Sitemaps
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
Why do Founders Suck at Asking for Help?
The Value of Actually Getting Paid
Will Investors Bail Me Out?
Is the Problem the Player or the Coach?
Do People Really Want Me to Succeed?
You Only Think You Work Hard
SMALL is the New Big — Embracing Efficiency in the Age of AI
The 9 Best Growth Agencies for Startups
Never Share Your Net Worth
This is BOOTSTRAPPED — 3 Strategies to Build Your Startup Without Funding
The Ridiculous Spectrum of Investor Feedback
$10K Per Month isn't Just Revenue — It's Life Support
Why do VCs Keep Giving Failed Founders Money?
If It Makes Money, It Makes Sense
The Hidden Treasure of Failed Startups
My Competitor Got Funded — Am I Screwed?
Why Having Zero Experience is a Huge Asset
How About a Startup that Just Makes Money?
How to Recruit a Rockstar Advisor
Risk it All vs Steady Paycheck
A Steady Hand in the Middle of the Storm
How to Pick the Wrong Co-Founder
Staying Small While Going Big
Why I'm Either Working or Feeling Guilty
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
Why Can't Founders Replace Themselves?
Who am I Really Competing Against?
Investors are NOT on Our Side of the Table
Plan for Bad Times, Budget in Good Times
Demo Article
When a $40m Exit is More Than a $200m Exit
Don't Fear the Reaper: AI Edition
Don't Let Investors Become Your Customer
We Can't Stay Out Of The Game For Too Long
What if Our Dreams Are an Illusion?
What if this isn't a "Big Business"?
Founders, Not All Problems Are Apocalyptic
Stop Listening to Investors
Can You Build a Startup in Less than 40 Hours per Week?
Unlocking the Power of a Startup Community
Strategies to Effectively Raise Capital for Your Startup Business
Are Bootstrapped Startups Less Valuable?
Why Founders Don't Ask for Help
Where to Find Startup Mentors to Take Your Business to the Next Level in 2023
What Is a Venture Capitalist and How Do They Work?
What Is an Entrepreneur? A 2023 Guide to Starting Your Own Business
A Guide to Different Stages of Funding for Startups
Time is Our Greatest Asset
The Toll of Everyone Around a Founder
Big Starts Breed False Victories
Once a Founder, Always a Founder
The Invention of the 20-Something-Year-Old Founder
When is Founder Ego Too Much?
Founder Impostor Syndrome Never Goes Away
Always Take Money off the Table
Should I Feel Guilty for Failing?
The Case Against Full Transparency
Why Do We Still Have Full-Time Employees?
This is Probably Your Last Success
How Many Deaths Can a Startup Survive?
How Should I Share My Wealth with Family?
Why Do VC Funded Startups Love "Fake Growth?"
Living the Founder Legend Isn't so Fun
Youth Entrepreneurship: Can Middle Schoolers be Founders?
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?
20 Best Kinds of Startups for 2023
Series A Funding Rounds
6 Similarities between Startup Founders and Pro Athletes
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
Startup Growth Challenges: The Downfall of Becoming Internally Focused
Analyzing Startup Accounting Results

How to Build a Culture of "I'm Wrong"

Wil Schroter

How to Build a Culture of "I'm Wrong"

The only guarantee as a startup Founder is that we are going to be wrong — all the time.

Like, really, really wrong. We're going to be wrong about who we hire, what product decisions we make... hell, our entire startup idea is going to be a steaming pile of dung.

But guess what? That's OK.

Where we blow this up for ourselves is thinking that we have to have the right answer for every aspect of our startup. Of course, we want to get to the right answer, but the likelihood that we're going to "know it" from scratch is pretty much zero. Even if we do, we just got lucky.

The Business Idea is Wrong

Somehow we've built this mythology that great Founders have these "stroke of genius" ideas right out of the gates, and all they do from there is just work on that idea into its billion-dollar destiny.

That couldn't possibly be more wrong. All startup ideas suck at first, and not because the Founders are awful (we may also find that out later too..) but because the only way to refine them is to actually get them into the world.

Instead of asking "Is this a good idea?" we should be asking "What can I test next to make this the right idea?" We should be focused on the action of progress, not silly second guessing.

The Hires are Wrong

Established companies have tons of people that are there because over enough time someone has figured out who's reasonably competent enough to keep the job. We just started this thing 5 minutes ago — there's no possible way we're going to know who the perfect hires are.

So we have to compress some time. We have to make lots and lots and lots of hires to quickly find out who the good ones are. Which of course means we also have to part company with a ton of people very quickly!

We can sit around and try to pretend we know exactly who to hire or how they will perform, but it's not going to happen. We're building a product that has never existed, with a team that just got here with systems that we're making up as we go. There's zero chance we're going to know exactly who's a fit for this clustermuck.

Marketing is Wrong

We'd love to think we could kick off our marketing on exactly the right channels that will yield the perfect ROI. But how would we know what those are exactly? We don't. As a guy who watched clients burn through billions of dollars of ad spend in my first company (ad agency) I can tell you — it's shoot and pray.

That's not because we're not trying to make informed decisions; it's because we need to test channels long enough to figure out what works. Not to mention most channels that could work actually don't work the first 10 times we try because we don't have all the pieces right yet (placement, offer, and product).

Let's Build a "Culture of Wrong"

A long time ago when I was forming Startups.com I finally stepped back and said "You know what, I'm going to do this one differently. I'm going to go into everything with "I'm probably wrong..." and be OK with that. It was the best decision I ever made for our culture.

That's because we're not in the business of fortune telling, we're in the business of turning the future into the present through an unreasonable persistence of tiny edits. That mentality is something we need to not only bake into our own minds but into the entire fabric of our culture and everyone in it.

When we all start off with "wrong," we're all aligned on getting to "right."

In Case You Missed It

How Do I Design My Startup Around My Life? There’s very little preventing us from designing our startups around our life goals. It starts with us being very clear about what we want to achieve and then taking clear, small steps toward those outcomes.

How Much Should I Be Working? (podcast) While there's truth to the assumption that more hours equal more growth, we'll explore how it benefits to think quality and not quantity when it comes to your weekly punch card.

Many Startups Shut Down a Few Times Before Succeeding Most startups are not overnight successes. In fact, many of them have to shut down (sometimes more than once) to build back up to the success they eventually achieve.

Find this article helpful?

This is just a small sample! Register to unlock our in-depth courses, hundreds of video courses, and a library of playbooks and articles to grow your startup fast. Let us Let us show you!

Submission confirms agreement to our Terms of Service and Privacy Policy.

Already a member? Login

No comments yet.

Register to join the discussion.

Already a member? Login

Create Free Account