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Gustaf Alströmer: belief

2 Mar 2023 Lenny's Podcast Lessons from working with 600+ YC startups | Gustaf Alströmer (Y Combinator, Airbnb)

“An investor isn't going to want to invest in someone who's completely not confident in that idea. So learning to first build your own confidence for what you're working on and then predicting that confidence to the people around you I think is critical.”

— Gustaf Alströmer

Source trail

Everything needed to verify it.

Speaker
Gustaf Alströmer
Attribution
Verified speaker
Claim type
belief
Recorded
2 Mar 2023
Publisher
Lenny's Podcast

Transcript context

…All right. Let's try another one. Confidence versus humility as a founder? Gustaf Alströmer I don't think that they're on a spectrum. I think that learning to predict confidence as a founder is critical going back to this communication piece of motivating people around you, right? I wouldn't want to join a company where the founder's completely not confident in their own idea, right? Because that is going to shine through. An investor isn't going to want to invest in someone who's completely not confident in that idea. So learning to first build your own confidence for what you're working on and then predicting that confidence to the people around you I think is critical. A lot of people will have doubt around you. And if you're not predicting that confidence, it's not clear that anybody else will if you're the founder. You're the one who's have to do it. I think that you can predict that confidence while having a strong sense of humility towards the people around you. But I think when it comes to startups, learning to have that confidence is an important piece of the early days, right? And especially if you're building something that's very difficult, that takes a lot of work and a lot of money, protecting the confidence that you will succeed is critical for everybody that's doubting you. And those doubting you is a lot of people around you, right? And you just need to have an unnatural amount of confidence to prove them wrong. I think, again, this is not on the spectrum with humility. In fact, the most successful founders are often the most... You cannot inspire people around you if you don't have a strong sense of humility. People don't actually want to spend time with you, which means they don't want to work for you or invest in you. Again, you need both, but they serve different purposes when you get started. Tough gig this founder life. You got to got to be everything. Let's see if there's a big difference in this next one. Execution and tactics versus focusing on strategy and kind of higher level stuff. How deep do founders go that you find that are most successful?…

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