PODCAST · business
How To Founder
by Anthony Franco
Founders are pioneers of economic prosperity. We equip them for the journey.Think you know the real story of entrepreneurship? Think again. "How to Founder" dives headfirst into the messy, often unspoken realities of building a business. We're not here for the typical success stories; we're challenging conventional wisdom, tackling tough topics, and giving you the unfiltered truth about what it actually takes to succeed. If you're ready to move beyond the status quo and are looking for a podcast that's as ambitious as you are, subscribe now. It's time to rewrite the rules and build your own
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203
206 Build Brand Before the Cult
A cult brand is not a costume. It is identity people can wear.Chris Franks and Stephanie Hays dig into brand versus cult, and why founders who chase logos, merch, and mass awareness often skip the harder work: a sharp product promise and a community that sees itself in the company. They use Liquid Death, Red Bull, and even Scaled Agile to separate expensive lifestyle theater from the cheaper, sharper play of values, belonging, and evangelists.The conversation gets practical fast. Brand is what customers say about you. Cult marketing is identity transfer. You find your people where they already gather, borrow aligned audiences, and ask one brutal question about every champion: what does supporting you say about them? Then you refuse the vaporware trap of big pre-launch spend with no product underneath.If you have been trying to manufacture believers before the promise is real, this episode will reframe the order of operations.Keywords: brand building, cult brand, founder marketing, customer identity, brand evangelists, community marketing, Liquid Death, Red Bull, startup branding
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202
205 Build Luck Before You Need It
Luck is not a strategy, but waiting for it is worse.Chris Franks, Anthony Franco, and Stephanie Hays dig into the uncomfortable founder problem hiding inside every success story: how much of this was skill, and how much was timing? They break down luck surface area, why more at-bats create better odds, and how founders can put themselves in more useful places without becoming scattered.The conversation moves from customer conversations and market timing to confidence, humility, risk, and resilience. The practical point is simple: founders cannot control randomness, but they can control motion, awareness, preparation, and the willingness to learn from both lucky breaks and ugly misses.If you have ever wondered whether your last win proved genius or just good timing, this episode gives you a better question to ask.Keywords: founder luck, optionality, luck surface area, startup timing, founder resilience, business experiments, customer discovery, entrepreneurial risk, founder mindset
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205 Build Luck Before You Need It
Luck is not a strategy, but waiting for it is worse.Chris Franks, Anthony Franco, and Stephanie Hays dig into the uncomfortable founder problem hiding inside every success story: how much of this was skill, and how much was timing? They break down luck surface area, why more at-bats create better odds, and how founders can put themselves in more useful places without becoming scattered.The conversation moves from customer conversations and market timing to confidence, humility, risk, and resilience. The practical point is simple: founders cannot control randomness, but they can control motion, awareness, preparation, and the willingness to learn from both lucky breaks and ugly misses.If you have ever wondered whether your last win proved genius or just good timing, this episode gives you a better question to ask.Keywords: founder luck, optionality, luck surface area, startup timing, founder resilience, business experiments, customer discovery, entrepreneurial risk, founder mindset
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204 Kill Weak Ideas Before They Eat the Good Ones
What if the idea you love most is quietly draining the business you are trying to build?Chris Franks, Anthony Franco, and Stephanie Hays dig into idea triage: the uncomfortable founder work of deciding which ideas deserve more oxygen and which ones need to stop consuming cash, time, and attention. They argue through focus, optionality, sunk cost, customer conversations, partner feedback, and the difference between real persistence and avoiding a harder decision.The episode gets practical fast. A new business is a hypothesis, not a personality test. Before a founder builds the monument, they need to write down what must be true, talk to people who know the market, and decide what evidence would actually change their mind. If an idea cannot survive that process, it probably should not get the company’s next quarter.Keywords: idea triage, founder focus, startup ideas, business hypothesis, sunk cost, customer validation, founder decision making, entrepreneurship, product validation
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203 When to Hire and Fire Your Marketing Agency
What if most of what your marketing agency does could be done in an afternoon with AI?Chris Franks, Stephanie Hays, and Anthony Franco pull apart the agency model in 2026. They debate whether the founder should own strategy or rent it, why packaged services quietly produce mismatched leads, and how "bro marketing" hype cycles pull shaky founders into spending that goes nowhere. They get specific about what AI now does as well as a digital agency once did — social, basic websites, prospecting, scoring — and what only a human still does well, like building real relationships and shaping a brand. They also debate freelancer versus agency, when to fire, and what the right deliverables look like now that human-to-human content is the thing actually indexing online.If marketing feels like a black box you keep paying for, this conversation gives you a way back into the driver's seat.Keywords: marketing agency, founder marketing, AI marketing tools, freelancer vs agency, hiring marketing agency, firing marketing agency, marketing strategy, customer acquisition
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202 Your Real Competitor Isn't in Your Category
Your toughest competitor may not be another company. It may be a spreadsheet, a lawyer, an old internal tool, or the customer doing nothing.In episode 202, Chris Franks, Anthony Franco, and Stephanie Hays break down competitive analysis without the usual founder panic. They cover why competitors can be useful sources of information, why obsessing over them turns mission into ego, and how to spot the alternatives actually stealing your deals. The conversation moves from Pulley competing with lawyers' spreadsheets to school districts using the wrong software because it was already installed, then into pricing, positioning, referral partnerships, and why "we have no competitors" is a trap answer.If you're building a product, entering a crowded market, or trying to explain why buyers should switch, this episode gives you a cleaner way to map the field: start with the customer's pain, find the default behavior, then use competitors as data instead of drama.Keywords: competitive analysis, customer interviews, market positioning, founder strategy, startup competition, pricing strategy, customer alternatives, doing nothing, product positioning
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201 Why Your First Pitch Can Kill Your Patent Rights
