Advantages Of A First-Time Founder

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  • เผยแพร่เมื่อ 21 ธ.ค. 2024

ความคิดเห็น • 130

  • @ycombinator
    @ycombinator  2 ปีที่แล้ว +240

    Any first-time founders out there? Raise your hand 🙋‍♀

    • @asyourlipslounge
      @asyourlipslounge 2 ปีที่แล้ว +1

      🖐

    • @chan90s
      @chan90s 2 ปีที่แล้ว

      Yo

    • @arjungupta-inventor-iaq
      @arjungupta-inventor-iaq 2 ปีที่แล้ว +2

      Not first time but never stopped dreaming... :-)

    • @domore1287
      @domore1287 2 ปีที่แล้ว

      Priceless

    • @muhammadal-madani6066
      @muhammadal-madani6066 2 ปีที่แล้ว

      Loving the journey, the application process is already where ycombinator starts to accelerate your product. The rush is amazing.

  • @haydonhinson305
    @haydonhinson305 2 ปีที่แล้ว +75

    As a first-time founder it has seemed daunting learning everything from scratch. All of these YC videos have been super helpful! Applied to the Winter 2023 batch to hopefully learn more at that next level. Thanks guys! 👊

    • @arjungupta-inventor-iaq
      @arjungupta-inventor-iaq 2 ปีที่แล้ว +2

      Hoping we both get in and get to see each other Haydon!

    • @haydonhinson305
      @haydonhinson305 2 ปีที่แล้ว +2

      @@arjungupta-inventor-iaq same best of luck to you!

    • @nwaneri0
      @nwaneri0 2 ปีที่แล้ว

      Any updates guys?

    • @haydonhinson305
      @haydonhinson305 2 ปีที่แล้ว +1

      @Quentin I myself did not get in. I suspect it's due to not having co-founders and too early on. Never hurts to apply though! Helps you understand the process better for next time.

    • @nwaneri0
      @nwaneri0 2 ปีที่แล้ว

      @@haydonhinson305 Definitely. Good luck!

  • @rtanaka
    @rtanaka 2 ปีที่แล้ว +13

    Moment of appreciation for this info being publicly available for free. Thanks guys.

  • @praveenvootla1148
    @praveenvootla1148 2 ปีที่แล้ว +29

    I think YC is trying very hard to encourage first time founders by giving them all sorts reasons why it's also great to be a first time founder. Good stuff YC!!!

  • @100x_Developer
    @100x_Developer 2 ปีที่แล้ว +8

    What i love about being a first time founder is that i didn't know fully what i was getting into and how much work it'd take, all i cared about was building tech... It's good i didn't know everything involved because i'd have surely gotten overwhelmed..

  • @jeffkayombo4664
    @jeffkayombo4664 2 ปีที่แล้ว +8

    Harj's opening remarks about how it can be so discouraging to consume all the startup news about companies that have sold their companies etc, speaks so close to me! This is exactly how I'm feeling right now, this video come at the right time.
    Another thing that I could easily resonate with was the issue of deciding which market to target, it's so tempting to want to go into the buzzing markets - like FinTech.
    Thanks YC team!

  • @jehovahshabba
    @jehovahshabba 2 ปีที่แล้ว +6

    I'm speaking as an unsuccessful first time founder. and I'm going back to the first startup. it was helpful to know after the rush of the first sale and new customer it will become shallow and not as exciting to make the next 100 or more sales and customers. Thanks for sharing the experience👊

  • @chapterme
    @chapterme 2 ปีที่แล้ว +26

    Chapters (Powered by ChapterMe) -
    00:00 - Introduction
    00:47 - Setup
    01:35 - Expert opinions are not what you want
    04:07 - Picking your market
    05:37 - Novel
    06:58 - First time founder have to innovate more
    08:08 - Honesty
    09:57 - Auto pilot initially but it shuts off
    12:07 - Devil's advocate
    12:25 - Financial independence to think bigger
    14:04 - Capital intensive businesses
    14:38 - Movity
    15:28 - Boom
    16:48 - Brex
    17:33 - Building in a space you know really well: Zenefits and Rippling
    20:07 - Wrap up

