Show notes
In today’s Startup Therapy Podcast, Wil and Ryan talk about imaginary debt. A lot of founders are tied to this idea that employees will commit the same level of sacrifice as they would for the company. And that people will appreciate what they do and stick around no matter what happens. But it’s all an illusion. No one can actually match a founder’s willingness to sacrifice everything for the Startup. Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources:Startup Therapy Podcasthttps://www.startups.com/beginJoin our Network of Top Founders Send an email to [email protected] What to Listen For00:00 Intro00:48 When you feel indebted to the people in your team06:26 Your team’s sacrifice is exponentially different from yours09:43 Everyone else is going to be looking out for themselves13:23 Founders find it difficult to get out of unhealthy situations17:26 There is a point at which feeling indebted has a limit20:28 No one actually takes care of the founders25:27 The endless “I can’t” that binds the founders 29:11 Creating your own phantom conversations30:09 You have zero right to expect that your sacrifices will be appreciated34:39 Massive loyalty dissolves when a better offer comes38:31 How to break free from the imaginary shackles