The Bootstrapped Founder 81: All That Glitters Is Not Gold: Navigating Bootstrapping Advice
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Apr 23, 2021 Discover the art of sifting through bootstrapping advice as the host shares personal insights on navigating the startup landscape. Learn why selective listening is crucial and how not all advice fits the bootstrapper's journey. Understand the importance of context and how different founders may offer conflicting yet valid counsel. Explore ways to judge the resonance of advice and identify those who are living your dream. Finally, grasp the idea that advice should guide you but cannot replace the invaluable lessons of hands-on experience.
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Commuter Research Sparked Skepticism
- Arvid Kahl spent hours commuting and consumed many podcasts, books, and blog posts to learn about building businesses.
- He initially read everything and became overwhelmed by conflicting advice before developing filters for what to follow.
Only Take Advice From Same-Game Players
- Not all startup advice fits bootstrappers because many advisors come from VC or different industries.
- Define the game you're playing and take advice only from people playing that same game.
Advice Is Path Dependent
- Conflicting but valid advice exists because recommendations are path dependent.
- Different founders succeed via different systems, so opposite advice can both be correct in context.
