Startup Therapy

How to be a Horrible Startup Advisor

Ever gotten startup advice that sounded like a fact—but was really just someone’s confident opinion? This episode breaks down why so much startup advice is dangerous, especially from well-meaning advisors who lack self-awareness about their bias and the weight their words carry. Ryan and Will unpack how founders, who often can’t tell “ground truth” from bravado, can be pushed into bad decisions by overconfident feedback—particularly from investors and local “yokels” with narrow worldviews. They share examples from pitch competitions and boardrooms, argue that delivery is often more harmful than the advice itself, and highlight “you might consider” as a simple way to add humility and optionality. The key takeaway: great advisors avoid ego, disclose uncertainty, and help founders synthesize perspectives rather than obey directives. 00:00 Why Advice Needs A Test 01:17 Confidence Becomes Fact 03:39 Pitch Judge Hyperbole 10:30 VC Power Dynamics 15:10 Advice Not Facts 17:03 You Might Consider 18:28 Conflicting Perspectives 22:53 Bias And Obedience 28:07 Do No Harm 32:59 Community Outro 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/

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Which Version of Me is Coming to Dinner Tonight

Ever wonder which “version of you” should show up to dinner, a board meeting, or a team update? This episode breaks down why founders feel like they’re constantly auditioning different personas—optimistic forecaster, calm leader, guarded partner—because the honest answer (“I don’t know” or “we’re struggling”) can carry real consequences with investors, employees, customers, friends, and family. The conversation explores the difference between confidence about an uncertain future versus crossing into deception, the emotional burn rate founders pay to stay composed, and how compartmentalization becomes muscle memory—even through illness, grief, or shutdowns. They highlight how group dynamics push founders to match the room’s tone, and why having one place to take the mask off—like a trusted founder group—can be essential to staying sane and healthy. 03:27 First Pitch Meeting Lesson 04:33 Choosing What To Share 07:26 Buckets Of Consequence 15:54 Gray Area Of Belief 19:07 Founder Pressure Cooker 20:50 Founder Groups And Leaks 27:55 Working Through Pain 30:52 Joy Versus Consequence 36:23 Honesty Sets The Tone 42:06 You’re Not Alone 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/

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The Death of the Technical Cofounder

What if you could build a working prototype without giving away half your company? The episode argues that tools like Claude have ended the old “technical co-founder as early-stage gatekeeper” dynamic: founders used to need a developer to cross the first binary hurdle from idea to product, and some investors also pushed for technical co-founders before funding. Now, founders can ship prototypes in a weekend with an AI subscription, pushing the vulnerability window later and repricing equity. The hosts stress technical talent still matters—especially for scaling and real engineering—but AI exposes the difference between people who only had scarce, auditable-by-no-one skills and those with true product, systems, and architecture value. They compare this shift to past disruptions like TemplateMonster commoditizing million-dollar websites, predicting a sorting of technical roles and a “new” bionic technical co-founder focused more on architecture than gatekeeping. What to listen for: 00:47 Claude Ends the Requests 03:14 The Old Quest for Coders 07:50 When Coding Got Too Hard 10:16 VC Bias Toward Technical 21:59 Prototype Value Myth 29:32 Chaff Skills Explained 31:04 Builders Get The Rocket 42:27 Golden Era For Founders 42:50 Bionic Co Founder 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/

We Do What Other's Won't

What are you actually willing to do to get what you want as a founder? Using Will’s 6:00 a.m., 15-degree framing session and a dumpster-diving Bobcat mishap as metaphors, this episode breaks down what separates founders from everyone else: an “unreasonable” willingness to do hard, risky, uncomfortable things repeatedly—often without any guarantee of payoff. The conversation explores the real price founders pay (uncertainty, rejection, sacrifice, and daily grind), why high achievers used to clear reward loops can struggle in startup chaos, and why outsized outcomes tend to follow people who endure what others won’t. They also unpack common misconceptions about wealth and merit through examples like Jason Calacanis, Elon Musk, and elite athletes, and argue that the deeper reward isn’t money—it’s autonomy and ownership of your outcome. What to listen for: 02:13 Nothing I'm Not Willing to Do 04:41 Why Founders Get Paid 09:47 Rejection and Being Wrong 12:31 High Achievers vs Founders 15:58 Building the Willingness Muscle 18:45 Willingness Beats Talent 29:36 Real Reward Is Autonomy 32:51 Aspiring Founder Reality Check 34:52 Worth It in the End 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/

