StartUp Founders: Are You Documenting Your Journey?

Name: StartUp Founders: Are You Documenting Your Journey?
Uploaded: 2023-01-23T19:57:57+00:00
Duration: 59 s
Channel: James Sinclair
Description: James Sinclair advises startup founders to document meaningful business progress rather than trivial lifestyle details. He urges founders to share…

23 Jan 2023 · 1 min

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James Sinclair advises startup founders to document meaningful business progress rather than trivial lifestyle details. He urges founders to share concrete metrics—revenue, cash flow, runway/death day—upcoming milestones (customers, fundraising), assumptions, strategies, and execution plans so audiences can follow the company’s real journey.

Chapters

If you're a startup founder and you are documenting your journey and you're doing A Day in the Life of Kudos to you. I just don't know if anyone cares where you're getting your matcha latte from or that you have a beautiful notion template. I think that's fab, but no one cares. I think the content that matters, that we'd be interested to see, I think is where you are today. Revenue, cash flow, cash and bank. What your death day is where you've got to be by Q2, by Q3, by Q4, what's your next big milestone? Is it Series A? Is it certain number of customers and how you plan on getting there? How are you building out that strategy? What are you assuming? What task do you have to take? Wouldn't it be amazing if a founder came on and said, look, this is where I am by the end of Q2, I need this many customers and this is how I think I'm going to get them. This is where I'm going to invest. These are the assumptions I'm making, these are the tools I'm going to use and, and this is why I think it's going to work. And show us your journey there. Take us through the process or show us your local coffee shop. Good luck.