  • @medwincorreo3073
    @medwincorreo3073 2 ปีที่แล้ว +2

    first time founder from the Philippines

  • @lalbabusingh9492
    @lalbabusingh9492 2 ปีที่แล้ว +1

    As a first-time founder it is very hard to develop and find everything from scratch. Well I really appreciate YC being such a great and helpful platform for so many startups and mentor as well. I came to know about YC through TH-cam and I am excited to be a YC member. I applied for next batch Winter 2023. Being a Health Startup we are trying to solve problems faced by people and have already served so many. I would like to say thank you to YC Team, as you are helping the world to develop and making it a better place for everyone.

  • @peterbloomingdale
    @peterbloomingdale 2 ปีที่แล้ว +1

    First time founder here. Absolutely love these videos and have found them super useful. Always look forward to new videos!

  • @rR-hr4kn
    @rR-hr4kn 2 ปีที่แล้ว +3

    👋Claire here - Appreciate your time on this - as a female founder with a revolutionary appliance idea - I previously didn't even 'conceive the scale' of potential impact/business until a lot of exposure in this "start-up world". Busy keeping home life on track really keeps an anchor on imagination for a world class change! 🙃😉 Now I'm here - far out - I cant wait to connect to "experienced" founders to help keep me pushing forward .... Thanks again, very insightful.

    • @RealCivilEngineerGaming.
      @RealCivilEngineerGaming. 2 ปีที่แล้ว

      ⬆️ Thanks for the feedback, Tell Max I refer you for something new and profitable.... text the digits above and get more info!....

  • @BrianMartensMusic
    @BrianMartensMusic 2 ปีที่แล้ว +3

    So choosing startup ideas is like trying to choose winning stocks. You're equally well off just throwing darts at a board.

  • @kristofferkepin
    @kristofferkepin 2 ปีที่แล้ว +2

    This is super helpful for first time founder like me. I do have several advantages of later stage founders as a first time founder since I entered a startup ecosystem program at my uni that has been supported by well-known local incubators but the points that you guys mentioned are really related to the current situation where I don't really care on how dumb my idea to other bigger people is as long as it's interesting to me and it does have a market and all. Overall, thanks for this video. It really helps a lot as a first time founder. Much love to Michael, Harj, and Brad.

  • @kamiasmith5721
    @kamiasmith5721 2 ปีที่แล้ว +1

    🙋‍♀️This is interesting. I'm a first time founder working on this full-time and I'm having a blast! Definitely is energizing. Just learning about this startup world is cool. Finished DC startup week yesterday and that helped a lot. Transitioning from government world to startup world is incredibly refreshing!

  • @chuhaoliu5050
    @chuhaoliu5050 ปีที่แล้ว +1

    7:05 "Because it's hard for first-time founders to raise money or hire employees, they tend to have to innovate more. They are constrained into building something good."

  • @keerthichandReddy
    @keerthichandReddy 6 หลายเดือนก่อน +1

    14:45 you have amazing examples. Open door example: Being second time founder helps in raising funds like Ericwu

  • @bowlerkid
    @bowlerkid ปีที่แล้ว

    Seriously thank you for posting these!!! These are key to help some of us stay motivated about our ideas and our startups

  • @pokegan52
    @pokegan52 2 ปีที่แล้ว +4

    Facts.. I don’t care what people think about what I’m doing or the risks I take- except if you’re reviewing my YC app for W23 lmao

  • @chandaphiri7888
    @chandaphiri7888 ปีที่แล้ว

    Thank you YC for this insightful video. Being a first time found is so wild. Iit is so encouraging to listen to such conversations that enlighten us on the advantages we have even when its so hard when you are a beginner.

