Episode #255: Rand Fishkin Returns to Talk the Hard Truth About Building a Startup

July 19, 2018
Startups and Entrepreneurship
Technology
Management and Leadership

Rand Fishkin is the founder of SparkToro and was previously cofounder of Moz and Inbound.org. He’s dedicated his professional life to helping people do better marketing through the Whiteboard Friday video series and his blog. If you feed him great pasta or great whisky, he’ll give you the cheat code to rank #1 on Google.

Long time listeners of Future Squared might remember Rand from episode #22, when we discussed content marketing for large organisations as well as more importantly perhaps, Australia's Sullivan’s Cove whisky. One thing we also touched on in that conversation was Rand’s tussle with depression and how he ultimately had to step down as the CEO of the company he founded.

While Rand has gone on to start another company, he hasn’t done so without coming to a number of confronting realisations about building a company that he has captured in his brand new book, Lost and Founder: A Painfully Honest Field Guide to the Startup World.

This book will form the basis of today’s conversation and with so much “Rah rah overnight success stories” out there, arguably polluting the public’s perception of startup life, it’s refreshing to read the take of a respected founder like Rand on the truth about building a company and how it’s not all unicorns and ping pong tables. Having read the book and found it very informative, I couldn’t wait to get linked up with Rand again, after more than 2 years, to dive in, so with that, I bring you the one and only Rand Fishkin!

In this episode we discussed:

  • Why startups don’t need venture capital to get going
  • Why founding a top 5% startup won’t necessarily make you rich
  • The benefits of starting with a service based business before building a product
  • The importance of values alignment in hiring and firing
  • How to keep your energy and enthusiasm levels high
  • Radical transparency
  • Hiring for diversity of what you can’t see, not just what you can
  • SparkToro

Show Notes:

Twitter: @randfish

Get his books on Amazon:

Rand’s new company: Sparktoro.com  

Open source funding document: sparktoro.com/blog/raised-a-very-unusual-round-of-funding-were-open-sourcing-our-docs/

Show Notes: www.linkedin.com/in/steveglaveski

Join Steve's mailing list at futuresquared.xyz/subscribe

Listen on iTunes @ goo.gl/sMnEa0

Listen on Spotify @ spoti.fi/2G2QsxV

Listen on Stitcher @ www.stitcher.com/podcast/future

Listen on Google Play @ bit.ly/FSGoog

If you've got any questions on this podcast feel free to send an email to steve@collectivecamp.us or tweet me on Twitter @steveglaveski or @future_squared

Follow me on Instagram: @thesteveglaveski

Like us? ‍It'd make our day if you took 1 minute to show some love on iTunes, Stitcher or Soundcloud by subscribing, sharing and giving us a 5 star rating. ‍

For more information on Collective Campus, our innovation hub, school and consultancy based in Australia and Singapore check out www.collectivecampus.io

Startups and Entrepreneurship
Technology
Management and Leadership
SUBSCRIBE TO FUTURE2
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form
Steve Glaveski 2018
Powered by Collective Campus
Thanks! You've subscribed!
Oops! Something went wrong while submitting the form.