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Everyone is a startup... Again

What happens when AI turns your hard-won moat into a weekend project? This episode argues that AI has effectively forced established companies back into “startup mode,” wiping out long-held assumptions about products, staffing, and competitive advantage. Will and Ryan break the reset into three shifts: the cost to build and operate has collapsed, big teams and legacy systems have become liabilities, and “everything is buildable” faster than incumbents can adapt. They warn that competitors can now reach product parity quickly and survive with tiny teams that don’t have payroll to protect, making old “wait them out” strategies obsolete. The hardest part is the human reset: org charts, roles, and business models must change even when it means cannibalizing what currently pays the bills. The companies that survive are those willing to restart deliberately, think like founders again, and use experience as the edge. 01:09 Moats Filled Overnight 02:57 Three Switches Flipped 04:07 Startups.com Case Study 06:48 Speedrun Not Disruption 10:01 Competitors That Never Die 16:45 The Staffing Reckoning 17:28 Answers Already Exist 18:00 AI Pivot People Fallout 20:05 Hard Reset Reality 23:10 Big Company Politics 34:09 Level One With XP 36:03 Founders Win Again 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/

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Where were you when I was broke?

Ever notice how people show up loudest after you’ve already won? This episode digs into why founders often get the least support when the risk is highest—and the most opinions once success is “de-risked.” Will shares early moments of having virtually no safety net (including starting with $19, dropping out, and getting doubted), contrasted with the few timely “bricks” that actually changed his trajectory—like a risky $10K loan and a friend’s family offering a place to stay for the holidays. They unpack how funding wins, press, and exits attract late-arriving fans, opportunists, and advice that can derail post-success decisions, and why founders should take inventory of who truly showed up when things looked impossible—and be that kind of support for other founders. 00:39 Elon Money Opinions 02:55 Guidance Counselor Doubt 04:13 Early Support Matters 05:44 Nineteen Dollars Start 06:53 Ten Thousand Loan 09:55 Wide Angle Victory 10:38 Doubt Chokes Founders 11:38 Young Founder Respect 14:59 I Told You So Bias 18:49 Funding Round Whiplash 20:20 Recruiters Disappear 21:30 Success Rewrites History 23:03 Sam Altman Backlash 25:40 Founders After Success 28:32 Timing Is Support 32:00 Must Be Nice Myth 35:56 Bricks in Foundation 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/

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What if I'm the Best, but don't know it?

What if building a company is the fastest way to find out what you’re actually capable of? This episode explores how startups don’t just get built by founders—startups build founders by forcing them into new roles like finance, sales, marketing, design, legal, and leadership, often before they feel ready. Will shares how real stakes (like cash flow and payroll) turned “I’m bad at math” into practical financial skill, and why getting to ~80% proficiency across key areas creates leverage, better decision-making, and protection against getting bullshitted. The conversation digs into how exposure and environment unlock hidden potential (from Lars Ulrich’s story to personal career turning points), why most “I can’t” is really “I haven’t,” and how repeated reps, feedback, and humility turn competence into confidence—plus a cautionary backup-dancer story about confidence without practice. What to listen for: 02:10 Creating Your Own Role 03:59 From Math Failure to Finance 07:04 Asking Dumb Money Questions 09:35 Become What Company Needs 10:47 The 80 Percent Rule 11:42 Agency Skills Stack 15:12 Cross Skill Superpowers 16:44 No One Can Bullshit You 19:05 AI as Private Tutor 20:13 Exposure Creates Greatness 27:03 Defining Moments Reframed 29:18 Dad Versus Computers 32:48 Reinventing Your Identity 39:26 Founder Reinvention Loop 42:27 Craftsmanship And Parenting 45:36 Dance Off Reality Check 52:28 What If And Keep Moving 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/