The moment you start selling your invention, the clock to losing your patent rights starts ticking.Anthony Franco, Chris Franks, and Stephanie Hayes break down intellectual property for early-stage founders — from why investors won't sign your NDA (and what that signals about you) to the difference between patents, trade secrets, and doing nothing at all. They cover when to file a provisional patent (before your first pitch), why patents are defensive tools rather than competitive weapons, and the uncomfortable truth about enforcement: a patent you can't afford to litigate isn't protection, it's theater.The episode unpacks the Dippin' Dots case, the on-sale bar that can destroy your patent before you file, and why for most founders, the best IP strategy starts with building a great company rather than filing expensive paperwork for an idea still looking for a market.Keywords: intellectual property, patents, trademarks, trade secrets, provisional patent, startup IP, NDA, patent filing, founder strategy, intellectual property protection
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196
200 The Musk Algorithm
What if most of your roadmap is work that should not exist at all?Chris Franks, Anthony Franco, and Stephanie Hays take apart Elon Musk’s five-step algorithm — make the requirements less dumb, delete, simplify, accelerate, automate — and stress test it against the reality of running an early-stage company. They dig into the Tesla fire-pad story that nobody could trace to an owner, why most founders run the sequence in reverse, and what changes when you treat cycle time as a learning instrument instead of a productivity metric. The conversation gets sharper when the hosts disagree about whether deletion and simplification are actually the same step, and whether speed still matters in a world where AI can generate five hundred bad logos in an afternoon. By the end, the algorithm becomes less of a framework and more of a checklist founders can run against their own week to find the work that should have been killed three months ago.Keywords: Musk algorithm, founder frameworks, deletion over optimization, requirements engineering, cycle time, startup automation, first principles thinking, planning fallacy
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199 The Loneliness Tax: Managing Isolation at the Top
Starting a company that works might be the loneliest thing you ever do. Not because nobody’s around—because everybody is, and none of them can carry what you’re carrying.In this episode, Anthony Franco, Chris Franks, and Stephanie Hayes dig into the structural loneliness of being a founder: why you can’t share the real weight with your team, why your family didn’t sign up for the same ride, and why connecting with non-founders often feels like talking across a language barrier. They also get honest about the mental health numbers—founders are nearly twice as likely to have a diagnosable condition, depression runs 30% higher, and 54% hit clinical burnout.More important: what actually helps. Peer communities with real context. Non-negotiable recovery rhythms. Physical maintenance as mental maintenance. And the identity separation that keeps one bad quarter from feeling like a verdict on who you are.Keywords: founder loneliness, founder mental health, founder isolation, entrepreneur burnout, founder wellbeing, founder community, entrepreneurship stress, founder identity, startup mental health, founder peer group
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198 Why Hiring a Sales Rep Too Soon Kills Deals with Joel Miller
What if hiring your first sales rep is the move that quietly kills your best deals?Joel Miller has run The Sky Floor for seventeen years without a VC, retains clients for years, and refuses to hand his prospecting calls to a hire — and he can prove why. In this episode, Stephanie Hayes and Chris Franks dig into the authority a founder carries that a rep cannot replicate, the moment selling stops being a tax and becomes a translation layer, and the modern playbook where the seller's job is to coach a buyer, not pitch one. They unpack the founders who genuinely should not be in front of a customer, why the EQ-versus-IQ math flips at the senior level, and the disqualifying question that turns a sales call into a fit test in twenty minutes. If selling feels uncomfortable and the instinct is to outsource it, this conversation rewires the instinct.Keywords: founder-led sales, founder sales, when to hire sales rep, consultative selling, B2B sales, sales discovery, EQ in business, founder skills, sales coaching, Joel Miller
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197 The Founder Tax: What Buyers Discount at Exit
What if the thing you're proudest of is the thing buyers pay you less for?Founder-led businesses sell every day at multiples that quietly account for one number: how much of the company runs through you. Chris Franks and Stephanie Hays unpack the risk-adjustment math that decides exit valuations — why a $1.5M services business with $1.3M in expenses is worth less than an $800K one with $300K, why SDE and EBITDA reward opposite strategies, and why a buyer's first job in due diligence is to find every concentration risk and shrink your multiple for it.The conversation breaks down the asset categories nobody teaches service founders to build, the post-exit emotional reality nobody warns you about, and the one mistake from a first exit — the one that ended in four rounds of federal lawsuit — that any founder can avoid in a single sentence.If you've ever assumed "someday I'll sell," this is the conversation that belongs between today and that day.Keywords: founder exit strategy, business valuation, SDE vs EBITDA, founder dependency, building sellable business, private equity exit, post-exit transition, productized services
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196 The Real Reason Employees Lie with Anthony, Chris
The dishonesty you keep finding is usually the system you designed working perfectly.Most founders treat employee dishonesty as a hiring problem or a character flaw. The founders who've watched this play out across multiple companies see something different — a system pattern wearing a person's face. Anthony and Chris break down the two flavors of dishonesty, why founders almost always confuse them, and what changes when you stop scrutinizing the people and start scrutinizing the conditions you built around them.They cover the easy calls (theft, fraud, a faked status report on a publicly traded client) where the right move is fast and final. Then the harder ground — the everyday padded estimates, the inflated progress reports, the credit-grabs — where firing misses the diagnosis entirely. They get into the Buurtzorg case where removing managers actually decreased dishonesty, why Meta's bottom-third firing cycle creates the lying it claims to filter out, and the Slack origin story as a working example of upward honesty paying off.If you've ever caught someone in a lie at your company and wondered whether the problem was them or you, this one's for you.Keywords: employee dishonesty, founder leadership, company culture, psychological safety, hiring mistakes, trust and verify, command and control management, Buurtzorg, Slack pivot, founder accountability
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191
195 The Real First 100 Days Done Backward
What if the launch checklist you're following is the reason you haven't launched?Stephanie Hayes and Chris Franks tear apart the conventional first-hundred-days playbook, the one that says incorporate first, brand second, sell third. They argue the order is exactly wrong. Forty-two percent of startups die from no market need, not bad legal structure, and every hour spent on logos and LLCs is an hour not spent finding out whether anyone will pay.They walk through the pre-founding phase the experienced founders actually use - five to ten customer conversations a week, the "can I hold you to that?" follow-up that exposes fake interest, and why falling in love with the problem beats falling in love with the solution every time. Plus how AI changes research but not validation, and why the founders who build before talking are still the ones who fail.If you're stuck on what to name your company before you've sold anything, this episode is the redirect.Keywords: first 100 days, startup launch, pre-founding phase, market validation, customer discovery, product-market fit, founder fundamentals, no market need, friend raise, How To Founder
