Feel the Boot
Feel the Boot
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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.
มุมมอง: 193

วีดีโอ

Building Products Right: Essential Advice for Early-Stage Founders by Chad Perry 🚀
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Building Products Right: Essential Advice for Early-Stage Founders by Chad Perry 🚀 Building a tech product as a non-technical founder can feel like a daunting challenge. Should you hire a developer? Outsource? What about mockups, tech stacks, and budgets? 😰 In this episode of Feel the Boot, I sit down with fractional CTO Chad Perry, who’s worked with countless early-stage startups to navigate t...
Effective Team Building and Self-Management for Founders - Emily Hawkins Interview
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From Doer to Leader! 😎 In this episode of Feel the Boot, I sit down with leadership expert Emily Hawkins to tackle one of the biggest challenges founders face: effective team management. 🚀 Whether you’re a new founder or a seasoned entrepreneur, this conversation dives deep into the soft skills that are often overlooked but are crucial for scaling your business. Emily shares her journey from a ...
Go Niche or Go Home: Why Your Startup Needs a Narrow Initial Market (and How to Pick One)
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Mastering the Freemium Business Model: Tips and Pitfalls for Startups
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Freemium Business Models: The Good, the Bad, and an Alternative You Should Consider The freemium business model is popular, but is it right for your startup? In this video, I break down how freemium works, common mistakes founders make, and why it often leads to revenue problems. We’ll also explore an alternative approach-the reverse freemium model-that could be a better fit for your business. ...
How to Pivot Your Startup Before You Launch 🚀 Pre-Pivot Strategies for Entrepreneurs
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What is Secret Sauce? 🔥 Why Every Startup Needs It!
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ความคิดเห็น

  • @willrobinson7468
    @willrobinson7468 วันที่ผ่านมา

    I really like the content you are providing! thank you.

    • @FeeltheBoot
      @FeeltheBoot วันที่ผ่านมา

      Happy to hear that!

  • @daringilstrapscm6348
    @daringilstrapscm6348 5 วันที่ผ่านมา

    How do you pay friends & family back. Is there a formula.

    • @FeeltheBoot
      @FeeltheBoot 4 วันที่ผ่านมา

      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.

  • @MrHimfromthere
    @MrHimfromthere 6 วันที่ผ่านมา

    Great guest, great questions.

    • @FeeltheBoot
      @FeeltheBoot 6 วันที่ผ่านมา

      Thanks, much appreciated!!!

  • @MrHimfromthere
    @MrHimfromthere 8 วันที่ผ่านมา

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

    • @FeeltheBoot
      @FeeltheBoot 8 วันที่ผ่านมา

      How's that filter working for you?

    • @MrHimfromthere
      @MrHimfromthere 7 วันที่ผ่านมา

      @ 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.

  • @JonathonGuyerBoxing
    @JonathonGuyerBoxing 10 วันที่ผ่านมา

    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).

    • @FeeltheBoot
      @FeeltheBoot 10 วันที่ผ่านมา

      So many of these things are counterintuitively the reverse of your expectations! I spent years getting my head around it.

  • @Bene-l3t
    @Bene-l3t 12 วันที่ผ่านมา

    Great Video, thanks!

    • @FeeltheBoot
      @FeeltheBoot 12 วันที่ผ่านมา

      Much appreciated!

  • @MrKitty-ei7ho
    @MrKitty-ei7ho 16 วันที่ผ่านมา

    ❤❤

    • @FeeltheBoot
      @FeeltheBoot 12 วันที่ผ่านมา

      Thanks!

  • @MrKitty-ei7ho
    @MrKitty-ei7ho 16 วันที่ผ่านมา

    ❤❤

    • @FeeltheBoot
      @FeeltheBoot 12 วันที่ผ่านมา

      👍👍

  • @Kane-yl7wx
    @Kane-yl7wx 17 วันที่ผ่านมา

    GREAT INFO!

    • @FeeltheBoot
      @FeeltheBoot 16 วันที่ผ่านมา

      Thanks for watching!

  • @Vic-so5fm
    @Vic-so5fm 18 วันที่ผ่านมา

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

    • @Vic-so5fm
      @Vic-so5fm 18 วันที่ผ่านมา

      Specifically angles such as yourself

    • @FeeltheBoot
      @FeeltheBoot 16 วันที่ผ่านมา

      Pitch at any local events you can. It’s great practice and networking.

  • @lovely_bean
    @lovely_bean 18 วันที่ผ่านมา

    Thank you!! First time learning about this.

    • @FeeltheBoot
      @FeeltheBoot 18 วันที่ผ่านมา

      Glad it was helpful!

  • @DeepFakeLatte
    @DeepFakeLatte 20 วันที่ผ่านมา

    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*

  • @giniwelle
    @giniwelle 21 วันที่ผ่านมา

    Succinct and informative

    • @FeeltheBoot
      @FeeltheBoot 21 วันที่ผ่านมา

      Thanks!!

