Thanks a lot, Michael, Our whole startup is referring to the information you provide through youtube videos, especially the one you made which explained what makes the top10% founders, please keep doing this ..it helps a lot of people than anyone can ever imagine.
Just met you Michael and it was in the perfect time. I'm starting a startup and your video gave me a lot of insights that maybe will change some paths that we had decided. You opened our eyes. Congratulations for the video and for the time you invested sharing those valuable informations. Let's win from the competition right now!
About extraordinary engineers and how they never say "I've never done it before" - same thing goes for extraordinary cofounders or employees. But the downside for this that you need to be open with mistakes and failures. Especially for engineers, if they are doing something they've never done before, chances are they'll make mistakes, but since they are not intimidated by it they will get back up quickly and do it again.
He's looking at a different version of slides with all the 4 or 5 or 6 sub points laid out. He should have shared that on the screen, that would make for better retention
Building revenue in a startup has a cost (cost of sales) & takes a physical effort from sales people. Hard to do while you're still concept tweaking, but without revenue you have no business. No value.
100% incorrect about KPIs. I guarantee KPIs are different at 50k, 5million, 500 million and 5 billion independent of industry. Software SASS people are hilarious. 0% need to have a technical co-founder ever.
Michael this is by far one of the best talks, you have given, really hit those areas us start ups struggle with. Many thanks.
Cofounder conflict
No product market fit
Stalling innovation and product development
Treating investor as a boss
absolute king
The knowledge that Michael drops is still relevant today. He know what he is talking about.
Thanks a lot, Michael, Our whole startup is referring to the information you provide through youtube videos, especially the one you made which explained what makes the top10% founders, please keep doing this ..it helps a lot of people than anyone can ever imagine.
Totally agree
I WISH I listened to this years ago!
15 min of time well spend , listen now for the second time...Thanks Michael
Amazing. Coming from a non technical background this advice is priceless
Michael is always on point!! Love these talks❤
Thank you Michael.
Thank you very much Michael. You are THE real educator!
Just met you Michael and it was in the perfect time. I'm starting a startup and your video gave me a lot of insights that maybe will change some paths that we had decided. You opened our eyes. Congratulations for the video and for the time you invested sharing those valuable informations. Let's win from the competition right now!
This has to be the most helpful video by Mr. Seibel that I've seen so far. Thank you, Michael.
Glad it was helpful! It was really great. He'll be back at 2023 SaaStrAnnual.com in Sep, too!
@@Saastr Great!
Wow. Hitting every point.
This is the most valuable video I have ever watched
thanks for sharing Michael!!
Extraordinary speech! Experience is speaking;
This is brilliant! Appreciate you pointing a finger towards these key problems and how overcome them.
Impressive and valuable
God bless you Michael.
Michael, I needed to hear what you had to say TODAY! I hope you continue this endeavor and I hope to communicate with you directly soon.
This is pure gold. Thanks
this has been greatly humbling and has probably saved me
So underrated, I recently raised a seed round and have experienced strongly 3 of the problems you mentioned
Fantastic talk.
"Know that you're going to be bad hiring"
So true!
This was a great advice. Absolutely practical ❤️
I should have seen this video 3 years ago! Great content
Very informative, thank you
About extraordinary engineers and how they never say "I've never done it before" - same thing goes for extraordinary cofounders or employees. But the downside for this that you need to be open with mistakes and failures. Especially for engineers, if they are doing something they've never done before, chances are they'll make mistakes, but since they are not intimidated by it they will get back up quickly and do it again.
Outstanding advice
Thanks Michael
Starts at 1:20
Thanks
That was amazing
Hi michael your rock thank you
Thank you!)
i loved this
Great insights.
Some good advice; logical
Thanks. ..
Common symptom of impending death 😂
He's looking at a different version of slides with all the 4 or 5 or 6 sub points laid out. He should have shared that on the screen, that would make for better retention
I wanna cry
💪🏻
12:20 don’t give them power over you. All they can do is use words. They’re not gonna come beat you up or take your wife away from you.
Building revenue in a startup has a cost (cost of sales) & takes a physical effort from sales people. Hard to do while you're still concept tweaking, but without revenue you have no business. No value.
“Talk to your investors” may not be the best advice all the time, especially if they are focused on short term returns
100% incorrect about KPIs. I guarantee KPIs are different at 50k, 5million, 500 million and 5 billion independent of industry. Software SASS people are hilarious. 0% need to have a technical co-founder ever.
toooo boring like college lectures 😭😭
Don't watch it then?
Everything this guy says is GOLD🪙🪙🪙