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Are We Growing or Just Getting Fat?
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How We Secretly Lose Control of Our Startups
Does Startup Success Validate Us Personally?
Should Kids Follow in Our Founder Footsteps?
The Evolution of Entry Level Workers
Assume Everyone Will Leave in Year One
Was Mortgaging My Life Worth it?
What's My Startup Worth in an Acquisition?
When Our Ambition is Our Enemy
Are Startups in a "Silent Recession"?
Do Founders Deserve Their Profit?
The Utter STUPIDITY of "Risking it All"
Why Most Founders Don't Get Rich
Investors will be Obsolete
Why is a Founder so Hard to Replace?
We Can't Grow by Saying "No"
More Money (Really Means) More Problems
Committees Are Where Progress Goes to Die
Wait a Minute before Giving Away Equity
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The Value of Actually Getting Paid
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Do People Really Want Me to Succeed?
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The 9 Best Growth Agencies for Startups
Never Share Your Net Worth
This is BOOTSTRAPPED — 3 Strategies to Build Your Startup Without Funding
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If It Makes Money, It Makes Sense
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A Steady Hand in the Middle of the Storm
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Staying Small While Going Big
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Are Founders Driven by Fear or Greed?
What if I'm Building the Wrong Product?
How Startups Actually Get Bought
Quitting vs Letting Go
Actually, We Have Plenty of Time
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Who am I Really Competing Against?
Investors are NOT on Our Side of the Table
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Unlocking the Power of a Startup Community
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Why Founders Don't Ask for Help
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The Invention of the 20-Something-Year-Old Founder
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How to get Customers for Startups
Founder Sacrifice — At What Point Have I Gone Too Far?
The Power of a Growth Mindset: How to Achieve Success in Your Startup
Startup Board Negotiations: How do I tell the board I need a new deal?
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Series A Funding Rounds
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Choosing The Right Type Of Website For Your Business
Startup Failure is just One Chapter in Founder Life
What If my plan for retirement is "never retire"?
Is Quiet Quitting a Problem at Startup Companies?
If a Startup Sinks, Founders Go Down With it

Let's All Work On The Last Startup We'll Ever Do

Wil Schroter

Let's All Work On The Last Startup We'll Ever Do

8 years ago I decided that whatever startup I was going to launch would be the last startup I ever did.

I made this decision after launching 8 startups and realizing that creating a company as a "means to an end" was a shitty way for me to live.

I found myself in this constant cycle of being wildly preoccupied by "the next thing." Raising money for my startup was a means to a quicker exit. Killing myself meant I could finish this chapter faster, more successfully.

I had endless justifications for compromising my life because I could always "make it up later."

But what if there was no "later"?

This time around I decided to change it up.

I asked myself, "What if I picked what I wanted to do for the rest of my life NOW?" So instead of making my startup some means to a great next goal, just do the stuff that I want to do forever, now.

For me, that was helping Founders.

I honestly didn't know what that would mean as far as a business, and Startups.com is the result of that exploration. The reason I got here is because I just picked what I wanted to do for the rest of my life (as if I were retired) and pursued that.

When you take "what's next" off the table, the stress goes with it

The moment I knew that this was all I was going to do for the rest of my life, my stress level plummeted.

I knew that whatever we had to accomplish (like helping teach the world to become Founders) we'd have decades to figure it out. That's not the same as taking decades to get stuff done. If you know that you're going to be doing something forever, you put a hell of a lot more thought and attention into how you do it.

Incidentally, my motivation has actually gone up. Because now I know what I'm working on is my final body of work. If I don't do my best work right now there's no chance to make it up later. So my motivation to do my best work has hit its peak.

And it's incredible.

Let's brag about our last startup

There's something powerful about focusing on longevity versus just growth.

Think about it — do you want to buy products from companies that are putting all of their focus into this product for the rest of their lives or ones that are trying to hit their customer acquisition costs by any means necessary?

I think a long term "final" focus not only builds better companies and products — it builds better Founders.

In Case You Missed It

Focus On What You Don’t Want To Do. What happens when instead of worrying about the things we want to do, we focus on the things we never, ever want to do again? How can that start to take huge steps in reducing our overall stress?

Build Your Startup Around Your Passion. Not every passion pays well. However, instead of starting with, "what will make the most money?" and hoping we like it, let’s start with what we’re most passionate about and figure out how to do that profitably.

Is Doing Non-Startup Stuff Good For My Startup? (podcast). What if we knew that time away from our startup was the key to actually making it grow faster?

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