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Founders Don't Retire

What if “retirement” for founders isn’t about stopping work, but finally getting relief? The conversation unpacks why builders rarely stop building: founders are wired to create, not to consume, and the fantasy of beach life usually shows up at a low-energy point when what’s really needed is recovery. They compare founder burnout to wanting the finish line without running the race, and note how exits often lead from “margaritas” to “domain names” within months because the calling returns once the nervous system resets. The key reframe: separate a recovery plan from a retirement plan, and define “retirement” as creating on your own terms—less panic, fewer hated parts (like investor pressure or endless hours), more control, and a sustainable way to keep doing the work you love. What to listen for: 00:49 Builder DNA and Relief 00:57 Carpenter Story and Pain 03:06 Four Minute Founder Brain 04:31 Broken Retirement Dream 05:13 Reload and Retire Again 06:31 Beach Metaphor Explained 09:58 Athletes vs Founder Longevity 12:00 Vacation Checklist Trap 15:35 No Substitute for Mission 17:29 Finish Line Fantasy 18:45 Recovery Not Retirement 20:35 Builders Need Purpose 25:14 Retired But Uncharged 27:00 Creation Over Consumption 30:16 Retirement On Your Terms 32:26 Design Better Circuits 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/

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The Right Time to Start is Right Now

Ever feel like you’re “almost ready” to launch—just one more feature, plan, or credential away? This episode argues that “ready” isn’t a prerequisite for startups; it’s the result of starting and getting real market feedback. Using examples like selling early software for $1,500, learning web building on the fly, a disastrous (but educational) client pitch moment, and even an impulsive scuba dive, the discussion shows why planning can become productive-looking theater when nothing is being tested. The real cost of waiting isn’t just lost time—it’s lost learning, missed customers, and negative compounding versus competitors who take action. Planning has value only when it directly leads to action, because failure and iteration are the mechanism that reveals what works. What to listen for: 01:14 Plans Meet Reality 02:00 Readiness Comes After 02:34 First Founder Breakthrough 07:41 Micro Center Origin Story 10:07 Cost of Waiting 11:14 Planning Versus Theater 12:23 Test With Customers 14:09 Ecommerce Pitch Fail 16:41 Whiteboard Versus Field 18:48 Learning By Building 19:35 Learn By Doing 20:05 Founder Skill Stack 20:45 Econ 101 Mindset Shift 22:45 Human Potential Unlocks 24:27 Momentum Beats Certainty 25:58 Plan To Learn Fast 30:26 Conditioned To Avoid Failure 34:34 Cost Of Waiting 35:50 Action Over Perfection 36:47 Stop Waiting Start Now 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/

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The Most Expensive Equity Doesn't go to Investors

Why do founders fight over giving an investor 15% but hand out huge chunks to co-founders, employees, and advisors with far less certainty of return? The episode argues that investor dilution is often the cleanest trade because cash and terms are clear, while “everyone else pays in maybes and promises.” It warns that early-stage equity feels worthless but represents 100% of a company’s future value, so giving away 50% to a near-stranger can become a permanent cap table problem that also costs speed, optionality, and sanity. Practical fixes include vesting, cliffs, tying equity to real value creation, defining what happens if someone stops contributing, and putting breakup terms in writing early. The discussion also critiques employee equity as time-based rather than performance-based, and advisor equity as often unaccountable, where tiny percentages can hide very expensive outcomes. What to listen for: 00:00 Investor vs Founder Equity 01:26 Equity Is Priceless 03:43 Co-Founder Split Hangover 06:04 Why People Underperform 11:15 Fairness Turns To Resentment 12:44 Will's Unsubscribe Story 15:53 Vesting And Breakup Terms 18:17 Early Employees Option Pool 20:26 Equity As Compensation Trade 21:59 Paying Twice With Equity 22:14 Does Equity Change Effort 23:10 Lottery Ticket Reality 27:23 Equity Rewards Three Things 27:37 Advisor Equity Math 31:00 Reputation Versus Contribution 33:30 Network Intros Social Capital 35:56 Advice Has Shelf Life 40:24 Pricing Advisor Time 44:06 Treat Shares Like Cash 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/

