Steve Hoffman is the CEO of Founders Space, one of the world’s leading startup accelerators, with over 50 partners in 22 countries. Hoffman is also a venture investor, founder of three venture-backed and two bootstrapped startups, and author of several award-winning books. Hoffman went on to launch Founders Space, with the mission to educate and accelerate entrepreneurs. Founders Space has become one of the top startup accelerators in the world. Hoffman has trained hundreds of startup founders and corporate executives in the art of innovation and provided consulting to many of the world’s largest corporations. He currently resides in San Francisco but spends most of his time in the air, visiting startups, investors, and innovators all over the world.

KEY TAKEAWAYS FROM THE EPISODE

01:19 Steve explains his journey as an entrepreneur
06:11 Steve explains about Founders Space - a global startup and incubator
11:36 Customer response plays a big role in every startup
15:20 Entrepreneurs need to have an open approach towards their startup
20:55 When do you quit and try something new
27:19 Being an entrepreneur is a process of discovery and repeated failure
28:02 How to identify a dysfunctional team or leader
32:09 An idea can originate from anyone in the startup team
39.05 Why build a platform and not a product
46.16 Relentless optimism and positivity paves the way to success
49:52 Plans ahead for Founders Space

GOLDEN NUGGET FROM TODAY’S SHOW

Steve says, “The brilliant ideas don’t always have to come from the CEO of the company, rather it needs to be a shared collaboration of the entire team to ideate and drive change"

CONNECT WITH STEVE

Founders Space - https://www.foundersspace.com/contact/
Email Steve Hoffman - steven.s.hoffman@gmail.com
Connect with Steve on Twitter - @FoundersSpace
Connect with Steve on LinkedIn - https://LinkedIn.com/in/FoundersSpace/

CONNECT WITH DANIELLE

Danielle’s Website - https://www.daniellegillespie.net/
Connect with Danielle on LinkedIn - https://www.linkedin.com/in/daniellegillespie/
Email Danielle - dg@daniellegillespie.net Medium: https://medium.com/@dgillespie_irl
Send A Text: +1 (412) 207-3851

Connect with Danielle to learn more about how the Ideas Last methodology can help you turn your product into a successful business venture, regardless of product stage: paper napkin, beta, V1, or established product already released into the wild.

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ABOUT THE IDEAS LAST PODCAST

It has long been said that ideas are everything, especially in the startup world. But what if having a laser focus on your idea can actually hold your business back? In the Ideas Last podcast, Danielle Gillespie interviews startup founders, whose success came from obsessively, focusing on execution instead of ideation. Each episode dissects what it actually takes to build a long-lasting profitable startup, rather than simply launching - by putting your idea, last.

Read more about the Ideas Last story - https://medium.com/@dgillespie_irl/ideas-last-a-new-way-to-startup-b94a585e35f5