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194 Why Founders Who Learn AI First Win with John Kaplar
The fastest path to AI adoption in your company isn't hiring an expert. It's becoming one yourself.In this episode, we sit down with John Kaplar, who left an 18-year software career to teach founders and designers how to integrate AI into real workflows. John makes the case that founders who delegate AI before they understand it can't manage the work, evaluate the results, or build on what's possible.We dig into why agentic AI is the wave founders can't afford to skip, how one founder built a full SaaS application in a weekend, and the single best use of AI for early-stage companies. Plus, what founders need to know about data ethics, AI bias, and why showing up as an actual human is becoming the only competitive moat that matters.If you're trying to figure out where AI fits in your business right now, this episode maps it out.Keywords: AI for founders, agentic AI, AI adoption, founder productivity, Claude Code, artificial intelligence, startup AI strategy, John Kaplar, AI tools for business, How To Founder
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193 Why Your Impact Initiative Will Fail with Jim Tracy
Your company's impact initiative has better odds of becoming a press release than a legacy.In this episode, we sit down with Jim Tracy, who spent thirty years building companies across manufacturing, telecom, agriculture, and real estate on four continents. Jim has a simple test for whether your company's impact is real: if it's in your sales deck, it's a marketing tactic, not a mission. If it lives in the process, it lasts.We dig into why most impact programs die when the champion leaves, how a handwritten birthday card can outlast any CSR initiative, and the only thing that actually scales in your organization. Plus, what founders get wrong about values enforcement and why your cause alignment might be answering the wrong question.If you want to build something that matters beyond the quarterly report, this episode is the reality check you need.Keywords: company impact, corporate social responsibility, founder values, company culture, employee engagement, authentic leadership, values enforcement, Jim Tracy, impact initiative, How To Founder
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188
192 Why Your Best Advisors Are Your Biggest Threat
What if the smartest people in your corner are the reason you're stuck?Founders build advisory boards by collecting impressive resumes: former CEOs, industry veterans, people who've been exactly where they want to go. Six months later, they're making the same decisions they'd make alone, except now four people validate them first. That's not an advisory board. That's an echo chamber with better titles.Chris Franks and Stephanie Hays tear apart the conventional playbook on personal boards of advisors. They dig into Paula Caprani's research on managerial derailment, the concept of the "loving critic," and why fifty percent of professionals stall out because nobody challenges their blind spots. They explore the Techstars "mentor whiplash" phenomenon, where contradictory advice from smart people turns out to be the real curriculum. And they get honest about the hardest part: recognizing when the advisor you're most loyal to is the one holding you back.You'll walk away knowing how to build an advisory board that actually makes you better, not just makes you feel better, and when to refresh it before it costs you.Keywords: personal board of advisors, founder mentorship, advisory board strategy, mentor whiplash, loving critic, startup advisors, founder development, cognitive diversity, business mentors
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187
191 Your Business Is Profitable and Broke with Abir Syed
Your profit report says things are great. Your bank account disagrees. What's actually happening?In this episode, e-commerce CFO Abir Syed breaks down the profitability paradox that quietly kills growing businesses: why strong margins and a healthy P&L can coexist with a genuine cash crisis, and how founders who don't model their cash conversion cycle find themselves on a treadmill of expensive short-term debt they can never escape.Abir, Anthony, and Chris dig into the three financial metrics that actually matter for most businesses, when pre-revenue startups can command higher valuations than revenue-generating ones, how big companies weaponize payment terms to manage their own cash flow at your expense, and what a financially well-run business actually looks like from the inside.If you've ever stared at a profitable P&L while wondering why the bank account feels thin, this episode is the answer.Keywords: cash flow management, financial statements, e-commerce finance, cash conversion cycle, EBITDA, accounts receivable, profit vs cash, founder finance, DTC brands, working capital
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190 User Experience with Anthony, Chris, and Steph
In this episode, we break down what user experience actually means — and it's not what most founders think. UX isn't your app's color scheme or button placement. It's the entire chain from first contact to renewal, and every gap in that chain is costing you customers you'll never get back.Anthony Franco, founder of the world's first UX agency, joins Stephanie and Chris to unpack the most common UX mistakes founders make: building for themselves instead of their users, confusing pretty design with functional design, and optimizing for surface requests instead of root causes. You'll hear the story of the refresh button that revealed what users actually needed, why churn is always a late warning signal, and how design thinking is becoming the only real differentiator in an AI-saturated market.Whether you're building software or selling services, this conversation will change how you see every customer interaction you've ever designed.Keywords: user experience design, UX for founders, product design, customer experience, design thinking, AI product design, user research, product management, founder mistakes, UX strategy
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185
189 What No One Tells You About Selling Your Business with Veronica Zora Kirin
You signed the papers. The wire hit your account. So why does it feel like grief?In this episode, we dig into the emotional reality of selling your business, the part nobody prepares you for. Veronica Zora Kirin, serial founder, two-time TEDx speaker, and anthropologist, breaks down why exits mirror the stages of grief even when they go exactly right. We cover how to read the slippage signal before you've stayed too long, what earn outs actually do to your identity and your team relationships, why most buyer conversations fall apart before they ever close, and how to build toward life after the company before the sale process starts.This is the conversation that should happen before you get the offer. Because the founders who navigate exits well don't figure it out after closing. They start long before.Keywords: selling your business, founder exit, emotional impact of exit, business acquisition, post-exit identity, earn out, exit strategy, life after selling, business broker, founder burnout
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188 The Hidden Tax of Keeping Your Options Open with Anthony, Chris, Stephanie
