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E7: Stop Learning About Startups and Just Start One (Why I Failed 3 Times Before SimpleDirect)

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Manage episode 501797884 series 3682696
Content provided by George Pu. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by George Pu or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

I failed at 3 startups before SimpleDirect worked. A ride-sharing app that got destroyed at pitch competitions. A travel planning app that went nowhere. A cashback app that hit #2 on Product Hunt but still died.

Each failure taught me more than years of reading startup books ever could.

The biggest barrier to founder success isn't lack of knowledge - it's not starting in the first place.

My failed projects:

  • Ride-sharing app (college): Got humiliated on stage when I couldn't answer basic safety questions. Learned about economics of scale and picking passionate co-founders.
  • Travel planning app: Built pre-ChatGPT, failed like Google Trips. Taught me about market timing.
  • Evolve cashback app: Hit #2 on Product Hunt, built referral system, still getting signups 4 years later - but ultimately failed as a business.

The problem with startup education:

  • Books become outdated faster than you can read them
  • Most successful founders don't have economic incentive to teach
  • You're learning theory, not practice
  • It's like reading "How to Play Basketball" instead of actually playing

What actually works:

  1. Just start - pick any idea and execute in the next 10 minutes
  2. Solve your own problem - be your first user (like Uber, Airbnb, Dropbox founders)
  3. Launch smart - Product Hunt, referral systems, clear value proposition

The Evolve launch strategy that still works:

  • Launched on Product Hunt with zero marketing budget
  • Built referral program ($5 for each friend, cashout at $25)
  • Clear, honest messaging about who we help and why
  • Result: #2 product of the day, signups still coming 4 years later

My 160-day French learning experiment: Duolingo daily practice beats language school theory. Same principle applies to startups.

The brutal truth: Reading about startups is procrastination disguised as productivity. Execution teaches you 50-100x faster than theory.

For aspiring founders: You can start, build, and sell something for under $50 total. Stop reading. Start doing.

What's stopping you isn't lack of knowledge - it's fear of starting.

New episodes Monday/Wednesday/Friday at 9am EST. Weekend bonus when inspiration strikes.

Daily insights: @TheGeorgePu on Twitter/X
Full episodes: founderreality.com
Email: [email protected]

  continue reading

11 episodes

Artwork
iconShare
 
Manage episode 501797884 series 3682696
Content provided by George Pu. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by George Pu or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

I failed at 3 startups before SimpleDirect worked. A ride-sharing app that got destroyed at pitch competitions. A travel planning app that went nowhere. A cashback app that hit #2 on Product Hunt but still died.

Each failure taught me more than years of reading startup books ever could.

The biggest barrier to founder success isn't lack of knowledge - it's not starting in the first place.

My failed projects:

  • Ride-sharing app (college): Got humiliated on stage when I couldn't answer basic safety questions. Learned about economics of scale and picking passionate co-founders.
  • Travel planning app: Built pre-ChatGPT, failed like Google Trips. Taught me about market timing.
  • Evolve cashback app: Hit #2 on Product Hunt, built referral system, still getting signups 4 years later - but ultimately failed as a business.

The problem with startup education:

  • Books become outdated faster than you can read them
  • Most successful founders don't have economic incentive to teach
  • You're learning theory, not practice
  • It's like reading "How to Play Basketball" instead of actually playing

What actually works:

  1. Just start - pick any idea and execute in the next 10 minutes
  2. Solve your own problem - be your first user (like Uber, Airbnb, Dropbox founders)
  3. Launch smart - Product Hunt, referral systems, clear value proposition

The Evolve launch strategy that still works:

  • Launched on Product Hunt with zero marketing budget
  • Built referral program ($5 for each friend, cashout at $25)
  • Clear, honest messaging about who we help and why
  • Result: #2 product of the day, signups still coming 4 years later

My 160-day French learning experiment: Duolingo daily practice beats language school theory. Same principle applies to startups.

The brutal truth: Reading about startups is procrastination disguised as productivity. Execution teaches you 50-100x faster than theory.

For aspiring founders: You can start, build, and sell something for under $50 total. Stop reading. Start doing.

What's stopping you isn't lack of knowledge - it's fear of starting.

New episodes Monday/Wednesday/Friday at 9am EST. Weekend bonus when inspiration strikes.

Daily insights: @TheGeorgePu on Twitter/X
Full episodes: founderreality.com
Email: [email protected]

  continue reading

11 episodes

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