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Assume Everyone Will Leave in Year One
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The Utter STUPIDITY of "Risking it All"
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Why Most Founders Don't Get Rich
Investors will be Obsolete
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SMALL is the New Big — Embracing Efficiency in the Age of AI
The 9 Best Growth Agencies for Startups
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Why Having Zero Experience is a Huge Asset
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$10K Per Month isn't Just Revenue — It's Life Support
The Ridiculous Spectrum of Investor Feedback
Startup CEOs Aren't Really CEOs
Series A, B, C, D, and E Funding: How It Works
Best Pitch Decks Ever: The Most Successful Fundraising Pitches You Need to Know
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Should I Regret Not Raising Capital?
Unemployment Cases — Why I LOOOOOVE To Win Them So Much.
How Much to Pay Yourself
Heat-Seeking Missile: WePay’s Journey to Product-Market Fit — Interview with Rich Aberman, Co-Founder of Wepay
The R&D technique for startups: Rip off & Duplicate
Why Some Startups Win.
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Founder Success: We Need a Strict Definition of Personal Success
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Founder Exits are Hard Work and Good Fortune, Not "Good Luck"
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Our Startup Culture of Entitlement
The Bullshit Case for Raising Capital
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Startup Failure is just One Chapter in Founder Life
6 Similarities between Startup Founders and Pro Athletes
All Founders Make Bad Decisions — and That's OK
Startup Board Negotiations: How do I tell the board I need a new deal?
Founder Sacrifice — At What Point Have I Gone Too Far?
Youth Entrepreneurship: Can Middle Schoolers be Founders?
Living the Founder Legend Isn't so Fun
Why Do VC Funded Startups Love "Fake Growth?"
How Should I Share My Wealth with Family?
How Many Deaths Can a Startup Survive?
This is Probably Your Last Success
Why Do We Still Have Full-Time Employees?

Why Are All My Founder Friends Ahead of Me?

Wil Schroter

Why Are All My Founder Friends Ahead of Me?

Nearly every Founder feels woefully behind their friends in life.

As it happens, we picked a particularly shitty profession to ever feel "ahead" of our friends and colleagues. Most of our friends have regular jobs where they actually get paid every week, whereas we spend the entire month wondering if and how we'll get paid at all.

The problem compounds when we start to look at our successful Founder colleagues because the delta in success can be so astronomical so quickly. We start to assume that their successes become a reflection of our failures. But what we're missing in that comparison is how the benchmarks themselves are completely broken.

We Fight Ourselves

It all starts when we try to invent where we should be in life as if our path is a forgone conclusion and we're simply behind schedule. As Founders, we are always fundamentally behind schedule. We're building something that has never been created before, with a team that just came together in a market that's totally unproven — in what world would we be on schedule?

The concept of a schedule works in a regular career path. We think of it like a ladder where we continue to ascend with more effort. Being a Founder is nothing like that. Our path looks more like swinging from vine to vine, only in complete darkness, and we have no idea if the vine we happened to grab onto is moving us forward or backward.

We're always going to feel like we're behind, until one day we look around and we're not. The typical signs of progression are incredibly faint in this business, and even when they do happen we're so distracted by what's next we rarely notice them. We have to be OK sprinting into the abyss without any mile markers. That's what this game is.

We Compare our Random to their Random

Oh look, another Founder we know just landed huge funding round! How are they raising money when we can't even get an investor callback? Are they amazing or do we just suck at life?

When we compare ourselves to other Founders we assume that just because we're both Founders, so we must be doing the exact same thing. We're not. While we may both be running startups, that's entirely where the comparison ends. Every facet of building a startup is a unique journey that involves skill, but relies heavily on market timing and a whole lot of bets that no one can guarantee the outcome on.

If it were just a matter of skill, successful entrepreneurs could just keep building successful companies over and over. And yet they don't, because this shit is random. Where we fall down is when we compare our random series of events and outcomes to their random series of events and outcomes. It never stacks up and it's a wasted effort. We always "lose" because we're making the wrong comparison.

Comparison Kills Progress

The worst part about comparing our success to these arbitrary benchmarks is that it distracts us from what's most important — moving our own position forward. No matter how far we get, we'll always find someone else who did better. Every moment we spend beating ourselves up over our invented deltas is time that could be spent improving our own position.

The best prescription for comparison is putting total blinders on and getting laser-focused on our own outcomes. We'll be 100x better served in every aspect of life by removing as many comparisons as possible and diverting all of our energy to our own cause.

There is no ninja move that will ever "cure" comparison that doesn't map back to moving our own meter. And that's all that matters.

In Case You Missed It

The Case for Growing Slowly Instead of going full force too fast early on, take the time to understand whether the bets you’re paying back or not and when it’s time to change direction.

Don’t Work Long Hours, Work Efficient Hours As Founders, we should stop being "long hours" champions and instead start being proud of how much we can do in as few hours as possible.

How Much Should I Be Working? (podcast) Wil and Ryan take a deep dive into the benefits of thinking quality and not quantity when it comes to your weekly punch card.

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