Idea to Startup – Details, episodes & analysis

Today, we'll start a startup live on the pod. A listener wrote in with an idea in the shifting healthcare space and we pursue it over the next few episodes. We start from square one, digging into what's actually valuable about the idea with the 90% Wrong Principle, using the Four Question framework to pull out assumptions, and finally judging the viability of early customers with the Committed vs. Interested Test. It's a fun start to a series where we'll build a business in real-time. 

• 90% Wrong
• How to Live an Asymmetric Life
• Tacklebox
• Idea to Startup Newsletter
• Idea to Startup Bot 

00:25 Intro - Starting a Startup Idea Live
02:02 The Idea - Healthcare is changing
05:58 Smooth Jazz
06:30 90% Wrong
07:52 Scary and Hard
09:30 Worst First
10:51 The Four Story Questions
15:45 The Two hero’s
18:38 The End: I Hate Both Customers

Today we'll help you find and choose the right startup idea. We'll use a couple of frameworks to help you evaluate startup ideas you've got and find startup ideas other people miss. We talk through the Hard Startup Myth and The Hassle Premium, two mental models that'll make sure your next idea has legs. We'll also evaluate Tinder for Jobs and learn a lesson from the great Frank Prisinzano. 

• Byldd
• Tacklebox
• Frank's Crispy Egg video + instagram
• Personal MBA
   

00:27 Intro
01:35 Are All the Good Ideas Taken?
05:15 Byldd
06:22 Tinder for Jobs
11:30 Execution vs Customer Risk
12:30 Specific Knowledge and Leverage
13:04 The Hard Idea Myth + Frank Prisinzano
17:22 The Hassle Premium

Today, we dig into the Always Work and Never Work Lists - a method that'll help entrepreneurs make good decisions through the constant second guessing and self-doubt that a startup brings. We talk through examples from the lists and apply them to a moment Brian had to deal with recently. We get a little help from Goodfellas and Taylor Swift. 

• Tacklebox
• Idea to Startup Newsletter
• Idea to Startup Bot
• Anti-Hero - I stare directly at the sun but never in the mirror - (quietly a better version)
• Goodfellas

00:30 Intro
02:54 Is My Idea Actually Good?
04:13 Goodfellas
05:44 Smooth Jazz
06:11 Should I Stop Doing This Podcast?
08:24 The Process
08:55 The Three Prompts
12:20 The Things That Always + Never Work Lists
17:27 The Plan
18:58 You
19:57 People Over 30 Don’t Sprint

I meet far too many unhappy entrepreneurs. The whole point of this thing is to build a business that makes you happy. It needs to work, but it also can't make you miserable. Lots of entrepreneurs set themselves on a bad path from day one by ignoring critical early decisions. We talk through them today. And if you're not happy building what you're building, it's not too late. 

• Tacklebox

Today we'll help you sink your teeth into value. We'll help you understand what people will actually pay for, talk through a framework to ensure you're creating enough value to anchor a business, and look at examples of a few startups doing this well and poorly. There's also a magician. 

• Make $1,000 Today
• Tacklebox

This episode digs into how to reduce complexity and choose the right path through a mental model we call the river. You identify the dams that stop your customer and break them down, focusing on just them to bring focused, explainable, shareable value. Plus, the papaya. Which you'll have to listen to understand. 

• Tacklebox
• The River (Bruce Springsteen)

We've spent a ton of time recently on tactics and strategies. Today, we talk about how to build a group to make sure you're implementing them. Here's how to build a 4 person startup accountability group that'll meet weekly. We talk through who should be in the group, what you should focus on, and why it'll help. There's absolutely no better way to get started. 

• Tacklebox

Today we reflect on the three core characteristics our fastest growing startups shared. We break each down and talk through how to check for them and optimize for them. We also realize that startup ideas without these characteristics aren't worth your time to build. 

• Tacklebox
• Byldd
• Kunal Shah on The Knowledge Project

Today we think through an idea for an app that treats chronic pain. We'll use the Three Level system to figure out what we know, what we need to learn, and whether the business has enough potential for us to spend our time filling in the gaps. 

And, if you're a freelance designer, podcast producer, or in video production, and you're interested in working on and growing ITS, contact team@gettacklebox.com. 

• Tacklebox
• Miro

Today we'll talk about how early-stage entrepreneurs can get themselves unstuck. It's easy to get paralyzed when the things you do don't lead to the outcomes you want. The key is understanding that in the startup world, results and decisions don't always go hand in hand. Separating them and focusing on stacking good decisions while understanding that the results might be a lagging indicator is your best bet. That's hard to do. Today, we talk through it. 

• Tacklebox
• Alex Honnold Video