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Turing Fest
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July 05, 2023
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Paul Murphy - startup lifecycle
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July 05, 2023
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Transcript
The startup lifecycle Paul Murphy Startup Founder & Investor
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More Users, More Problems.
You need revenue to build a scalable and defensible consumer
business.
Best startups are bought, not sold.
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Think about how you might make $!!
"Success is a lousy teacher. It seduces smart people into
thinking they can't lose." Bill Gates.
Don’t take success for granted. Any sign of life is
precious.
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Create a clearly defined hypothesis to test.
Don’t romanticize the product vision. Obvious when it works.
Team Team Team. Experience is secondary to commitment.
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Founder breakups are extremely common. Prepare.
Get a Founder Associate.
The pressure is lethal. Find a release valve (now).
Your investors work for you, you don’t work for them!
@paulbz