Startup Timing

What this short covers

The timing of a startup, which is a key aspect of founder psychology and entrepreneurial journey. It touches on the personal and strategic considerations founders face regarding when to launch and grow their ventures.

Transcript

Let's talk about startup timing scenarios. 90% of startups fail, but the one thing that is one of the biggest ingredients that triggers that failure is ultimately poor timing. You can have the best team and an amazing product, but if the market timing is not there for you, it's just going to be a flop. So, how do you derisk that? It starts by really understanding the market that you're entering. The first example is a small market that is not growing. Think about, for example, selling fax machines. You got to stop it right there. Then the next one is a large market that was growing in the past. For example, it could be smartphones, right? Mega market, but again growing in the past, right now towards the future, it's not going to be the case. The next one is being a small market and too early. Think about Sam Alman when he says if the biggest tech enthusiasts are not using your product

every day, it's probably not worth it. And then it's small market and growing quickly. This is where you want to be. This is the holy grail. If you're raising money, go to startupf fundraising.com and raise three times faster with AI.

Founder Psychology guides to read next

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• Working With a Head of Sales | Startup Fundraising
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