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The Unmistakable Creative Podcast

Dave Parker | The Foundations of Startup Success

The Unmistakable Creative Podcast

Srinivas Rao

Society & Culture

4.81K Ratings

🗓️ 25 October 2021

⏱️ 73 minutes

🧾️ Download transcript

Summary

Dave Parker shares a blueprint for startup success and how founders can take their best ideas to the market without exhausting their team, losing investors or going broke. With a track record of starting multiple companies from scratch and participating in 8 exits, Dave's clear-cut wisdom will have you ready to get from ideation to launch and revenue in no time at all.

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Transcript

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0:00.0

The Mike Tyson quote to me is always the favorite is everybody has a plan until I hit him in the face, right?

0:04.5

And your opportunity as a founder is to take your idea out and get hit in the face as many times as you can by customers.

0:12.2

And that's the difference between like, no, no, I know what the customer wants.

0:16.3

I would never write a check to a founder who has that disillusioned version of conviction, right?

0:24.8

So what I love about working with startup founders is every room I walk into wherever like I'm going to an event in Egypt

0:32.0

in October and you know, I'll go into a room of 100 founders and everybody knows 70 to 90% of them are going to fail.

0:37.4

And everyone knows it's not them, right?

0:40.2

Which is the thing that I love about founders. We're all just slightly delusional.

0:43.7

And I will say every idea is crazy right up before the minute it works, right?

0:48.6

But what you don't want to do is I think the culture of fail fast is really stupid.

0:54.8

I think the idea of chill bad ideas fast is super useful.

1:04.1

I'm Srinny Rao and this is the unmistakable creative podcast where you get a window into the stories and insights of the most

1:10.3

innovative and creative minds who've started movements, built driving businesses,

1:14.4

written best selling books and created and insanely interesting art.

1:17.5

For more, check out our 500 episode archive at unmistakablecreative.com.

1:25.2

Dave, welcome to the unmistakable creative. Thanks so much for taking the time to join us.

1:28.5

Glad to be here. Thanks for the invite.

1:30.5

It is my pleasure to have you here. So I found out about your work by way of your publicist who told me about your book startup trajectory,

1:37.5

which I just finished reading this morning, all of which we will get into.

1:42.3

But before we do that, I want to start asking you what did your parents do for a living?

1:46.2

And how did that end up shaping the choices that you've made throughout your life in your career?

1:51.2

You bad. So my parents were divorced when I was about seven years old.

...

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