Every option you keep open is silently billing you.Most founders call it flexibility. Investors call it hedging. The founders who've been through it call it what it actually is: fear dressed up in strategic language. In this episode, Anthony, Chris, and Stephanie break down the optionality trap — why the instinct to keep doors open destroys more companies than bad products ever did.They cover how to tell the difference between healthy flexibility and the kind of optionality that's really just launch avoidance. Why a founder chasing every new opportunity isn't being strategic, they're broadcasting that they don't believe in their own bet. And the one question that cuts through all of it: are your current initiatives serving one ultimate objective, or do they scatter?This episode is for founders who keep adding features, pivoting markets, or pitching a dozen use cases — and telling themselves it's because the market isn't ready. It's not the market. Listen in.Keywords: optionality, founder decision-making, startup strategy, fear of launching, product focus, business commitment, FOMO founders, problem-founder fit, entrepreneurship
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183
187 Your Worst Habit Sets Culture with Lisa Johnson
Your company already has a culture. You just didn't design it.Every founder talks about building culture intentionally. But culture isn't built during the retreat or the values workshop - it accumulates in every decision you make under pressure, every behavior you let slide, and every pattern you carry into the office from your personal life. Lisa Johnson, co-founder of Been There Got Out, built her business through ten years in the legal system and over one hundred court appearances. Her insight on culture isn't theoretical.This episode breaks down why "we're a family here" is the most dangerous phrase in your company, how to time-box grief so difficult experiences don't run your team, and why authenticity in leadership isn't the same as trauma dumping on the people who depend on you. Anthony Franco and Chris Franks also dig into how founders' personal struggles - divorces, failures, conflict - either become culture assets or culture liabilities, depending on how intentionally they're processed.If your stated values and your actual reward patterns don't match, this episode is for you.Keywords: company culture, founder leadership, culture design, leadership authenticity, organizational culture, founder mindset, trauma and entrepreneurship, building teams, founder stories
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182
186 Why Your Growth Is Breaking Your Company with Chris & Stephanie
Your team tripled. Revenue doubled. And somehow, you're slower, messier, and more dependent on the founder than you were at ten people.In this episode, Chris Franks and Stephanie Hays dig into the specific mechanisms that cause growth to break good companies. Not the obvious failures, but the invisible ones: the informal communication patterns that disappeared when you added headcount, the profile mismatches that make your best early hires wrong for the next phase, and the reason most founders are still running founder energy when their company desperately needs a CEO.They cover when hiring more people makes the problem worse, how silos form before anyone names them, what it actually means to fund growth rather than just survive it, and the three non-negotiable jobs of a CEO that most founders keep delegating to themselves.If your calendar is full of decisions that should not require you, this episode will tell you why, and what to do about it.Keywords: scaling problems, founder to CEO transition, company growth challenges, organizational silos, team building, hiring for growth, blitzscaling, company culture at scale, growth operations, operational infrastructure
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185 From Employee to Entrepreneur with Randy Gage
The habits that made you a top performer at a big company can quietly wreck your startup.In this episode, New York Times bestselling author and entrepreneur Randy Gage joins the conversation to dissect the mental software founders carry out of corporate life, and why it's so hard to uninstall. From surrounding yourself with sycophants to building overhead too fast, the traps are predictable. So are the fixes.You'll hear why the most dangerous thing you bring from corporate isn't a bad habit but an identity, one built around not looking foolish. And why the founders who last aren't motivated by Lambos but by the work itself. Randy also shares the exact framework he uses for protecting deep-thinking time in a calendar full of demands.If you've come from a corporate background and feel like something's holding you back, this episode names it.Keywords: employee thinking, founder mindset, corporate to entrepreneur, Randy Gage, limiting beliefs, startup overhead, delegation, genius zone, entrepreneurship
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184 Crushing Customer Service with Steve Anderson
Your support costs are hiding your biggest competitive advantage.Most founders treat customer service as a cost to minimize. Jeff Bezos built Amazon by treating it as a failure signal. Every support contact meant something broke. Fix the contact, and you've got a satisfied customer. Fix the process that caused it, and you've got a competitive moat.In this episode, Steve Anderson, author of The Bezos Letters, breaks down how Amazon turned customer obsession into operational infrastructure, and what founders at any stage can take from it. You'll learn why your service metrics are probably measuring the wrong thing, how to find the hidden friction in your customer journey before it becomes churn, and why giving your reps authority to solve problems on the spot outperforms any script you'll write.Steve also shares his speed-round take on the questions every founder faces: scripted vs. discretion, phone vs. chat, domestic vs. offshore. The answers might surprise you.Keywords: customer service, customer retention, churn prevention, customer obsession, Amazon, service strategy, startup growth, customer journey, Steve Anderson, Bezos Letters
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183 What If Your Cloud Bill Is Lying About Your Usage? with Vidar Hokstad
What if the infrastructure protecting you from scale is the reason you can't afford to reach it?Basecamp's founder publicly abandoned the cloud after calculating they'd spent $3.2 million annually on AWS. Their discovery? Actual usage didn't match what they were paying for. Today we sit down with Vidar Hokstad, founder of Hokstad Consulting, who's spent twenty-five years helping startups stop overengineering their infrastructure. Vidar reveals the uncomfortable math behind startup cloud spending: sixty to seventy percent is pure waste. We explore why engineering teams build for Google's traffic while sales teams are still making cold calls, and how the communication breakdown between pitch decks and development teams creates expensive solutions nobody needs. Discover why Twitter's "crappy" early architecture was actually the right call, how a one-second cache fix can buy months of breathing room, and the three questions every founder should answer before approving infrastructure spend.Keywords: cloud infrastructure, AWS costs, startup scaling, overengineering, Kubernetes, cloud optimization, infrastructure costs, startup runway, Vidar Hokstad, technical architecture
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182 Why Zero Price Pushback Means You're Leaving Money Behind
