Intro0:42 - Why Should I Start a Startup?2:00 - Three types of people: people highly motivated when working for themselves, people that could succeed starting a startup or within a big company, and people that could succeed within a big company.6:00 - How do you decide what type of person you are?7:30 - Identify bias in advice givers10:30 - Peer advice becomes less valuable during college14:40 - One Order of Operations for Starting a Startup15:40 - People aren’t taught how to find ideas17:20 - Find a particular problem that you’re passionate about20:55 - Find some friends and brainstorm a solution23:20 - Build an MVP25:55 - Two failed orders of operations for starting a startup29:57 - The Real Product Market Fit 30:57 - Why do many founders think they have product market fit when they don’t?35:42 - Building a successful company is not a single variable problem37:27 - Socialcam didn’t hit product market fit38:37 - Justin.tv had $1M in profit before reaching product market fit42:27 - Some companies take a long time42:55 - Users You Don’t Want44:25 - The spectrum of how users are using your product45:55 - Users that take a lot of customer support time48:50 - Don’t let the hijack users control the product roadmap49:31 - Why Does Your Company Deserve More Money?50:31 - A team, a product, and an office are all just a means to an end51:31 - If you don’t really deserve money, what is an alternate path to create leverage?53:16 - Breaking even at Justin.tv was a moment of infinite clarity55:31 - Series A program and leverage