Surviving the Startup Grind [Entire Talk]
Startups
Scaling a startup isn’t a linear path. Sometimes you can launch with the wrong assumptions, fail to attract initial users, miss some big opportunities, and still succeed if you stay committed.
Duration
45:01
Part of Series
Entrepreneurial Thought Leaders
Season
Season 15
Episode
9
In 2013, Sam Yam teamed up with his former Stanford roommate Jack Conte to create Patreon, a platform that connects content creators with members who provide recurring revenue. As co-founder and CTO, Yam built Patreon into a service that has funded more than one hundred thousand creatives, channelling more than one billion dollars to musicians, podcasters, and artists of all kinds. He describes the intense grind of scaling Patreon and looks at three central challenges that face most entrepreneurs, then focuses in on what makes the entrepreneurial path worth it.
Video clips from: Surviving the Startup Grind [Entire Talk]
- 3:12Users aren’t attracted to great ideas that lack a proof-of-concept. But show a single example of success, and customers will follow.
- 4:32Users won’t follow your rules. Often, you have to release a product before you can prove your assumptions wrong.
- 4:52Escape the toxic cycle of second-guessing yourself.
- 2:06Outcomes are hard to predict, so find a passion and then focus.
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Startups