  • @a_changedworld
    @a_changedworld 22 วันที่ผ่านมา

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

    • @FeeltheBoot
      @FeeltheBoot 21 วันที่ผ่านมา

      Ha! 😏

  • @FeeltheBoot
    @FeeltheBoot 22 วันที่ผ่านมา

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

  • @motherpandayourconfusedmom
    @motherpandayourconfusedmom 24 วันที่ผ่านมา

    🙏🙏🙏🙏🙏

  • @123smartcontent
    @123smartcontent 25 วันที่ผ่านมา

    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.

    • @FeeltheBoot
      @FeeltheBoot 24 วันที่ผ่านมา

      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.

  • @GM-tg3xd
    @GM-tg3xd 25 วันที่ผ่านมา

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

    • @FeeltheBoot
      @FeeltheBoot 25 วันที่ผ่านมา

      I would be happy to help. You can grab time on my calendar here: ftb.bz/advising

  • @sguploads9601
    @sguploads9601 25 วันที่ผ่านมา

    i can tell the same about customers

    • @FeeltheBoot
      @FeeltheBoot 25 วันที่ผ่านมา

      Excellent point, it is a universal truth with humans!!

  • @eduardoworrel1639
    @eduardoworrel1639 26 วันที่ผ่านมา

    💎

  • @hooploveacademy
    @hooploveacademy 29 วันที่ผ่านมา

    Free game. 😮‍💨 / thanks for this video!

  • @chumbaamalelthedoc8816
    @chumbaamalelthedoc8816 หลายเดือนก่อน

    Great info.

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      Glad it was helpful!

  • @particleconfig.8935
    @particleconfig.8935 หลายเดือนก่อน

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

  • @td9906
    @td9906 หลายเดือนก่อน

    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?

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      That should be ok as long as you keep it short and simple.

    • @td9906
      @td9906 หลายเดือนก่อน

      @FeeltheBoot thanks!

  • @CrowdFundingPlanning-i8
    @CrowdFundingPlanning-i8 หลายเดือนก่อน

    hello

  • @lucasasselmeier7825
    @lucasasselmeier7825 หลายเดือนก่อน

    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

  • @arincrumley9046
    @arincrumley9046 หลายเดือนก่อน

    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.

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      Thanks. Does this give your customer carbon credits, or is this a proprietary badge?

    • @arincrumley9046
      @arincrumley9046 หลายเดือนก่อน

      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.

  • @vapewarrior7655
    @vapewarrior7655 หลายเดือนก่อน

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

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      Thanks, it's an odd game, but knowing the rules helps.

  • @ivor_g
    @ivor_g หลายเดือนก่อน

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

  • @SVP-CoCom
    @SVP-CoCom หลายเดือนก่อน

    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.

  • @claursen1
    @claursen1 หลายเดือนก่อน

    Great advice. Thanks for sharing.

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      Glad it was helpful!

  • @tsheringpem-o4z
    @tsheringpem-o4z หลายเดือนก่อน

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

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      Here are some lists of investors. www.feeltheboot.com/startup-investor-lists

  • @TruckingTendencies
    @TruckingTendencies หลายเดือนก่อน

    Thanks Lance ✌️

    • @FeeltheBoot
      @FeeltheBoot หลายเดือนก่อน

      You bet!

  • @stevenbeebe35
    @stevenbeebe35 หลายเดือนก่อน

    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.

  • @FeeltheBoot
    @FeeltheBoot หลายเดือนก่อน

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

  • @drummerdoc04
    @drummerdoc04 2 หลายเดือนก่อน

    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

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Wow, that's amazing to hear!

  • @drummerdoc04
    @drummerdoc04 2 หลายเดือนก่อน

    Thanks!

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Thank YOU!

  • @wallysonruan
    @wallysonruan 2 หลายเดือนก่อน

    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

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Fantastic, best of luck!!

  • @me-wz6tm
    @me-wz6tm 2 หลายเดือนก่อน

    Thank you so much. very informative 👏 keep going 👍

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Thanks, will do!!

  • @kincaid05
    @kincaid05 2 หลายเดือนก่อน

    the marvel part was very distracting

  • @amonifinau4048
    @amonifinau4048 2 หลายเดือนก่อน

    Thank you!

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Glad you found it helpful!

  • @amonifinau4048
    @amonifinau4048 2 หลายเดือนก่อน

    Thank you!

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      My pleasure!

  • @bencepaul3497
    @bencepaul3497 2 หลายเดือนก่อน

    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).

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      So you only count the days in which they used the product? I like it!

  • @christianburke418
    @christianburke418 2 หลายเดือนก่อน

    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.

  • @GS-cy1pf
    @GS-cy1pf 2 หลายเดือนก่อน

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

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Yes, they usually describe the same thing.

  • @GS-cy1pf
    @GS-cy1pf 2 หลายเดือนก่อน

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

  • @zonfir
    @zonfir 2 หลายเดือนก่อน

    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.

  • @ARreymago
    @ARreymago 2 หลายเดือนก่อน

    Awesome advice

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Glad you liked it

  • @djvj4713
    @djvj4713 2 หลายเดือนก่อน

    🔥 wish I have seen this video 3 years ago

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Heh, so many of these episodes come from things I wish I had known 30 years ago!

  • @derekwfrazier
    @derekwfrazier 2 หลายเดือนก่อน

    Lance winning

    • @FeeltheBoot
      @FeeltheBoot 2 หลายเดือนก่อน

      Thanks!