017: Why most startups don't invest enough in their best people and customers

January 04, 2020 00:09:43
017: Why most startups don't invest enough in their best people and customers
Inner Work with Steli Efti
017: Why most startups don't invest enough in their best people and customers

Jan 04 2020 | 00:09:43

/

Show Notes

I call it the squeaky wheel fallacy: When you run a startup, there will always be vociferous customers and team members. They'll be very vocal about all the challenges, problems, and struggles they encounter with you.

And because they ask for your attention, they get it.

On the other hand, there are those that are just silently performing:

Team members that deliver results without making big waves about it. Customers that keep paying you for years and years, without ever making much of a fuzz and requiring many support or Customer Success resources.

And because they are not asking for your attention, in most typical startups, they don't get it. Even though they deserve it.

In this episode, I share how to not become a victim of the squeaky wheel fallacy, and how to allocate your time, attention and resources in a smarter way.

Other Episodes

Episode 0

September 15, 2020 00:09:43
Episode Cover

027: Negative self-image? What a little girl taught me

On a recent summer night I witnessed something touching and magical that I want to share with you in today’s episode. If you have...

Listen

Episode 103

October 02, 2021 00:17:00
Episode Cover

103: My Fear of Stagnation: What if I Stop Changing and Evolving?

Every year I want to change, evolve, level up. I hate stagnation, fear it. There's nothing more terrifying to me than the thought that...

Listen

Episode 0

February 16, 2021 00:10:37
Episode Cover

049: Why you should archive all your emails today

I'm the CEO of a very successful software startup. 8-figure revenue, thousands of customers all around the world, employees spread out all across the...

Listen