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How to be Great at Worrying

Ever wake up at 3:00 AM convinced your startup is about to break? The conversation unpacks how founders can’t really “leave work,” and how constant vigilance can turn into fear dressed up as responsibility—endless rumination that produces stress, not decisions. Will shares decades of 3:00 AM worry cycles, the superstition that anxiety prevents disaster, and how even vacations get hijacked by disaster simulations (including getting hacked on the way to Comic-Con). They draw a line between real thinking that creates options and looping that creates suffering, then discuss practical replacements: box breathing to fall back asleep, gratitude to reset perspective, and self-talk that puts the “experienced founder” back in charge. The goal isn’t to stop worrying, but to channel that energy into small, solvable actions instead of spirals. What to listen for: 00:41 Learning to Worry 01:21 Walk the Lot Mindset 03:28 Fear as Responsibility 05:07 Paranoia and 3AM Ceilings 06:25 Anxiety Superstition Loop 08:18 Vacation Disaster Mode 10:21 Thinking vs Rumination 13:10 Breathwork Replacement 14:14 Milestones Won't Fix It 15:53 Experience Adds Knives 18:47 Fear Makes It Worse 19:39 Worry As Energy 21:24 Productive Distractions 22:29 Finish Small Tasks 23:39 Save It For Morning 27:17 Worry Versus Solving 31:13 One Pebble At A Time 34:59 Make Worry A Superpower 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/

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Can Startups Be a Team of One?

What happens if building a startup no longer requires a team? The conversation explores how AI is rapidly turning the classic “product + developer + marketer” founding trio into an optional choice, making one-person companies the new default as tools get dramatically better and far cheaper than hiring. They unpack how this shift changes equity, speed, and the quality filter that co-founders and teams used to provide, while also threatening many “on-ramp” roles like customer support and other knowledge-based services (accounting, payroll, legal). They wrestle with the economics that push founders toward AI, the competitive pressure that makes it feel unavoidable, and the human costs—loneliness, loss of pushback, and erosion of culture. Ultimately, they argue that hiring humans may become a luxury reserved for uniquely human value: creativity, leadership, intuition, and genuine connection. What to listen for: 01:04 Inside View of Founders 02:38 Economics Meets Capability 03:01 Generational Shift in Startups 05:58 From Co-Founders to AI 09:09 Equity as Quality Filter 10:44 Humans Optional Now 12:04 One Person Startup Math 14:23 Moats Erode Overnight 15:32 Jobs First to Disappear 18:14 Disruption and New Demand 19:59 Next Roles on the Chopping Block 21:00 Gatekept Knowledge Flips 22:01 AI Becomes Hygiene 23:45 Where Humans Matter 24:33 Pushback And Refinement 28:33 Loneliness Rubber Band 30:36 Humans As Luxury 34:20 Hiring Math Breaks 39:02 Culture Versus Cost 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/

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Why are we Really Building a Startup

What are you really trying to fix by building this company—and what happens when you finally admit it? The conversation unpacks how founders often default to a public “change the world” story while their private motive is something more personal like safety, control, validation, belonging, autonomy, or even revenge. When that real why stays hidden, decisions get miscalibrated and founders chase the hardest possible path (like massive VC rounds) even when a smaller outcome might satisfy the true need. They discuss how these motives “leak out,” especially after selling a company and realizing you’re no longer needed, and why success (even IPO-level) rarely erases old wounds. The key is naming the motive, right-sizing the plan to it (“minimum viable ego”), and building a deliberate version of success that fits what you’re actually optimizing for. 00:00 Founders Lie to Themselves 01:53 Public Why vs Private Motive 02:58 Freudian Roots of Drive 03:37 Will’s Safety and Control Story 07:11 When the Why Leaks Out 07:35 Selling and Not Being Needed 09:57 Validation as True North 12:01 Ryan’s North Star Revealed 13:45 Will’s Revenge and Proving 16:07 Steve Jobs Still Hurt 17:57 Haters And Criticism 18:44 Minimum Viable Ego 19:29 Different Success Thresholds 20:47 Stop Trying To Prove Them 21:22 Pick The Right Vehicle 22:05 The Villain You Invent 23:45 Success Doesnt Fix You 29:17 Money And Marriage Myths 30:25 Alignment Over Ego Death 31:03 Autonomy As The Real Goal 32:34 Own Your Motivation 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/

