Interesting reasons for rejecting start ups, for me I reject angels for poor English usage.

Great video! Learning the output of planning matters less than the input of planning took a bit to accept. Still feels counter-intuitive. This understanding is a barrier I feel the majority hasn't crossed yet (for fair measurement bias type reasons).

Great Video, thanks!

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GREAT INFO!

Do you recommend any events that you may bump into a couple investors

Thank you!! First time learning about this.

Why would any sane person invest in a founder who uses woke gender ideology as their business model? She is trying to solve a problem that doesn't exist. No company says "only women can wear pink, men must wear blue." I can't believe that idea ever got funding. The investors deserve to lose their money on that. No one finds clothes being gendered on websites as a problem. Here is my company idea, Equality Snacks, for too long the snack world of candy has been dominated by White men, we offer candies for everyone, finally snacks for Black, Queer, differently abled, indigenous, BIPOC. America is absolutely done with this type of nonsense, people who talk about their sexuality in a business meeting should and will be fired in the future. Another great example of *get woke, go broke*

Succinct and informative

I got a difficult question, could you give me some advice? ;)

What are your best tips for product development in early-stage startups?

🙏🙏🙏🙏🙏

I'm not sure I agree with your first point. My product is within the Bungie cords industry (and yet not a bungie cord). By your take, there should only be a few companies who make and sell bungie cords, yet there are many. Do we really need a company selling a plastic hook instead of a metal one? Don't metal hooks do the job just fine? And yet someone decided to start a bungie cord company with a different hook. Needed? No. Better? Debatable. Beat on price? Not really. Just a different design asking for a slice of a 1.2 Billion dollar a year market. So, maybe the sheer size of the market allows for products that don't bring much new to the table, allowing companies to create similar products and still succeed.

Need help with this. Going through seed round but terms are not in my favor. How do I reach you? Can you help me?

i can tell the same about customers

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Free game. 😮‍💨 / thanks for this video!

Great info.

Signal#1 boostershot? Anyway, love ur channel!!❤

Very good video! I'm launching a business that is unique in my country, and there isn't much information on the internet. Would it be Ok to make three possible scenarios to showcase the business potential?

hello

Proffered shares are a higher income, tax friendly strategy. Long term capital gains with consistent yield potential, decent position on the capital stack, and my favorite: generous yields in healthy businesses with downside mitigation in the event of a turnover. Not to mention when they are heavily discounted, the very high yields and discount can be a major bump in returns. Less risk then equities? Risk is subjective. If your looking for income, or maximum return, would be the opportunity cost. Proffered stocks limit both upside potential and downside risk. Covered call etfs for major funds like a s&p 500 can also act the same way. Additionally, devoting some of your portfolio to high yield and limited downside potential will increase performance when markets inevitable drop or go sideways

OK, here you go: The climate is changing due to surplus co2 in the atmosphere put their by societies emissions. These emissions can be reversed to fix the problem and cool down the planet. The challenge is that all the ways of doing that are either a scam or highly inefficient leading to very high costs and a skeptical customer base. So what is needed is a highly trustable, transparent low-cost way of reversing emissions. Turns out that billions of years ago our planet already came up with that. It’s called seaweed. Pull To Refresh harnesses the power of seaweed to reverse emissions and we charges customers a simple monthly fee to get it done easily while providing them a platform to transparently review the results of our ai driven robotic progress deployed in the ocean. We give our customers and their customers access to this real time auditing and provide for them a badge that they can show online and in their workplace so that everybody knows they are doing their part to address climate change.

Great insights......makes everyone realize that getting funding is a game that has rules and hurdle that only discourage

Love the superhero analogy as initial ICP. It frames the thinking about the first customer well.

What is difficult to find is “investing w angellist 101”. Example log in and see loads of “syndicates” with no real idea what these syndicates track record or potential investments are. How can one see the actual startups to potentially invest in and to do due diligence on the syndicate and or actual startup.

Great advice. Thanks for sharing.

Looking for angle investor as i am running busniess need additional can give me address

Thanks Lance ✌️

I hate to say this, but if I saw her in the business world, I would IMMEDIATELY reject her on appearance alone. I know this sounds terrible, but her image kills it for me in 2 seconds. Honest, not trying to be offensive.

If you need assistance with your startup, let's talk! Drop me a note at www.FeelTheBoot.com/contact

Lance, you are a gem!! I love how you love being a founder and helping founders. This coming from a founder who is so glad I found this channel. I feel like I am back to my creativity and getting clear on what are the right questions to ask myself so I can get to the right answers, and watching the next iteration of my business start to unfold. I want you to know how well this is working for me when I end up watching your video three or four times so soak it in. SO helpful and kind and generous of you, Lance, to be that guy right now who is inspiring me to grow better. Thank you!! Dr. John the BioDentist

Thanks!

This is very insightful! The product I am building is in its very early days, still I want to learn what's there to learn about freemium before it reaches** its maturity. This video helped me a lot in better visualizing how that will be engineered

Thank you so much. very informative 👏 keep going 👍

the marvel part was very distracting

Thank you!

Thank you!

This was very useful! Thanks for sharing. Personally, we've used a "days of usage" trial that expires after the customer has used a product for x amount of days. This replaced our "14 day trial" that most customers would only get to trial the product once or twice during that time (and I think customers appreciate the difference as they feel it's more generous).

This is a Startup Game Plan, that I always believed in. The go big and go broke strategy is one that is too much of a gamble. Whatever it takes, keep the burn rate low, with a nice stream of profits. SphereMotor, the future of electricity.

Underlying Magic = Secret Sauce, Correct me if im wrong!

Excellent & Unique content as always - Thank you, Mr. Lance Cottrell.

Get lost! Who do you think you are! You (folks like you, trusts, big monopols etc) are the real reason of poverty all over the world. Angel investor!!! What funny! Vampire İnvestor.

Awesome advice

🔥 wish I have seen this video 3 years ago

Lance winning

In my experience, hiring the wrong people and sharing equity too early is a suicidal strategy. I hired a graduate from MIT in my tech company as the CEO, only to discover he was unable (and perhaps unwilling) to complete any task. He was talkative, charming and caring, but devoid of any actual real world skills. His mother asked me, confidentially like, if I was sure about this? But I was blinded by his MIT credentials. Huge mistake. And very costly at that.

This is very good advice.

Excellent advice. Coincidentally I am working on an actual secret sauce. Like in dressing. 😀