What if the price you're charging is teaching your customers your product isn't worth that much?Most founders treat pricing as a math problem: add up costs, slap on a margin, done. But pricing expert Dan Balcauski reveals why this approach leaves massive value on the table. In this episode, we explore why your price is actually a positioning decision that determines everything from your sales motion to your customer quality. Dan breaks down the four inputs every pricing exercise needs, why zero pushback on price means you're charging too little, and how the same bottle of water can be worth anywhere from nothing to everything depending on context. Whether you're launching a SaaS product, selling services, or building a physical goods business, this conversation will change how you think about the number on your invoice.Keywords: pricing strategy, SaaS pricing, B2B pricing, value-based pricing, pricing psychology, startup pricing, how to price products, pricing tiers, discount strategy, Dan Balcauski
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181 When Perseverance Becomes the Problem with Ralph Brewer
You built something from nothing and somewhere along the way, you became "the person who does this." Your identity fused with your company, your role, your expertise. That merger felt like commitment. It was a trap.The sunk cost dilemma runs deeper than money or time. It's about who you've become and the terrifying question of who you'd be without it. Founders hold onto failing strategies, dead partnerships, and outdated business models not because the data supports it, but because walking away means admitting the person they built themselves into no longer fits.Ralph Brewer has guided thousands through identity collapse and reinvention. As the founder of Help For Men and author of REBUILD, he's watched people cling to versions of themselves that stopped working years ago. His take: the fastest path forward requires burning down who you were.This episode tears apart the connection between founder identity and business strategy, exploring why the best pivots start with killing your professional self-image, how survivorship bias poisons the "never quit" narrative, and what peer community actually does for founders stuck in the sunk cost trap.Keywords: sunk cost fallacy, founder identity, knowing when to quit, entrepreneurship perseverance, business pivot, founder burnout, startup exit, Ralph Brewer, identity crisis entrepreneurs, founder mental health
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176
180 The Real Reason You Haven't Fired Them with Bill Kasko
You've known for months who needs to go. The documentation feels thin. The conversation you keep rehearsing never sounds right.In this episode, staffing CEO Bill Kasko, who built Frontline Source Group to 31 locations over 25 years, breaks down why most termination problems are actually hiring problems. He shares the single interview question that reveals more about a candidate than nine rounds of interviews, explains why firing a top producer actually increased revenue, and outlines the specific conversations founders should be having long before the termination meeting. Hosts Chris Franks, Anthony Franco, and Stephanie Hays dig into the real difference between corporate-style firings and how founder-led companies should handle exits, why zero terminations should surprise an employee, and the social media risks that come with botching the process.Whether you're avoiding your first termination or recovering from a bad one, this episode gives you the playbook for exits that protect your culture, your reputation, and your team.Keywords: employee termination, firing employees, hiring process, staffing, HR for startups, founder HR, termination documentation, Bill Kasko, employee management, startup culture
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179 Why Your Team Keeps Dropping the Ball (It's Not Them) with Chaz Wolfe
You handed it off. They dropped it. But what if the problem wasn't their execution?In this episode, Chaz Wolfe, founder of Gathering the Kings Masterminds, breaks down the difference between delegation and abdication. He's built and sold multiple seven-figure companies and interviewed over 400 entrepreneurs, and his take on why most founders fail at delegation hits different. The issue isn't finding reliable people. It's how we hand things off in the first place.We dig into the identity trap that keeps founders stuck doing work someone else could own. We explore why transferring outcomes instead of tasks changes everything. And we get tactical about what people actually need to succeed when you hand them something important: vision, success criteria, resources, and tracking.If delegation feels like adding work instead of removing it, this conversation will reframe how you think about building a team that runs without you.Keywords: delegation for founders, how to delegate effectively, outcome-based delegation, working on vs in business, founder time management, team accountability, Chaz Wolfe, Gathering the Kings
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174
178 What Founders Actually Want When Hiring with Anthony, Chris, Stephanie
Why do the least qualified candidates keep getting hired at the best startups?Wistia's founders learned their best hires weren't credentialed specialists. They were self-starters who had built something on their own without anyone asking. In this episode we break down what startup founders are really evaluating when they hire, and it's not what job boards train you for. We cover what you're actually signing up for when you join an early-stage company, how to position yourself so the founder sees you as someone who takes work off their plate instead of adding to it, and why getting in sideways through people and presence beats applying through job boards. Whether you're aiming for your first startup role or leaving corporate to join something earlier-stage, this conversation reframes the search.Keywords: startup jobs, getting hired at a startup, founder hiring, early-stage careers, startup recruitment, job search, Anthony Franco, Chris Franks, Stephanie Hayes, How To Founder
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177 Why Your Three Sets of Financials Are Killing Your Fundraising
What if the secret to raising capital isn't learning complex financial models, but building the same daily discipline that kept a restaurant owner alive on two weeks of cash reserves?In this episode, we sit down with Heidi Knoblauch, who built Plum Oyster Bar, managed $180 million in venture funds, and now helps founders develop the financial instincts they need to succeed. Discover why most founders maintain three different sets of financials (and why that's killing their fundraising chances), how to build a data room that actually works, and the counterintuitive truth about investor hygiene that starts long before you need investors.Heidi breaks down the venture readiness framework: creating a data room that lives in the cloud, practicing investor hygiene through monthly stakeholder updates, and doing the honest math on fundraising (if you need twenty yeses, you're talking to two hundred people). But here's what most founders miss: the easiest way to get capital into your company might not be fundraising at all.This is the financial literacy conversation founders actually need—not theory, but the daily practices that separate operators who raise money from those who just talk about it.Keywords: financial literacy, fundraising, data room, investor relations, venture capital, startup finance, financial discipline, Heidi Knoblauch
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172
176 Your Most Profitable Month Is Your Most Dangerous
