Today on The Startup Chat, Steli and Hiten talk about how even seasoned founders can feel like first-time founders.
Starting a new company can be scary. It doesn’t matter if it’s your first company or you’re started a couple in the past, you never know if your new venture is going to be successful or not, and this can cause us to feel insecure or scared
In today’s episode of the show, Steli and Hiten talk about how starting something new can be exciting, Hiten’s experience with starting companies, what to spend your time on when you’re starting something and much more.
Time Stamped Show Notes:
02:15 About today’s topic
02:45 Why this topic was chosen.
04:29 How starting something new can be exciting.
05:31 Hiten’s experience with starting companies.
06:33 How Hiten handles pressure and insecurities.
07:25 Questions to ask yourself if you’re feeling insecure.
08:31 How starting a new company can be a totally new experience.
10:37 The danger of spending too much time on things that are comfortable.
11:38 Advice on what to spend your time on when you’re starting something.
3 Key Points:
When you start something new, you don’t know anything.There’s a lot of beauty in the feeling of starting something new.I can’t know right now if it’s going to be bigger or better than the last one.
Hiten Shah: ... If you're fearful of it, like you're just thinking about it in a way that makes you fearful, so you'd probably need to think about it a different way so you can just stop being paralyzed. Because usually fear paralyzes and then there is no momentum. So-
Steli Efti: Hey guys, this is Hiten Shah and Steli Efti with our awesome podcast, The World's Best Business Podcast, the startup chat. I don't know exactly what we finally decided on, but we're still kind of coming up with the best possible name. At this time I'm still in Europe traveling and Hiten is in a car driving to... Where are you driving to Hiten?
Hiten Shah: I'm actually on my way home.
Steli Efti: Oh, that's nice. That's awesome. So from where? From where are you driving home?
Hiten Shah: I came to San Francisco for a couple of meetings and now I'm going back home. I live in the peninsula, which is between San Francisco and Palo Alto, in the middle.
Steli Efti: Awesome. It's midnight right now here in Berlin. I had a very full day of conference talks, workshops, meet-and-greets, hiring interviews, and now I'm at the peak of my day which is having the podcast with you before I walk my way over to the other apartment and hit the bed, hit the pillow.
Hiten Shah: That's awesome. So I'm assuming you guys have one apartment to work, one apartment to sleep-
Steli Efti: Exactly right.
Hiten Shah: ... And all that?
Steli Efti: Yeah. Exactly right.
Hiten Shah: Oh that's cool.
Steli Efti: And you know what, today they did a big thing in Berlin they call Startup SAFARI where they do open offices of all the startups and everybody that wants to work at a startup can just go. They bus these people from startup office to startup office. And we got included in that. So people came in, arrived at our Airbnb apartment. So a Silicon Valley startup working in a Berlin Airbnb loft.
Hiten Shah: They must have loved it. That's awesome.
Steli Efti: It was a lot of fun. People definitely had fun and we did so too. All right. What are we going to talk about today, Hiten? What do we want to talk about?
Hiten Shah: Yeah, this is my topic, I guess, maybe. So I have this thing where, I have a friend and I was just hanging out with them on the weekend which ...