Startup Therapy

Why Most Founders Don't Get Rich


Listen Later

In this episode of the Startup Therapy Podcast, we discuss the common struggles of making money in the startup world. They explore the 'noble' but flawed narrative that founders shouldn't pay themselves, why aiming too big too soon can prevent profitability, and the cycle of raising funding that often leaves founders broke.

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 Introduction to Startup Therapy

00:23 The Broken Narrative of Not Getting Paid

02:35 Self-Sabotage and Going Too Big

04:08 The Funding Trap

05:41 The Harsh Realities of Raising Money

12:07 The Never-Ending Hunger of Startups

14:36 Reinvesting in Growth

15:06 The Reality of Increased Liabilities

15:59 The Fear of Taking Money Off the Table

17:00 The Importance of Paying Yourself

18:14 Balancing Profit Sharing and Salaries

19:07 The Misconception of Startup Growth

21:13 The Dangers of Not Taking Money Off the Table

26:09 Common Sense in Startup Land

27:08 Conclusion: Get Paid Now


...more
View all episodesView all episodes
Download on the App Store

Startup TherapyBy Startups.com

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

125 ratings


More shows like Startup Therapy

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,296 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

536 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

177 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,672 Listeners

Startups For the Rest of Us by Rob Walling

Startups For the Rest of Us

701 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,105 Listeners

The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders by Omer Khan

The SaaS Podcast - AI, Growth & Product-Market Fit for SaaS Founders

186 Listeners

Founders by David Senra

Founders

2,221 Listeners

The Pitch by Josh Muccio

The Pitch

1,482 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,992 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

233 Listeners

My First Million by Hubspot Media

My First Million

2,660 Listeners

Moneywise by Hampton

Moneywise

651 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

21 Listeners

David Senra by Scicomm Media

David Senra

229 Listeners