Your most profitable month might be your most dangerous. In 2015, Crumbs Bake Shop reported record revenue while filing for bankruptcy. Thirty locations. Profitable on paper. Couldn't make the next lease payment. The P&L lied. The bank account didn't.In this episode, serial entrepreneur Colin Sanburg reveals the four "cash monsters" that devour businesses while founders celebrate paper profits. He breaks down why standard financial statements fail founders, how forecasting builds strategic intention rather than just prediction, and why the five-line P&L cuts through complexity. Colin shares hard-won lessons from two decades of building, buying, and turning around businesses, including his own early-career turnaround where brutal honesty about reality made the difference between survival and collapse.Whether you're struggling to understand why profit doesn't match your bank balance or preparing your business for eventual exit, this conversation reframes how founders should think about cash, valuation, and financial literacy.Keywords: cash flow management, profit vs cash, financial statements for founders, business turnaround, Colin Sanburg, FinElevate, startup finances, forecasting, business valuation, entrepreneurship
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175 The Human Side of Layoffs Every Founder Dreads with Anthony, Chris, Stephanie
What do you owe someone in the thirty seconds after you've just ended their career?Most founders prepare the spreadsheet, rehearse the legal script, and completely miss what actually matters: sitting across from someone whose identity is tied to a job that no longer exists. In this episode, Anthony, Chris, and Stephanie share their personal experiences on both sides of layoffs, the mistakes that make a hard conversation cruel, and the approaches that have employees coming back the next day with flowers.They break down the timing calculus that founders get wrong, why stoicism becomes cruelty in this moment, and what the remaining team needs to hear immediately after. This isn't the business mechanics. It's the human experience of delivering the worst news of someone's week, and leading through it.Keywords: layoffs, founder leadership, firing employees, team management, startup challenges, difficult conversations, employee termination, leadership skills, company restructuring, entrepreneurship
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170
174 The IPO Readiness Checklist Most Founders Skip with Aman Verjee
What if your "growth" is actually a liability in an audit?In this eye-opening episode, we sit down with former eBay and Sonos CFO Aman Verjee to demystify the brutal reality of going public. Most founders treat an IPO as an exit, but Aman reveals why it’s actually the start of a punishing new journey requiring a complete architectural overhaul. Discover the "invisible infrastructure" public companies possess that yours likely doesn't, why ARR is a banned term in SEC filings, and the lethal mistake mid-market companies make that cuts their valuation in half during due diligence. Whether you're aiming for the NASDAQ buzzer or looking for secondary market liquidity without the public overhead, this episode provides the high-stakes roadmap for building a durable, audit-proof business.Keywords: IPO readiness, Aman Verjee, revenue recognition, secondary markets, public company CFO, growth capital, exit strategy
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169
173 Why Your Safest Hire Might Be Your Riskiest Bet
What if the candidate with the perfect resume is actually your worst option?Most founders default to experience when hiring. It feels safe. But that ten-year veteran from a Fortune 500 company has been trained to operate inside systems you don't have—and may never build. They expect structure, support, and clear swim lanes. Your startup offers chaos, ambiguity, and problems that don't fit job descriptions.In this episode, we dig into the experience-versus-potential debate, exploring when credentials matter, when they backfire, and how AI is reshaping the calculus entirely. You'll learn why Wade Foster built Zapier to 600 employees without an HR department, why sales might be the last role you should hire for experience, and the two traits that predict startup success better than any resume line.Whether you're making your first hire or your fiftieth, this conversation will change how you evaluate candidates.Keywords: hiring for potential, startup hiring, experience vs potential, hiring mistakes, founder hiring tips, early stage hiring, startup recruiting, building teams
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168
172 Your Org Chart Is a System with Todd Hagopian
What if your org chart is actually lying to you?Those neat boxes and reporting lines suggest work flows predictably from one function to the next. But watch what happens when a customer complaint lands. It bounces between departments while everyone optimizes for their own metrics. The customer waits. The system fails.In this episode, we sit down with Todd Hagopian, author of The Unfair Advantage, to explore why treating your organization as a system changes everything. Todd breaks down how silos form from good intentions, why decision rights matter more than reporting structures, and how small companies can use tools like RACI charts before problems emerge rather than after. You'll learn why your best performer might be your biggest liability, how to follow the "deer trails" your team has already created, and why adding resources is almost never the answer to a dragging function.Whether you're building your first team or untangling years of accumulated confusion, this conversation will reshape how you think about organizational design.Keywords: org chart design, systems thinking, organizational structure, RACI framework, decision making, silos, team structure, Todd Hagopian, business systems, operational efficiency
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167
171 Why Marketing and Sales Fight (And How to Stop It) with Jon Ferrara
Your marketing team hit their numbers. Your sales team says the leads are trash. Both are right, and that's the structural failure you built.In this episode, Jon Ferrara, founder of Goldmine and Nimble, reveals why the marketing-sales war isn't a people problem. It's a compensation problem. Marketing gets bonused on MQLs. Sales gets bonused on closed deals. The gap between those metrics is a war zone you funded.Jon spent three decades watching companies accidentally design their marketing and sales teams to fight each other. He shares the structural fixes that actually work: replacing MQLs with sales-accepted leads, aligning everyone on a single metric, and building response time accountability that turns dead leads into closed deals. You'll learn why most CRMs are built for management instead of relationships, and how to create a single source of truth that ends the turf wars.Keywords: marketing sales alignment, CRM strategy, lead management, sales accepted leads, revenue operations, marketing qualified leads, sales team structure, Jon Ferrara, Nimble CRM, Goldmine
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166
170 The Decisions You're Avoiding Are Costing You Everything with Anthony, Chris, Stephanie
You've known for months. The employee who was great in year one but can't grow with the company. The customer who's been with you since the beginning but costs more to serve than they pay. The prices you set when you were desperate that no longer make sense.You know what you should do. But knowing isn't the hard part.The hard part is that you actually care about these people. You remember when they believed in you before anyone else did. You've been to their kids' birthday parties. And now leadership requires you to make a call that will hurt them.This is the crucible where founders either become leaders or stay nice people running struggling companies. Because here's what nobody tells you: the inability to make hard decisions isn't kindness. It's a form of selfishness that protects your comfort while everyone else pays the price.Today, Anthony, Chris, and Stephanie dig into the decisions you've been avoiding, the real cost of delay, and how to make hard calls without losing your humanity.
