What Founders Get Wrong About Success ft. Harry | Funds and Founders

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Funds and Founders: Untold Journeys Behind Their Breakthroughs 44 min 1 speaker 8 chapters transcribed 9 days ago
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What emotional realities do high‑net‑worth founders face after an exit?

Abhinav Sinha 0:00
A lot of people jump into entrepreneurship thinking about this outcome in mind. That seventy percent of second businesses fail. I don't think I've heard any podcast that says I made a hundred million.
Harry Morton 0:11
Is that something you can't get anywhere else? What do you think is missing in the podcasting space right now?

Why do many founders feel emptiness and lose their sense of identity after a big exit?

Harry Morton 0:15
In the face of AI when the only way that you can compete with that is by being unique, differentiated, good. I
Abhinav Sinha 0:21
feel like people are afraid
Harry Morton 0:23
of putting that information
Abhinav Sinha 0:24
out there.
Harry Morton 0:24
I'm being really honest with myself. Would I listen to this idea if if it wasn't me that made it? How did you get into podcast so early?

What common mistake leads 70 % of second startups to fail, and how can founders avoid it?

Harry Morton 0:30
I figured the next wave was podcasting. Every brand needs a podcast.
Abhinav Sinha 0:34
I wanna build a billion dollar company in the
Harry Morton 0:35
Actually that you're fooling yourself.
Abhinav Sinha 0:40
Hey guys, welcome back to Funds and Founders. We have Harry on today.

How can founders build a differentiated, authentic podcast brand in an oversaturated market?

Abhinav Sinha 0:43
Harry, I I have this bit on my podcast where I tell everyone that retention on YouTube is like two to three minutes. And so I ask everyone to plug themselves when they get on, what you're working on, what you're doing, where can people find you, what should people reach out about, and then we'll get into the episode.
Harry Morton 0:59
Sure. So uh you should probably check out Moneywise, which is a podcast I produce my company produces uh along with Sam Parr um of my first million fame and and I've started um hosting a lot of the episodes of that particular show. Moneywise is a podcast all about not how to make money in startups, but how to manage life and what changes in life and and the emotional impacts and and of of wealth once you've built some success.

When should SaaS founders start a podcast, and what strategy should they follow?

Harry Morton 1:22
Yes. Um so we interviewed uh billionaires and millionaires, all about kind of like what they're various aspects of their life after after the exit, basically. Um so definitely go and check that out on YouTube if you're watching this on YouTube or on Apple Podcasts or Spotify or whatever. Um yeah.

What’s the right balance between evergreen and topical podcast content for long‑term growth?

Harry Morton 1:37
And then I hang out on LinkedIn. So you can find me Harry Morton on LinkedIn. Uh my company's called Lower Street. We produce brand we produce podcasts light money wise for a bunch of different companies and yeah that's us.
Abhinav Sinha 1:47
Nice, pretty cool.

How can founders leverage podcast sponsorships and audience‑first distribution without sacrificing authenticity?

Abhinav Sinha 1:48
Uh something I wanted to get kicked off on is interviewing all these high net worth people, what's one realization you had just talking to these people that seem sort of unknown or like mystified from someone who doesn't know these people very personally.
Harry Morton 2:03
Uh I think the key one that stands out to me is that uh a lot of us founders I think think that there's this sort of end game in mind, which is the exit or or maybe it's cash flow for you. It might not be like selling your business. It might be just like cash flowing.

What role will video and new discovery tools play in the future of podcasting?

Harry Morton 2:18
It might be you know, trying to do the Andrew Wilkinson thing and and doing a whole portfolio of businesses and and hiring a bunch of CEOs. Um, what I found after speaking to like a bunch of these people is that actually uh it's not all it's cracked up to be. And actually a lot of folks get to that point and then they realize they find actually a great deal of emptiness on the other side. They're like, okay, now well now what? Now I've got like a bunch of money and a bunch of free time. what do what's the purpose of life at this point? And so they might go through like a period of six or twelve or twenty-four months of just like partying or traveling or indulging in all the hobbies they didn't have time for, buying cars, I don't know, partying and doing drugs.
Harry Morton 2:58
There's like a ton of different ways to kind of spend that that success. Uh and it seems almost universal. Not ornament universal is probably an unfair description, but But uh very, very common indeed that after that kind of six, twelve, twenty-four month period, however long long that is for the individual, there's this sort of like feeling of lostness and like I my identity was tied to this thing. I've made a huge success of it, I've poured everything into it. And now like I don't really know what my identity is beyond that. Um and so I think the the big lesson I'm taking away is, you know. whatever my end game is, whether it's selling my business or um continuing to to build it and just have this this wonderful asset that which which I'm enjoying enjoying.

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