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Feel the Boot
United States
เข้าร่วมเมื่อ 25 ก.พ. 2019
Welcome to Feel the Boot: The Science of Startups!
On this channel, I will share the knowledge and skills you need to launch and grow your startup.
I know what it is like. I took my company from zero to a successful exit, and I’ve coached countless other founders.
I will take you down the path from overwhelmed entrepreneur to successful CEO.
I will help you through fundraising, product development, marketing, sales, strategy, and much more.
I believe in straight talk. People call me “the boot” because I don’t sugarcoat the good, bad, and ugly of founding a company. I talk about the hard truths of angel and VC fundraising and strategies for finding success.
Launching a new business puts you on a vertical learning curve. Feel the Boot tells you what you need to know to survive the wild ride of taking a startup to a successful exit.
Please let me join you on this journey and Feel the Boot for yourself!
On this channel, I will share the knowledge and skills you need to launch and grow your startup.
I know what it is like. I took my company from zero to a successful exit, and I’ve coached countless other founders.
I will take you down the path from overwhelmed entrepreneur to successful CEO.
I will help you through fundraising, product development, marketing, sales, strategy, and much more.
I believe in straight talk. People call me “the boot” because I don’t sugarcoat the good, bad, and ugly of founding a company. I talk about the hard truths of angel and VC fundraising and strategies for finding success.
Launching a new business puts you on a vertical learning curve. Feel the Boot tells you what you need to know to survive the wild ride of taking a startup to a successful exit.
Please let me join you on this journey and Feel the Boot for yourself!
Why Startup Plans Fail (and Why That’s Okay)
Why Startup Plans Fail (and Why That’s Okay)
Welcome to Feel the Boot, the science of startups! In this episode, host I share three insightful sayings about planning and their relevance to startups. Using quotes from Dwight D. Eisenhower, Helmuth von Moltke, and Mike Tyson, I discuss the importance of planning and adaptability when facing unexpected challenges.
Learn how to navigate the twists and turns of launching a business and how to pivot efficiently when your plans don't survive first contact.
Join the discussion and share your experiences in the comments.
Don't forget to like, subscribe, and ring the bell for more valuable content!
Get help with your startup ftb.bz/boost
Subscribe to Boot Prints ftb.bz/join
Read the blog ftb.bz/115B
Listen to the Podcast ftb.bz/podcast
00:00 Introduction and New Year Plans
00:24 Welcome to Feel the Boot
00:58 The Importance of Planning
01:32 Adapting to Change
02:41 Facing Hard Realities
03:23 Engage with Us
03:36 Stay Connected
04:19 Final Thoughts and Resources
Lance Cottrell has been an active startup advisor and startup mentor for over a decade.
He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating term sheets.
He works with many companies in accelerators like Y Combinator and Founder Institute.
He provides help with startup funding including raising venture capital and angel investment.
He can help you achieve liquidity for your company at a high valuation.
Feel the Boot is a startup vlog of tips and advice for early-stage founders.
Welcome to Feel the Boot, the science of startups! In this episode, host I share three insightful sayings about planning and their relevance to startups. Using quotes from Dwight D. Eisenhower, Helmuth von Moltke, and Mike Tyson, I discuss the importance of planning and adaptability when facing unexpected challenges.
Learn how to navigate the twists and turns of launching a business and how to pivot efficiently when your plans don't survive first contact.
Join the discussion and share your experiences in the comments.
Don't forget to like, subscribe, and ring the bell for more valuable content!
Get help with your startup ftb.bz/boost
Subscribe to Boot Prints ftb.bz/join
Read the blog ftb.bz/115B
Listen to the Podcast ftb.bz/podcast
00:00 Introduction and New Year Plans
00:24 Welcome to Feel the Boot
00:58 The Importance of Planning
01:32 Adapting to Change
02:41 Facing Hard Realities
03:23 Engage with Us
03:36 Stay Connected
04:19 Final Thoughts and Resources
Lance Cottrell has been an active startup advisor and startup mentor for over a decade.
He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating term sheets.
He works with many companies in accelerators like Y Combinator and Founder Institute.
He provides help with startup funding including raising venture capital and angel investment.
He can help you achieve liquidity for your company at a high valuation.
Feel the Boot is a startup vlog of tips and advice for early-stage founders.
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I really like the content you are providing! thank you.
Happy to hear that!
How do you pay friends & family back. Is there a formula.
Unless they loan you the money, this is usually an investment. They get paid in the same way and at the same time as any other investor: when you exit. If it is a loan, then you would need to agree on the structure. Paying a share of the revenue or profits until the loan + interest has been repaid is common.
Great guest, great questions.
Thanks, much appreciated!!!
Interesting reasons for rejecting start ups, for me I reject angels for poor English usage.
How's that filter working for you?
@ it’s a joke. I suspect if Samuel Johnson had approached you’d have rejected him:). Any idea which word you misused? No, I didn’t think so.
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).
So many of these things are counterintuitively the reverse of your expectations! I spent years getting my head around it.
Great Video, thanks!
Much appreciated!
❤❤
Thanks!
❤❤
👍👍
GREAT INFO!
Thanks for watching!
Do you recommend any events that you may bump into a couple investors
Specifically angles such as yourself
Pitch at any local events you can. It’s great practice and networking.
Thank you!! First time learning about this.
Glad it was helpful!
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
Thanks!!
I got a difficult question, could you give me some advice? ;)
Ha! 😏
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.
Fair. I am focused on venture-fundable startups that are trying to achieve significant scale. They need to be able to grab significant market share. If customers have a "meh" feeling about a solution, sales will be hard.
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 would be happy to help. You can grab time on my calendar here: ftb.bz/advising
i can tell the same about customers
Excellent point, it is a universal truth with humans!!
💎
Free game. 😮💨 / thanks for this video!
Great info.
Glad it was helpful!
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?
That should be ok as long as you keep it short and simple.
@FeeltheBoot thanks!
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.
Thanks. Does this give your customer carbon credits, or is this a proprietary badge?
We will distribute future carbon removal tons proportionately to all customers. We’re working from the key insight that a ton is so abstract to a small business and their customers that all they really want is the marketing benefit regardless of carbon accounting. That insight can be abused, of course. And so the key to our strategy is having a rapidly deployable and massively scalable carbon removal solution better than the rest that is at the precipice of delivery on the promise and soon will be delivering tonnes. And using this moment to excite customers, even though we have not achieved sequestration yet. This way we have the necessary capital to cover some upcoming missions that will log our first sequestered tons that we will then distribute to customers.
Great insights......makes everyone realize that getting funding is a game that has rules and hurdle that only discourage
Thanks, it's an odd game, but knowing the rules helps.
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.
Glad it was helpful!
Looking for angle investor as i am running busniess need additional can give me address
Here are some lists of investors. www.feeltheboot.com/startup-investor-lists
Thanks Lance ✌️
You bet!
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
best game show ever
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
Wow, that's amazing to hear!
Thanks!
Thank YOU!
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
Fantastic, best of luck!!
Thank you so much. very informative 👏 keep going 👍
Thanks, will do!!
the marvel part was very distracting
Thank you!
Glad you found it helpful!
Thank you!
My pleasure!
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).
So you only count the days in which they used the product? I like it!
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!
Yes, they usually describe the same thing.
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
Glad you liked it
🔥 wish I have seen this video 3 years ago
Heh, so many of these episodes come from things I wish I had known 30 years ago!
Lance winning
Thanks!