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165
169 The CEO Job Changes Every Time Your Company Doubles with Anthony, Chris, Stephanie
What if the skills that made you successful are now holding your company back?Rand Fishkin built Moz to 150 employees before admitting he'd become the company's biggest bottleneck. His mistake wasn't incompetence. He kept doing the job that worked at fifteen people.In this episode, we map the specific shifts required at each growth milestone. What behaviors to abandon. What new muscles to build. Why the ceiling you're hitting isn't about your team or your market. It's about a version of yourself that's overstayed its welcome.We cover the brutal transition at ten employees when tribal knowledge dies, why founders retreat to operator mode when anxiety spikes, how to find people who will actually tell you the truth, and the uncomfortable reality that every growth stage demands you fire yourself from jobs you're good at.This isn't theory. It's the playbook for founders who refuse to be the reason their company stalls.Keywords: CEO evolution, founder growth, leadership transitions, scaling yourself, company growth stages, self-awareness, delegation, entrepreneurship, startup leadership, founder bottleneck
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164
168 Stop Chasing Leads That Were Never Going to Buy with Dr. Deepak Bhootra
Your pipeline is lying to you.A sales coach tracked a client's team for ninety days and found forty percent of their pipeline would never close. Those zombie deals weren't just dead weight. They were stealing attention from the fifteen percent that could actually convert.Most founders treat every lead like a lottery ticket, terrified that the one they disqualify might have been the big win. So they chase. They follow up. They discount. They negotiate with people who were never going to buy. Meanwhile, the real buyers get the same watered-down attention as the tire-kickers.Dr. Deepak Bhootra spent three decades in B2B sales across four countries watching this pattern destroy pipelines. His counterintuitive insight: the fastest path to higher revenue is saying no more often, earlier, and without apology. This episode breaks down the specific signals that should trigger immediate disqualification, how to structure conversations so prospects reveal their true intent in the first five minutes, and why the fear of walking away is costing you more than any lost deal ever could.Keywords: lead qualification, sales pipeline, B2B sales, disqualifying leads, sales discovery, founder sales, qualifying prospects, sales coaching, pipeline management, closing deals
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163
167 The Solo Founder Path: When NOT To Have Employees with Anthony, Chris, Stephanie
You're staring at the decision: hire your first person or stay solo. Everyone says you need a team to scale. But what if they're wrong?Jason Cohen ran SmartBear Software solo at seven figures and turned down acquisitions because staying solo was his competitive advantage. This episode isn't about choosing the "right" path—it's about understanding you're choosing between two different games. Solo gives you freedom, speed, and full control. Teams give you leverage, collaboration, and the ability to build beyond yourself. Both can win. But you can't play both games at once. We break down the real trade-offs, the systems solo founders need to scale, why the worst hire is your first one done too early, and how to know which ceiling you're actually optimizing for. This is permission to choose your constraint consciously.Keywords: solo founder, hiring decisions, business models, founder constraints, scaling strategies, team building, entrepreneurship trade-offs, founder freedom, growth decisions
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162
166 Authority Over Consensus with Blima Ehrentreu
What if your alignment meetings are just expensive procrastination?Jared Christopher built Yellowfin BI's sales team to 340% revenue growth in two years without a single alignment meeting. Each regional director had complete authority with one rule: defend your decisions with data. While competitors held stakeholder sessions, Yellowfin shipped.In this episode, Blima Ehrentreu, founder and CEO of The Designers Group, breaks down the difference between collaboration and consensus, why transparency has limits, and how to create psychological safety without sacrificing decision velocity. You'll learn when to gather input, when to make the call, and how to build values into your hiring process instead of your wall.If you're stuck in meeting hell or wondering why your team feels slow, this episode will show you how to move faster without burning trust.Keywords: decision-making, team alignment, psychological safety, startup leadership, company culture, decision velocity, team management, founder advice
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165 The Compensation Model That Eliminates Micromanagement
What if paying people to show up is the problem?Joey Rockey has built 29 businesses, with 25 now running without him. His secret isn't better delegation or time management. It's designing businesses where employees get paid for results, not hours. Hotel housekeepers who finish by noon and earn more than hourly workers. Marketing teams compensated per customer acquired who iterate in real time. Line cooks paid on attendance and quality ratings who batch tasks for efficiency.This episode breaks down how to structure every role for performance-based pay, why it filters for the right people during hiring, and how it eliminates the micromanagement trap that keeps founders stuck. Discover why most businesses fail to run independently, what changes when you stop rewarding time, and how to build systems that work better when you're not there.Keywords: commission-based compensation, performance pay, business automation, building sellable businesses, eliminating micromanagement, founder independence, systems design, hiring for results
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160
164 Stop Paying the Premature Manager Tax with Anthony, Chris, Stephanie
Most founders think organizational design is something you do once you're big. Wrong.Your company already has structure. Communication patterns exist. Informal networks formed the day your second employee started. The only question is whether you designed it or it designed itself. Chris and Stephanie break down when structure helps versus when it kills momentum. They explore why startups fail by copying big company org charts, what happens when you hire managers too early, and how to build around accountabilities instead of people. Learn why flat hierarchies create bottlenecks, how to map the real communication patterns in your business, and when teams beat departments.If you're adding your third employee or your thirtieth, you're doing organizational design whether you realize it or not.Keywords: organizational design, startup structure, team building, management hierarchy, accountability framework, communication patterns, business growth, org chart design, flat hierarchy
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159
163 Why Founders Fear The Psychology That Actually Closes Deals with Wes Schaeffer