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We Rarely "Control" Our Startups

Worried about “losing control” because of dilution? This episode breaks down why equity is a poor proxy for control in startups: the cap table splits money, while control is defined by decision rights in the operating agreement and enforced through board voting. The hosts explain how founders can own most of the company yet still need permission for key actions (like senior hires), how boards are built (often 2 founders, 2 investors, 1 independent), and how board math can outweigh founder ownership—especially when things go wrong. They also cover how operating agreements get rewritten each funding round, how founders can be fired even if they own a majority, and why investors can control outcomes through financial leverage when runway is low. The core advice: define non-negotiables early, focus on governance and runway, and stay funded and credible. What to listen for: 00:00 Control Is Not Equity 00:29 Investor Leverage Wake Up Call 02:53 What Founders Mean By Control 04:08 Co Founder Control Myth 07:47 Operating Agreement Rules 10:57 Protective Provisions Explained 14:48 You Can Be Fired 19:07 Boards And Governance 21:47 How Funding Changes Control 24:13 Board Coup Reality 24:42 Board Math Wins 25:25 Voting vs Ownership 26:32 Operating Agreement Changes 28:52 Cash Leverage Control 32:27 Credibility and Sentiment 35:46 Founder Nonnegotiables 40:43 Change of Control Rights 44:00 Exit and Liquidity Traps 45:19 Governance Over Equity 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/

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Founders Need Finish Lines

Ever feel like you hit a milestone in your startup and immediately get handed the next problem? The episode explores why startup work rarely delivers a true sense of “done,” how founders get trapped by the arrival fallacy (believing the next round, milestone, or cushion will finally bring relief), and how the constant threat of being “eaten” by faster competitors turns ambition into paranoia. Ryan and Will compare the endless nature of startups to more finite work, discuss how chasing metrics and despising complacency fuels chronic restlessness, and share personal examples of goals that didn’t bring fulfillment. Their takeaway: startups are an infinite game, so founders need to create completion outside work—through finishable, tangible activities like cooking, workouts, sports, cleaning, or building projects—because completion is psychological maintenance, not a luxury. What to listen for: 01:37 Goals vs Fulfillment 02:46 Arrival Fallacy Explained 03:42 Milestones Aren't Meaning 05:16 Dopamine and Restlessness 05:40 Painful Arrivals Stories 09:13 Despising Complacency 11:00 Getting Eaten Alive by Change 16:09 Contentment vs Career Metrics 18:24 Ad Break and Lamborghini Setup 19:22 Breaking Down The Fees 19:40 Paranoia About Losing It 20:30 Advice Comes With Bias 21:08 Founder Scarcity Mindset 22:54 Finding Completion Offline 26:32 Why Startup Wins Feel Empty 31:41 Small Finishes Refill The Tank 33:16 Buying Stuff Won’t Fix It 35:57 Appreciation Versus Earning 37:34 Manufacture Your Finish Line 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/

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What Should My Expectations Be?

Ever feel like you’re working nonstop and still falling behind? The discussion argues founder happiness and decision-making improve fastest by recalibrating expectations, because “happiness = reality ÷ expectations.” Using stories from trading work for pizza or restaurant tabs to later winning massive business, it highlights how low expectations can make progress feel rewarding, while the “snowflake myth” and unpriced optimism create entitlement and disappointment. They distinguish aspiration (what you’d like) from expectation (what must happen), urging founders to replace unicorn fantasies with concrete, earned milestones like revenue, payroll, and product-market fit. They stress startups take far longer than most timelines claim—often 5–10+ years—even for legendary companies, and warn that funding timelines and social comparison can trigger panic and bad decisions. 00:37 Pizza Paper Hustle 01:41 Rib Money Origins 03:07 From Ribs to Lilly 04:30 Happiness Math Formula 05:59 Lambo Expectations Check 07:47 The Snowflake Myth 08:09 Optimism vs Expectation 09:19 IPO Odds Reality 10:53 Aspiration Not Debt 12:07 Milestones Over Unicorns 15:06 Time Myths and 3x Rule 17:36 Funding Clocks and Panic 20:42 Startup Mythology Trap 24:08 Five to Ten Year Truth 24:38 Overnight Success Myth 25:19 Funding Timeline Trap 26:01 Check Your Premises 26:54 Entitlement Mindset 28:19 Effort Versus Results 30:05 Earning Versus Inheriting 35:51 Milestones Not Home Runs 37:57 Small Wins Ladder 41:06 Expectations And Comparison 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/

