453. Why Most Startups Fail

The ONE Thing

NOVA Media

Entrepreneurship, Business, Careers

4.6 • 1.1K Ratings

🗓️ 20 May 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

The top reason why startups fail isn’t about funding, technology, or the market. It’s because of people issues. Josh Yellin joins the show today to explain how to prioritize and work through issues between co-founders, teams, and whole organizations. Josh Yellin has a decade of experience running the Google Startup Accelerator. He worked with the world’s most promising startups and their founders. He found that many startup founders are technical wizards, but haven’t managed organizations before. Compounding the issue, the experienced people brought onboard by founders have a hard time adjusting to a startup team. Josh has now put all his experience and expertise in a book, “The Bonfire Moment, How to Bring Your Team Together to Solve the Hardest Problems Startups Face.” In today’s episode he gives us a few highlights: Common traps, Strawman vs Steelman arguments, and navigating feedback. This is an episode you definitely don’t want to miss! If you're a bold risk taker who wants to dream big and achieve a higher level of success in your life or business, visit the1thing.com to learn about our one-on-one coaching, as well as our exclusive community membership program. *** To learn more, and for the complete show notes, visit: the1thing.com/pods. We talk about: Why people issues often fall to the bottom of startup to-do lists Common traps for innovative teams Dealing with disagreements and feedback Links & Tools from This Episode: Learn more and connect with Josh Yellin at BonfireMoment.com Free Resources Want to be a guest or share feedback? Email [email protected] Produced by NOVA Media

Transcript

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0:00.0	Buy low, sell high. It's easy to say, hard to do.
0:04.0	For example, high interest rates are crushing the real estate market right now.
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0:41.0	before investing.
0:42.0	This and all other information can be found in the
0:44.3	funds prospectus at fundraise.com slash flagship. This is a paid advertisement.
0:55.5	Hey everyone and welcome back to the One Thing podcast. We're here with Josh Yellen today who co-founded Google's
0:58.7	first startup accelerator and spearhead at its growth reaching founders in
1:02.3	70 different countries.
1:05.0	Here with us to talk about his new book which he co-authored with Martin Gonzales,
1:09.0	the bonfire moment, how to bring your team together to solve the hardest problems startups face.
1:15.0	Welcome Josh for excited to have you.
1:17.0	Thanks for having me.
1:18.0	It's great to be here. I really appreciate you inviting me.
1:21.0	Well, we're excited to learn more about this because I've built a business, Chris has built businesses,
1:26.0	we've both been involved in a lot of startups, whether they're involved as team members or
1:29.5	involved because we started them.
	...

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