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The Bootstrapped Founder - 233: Entrepreneurship isn't genetic. It’s memetic.
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233: Entrepreneurship isn't genetic. It’s memetic.

The Bootstrapped Founder

07/14/23

15m

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Are entrepreneurs born or made? Find out as we explore the profound impact of nature and nurture on the development of an entrepreneurial spirit. Discover how family stories, socioeconomic status, and exposure to diverse narratives shape your perspectives and behaviors. Uncover what it takes to become a successful entrepreneur in the digital age.

The blog post: https://thebootstrappedfounder.com/entrepreneurship-isnt-genetic-its-memetic/

The podcast episode: https://share.transistor.fm/s/f85b818b

The video: https://youtu.be/vm4c4KQSKu0

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find your Following: https://findyourfollowing.com

Find me on Twitter: https://twitter.com/arvidkahl/

This episode is sponsored by Acquire.com

Previous Episode

Andrew McIntosh is a first-gen entrepreneur. And so am I. And we both needed help along the way. From building a sustainable and inclusive community for first-gen entrepreneurs to discussing the power of business coaching and growth mindset, you'll gain valuable insights into the world of entrepreneurship without a safety net. Learn from a successful underdog's story and get inspired to take your own entrepreneurial journey to the next level. No matter what your parents say.

Andrew on Twitter: https://twitter.com/andrew_drives

The blog post: https://thebootstrappedfounder.com/andrew-mcintosh-first-generation-entrepreneurs/

The podcast episode: https://share.transistor.fm/s/e49eaaa6

The video: https://youtu.be/Iez5Qcz6JOs

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find Your Following: https://findyourfollowing.com

This episode is sponsored by Acquire.com! Go to http://try.acquire.com/arvid/ to get started with making sure you run a sellable business.

  • (00:00) - Introduction
  • (02:08) - Learning by doing by making mistakes.
  • (06:04) - The importance of having a support network.
  • (10:43) - Entrepreneurship is a rollercoaster.
  • (14:07) - Have you always been crazy or is this a new development?
  • (20:41) - Coaching vs. coaching.
  • (24:28) - Building a digital community that is asynchronous.
  • (28:19) - Community building and accountability in business.
  • (32:47) - Entrepreneurship starts with a community.
  • (37:35) - Share your wins and losses.
  • (42:20) - Entrepreneurship as a vehicle for freedom.
  • (49:35) - Getting people to the point where they graduate.
  • (52:41) - The importance of sharing your story and building a community.

Next Episode

Are you a bootstrapper who's never considered raising investment money? Or maybe you're a die-hard VC-funded growth hacker who can't imagine running a business without that extra cash infusion. Either way, Jason Cohen's journey from bootstrapping to raising millions will give you a fresh perspective on the funding debate.

Jason discusses his personal discovery of wanting a different journey with WP Engine, which led to raising money after two years of bootstrapping. We also uncover the importance of understanding your competitors instead of demonizing them, in order to develop a unique strategy for your own business.

Jason has seen and done a lot as a founder. No matter what stage of this journey you’re on, you will learn something today.

00:00:00 Introduction
00:01:27 Raising money for bootstrapped companies.
00:09:16 When is it bad to sell your business?
00:15:31 The problem with self-imposed ignorance.
00:19:11 Founder mental health issues
00:23:04 How to hire people who are better than you.
00:27:26 The importance of having a consistent strategy.
00:31:20 The reality distortion field of a software business.
00:34:59 Do you ever consider building a solopreneur business again?
00:40:37 Do you ever consider not being a founder anymore?
00:45:12 The value of building a public network.
00:54:12 The importance of building public.
01:01:03 The importance of social media.

Jason on Twitter: @asmartbear

The blog post: https://thebootstrappedfounder.com/jason-cohen-two-exits-two-unicorns/

The podcast episode: https://share.transistor.fm/s/b349aec5

The video: https://youtu.be/fMniLsLl5nc

You'll find my weekly article on my blog: https://thebootstrappedfounder.com

Podcast: https://thebootstrappedfounder.com/podcast

Newsletter: https://thebootstrappedfounder.com/newsletter

My book Zero to Sold: https://zerotosold.com/

My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/

My course Find Your Following: https://findyourfollowing.com

This episode is sponsored by Acquire.com! Go to http://try.acquire.com/arvid/ to get started with making sure you run a sellable business.

  • (00:00) - Introduction
  • (01:27) - Raising money for bootstrapped companies.
  • (09:16) - When is it bad to sell your business?
  • (15:31) - The problem with self-imposed ignorance.
  • (19:11) - Founder mental health issues
  • (23:04) - How to hire people who are better than you.
  • (27:26) - The importance of having a consistent strategy.
  • (31:20) - The reality distortion field of a software business.
  • (34:59) - Do you ever consider building a solopreneur business again?
  • (40:37) - Do you ever consider not being a founder anymore?
  • (45:12) - The value of building a public network.
  • (54:12) - The importance of building public.
  • (01:01:03) - The importance of social media.

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