Y Combinator Startup Podcast How To Change The World? Get The Small Things Right
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Oct 6, 2022 Dalton Caldwell and Michael Seibel dive into the importance of understanding incentives to create impactful startups. They discuss the pitfalls entrepreneurs face when they ignore the complexities of sales and hiring. A metaphor about uprooting a tree illustrates how aligning with customer needs can lead to better products. The duo stresses the necessity of thorough research to inform innovation and highlights common rookie mistakes made by young founders due to a lack of historical awareness. Tune in for valuable insights to navigate the startup landscape!
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Annoying Problems
- Founders often try to solve problems they find annoying, like car dealerships or real estate transactions.
- Research reveals underlying reasons and incentives that simple solutions can't fix.
The Role of Recruiters
- Many engineers believe software can replace recruiters, but recruiters fulfill a necessary function.
- Engineers dislike interviewing, and it's not the best use of their time.
Changing the World
- Understand the motivations of all parties in an ecosystem, like in ride-sharing.
- Address those motivations rather than imposing a solution.