The challenging question of whether the sacrifices made in pursuit of entrepreneurial success are ultimately worth the payoff. Will retells his personal story of almost buying an expensive house in Bel Air only to realize, thanks to his wife's intervention, that it wasn't what he truly wanted. The duo explores themes of sacrifice, payoff, and how aligning personal goals with true desires can lead to genuine happiness and fulfillment. Whether it's the freedom to travel or the joy of creating something with your hands, this episode urges founders to carefully contemplate their end goals and ensure their sacrifices lead to meaningful rewards.

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:
00:25 The Beverly Hills House Dilemma
03:05 Reflecting on Sacrifices and Payoffs
06:52 The Decision to Move Back to Ohio
13:42 The Value of Freedom and Purpose
17:46 The Danger of Undefined Goals
22:15 The Illusion of Goals
23:19 Realizing Unwanted Desires
24:13 Shifting Ambitions
26:21 The Fear of Losing Ambition
27:54 Evaluating Sacrifices
33:48 Finding True Fulfillment
36:31 Building a Dream
42:38 Advice for Founders

The critical do's and don’ts after a big financial win as a startup founder. They emphasize the importance of not oversharing about your wealth, shifting from an offensive to a defensive mindset, preserving your gains, and being cautious about new investments. They also explore how to handle the psychological and social challenges that come with newfound success, using real-life examples and practical advice to ensure you don't blow your hard-earned money.

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:
00:52 The Myth of the Big Exit
01:52 Emotional and Psychological Impact of Wealth
02:58 The Speech: Congrats, Now Don't Mess It Up
04:23 Financial Management for Newfound Wealth
06:11 The Three Js of Wealth: Judgment, Jealousy, and Jockeying
06:47 The Importance of Keeping Financial Information Private
20:06 The Shift from Offense to Defense in Wealth Management
22:24 The Founder Mentality Shift
23:53 The Casino Analogy
26:45 The Importance of Playing Defense
30:18 The Danger of Proving Yourself Again
36:33 The Save Point Strategy
44:19 The Burn Rate Dilemma
45:24 Conclusion: Preserving Your Wealth

Ryan and will talks about a critical issue many founders face: knowing when to say 'enough is enough.' They explore the constant pursuit of growth both personally and professionally and how it can turn into a liability if not checked. They dive into the psychological roots of why founders struggle with the concept of 'having enough,' the impact of a scarcity mindset, and the importance of recognizing diminishing returns. The hosts share personal anecdotes and offer practical advice on how to balance ambition with fulfillment, emphasizing the need for diversified 'buckets' of happiness beyond just business success.

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:
00:07 The Founder’s Dilemma: Knowing When Enough is Enough
01:26 The Scarcity Mindset and Its Impact
02:35 The Law of Diminishing Returns
03:12 Personal Anecdotes on Ambition and Satisfaction
05:38 The Concept of Utility in Economics
12:00 Balancing Growth and Happiness in Startups
16:56 Post-Exit: The Risk of Overreaching
20:11 The Downfall of a Legend
21:15 The Cost of Ambition
22:32 The Utility of Wealth
23:25 Chasing More: A Founder’s Dilemma
25:42 The Search for True Happiness
28:48 Redefining Success
33:50 Balancing Ambition and Value

How entrepreneurship can transform lives and communities? Will shares his personal journey from a challenging childhood to becoming a successful entrepreneur. They explore whether entrepreneurship can be a means to alleviate poverty, emphasizing the importance of hope, a safety net, and access to education and mentorship. The conversation dives deep into the potential impact of entrepreneurial initiatives on economic development and the need for structured support to foster entrepreneurial success on a global scale.

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:
00:40 The Power of Entrepreneurship to Alleviate Poverty
01:17 Personal Stories of Entrepreneurial Beginnings
02:34 The Ripple Effect of Entrepreneurship
03:38 Teaching Entrepreneurship as a Lifelong Skill
04:46 Hope as the Foundation of Entrepreneurship
05:37 Early Wins and Their Impact
07:17 The Importance of Small Wins
08:20 The Role of Hope and Pride in Entrepreneurship
12:15 The Willingness to Fail
22:49 The Risk of Failure for the Broke
23:45 Historical Context and Immigrant Success Stories
24:46 The Luxury of Credit and Capital
27:03 Entrepreneur Welfare and Venture Capital
29:14 The Case for Minimum Basic Income for Founders
29:40 The Parallel with Education and FAFSA
38:47 The Need for Structured Entrepreneurship Education
39:47 The Role of Hope and Security in Entrepreneurship
45:46 Entrepreneurship as a Solution to Poverty
47:34 Join the Startups.com Community

In this episode of the Startup Therapy Podcast, Ryan and Will discuss the challenges and dynamics of blending friendship and professionalism in startups. They delve into the potential pitfalls of treating your startup team like a family, the consequences on both founders and employees, and the importance of setting clear boundaries. They highlight shared experiences from their early careers and emphasize the need for empathy, respect, and a professional approach to lead effectively without compromising authority.

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:

00:08 The Illusion of Startup as a Family

00:55 Early Career and Peer Dynamics

01:50 The Reality of Founder-Employee Relationships

03:46 The Pitfalls of Treating Employees as Family

05:54 Transparency in Startups: A Double-Edged Sword

07:13 Shared Risk and Misinterpreted Bonds

09:32 The Inevitable Strain on Relationships

12:17 The Limits of Friendship in Startups

16:18 The Evolution of Team Dynamics

18:12 A Throwback to Early Company Culture

18:31 The Impact of a New Hire

19:19 Cultural Misalignment and Realization

20:15 Adjusting Company Culture

21:43 Balancing Professionalism and Empathy

22:50 The Importance of Boundaries

24:18 The Dangers of Forced Inclusivity

28:24 Personal Experiences with Cultural Fit

32:20 The Family vs. Professional Sports Team Metaphor

36:42 Final Thoughts on Company Culture

Ryan and Will talk about the growing role of AI in startups. They explore how AI is automating traditional founder tasks like writing, coding, and analyzing data. The conversation delves into the existential threat AI poses to the founder's role and how founders can adapt to this new landscape. They argue that founders should embrace AI to focus on creativity, curation, and leadership rather than being bogged down by routine tasks. The episode underscores the importance of evolving with technology to enhance productivity and innovation, ultimately redefining the founder's job description for the future.

