Founder's Guide When to Take Advice And When Not

Sudheesh Nair, co-founder and CEO of TinyFish, shares his insights on navigating startup life, making quick decisions, and managing advice as a founder.

What this video covers

Sudheesh Nair, co-founder and CEO of TinyFish, shares his insights on navigating startup life, making quick decisions, and managing advice as a founder. He discusses the importance of effective communication and the differences between VCs and inexperienced investors.

Transcript

When should founders listen to advice and when not to listen to the advice? >> Every time you hear somebody saying something, it is important to take a pause and do three things. Number one, think about what is their motivation like why are they saying it? If somebody's advocating for Miami as the next capital and it's happening constantly, is it possible that they have invested in real estate in Miami? So think about the motivation. Number two, make sure that their experience aligns with their what they're pontificating. Number three, assume that whatever they are saying may not apply to you. Okay, these three things, think of them as the framework. If you think of them now, you look at the content of what they said. And now what happens is it is possible that the the advice that you're seeing 7% 10% maybe 15% of that is applicable to you that you should take but the other 90% may

not. It doesn't matter who it is. It could be Steve Jobs or uh uh you know Henry Ford or Elon Musk. It really doesn't matter. They are all unbelievably talented people. Some of them generational geniuses but their life experiences. Everything is different. It is important to know that we are all watching performances that others are putting out on a stage. We don't know what's happening in the backstage. You only have backstage pass to one performance, your performance. So it feels like your company is having all the problems. Others are all doing very well. Nothing is ever as good as it looked from outside or as bad as it looked from

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