  • @toofy7253
    @toofy7253 2 ปีที่แล้ว +4

    🙋‍♂️. In the phase of finding a team. That's actually a hard phase for me because I did everything solo in a super niche, and finding the right team may require me to fly from Florida to Ontario at times.

    • @toofy7253
      @toofy7253 2 ปีที่แล้ว +5

      @dev stuff a Dental video platform for dentists and for patients. I've proven that it is possible to shoot high end video in the mouth during a dental procedure (given the new cameras, lenses, editing software, and outsourcing available) so that all of the techniques can be shown just like dentists and patients have always wanted to see it.
      I've shown it to many patients, and they were happy to experience the videos. I can produce the videos in a short period of time at a fraction of the cost that it takes to hire a video person, and with better quality because I'm passionate about maximizing every ounce of potential that video has to offer dentistry's future, and I know the field very well (it solves my own problem). I'm certain that I can create an entire dental video library within a short period of time with the right work flow. I'm shooting video and doing other business ventures on the side until I find a small team of around 2 or more people. I admit that I don't enjoy reaching out to other dentists often, so I'll have to Network better if I'm going to find a team. A local dentist growing in popularity wants me to share the videos on their platform. Maybe I'll use that as a way to network

    • @toofy7253
      @toofy7253 2 ปีที่แล้ว +1

      That's one of my last main videos. I can definitely shoot better video than that video, but I haven't found another dentist with better quality yet, and I know that it's time to network rather than out do myself by shooting video of myself working.

  • @spencerchubb
    @spencerchubb 2 ปีที่แล้ว +1

    17:33 That was an interesting anecdote about a second-time founder that started another business in the same space. What are the pros/cons of founding a new company vs integrating that business with the current company?

  • @sabarish47
    @sabarish47 2 ปีที่แล้ว

    Thanks for making this YC. A week back one of my friends, a first-time founder listed the disadvantages of being first-time founder and felt terrible about it. Shared your video with him now. You're really creating great content. Love from India

    • @RealCivilEngineerGaming.
      @RealCivilEngineerGaming. 2 ปีที่แล้ว

      ⬆️ Thanks for the feedback, Tell Max I refer you for something new and profitable.... text the digits above and get more info!....

  • @BrendanDell
    @BrendanDell 2 ปีที่แล้ว +1

    Love this conversation. Something that the listeners of my podcast (Billion Dollar Tech) will certainly want to watch and discuss in more detail. Thank you!

    • @RealCivilEngineerGaming.
      @RealCivilEngineerGaming. 2 ปีที่แล้ว

      ⬆️ Thanks for the feedback, Tell Max I refer you for something new and profitable.... text the digits above and get more info!....

  • @abhishekraj7123
    @abhishekraj7123 2 ปีที่แล้ว

    Really needed this , thanks for making this session

  • @margaretcezar1109
    @margaretcezar1109 2 ปีที่แล้ว +1

    Oh my, 2 miles/hr 🤦🏻‍♀️. Very insightful 🙂Thank you

  • @marcusx3605
    @marcusx3605 2 ปีที่แล้ว +1

    I can’t wait until my startup comes to fruition

  • @vlogmoinc5597
    @vlogmoinc5597 2 ปีที่แล้ว +1

    a second time founder is like a boxer who made it. its hard waking up at 5am to run when youre sleeping in silk sheets in a big mansion. first times founders are hungrier they invested so much time in their start up they have to make it work.

  • @brandonbakhtiar7451
    @brandonbakhtiar7451 2 ปีที่แล้ว +1

    How does a founder learn how big I need to be before needing consulting on hiring? I have two locations but the product is a specialty service for which I need to train people hence I can not approach additional locations without the personnel to staff them....and I lose $ when hires are idle.

    • @RealCivilEngineerGaming.
      @RealCivilEngineerGaming. 2 ปีที่แล้ว

      ⬆️ Thanks for the feedback, Tell Max I refer you for something new and profitable.... text the digits above and get more info!....

