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Atmrix

About

DR

Danae Ringelmann

05/06/17

@ Y Combinator

Know why you're starting a company and what problem you're trying to solve; if your reason isn't authentic, your chances of failure increase significantly.

Video

YC

Know Why You're Starting a Company - Danae Ringelmann of Indiegogo

@ Y Combinator

Know Why You're Starting a Company - Danae Ringelmann of Indiegogo

05/06/17

Related Takeaways

DR

Danae Ringelmann

10/15/14

@ Y Combinator

Knowing your 'why' is crucial; it defines the problem you're solving and keeps you authentic, which is essential for success.

GT

Garry Tan

06/08/23

@ Y Combinator

You need a unique approach or reason why your startup will succeed, whether it's technology, customer relationships, or market understanding.

YC

Y Combinator Cast

08/18/23

@ Y Combinator

The purpose of your startup is to solve real problems, not just to raise money or gain status. Stay focused on creating value for your customers.

MS

Michael Seibel

08/17/19

@ Y Combinator

First-time founders often make the mistake of solving problems they don't care about, which can lead to a loss of motivation and ultimately failure.

YC

Y Combinator Cast

01/13/21

@ Y Combinator

Start with introspection to understand why you personally want to make this business work and whether it feels authentic to who you are.

JH

Jensen Huang

06/24/11

@ Stanford Online

You should start a company because you believe in your idea and are passionate about it, not just for the money.

DR

Danae Ringelmann

05/06/17

@ Y Combinator

Your 'why' will help you endure the tough times in entrepreneurship; without a powerful reason, you may not stick it out.

DR

Danae Ringelmann

10/15/14

@ Y Combinator

If your 'why' isn't powerful and meaningful to you, you won't endure the hardships of entrepreneurship, which can be incredibly difficult.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

When starting a company, it's crucial to validate your idea rigorously rather than relying on superficial methods like cold emailing a large number of people.