The Startup Chat with Steli and Hiten on Smash Notes

The Startup Chat with Steli and Hiten podcast.

December 31, 2019

Unfiltered insights and actionable advice straight from the trenches of startup and business life. The show hosts, Steli Efti and Hiten Shah, are both serial entrepreneurs who have founded multi-million dollar SaaS startups. Being busy CEOs of fast-growing companies, they know the value of your time and make sure you get the most out of each 22 minute episode. Tune in for new episodes every Tuesday and Friday.



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In today’s episode of The Startup Chat, Steli and Hiten talk about founder distractions.


Being distracted from work is something all founders have to deal with and, while some kind of distractions can be a good thing, when distractions start affecting your level of productivity then it may be time to make some changes. 


In today’s episode, Steli and Hiten talk about what founder distractions are, the most common types of distractions, how you can overcome these distractions and much more. 


Time Stamped Show Notes:


00:00 About today’s topic.


00:32 Why this topic was chosen.


01:00 The first thing that comes to mind when meeting other founders.


01:40 Why meeting other founders can be a big distraction.


03:32 How Hiten approaches requests for meeting up.


03:40 How founders get distracted by competition.


05:17 Another major distraction for founders.


06:45 Why you don’t need to read ten books a day to become a successful founder.


09:25 How meetings and getting on calls with people can be a distraction.


10:10 Antidotes for distractions.


3 Key Points:


One of the biggest founder distraction is meeting other founders.Founders get distracted by competitionHelping and meeting is not the same thing


[0:00:01]


Steli: Hey everybody, this is Steli Efti.


[0:00:03]


Hiten: And this is Hiten Shah.


[0:00:05]


Steli: And today on the startup chat we're going to talk about founder distractions, the types of things, maybe the most tempting temptations or the most distracting distractions for founders. Things that founders easily get distracted by or with that founders should avoid if they don't want to get into trouble. What comes first to mind when you hear a common founder distraction? What is the first thing that pops up in your head?


[0:00:35]


Hiten: Oddly I think one of the biggest founder distractions is meeting with other founders. I think-


[0:00:45]


Steli: Tell me more.


[0:00:46]


Hiten: I think there are a lot of meet with other founders, get feedback on what you're doing or have sort of a community or a group of you that kind of can talk about work, right, and talk about how, what your dealing with and things like that. There's a lot of camaraderie that shows up in that way when you have friends that are founders, and one of the biggest things is when founders are just meeting other founders almost like a... How can I put it? Like just for the sake of meeting other founders, "I'm a founder, you're a founder, let's meet up." Or a founders meeting of other founders with the idea of there's a lot out there that have a lot to do with, "I am meeting other founders, they're early stage founders. I want to help them." So I actually even think helping other founders can be a distraction for many people, right? And I know many people would be, that are listening, know me really well and know I help a lot of founders. They probably know you really well, Steli. You help a lot of founders, right? And they're like, "Well what are you talking about?" But look, I don't think most founders are actually should go help other founders all the time. And the reason I say that is it's either something that you know how to do and you can do it because it's just part of your DNA and also like it helps your businesses somehow or your business, or it's just not something in your DNA. It's just not something that you you know how to do, right? So I think there is a lot of distraction I've seen with founders trying to help other founders or founders meeting with other founders just because they're are other founders, and this is easy because what happens is there are so many founders out there now that will email you and want to meet up. Or will email you and be like, "Oh you did X, Y, and Z. I'd love to learn from you." And you can get caught up in that.

Key points in this episode

In this episode

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