Chapter
Startup Struggles and The Do or Die Situation
43:40 - 47:47 (04:06)
The most valuable thing a startup has is the do or die situation, which pushes them to spend more energy on a non-stuck project. However, every business has its problems along the way.
Clips
The most valuable asset of a startup is the high-pressure environment, but when growth stalls or problems arise it can be easy to lose focus.
43:40 - 46:48 (03:08)
Startups
Summary
The most valuable asset of a startup is the high-pressure environment, but when growth stalls or problems arise it can be easy to lose focus. Instead of giving up, it's important to redirect energy towards the areas that are still making progress.
ChapterStartup Struggles and The Do or Die Situation
Episode#158 - Buying Michael Jordan's House (and Making a Profit), Investing in Athletes & Successful Startup-Studios
PodcastMy First Million
Having an unlimited budget can hurt, as it prevents individuals from facing real consequences and it can make people soft.
46:48 - 47:47 (00:58)
Budgeting
Summary
Having an unlimited budget can hurt, as it prevents individuals from facing real consequences and it can make people soft. It's important to focus on one thing and put all your energy into it.