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:
00:34 Can AI Replace Founders?
01:16 The Evolution of AI Capabilities
02:03 AI's Impact on Copywriting and Creativity
03:28 AI in Advertising and Idea Generation
04:44 Embracing AI for Efficiency
06:31 AI as a Force Multiplier
09:44 The Future of AI and Founders
14:36 AI in Coding and Development
17:08 Leveraging AI for Business Growth
19:13 Simulating Business Scenarios with AI
19:38 The Role of AI in Business Decision Making
19:53 The Timeless Nature of Business Challenges
20:48 Embracing AI for Efficiency
21:12 The Unique Human Element in Business
23:40 The Future of Founders in an AI-Driven World
25:50 The Evolution of Founders' Roles
28:05 Leadership and Determination in Business
30:47 The Importance of Vision and Adaptability

In this episode of the Startup Therapy Podcast, Ryan and Will talk about what happens when you hit all your big goals and realize there might not be any more mountains left to climb. They discuss the complex feelings and identity crises that can emerge when success is achieved, and reflect on how to find new meaning and satisfaction beyond traditional goal-setting. The conversation touches on personal anecdotes, the concept of enjoying the process, and how to appreciate the journey in a fulfilling way.

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:
00:27 The Identity Crisis of Achieving Goals
01:05 Personal Reflections on Goal Setting
02:25 The Evolution of Goals Over Time
04:14 The Reality of Achieving Big Goals
07:04 The Trap of Sensationalizing Goals
10:58 The Diminishing Returns of Goal Achievement
19:06 The Two Paths of Goal Setting: Pleasure vs. Pain
20:40 Understanding Pain and Relief
21:42 The Myth of Success Equals Happiness
22:32 Existential Goals and Realizations
23:31 The Challenge of Finding Fulfillment
25:23 Enjoying the Journey vs. The Destination
29:12 Reevaluating Ambitions and Goals
33:11 Building for the Sake of Creation
36:59 Infinite Games and Lifelong Pursuits

Will and Ryan talk about the fascinating and often overlooked journey of reinventing oneself. Will shares his diverse background, from being an ad guy to becoming a multi-time startup founder, and stresses the importance of embracing various roles to build a comprehensive skill set. The duo emphasizes that becoming a founder isn't a job you get hired for but one you create yourself. They explore how personal and professional reinvention can be the key to success in the startup world, encouraging founders to see themselves as a composite of their varied experiences. The episode is filled with personal anecdotes, practical advice, and an inspiring message: you are not confined to one identity or role — your potential is ever-evolving.

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:
00:43 The Journey to Becoming a Founder
01:28 Reinventing Yourself as a Founder
02:31 The Value of Diverse Experiences
03:55 A Humorous Job List
08:11 The Role of Exposure in Career Choices
13:06 Breaking Free from Career Constraints
19:46 Early Career Hustles
20:22 Learning from Experience
20:53 First Sales Job
21:30 Unexpected Opportunities
23:22 Reinvention Starts Small
24:06 Curiosity and Career Growth
26:14 Building Skills Over Time
28:04 The Power of Starting Small
30:10 Embracing Continuous Learning
32:21 The Value of Diverse Experiences
39:59 Reinventing Yourself as a Founder

Ryan and Will talk about the growing isolation that founders are feeling despite having more ways to connect. They delve into how the shift to remote work, the impact of social media, and the rise of AI have contributed to stripping away the humanity from our daily interactions. They share personal experiences and offer insights into why this sense of loneliness has worsened, and most importantly, explore actionable steps founders can take to reconnect, feel less isolated, and build meaningful relationships in an increasingly digital world.

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:
01:05 The Paradox of Connection and Loneliness
02:36 Impact of Remote Work on Founders
16:17 The Role of Social Media in Isolation
20:49 The Distorted Reality of Social Media
21:24 The Cynicism Towards Social Media Posts
22:19 Creating Private Spaces and Personal Connections
23:15 Declaring Relationship Bankruptcy
26:53 The Impact of AI on Authenticity
31:08 The Future of Human Interaction in a Digital World
35:33 Combating Isolation as Founders

Ryan and Will discuss the journey of becoming a confident founder. Celebrating their 300th episode, they reflect on how learning to lead and building confidence starts with curiosity. They emphasize asking questions, even seemingly silly ones, to gain knowledge and confidence. Will and Ryan also dive into the importance of challenging oneself incrementally and being willing to make mistakes as key steps in growing confidence. They share personal anecdotes and practical advice, making a case for bravery, perseverance, and learning from failures. Perfect for any founder grappling with self-doubt or seeking actionable steps to boost their confidence.

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:
00:58 Building Confidence Through Practice
05:25 The Power of Curiosity
09:25 Asking the Right Questions
14:58 Taking on New Challenges
19:03 Building Confidence Through Small Victories
19:40 Teaching Kids Micro Challenges
20:09 Challenging Yourself Incrementally
21:17 The Line Between Ambition and Recklessness
22:19 Learning Through Incremental Steps
25:37 The Importance of Being Wrong
27:41 Building Confidence as a Founder
31:33 The Role of Bravery in Confidence