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Mike Krieger

03/26/25

@ EO

Entrepreneurs often feel obligated to continue with a failing project due to pressure from themselves or investors. It's essential to set concrete timelines or project goals to know when it's time to move on.

Video

30-Minute Masterclass on Product Thinking | Instagram Co-Founder & Anthropic CPO, Mike Krieger

@ EO

30-Minute Masterclass on Product Thinking | Instagram Co-Founder & Anthropic CPO, Mike Krieger

03/26/25

Related Takeaways

Mike Krieger

03/26/25

@ EO

As entrepreneurs, we often feel pressured to keep going because we think our investors expect us to, but sometimes it's okay to recognize when it's time to stop pursuing a venture.

Sam Altman

09/28/16

@ Y Combinator

Knowing when to give up on a project is challenging; most people quit too early, often before they see success.

Dalton Caldwell

08/30/19

@ Y Combinator

Founders often know when their idea isn't working but may try to maintain a facade of success; if you can't convince yourself, it's a good time to pivot.

Reid Hoffman

07/08/22

@ Greylock

Entrepreneurs should have a clear investment thesis that outlines their strategy and goals, as this clarity helps in recognizing when a pivot is necessary due to changing circumstances.

Y Combinator Cast

03/22/24

@ Y Combinator

It's important for founders to resist the urge to have a complete plan or exit strategy from the start, as many successful companies evolve beyond initial expectations.

Michael Seibel

05/07/22

@ Y Combinator

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.

Andrew Mason

10/15/14

@ Y Combinator

Most startups go through a phase where things aren't working, and those who quit often have rational reasons; it's the ones who stick around despite the chaos that can turn things into success.

Qasar Younis

05/15/25

@ Uncapped with Jack Altman

It's essential for founders to recognize when they might be pursuing the wrong path, similar to climbers on a mountain who need to be aware of their direction.

Dalton Caldwell

04/18/24

@ Lenny's Podcast

Founders often lose hope when they feel like they're failing, which can lead to giving up too soon.