23mile Podcast | Founder Exits, Scaling & All the Hard Bits
James Green lost $3 million falling for the gung ho propaganda of the tech world. He describes the end of his startup as a period of grief that took 18 months to process. In this episode, James breaks down why Scaled Networks failed, highlighting a 30% worker turn-up rate, and why building software before proving behavior was his primary mistake. He now advocates for the rational startup: building for multi million dollar outcomes and autonomy rather than the venture capital treadmill. In this episode, you will learn: * Gung Ho Propaganda. Why survivor bias leads professionals to ignore the 90% failure rate of startups. * The 30% Trap. Why building an app before proving market behavior through manual simulation was a $3 million mistake. * The Traction Ladder. How to distinguish between polite feedback and real traction where customers pay more than once. * Building for Autonomy. Why mid-career founders should target multi million dollar exits instead of unicorn valuations. Three Founder Takeaways: 1. Failure requires a mourning period. James describes the end of a startup as a grieving process that requires time before starting again. 2. Traction is behavioral. Real traction exists when a customer pays for a product more than once. 3. Ownership drives wealth. A rational exit for $10 million is often a better goal for experienced professionals than a high risk unicorn target. Connect with James: linkedin.com/in/jamesgreen1 [https://www.google.com/search?q=https://linkedin.com/in/jamesgreen1] Subscribe to 23mile: 23mile.com [https://23mile.com/]
20 episodios
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