The 3 Worst Pieces of Startup Advice (And What to Do Instead) cover art

The 3 Worst Pieces of Startup Advice (And What to Do Instead)

The 3 Worst Pieces of Startup Advice (And What to Do Instead)

Listen for free

View show details

About this listen

"Follow your passion." "Raise as much money as you can." "Fail fast." These three pieces of startup advice sound inspiring—until they destroy your company. In this myth-busting episode, we tackle the most dangerous conventional wisdom in entrepreneurship and reveal why the advice that sounds best is often the advice that hurts most.

The truth? Passion doesn't create successful businesses—solving real market problems does. Passion often develops after you've achieved success, not before. Raising maximum capital early doesn't give you runway—it dilutes your equity, reduces future profits, and can actually slow you down by removing the healthy constraints that force creativity. And "fail fast"? Too often it becomes an excuse for poor execution rather than a framework for learning. Many of the world's most successful companies bootstrapped their way to profitability without raising a dime, proving that capital isn't the answer to every problem.

Whether you're about to quit your job to "follow your passion" or drafting that pitch deck to raise your Series A, this episode will make you think twice. We don't just tear down bad advice — we give you the context-dependent, uncomfortable, unglamorous alternatives that actually work. Because good advice rarely fits into catchy phrases, and the best entrepreneurial decisions require critical thinking, not slogans.

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.