Emmy 👨🏽‍💻

Based on my experience advising startup founders over the last six months, I've discovered that two categories of founders are particularly difficult to advise. 1. Founders with money. They have so much money available that they can afford to waste it. Instead of being disciplined, validating assumptions, and making calculated decisions, they sometimes throw money at problems that require better thinking, not more funding. 2. Very young founders (between 20 and 30). Many are in a hurry to build the next big thing. They often struggle with patience, discipline, focus, and the willingness to learn from experience. Some mistake speed for progress and ambition for execution. Of course, there are exceptions in both categories. But I've found that having access to money or having youthful ambition doesn't necessarily make someone receptive to advice. Sometimes, the hardest thing about advising a founder isn't helping them figure out what to do. It's getting them to recognise what they shouldn't do.