities of handling feedback from investors, emphasizing the critical need for founders to properly qualify and assess the advice they receive. They highlight the dangers of acting on feedback without considering its relevance, potential bias, and the investor's qualifications. The discussion covers the spectrum of investor types, from well-meaning but inexperienced individuals to top-tier venture capitalists, and the importance of understanding the context and motivation behind their advice. You will find how to advocate for a balanced approach that involves questioning, verifying, and thoughtfully considering advice before taking action. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcasthttps://groups.startups.com/Network of Top FoundersLinkedInWil SchroterRyan Rutan

Duration:00:43:24

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$10K Per Month isn't Just Revenue. It's Life Support

3/4/2024
In today's Startup Therapy Podcast, Wil and Ryan talks about why earning atleast $10,000 per month is one of the most important milestones in your startup career. They stress the need to do whatever it takes to keep your business alive. Hitting this milestone gives you room to handle setbacks and shows that you're making real progress. Tune in for tips on managing startup finances and staying resilient in the ever-changing business world. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:31:52

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Why Do VCs Keep Giving "failed" Founders Money?

2/26/2024
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. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:33:42

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If It Makes Money, It Makes Sense

2/19/2024
In today's Startup Therapy Podcast, Wil and Ryan talks about the importance of generating revenue and being willing to do whatever it takes to move a startup forward. They discuss why it's crucial for entrepreneurs to prioritize generating income and share insights on how to overcome challenges in achieving financial sustainability. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:38:09

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The Hidden Treasure of Failed Startups

2/12/2024
In today's Startup Therapy Podcast, Wil and Ryan talks about the hidden treasure of failed startups. From redefining valuation to creative acquisition strategies, they share insights on salvaging value from adversity. Tune in as they uncover the secrets to success amidst startup wreckage. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:35:48

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My Competitors Just Raised Funds - Am I Screwed?

2/5/2024
In today's Startup Therapy Podcast, Wil and Ryan talks about what happens if your competitor got funded. Join as they discuss the common concern of competitors securing funds and share valuable perspectives on why this might not be a cause for panic. They highlight the importance of maintaining focus, strategic planning, and turning the situation into an opportunity for your startup's success. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:36:25

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Can Having Zero Experience Be a Huge Asset?

1/29/2024
In today's Startup Therapy Podcast, Wil and Ryan explore whether lacking prior experience can be a game-changer for startup founders. Having zero experience means you're new to something, and surprisingly, that can be a good thing. It brings a fresh perspective and adaptability. But for startup founders, could a lack of experience help you succeed or fail? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:33:53

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What If I Build a Startup That Just Makes Money?

1/22/2024
In today's Startup Therapy Podcast, Wil and Ryan talks about whether a founder should focus on building a startup that just makes money. Ever thought about ditching the whole fundraising craze and simply building a startup that puts money in your pocket? Join Wil and Ryan as they navigate the path less traveled, exploring the freedom and sustainability that comes with creating a startup designed to consistently generate profits. It's not just about surviving in the business jungle, it's about thriving on your terms. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:31:19

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How to Get Rockstar Startup Advisors

1/15/2024
In today's Startup Therapy Podcast, Wil and Ryan discuss how you can get rockstar advisors for your startup. Discover the common mistakes people make when they are getting people to be their advisors and what are the best strategies for asking them to be your advisor. Don’t miss out and find out if your startup needs an advisor or do you just need an advice? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:41:07

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Job vs Startup - What Should I Do?