  • @natarajanshanker5103
    @natarajanshanker5103 ปีที่แล้ว +1

    "Instead of spending it on rockets they'll spend it on too many employees"... hahaha love that! Classic Seibel.

  • @domore1287
    @domore1287 2 ปีที่แล้ว

    This is unbelievably so useful 📌

  • @founderkatelyn
    @founderkatelyn 2 ปีที่แล้ว

    this made me
    smile!!! 😊🎉

    • @RealCivilEngineerGaming.
      @RealCivilEngineerGaming. 2 ปีที่แล้ว

      ⬆️ Thanks for the feedback, Tell Max I refer you for something new and profitable.... text the digits above and get more info!....

  • @emmanuelokorafor1705
    @emmanuelokorafor1705 2 ปีที่แล้ว

    Are YC interviews remote for international founders?

    • @ycombinator
      @ycombinator  2 ปีที่แล้ว

      All YC interviews are remote-international or not

  • @bmejia220
    @bmejia220 11 หลายเดือนก่อน

    Awesome thank you!

  • @varunmahajan8703
    @varunmahajan8703 2 ปีที่แล้ว

    Can i apply I don't have tech experience

  • @CaliforniaRussianRiverBees
    @CaliforniaRussianRiverBees 2 ปีที่แล้ว

    📣Great Information 🛠🧰Thank You 🐝🐝🐝

  • @arnavsahu5152
    @arnavsahu5152 2 ปีที่แล้ว

    awesome video

  • @okesalman7508
    @okesalman7508 2 ปีที่แล้ว

    Thanks, insightful

  • @derek-yap
    @derek-yap 2 ปีที่แล้ว

    Frst time founder ✋. Just looked in the mirror and yeah I guess I do have desperation in my eyes.

  • @rudhisundar
    @rudhisundar ปีที่แล้ว

    Now, I have just one wish in life: laughing hysterically with that bald oracle.

  • @flaguser4196
    @flaguser4196 2 ปีที่แล้ว +1

    the advantage is lost for first time founders trying to impress their social media followers

  • @quachhengtony7651
    @quachhengtony7651 2 ปีที่แล้ว +1

    Haha yeah what am I gonna do if my future startup will only net 100 mil yearly

  • @mahayati2826
    @mahayati2826 2 ปีที่แล้ว

    Since when? By whom u got your lifetime achievement? Friends who always want to become you though mimicking you though said i helped you instead of yourself. Always jealous and said i help you become financial freedom. 15years because of yourself longing, sadness your family your death parents or missing yourself who already dead because your friends said i help you become like that.

  • @uzwlsolanki2189
    @uzwlsolanki2189 2 ปีที่แล้ว

    5:15

  • @sammadden3628
    @sammadden3628 22 วันที่ผ่านมา

    🙋🏾‍♂️

  • @the_overman8302
    @the_overman8302 2 ปีที่แล้ว

    🙋‍♂️

  • @Ludinjapan
    @Ludinjapan 2 ปีที่แล้ว

    You miss 100% of the shots you don’t take!

  • @AtobaLongkumer
    @AtobaLongkumer 2 ปีที่แล้ว

    :D

    • @q4982
      @q4982 2 ปีที่แล้ว

      Hello

    • @q4982
      @q4982 2 ปีที่แล้ว

      buddy

    • @q4982
      @q4982 2 ปีที่แล้ว

      awefawefawefawef

    • @q4982
      @q4982 2 ปีที่แล้ว

      awefawfe1231

  • @alysiawu3031
    @alysiawu3031 2 ปีที่แล้ว

    Good frame of mind, so great, thanks for the content! (Applied for YC) excited to hear back 🚀❤️🦄🧧

  • @algernonnewton6307
    @algernonnewton6307 2 ปีที่แล้ว +1

    Was waiting for a new video 🫡 awesome and informative

  • @BizLytInteractive
    @BizLytInteractive ปีที่แล้ว