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What Actually Happens When A Founder Runs Out of Gas?

What do you think really happens if you burn out and step away for a minute? The conversation breaks down how founders often imagine an apocalyptic chain reaction—customers leaving, the team collapsing, investors panicking—when in reality burnout is a predictable capacity ceiling and most worst-case scenarios don’t happen. They argue the real danger is pretending burnout won’t come, pushing until physical failure, and keeping recovery secret, which can create the chaos founders fear. Using sports analogies, they emphasize that staying “on the field” nonstop makes you a liability, and that planned breaks build resilience, give teams room to step up, and help founders regain creativity and effectiveness. The core takeaway: treat recovery like required maintenance, plan for it, and build a company that doesn’t depend on you 24/7. What to listen for: 00:57 Apocalypse Scenario 02:12 Always On Mentality 03:49 No Built In Breaks 06:56 Superman Plan Fails 08:06 Burnout Warning Signs 10:32 Atlas Shrugged Reality 15:22 Hockey Shift Lesson 16:23 Fear of Replacing Yourself 16:46 Stop Guessing Get Help 17:19 Burnout Nightmare Myths 19:14 When Investors Shrug 20:57 Youre Not The Main Character 23:24 Let The Team Step Up 25:14 Breaks Prevent The Crash 27:06 Vacation ROI Mindset 29:34 Plan Recovery Like Taxes 31:44 Durable Not Tireless 33:22 No Great Company Empty Tank 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/

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The Value of Distraction

What if the thing that looks like a distraction is actually the move that saves your startup? This episode breaks down why the “stay focused at all costs” advice can be risky when you’re still figuring out what actually works. The hosts challenge the myth of the linear startup path, arguing that side quests—small, intentional experiments with capped downside—create learning, reduce single points of failure, and help you earn the right to pivot with evidence instead of vibes. They share how Fundable’s early equity crowdfunding push revealed founders were unprepared to raise money, which led to a major side quest: doing diligence on about 100 companies, talking to 200+, and acquiring six venture-backed businesses—work that became the genesis of startups.com. Along the way, they highlight the value of the quest itself (market intel, understanding what not to do, faster learning) and even mention an extreme near-distraction: briefly considering buying Atari. The conversation also reframes common “side quests” like doing services work while building a product, arguing that bringing in revenue to stay alive isn’t a distraction—it’s the business. They clarify the difference between a side quest (exploration) and a pivot (committing to a new direction), and point to the podcast itself as an example of a side quest that became a major long-term asset after a rough start. What to listen for: 00:40 The AI Newsletter Moment That Sparked the Topic 01:47 What a “Side Quest” Means for Founders 03:45 The Myth of the Linear Startup Path 06:34 When Focus Becomes a Liability: Certainty, Ego & Roadmaps 10:04 Side Quests as the Ongoing Lab (and Why It Never Ends) 12:01 Case Study: Fundable 2012 and the Crowdfunding Gold Rush 15:48 The Pivot: Founders Needed Help, Not Just a Platform 18:07 Side Quests Done Right: Controlled Experiments (…and Almost Buying Atari) 18:42 The Wild Idea: Almost Buying Atari (Nostalgia vs. Distraction) 19:48 Why Side Quests Matter: Learning More Than the Outcome 20:42 Founder-Forward Deal Talks & Market Intel as a Force Multiplier 22:10 Side Quests as “Insurance”: Selling the Learning to Skeptics 23:48 The Classic Startup Side Quest: Services to Pay the Bills 27:14 Side Quest vs. Pivot: Exploration First, Commitment Later 27:52 The Podcast as a Side Quest That Became Core to the Business 30:26 Earning the Right to Pivot: Evidence, Courage, and Finding Truth 34:20 Closing: De-Risking Through Exploration + Startups.com Community Invite 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/