1/8/2024
In today's Startup Therapy Podcast, Wil and Ryan discuss whether you should get a steady paycheck or start your own startup. Choosing between a regular job and starting your own business is a big decision many face. Working a steady job offers security and a predictable income, while launching a startup is all about taking risks and creating something from scratch. Join them as they unpack the realities behind these choices, providing insights that could reshape your career perspective. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:37:14

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Founders Need a Steady Hand in the Storm

12/4/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of managing chaos as a founder. Keeping a startup on track is like steering a ship through rough waters. Founders must stay calm and focused amid the chaos, juggling priorities and tackling problems as they arise. It's about staying cool under pressure, sorting out what matters most, and finding opportunities in the midst of the storm. Ultimately, a founder's ability to handle the daily whirlwind defines their success in the unpredictable world of entrepreneurship. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:37:39

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So You Think You Need a Co-Founder?

11/20/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of having a co-founder. A co-founder can offer numerous benefits for a business. It allows for shared responsibilities, diverse skill sets, and a support system during challenging times. However, finding the right co-founder whose values align with yours and who complements your strengths and weaknesses is crucial for a successful partnership. In this episode, let’s find out how you can choose the right co-founder for your startup and know if you really do need one. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersCheck in with us on LinkedIn | Wil Schroter | Ryan Rutan What to Listen For

Duration:00:34:35

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Can I Scale My Impact Without Scaling My Team?

11/13/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss the concept of scaling without adding or hiring more people. Making a significant impact doesn't always mean having a large team. You can achieve remarkable results with a compact and efficient group. Instead of expanding your team, you can focus on optimizing processes and leveraging innovative tools. Let's delve into the strategies that empower a small team to make a substantial difference, proving that size isn't the only measure of success. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:28:09

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Grind or Guilt, the Founder Dilemma

11/6/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss about the grind and guilt dilemma of founders. Founders often struggle with the never-ending hard work of growing their business, driven by their passion and ambition. This can create a persistent feeling of guilt as they try to juggle work demands with their personal life and health. So how can you achieve a harmonious equilibrium that allows you to pursue your entrepreneurial dreams while also nurturing your mental and physical health and maintaining meaningful relationships? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersCheck in with us on LinkedIn | Wil Schroter | Ryan Rutan What to Listen For

Duration:00:43:44

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Are Founders Driven by Fear or Greed?

10/30/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss whether founders are driven by fear or greed. In the world of startups, there's a question that keeps coming up: what drives founders? Is it the fear of failure, or is it the pursuit of wealth and success, often labeled as greed? In this episode, we delve into the motivations behind entrepreneurs' unique journeys. We explore the delicate balance between these two forces, seeking to uncover what truly fuels the hearts of founders as they navigate their daily challenges. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:26:33

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What if I'm Building the Wrong Product?

10/23/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss how you as a founder will know if you’re building the right or wrong product. Have you ever had an idea, but you're just not sure if it's good? It's something that many entrepreneurs can relate to - that anxious feeling of whether what you think would be a successful product could actually just be a waste of your time. So how do you actually know if you’re building the right product? Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:37:34

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How Startups Actually Get Bought

10/16/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss how startups are actually bought and sold. The process of buying and selling startups can be tricky. It's easy to get confused about how much a startup is really worth, and people sometimes have high hopes that don't match reality. When it comes to getting paid, the way deals are set up can be complicated, with some money coming right away and the rest later, often based on certain goals. To succeed in this startup world, it's important to understand these details and be realistic about what to expect. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:30:55

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Am I Quitting My Startup, Or Letting Go?

10/9/2023
In today's Startup Therapy Podcast, Wil and Ryan discuss when to quit or let go of your startup. If your startup has struggled for an extended period without meaningful progress, causing financial strain, and lacks market validation, it might be time to consider quitting. Additionally, if the startup is taking a toll on your physical and emotional well-being, negatively impacting relationships, or if you've lost passion for the project, quitting could be a wise decision. Remember, quitting isn't always a failure; sometimes, it's a strategic move toward a brighter entrepreneurial future. Sign up for the Startups Newsletter https://www.startups.com/newsletter Resources: Startup Therapy Podcast https://www.startups.com/beginNetwork of Top FoundersLinkedInWil SchroterRyan Rutan What to Listen For

Duration:00:29:05