What if the most unethical thing you do in sales is refuse to apply pressure?Most founders avoid psychological triggers in sales because they feel manipulative. The result? Prospects drown in information, freeze in indecision, and walk away from solutions they genuinely need. The discomfort founders avoid creating is often the service prospects desperately require.In this episode, Wes Schaeffer, known as "The Sales Whisperer," breaks down why the old information advantage is dead. Buyers now arrive with hours of research and paralysis to match. The modern salesperson's job isn't delivering information. It's helping people make decisions by asking questions they haven't rehearsed and matching how they sell to how prospects actually buy.You'll learn why bad scripts give all scripts a bad name, how to break prospects out of their defensive armor, and why humanity might be the next killer app in an increasingly automated world.Keywords: sales psychology, psychological triggers, closing sales, sales training, founder sales, Wes Schaeffer, Sales Whisperer, buyer psychology, decision making, sales techniques
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158
162 Why Your First Follower Believes in Themselves, Not You
What transforms a lone visionary into the leader of a movement?In this episode, Chris and Anthony unpack the first follower principle and reveal what early believers are actually buying when they choose to follow you. Spoiler: it's not your product, your pitch, or even your vision. It's the identity upgrade they get from being first.You'll discover why Infusionsoft's early customers weren't buying software but buying proof they were "real marketers." You'll learn the difference between the Forrest Gump approach to building followers (just be so visionary people show up) and the tactical approach (manufacture the movement), and why neither works alone. And you'll understand why authenticity isn't optional: manufactured personas collapse when flaws surface, while honest vulnerability creates durable followings.Whether you're trying to attract your first customer, your first investor, or your first employee, this episode reveals what makes someone genuinely followable.
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161 Turning Customers Into Your Best Sales Team with Brandon Barnum
Eighty-four percent of B2B sales start with a referral—so why are most founders still waiting for them to happen naturally?In this episode, Brandon Barnum, CEO of HOA.com and author of Raving Referrals, reveals the system that turns referrals from occasional windfalls into predictable pipeline. Discover why asking for referrals at the beginning of a relationship (not the end) changes everything, how to automate referral requests so they happen without you remembering, and why seventy-nine percent of business owners have virtually zero strategic referral partners—and how to build a network that actively fills your calendar. This is the infrastructure that replaces cold outreach with warm introductions.Keywords: referrals, B2B sales, referral partnerships, sales process, Brandon Barnum, business development, lead generation, sales strategy
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156
160 The Hidden Psychology Sabotaging Your Startup Growth with Anthony, Chris and Steph
What if everything you've been told about burnout is wrong?In this raw and revealing episode, hosts Anthony Franco, Chris Franks, and Stephanie Hayes dismantle the traditional definition of founder burnout. It’s not just about working too hard—it’s about a dangerous misalignment between your energy and your vision. Discover why "rest" might be the wrong prescription, how the "Practitioner's Paradox" is secretly capping your revenue, and why being a strategic underachiever might be the smartest move you can make. The team shares personal battles with the "overcommitment trap" and reveals the counterintuitive mental hygiene habits that keep successful founders in the game.Keywords: founder burnout, startup psychology, mental health for entrepreneurs, scaling challenges, business strategy, productivity myths, leadership alignment, Anthony Franco, Chris Franks, Stephanie Hayes
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155
159 When Debt Beats Equity (And Why Most Founders Get This Wrong)
What if that "non-dilutive capital" just put your house on the line?Most founders think equity is their only option, but 73% of businesses seeking financing actually apply for loans. The gap isn't about availability—it's about understanding what you're signing up for. In this episode, we break down SBA loans, personal guarantees, convertible debt, factoring, and the brutal truth about when debt accelerates your business versus when it destroys everything you've built. Discover why your EBITDA matters more than your assets, how customers can be your best source of capital, and the one question every founder must ask before signing a personal guarantee. This is the financing conversation nobody had with you before you needed it.Keywords: debt financing, equity financing, SBA loans, personal guarantee, startup funding, convertible debt, factoring, business loans, EBITDA, founder advice
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158 Turn Cold Emails Into Warm Conversations with Lirone Glickman
Why do some founders get replies from total strangers while your emails get ignored?Research from Boomerang analyzed five million emails and found messages between fifty and one hundred twenty-five words get the highest response rates. Yet most founders either write novels or fire off three-sentence pitches. When one founder launched his SaaS product, he built his early customer base through cold email by spending thirty minutes researching each recipient before writing a single word. That investment in understanding inbox psychology turned strangers into allies who wanted to help.In this episode, globally recognized networking expert Lirone Glickman breaks down the exact four-line structure that turns cold emails into conversations, the know-like-trust sequence that warms relationships before you ask for anything, and why ending with a question mark instead of a period increases response rates by twenty percent. Discover the mindset shift that makes outreach feel less like begging and more like offering value, plus the common mistakes that guarantee your email gets deleted.Keywords: cold email strategies, networking tips, business outreach, email response rates, Lirone Glickman, founder networking, relationship building, sales outreach
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ABOUT THIS SHOW
Founders are pioneers of economic prosperity. We equip them for the journey.Think you know the real story of entrepreneurship? Think again. "How to Founder" dives headfirst into the messy, often unspoken realities of building a business. We're not here for the typical success stories; we're challenging conventional wisdom, tackling tough topics, and giving you the unfiltered truth about what it actually takes to succeed. If you're ready to move beyond the status quo and are looking for a podcast that's as ambitious as you are, subscribe now. It's time to rewrite the rules and build your own
HOSTED BY
Anthony Franco
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