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Master Failure

What if failure isn’t something to avoid, but a skill to master? This episode breaks down why startups can’t be built on certainty—new markets, new products, and new teams mean you’re guaranteed to be wrong a lot. The goal isn’t to “be right,” it’s rapid error correction: make decisions, ship anyway, learn fast, and recover even faster. The conversation covers how avoiding failure leads to paralysis (“steering a parked car”), why indecision compounds in startups, and how to reduce risk by keeping failures small, reversible, and frequent (kill switches, stop rules, and capped losses). They share early personal stories—school fights and a childhood cattle business collapse—to show how overcoming real consequences builds confidence and resilience. Practical examples include choosing an ICP quickly, improving poor conversion rates through iteration, using vesting/cliffs when picking co-founders, and why even top VCs still miss constantly. The key takeaway: the most dangerous competitor is the one who isn’t afraid to get hit, recover, and keep coming back—because that’s as close to “invincible” as a founder can get. What to listen for: 02:01 Failure Isn’t the Enemy: Stop Optimizing for Being Right 02:59 The Founder Reality: Uncertainty, Rapid Error Correction & the Boxing Analogy 03:44 Safety vs Startups: Why Most People Avoid the Risk 05:24 ‘Steering a Parked Car’: Indecision Kills Startups 07:54 Make the Call, Learn Fast: Small Failures, Big Truths 09:02 We’re Conditioned to Fear Failure (School, Work, Relationships) 11:59 Will’s Origin Story: Jason Barker and Learning to Beat the Monster 14:48 Choosing to Fail on Purpose: Turning Fear into a Superpower 17:06 Ryan’s First Big Failure: The Farm/Cattle Business Lesson Begins 17:45 Cash-Strapped Expansion: Inventory Leverage & a Brutal Winter 18:09 When the Side Hustle Needs a Side Hustle (and the Cost of Neglect) 18:35 Failing Hard at 12: Losing Animals and Learning to Plan 19:51 Founders Don’t Win by Being Right—They Win by Taking Hits 21:36 Shipping While Wrong: Marketing Experiments, MVPs, and Momentum 22:51 Hiring, Co-Founders & Investors: Why Nobody Can Pick Perfectly 24:00 The Real Skill: Recovering From Failure (Resilience as a Reflex) 30:26 Small Blast Radius, High Frequency: Reversible Bets & Kill Switches 31:13 Failure Is Portable: Building a House, Living ‘Why Not,’ No Regrets 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/

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We Can't Predict the Future Anymore

Is AI truly the game-changer for startups, or does it bring unexpected chaos? This episode dives into how AI is transforming forecasting, marketing, product development, employment, and investment in the startup ecosystem. Ryan Rutan and Will Schroter discuss the rapid pace of change brought by AI, including the exciting opportunities and the unsettling uncertainties. They explore how traditional pillars of business like hiring, marketing, and customer acquisition are being upended, creating both new challenges and avenues for innovative founders to thrive. Tune in to understand how to navigate this AI-driven landscape and leverage the chaos for maximum impact. 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 and Future Predictions 00:49 The Impact of AI on Business Models 02:06 AI's Rapid Advancement and Market Disruption 04:17 Challenges in Marketing and Content Creation 10:04 Hiring and Talent Management in the AI Era 15:18 Product Development and Market Relevance 17:04 Industries Vanishing Overnight 17:32 The Accelerating Pace of Change 18:20 Investment in the Age of AI 19:07 The Future of Startup Funding 22:31 The Shrinking Moat of AI 24:54 Compounding Anxiety in the Startup Ecosystem 33:37 Founders: Built for Chaos 35:53 Embracing the Problem Business

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