{"id":45211,"date":"2023-10-20T15:41:54","date_gmt":"2023-10-20T15:41:54","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/the-one-piece-of-advice-the-founders-of-twitter-have-for-budding-entrepreneurs-startupsmart\/"},"modified":"2023-10-20T15:41:54","modified_gmt":"2023-10-20T15:41:54","slug":"the-one-piece-of-advice-the-founders-of-twitter-have-for-budding-entrepreneurs-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/the-one-piece-of-advice-the-founders-of-twitter-have-for-budding-entrepreneurs-startupsmart\/","title":{"rendered":"The one piece of advice the founders of Twitter have for budding entrepreneurs – StartupSmart"},"content":{"rendered":"
\"\"<\/div>\n

There\u2019s one thing that the founders of Twitter always tell budding founders and entrepreneurs when they\u2019re asked for advice.<\/p>\n

Speaking on the Nerdist podcast to mark the 10th anniversary of the social network, Jack Dorsey, Evan Williams and Biz Stone discussed the key things they\u2019ve learnt across this journey and their advice for the next generation of startup founders.<\/p>\n

For Williams, an entrepreneur needs to have much more than just a good idea.<\/p>\n

\u201cIf I\u2019m only given the chance to give one piece of advice to somebody who wants to be an entrepreneur I always say that you have to be emotionally invested in what you\u2019re doing,\u201d Williams says.<\/p>\n

\u201cYou have to love what you\u2019re doing.\u201d<\/p>\n

Having this passion will help a founder through the hard times and criticisms, he says.<\/p>\n

\u201cWe were told Twitter is terrible, stupid and the worst idea ever,\u201d Williams says.<\/p>\n

\u201cAt one point someone said Twitter was the Seinfeld of the internet: It\u2019s a website about nothing.\u201d<\/p>\n

\u201cBut if you\u2019re emotionally invested those things just wash over you and you keep working on it. If you\u2019re not, you\u2019ll say, \u2018everyone\u2019s right, I\u2019m just going to move on\u2019.\u201d<\/p>\n

It\u2019s also important to trust your own instincts and not just rely on outside feedback, Stone adds.<\/p>\n

\u201cBe emotionally invested but just follow your gut in what you create,\u201d Stone says.<\/p>\n

\u201cCreate the thing that you want to exist in the world.\u201d<\/p>\n

Twitter was born out of constant iteration that saw the founders follow their instincts instead of the feedback, he says.<\/p>\n

\u201cIf we mostly just listened to people then Twitter wouldn\u2019t have been because it was clearly a silly idea,\u201d Stone says.<\/p>\n

\u201cWhat\u2019s working for you is your primary barometer, then you can put it out into the world and see how people are reacting to it.<\/p>\n

\u201cYou always have a thousand different options about what to do next. It\u2019s not like Twitter was born and it was suddenly a hit \u2013 it took months of iteration. Every month and every year we think, \u2018what do we do now?\u2019.\u201d<\/p>\n

The Twitter founders have a cold hard truth for startup founders: \u201cIt probably isn\u2019t going to work out\u201d.<\/p>\n

But with the right combination of factors coming together and a lot of hardwork, an \u201covernight success\u201d can be born.<\/p>\n

\u201cEveryone tells us, \u2018oh Twitter, you started it in your mum\u2019s basement, it was the first thing you did and it\u2019s a total success\u2019. Not really,\u201d Williams says.<\/p>\n

\u201cIt takes 10 years, a lot of hard work and a lot of luck to be an overnight success. If you\u2019re lucky enough to have the right people, the right idea and the right timing then you have to be emotionally invested and make it better every day.<\/p>\n

\u201cThat\u2019s the only way you\u2019re going to be able to make it through.\u201d<\/p>\n

Follow StartupSmart on<\/em> Facebook,<\/em> Twitter,<\/em> LinkedIn<\/em> and<\/em> SoundCloud.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s one thing that the founders of Twitter always tell budding founders and entrepreneurs when they\u2019re asked for advice. Speaking<\/p>\n","protected":false},"author":1,"featured_media":58863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45211"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=45211"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/45211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58863"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=45211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=45211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=45211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}