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    YC Fanboys College

    Startup School 2.0

    0 / 26 chapters0%
    Course Introduction
    Deciding to start a startup
    Should You Start A Startup?
    Why You Should Leave Your FAANG Job
    Why to Not Not Start a Startup
    Before the Startup
    Getting and evaluating startup ideas
    How to Get and Evaluate Startup Ideas
    Pivoting Out of a Tarpit Idea
    chapter 3
    chapter 4
    Where Do Great Startup Ideas Come From?
    Building your founding team
    All About Co-Founders
    Co-Founder Mistakes That Kill Companies & How To Avoid Them
    How to Split Equity Among Co-Founders
    How to Work Together
    Planning an MVP
    How to Talk to Users
    How to Build an MVP
    Product Development Cycle Fundamentals
    Launching
    How to Launch (Again and Again)
    How to Get your First Customers
    Do Things That Don't Scale
    Growing and monetizing
    How to set KPIs and Prioritize Your Time
    Startup Business Models and Pricing
    Growth for Startups
    Fundraising and company building
    How Startup Fundraising Works in 2022
    How to Apply and Succeed at Y Combinator
    Stories from great founders
    The Founding Story of Facebook
    The Founding Story of 23andMe
    1. Startup School 2.0
    2. Should You Start A Startup?

    Should You Start A Startup?

    By: Harj Taggar

    đź§­ Overview

    You need to ask yourself 2 questions to know if you “Should you start a startup?”

    1. Are you the kind of person who should be a founder?
    2. If not now, how do you prepare to become one later?

    There’s no clear test or archetype for a founder — successful founders come in all forms, but resilience is the single most important trait.

    đź§  Who Should Start a Startup?

    Common Myths

    • Media glorifies two archetypes:
      • The ruthless genius coder (e.g. Zuckerberg)
      • The charismatic visionary (e.g. Jobs)
    • Reality: there are many successful founders with very different profiles.
      Don’t disqualify yourself because you don’t fit the stereotype

    What Actually Matters

    • Resilience > Confidence.
      • Confidence can be faked; resilience can’t.
      • The best founders endure rejection and keep iterating.
    • Example: Benchling (YC S12).
      • Early doubts: founders seemed too quiet, bad at sales.
      • Took 2 years to make first revenue.
      • Now worth $6B+.
      • Core insight: resilience outlasted every obstacle.

    đź’ˇ Motivation: Why Start a Company?

    • Your initial motivation doesn’t matter much. It evolves.
    • Money is a fine motivation. It’s honest and can get you started.
    • Curiosity is enough. The experience itself teaches if you’re built for it.
    • Over time, lasting motivation comes from:
      • Genuine interest in the problem
      • Love for the people you’re working with

    ⚖️ Ask Yourself: “What Do I Have to Lose?”

    Worst-Case Scenario Analysis

    • Most startups take at least a year before you know if they’re promising.
    • You may earn little to no salary during that time.
    • If you can’t handle that worst case, your anxiety will sabotage you.
    • The calculus differs by life stage:
      • Students: low downside — job offers can wait.
      • Senior employees: higher risk — weigh carefully.

    Don’t Forget the Upside

    • You’ll learn more in a year of startup life than anywhere else:
      • Sales, product, customer support — all at once.
      • It clarifies what kind of work you love.
    • Even failure accelerates your career trajectory.

    đź§© The Career Upside of Starting (or Failing)

    • Employers value ex-founders for initiative, leadership, and ownership.
    • Many successful YC companies hire ex-founders (e.g. Rippling hires ~50).
    • Career paths often look non-linear:
      • Nick Grandy: failed first startup → joined Airbnb → founded OutSchool ($3B)

    🧱 Part 2 — Preparing to Found Later

    You’ll Need:

    1. An idea
    2. A co-founder

    They often emerge together — through conversations.

    đź§  How to Find Ideas & Co-founders

    • Don’t treat them as separate searches.
    • Talk to people you love brainstorming with — people who make you sharper.
    • Discuss:
      • Products you admire or find broken.
      • Technologies that feel underrated.
    • Debate, iterate, and research between conversations.
      This primes your brain for startup ideas.

    🌍 Choose the Right Environment

    • Best place to meet co-founders: work at a startup.
      • You’ll see startup life firsthand.
      • Your colleagues will be more risk-tolerant.
    • If you’re in a FAANG job — consider joining a startup as an intermediate step.

    ⚙️ Turn Ideas into Side Projects

    • When you say “It’d be cool if someone built X” — be that someone.
    • Build small prototypes. Launch something.
    • You’re not trying to build a unicorn — you’re learning to ship.
    • Non-technical? Learn to code enough to build v1.
      You only need MVP-level skills to start.

    🚀 When to Take the Leap

    • You won’t get a magical “perfect traction” moment.
    • Judge by:
      • Are a few users obsessed with your product? (Paul Buchheit rule)
      • Do you love the process of building and learning?
      • Does your energy rise after side projects and drop after your day job?
        → That’s your signal.
    • Finding a co-founder you love working with is rare — if you do, jump.

    đź§ľ Key Takeaways

    1. Don’t overthink your motivation — curiosity is enough.
    2. Be honest about what you can lose — handle the worst case.
    3. Startup experience = learning accelerator, even if you fail.
    4. Surround yourself with people who spark ideas.
    5. Build side projects to practice resilience and shipping.
    6. When you find the right co-founder → make the leap.

    “Think less about how well your side projects are going,
    and more about how much you enjoy turning ideas into reality.”
    — Harj Taggar, YC Group Partner

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