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Killing It! The Hidden Toll of Startup Success: Matt Harris on Founder Burnout
Fintech Takes
Coaching Without Advice but Strong Opinions on Burnout and Fundraising
The coaching approach involves not giving advice or opinions except on managing burnout and fundraising where strong opinions exist. The emphasis on managing burnout pertains to understanding the physiology of the body. In fundraising, the focus is on utilizing neuroscience to communicate effectively with investors, considering that decision-making is emotional and subconscious. The strategy includes limiting the number of pitches to prevent information overload and subsequent burnout. Despite a lack of empirical evidence, the coaching practice has been successful, with six companies raising $43 million in the last year and experiencing significant growth, attributing this success to a structured coaching approach in four phases.
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