How Much Money Does it Take to Be Rich?

<p>Do you have safety assets for your next milestone bet?</p><p><br></p><p>In this episode of Startup Therapy, Ryan Rutan and Wil Schroter discuss the difference between personal and business safety, an optimized approach to running a Startup, and creating a safety net for every milestone.</p><p><br></p><p>Listen in and learn how base-level stability can fundamentally change a business. </p><p><br></p><p><strong>Sign up for the Startups Newsletter</strong></p><p><a href="https://www.startups.com/newsletter"><strong>https://www.startups.com/newsletter</strong></a></p><p><strong>What To Listen For:</strong></p><p><br></p><ul> <li>[00:00:33] How can I feel safe from Startup scam?</li> <li>[00:02:10] Safety can be achieved at a much lower threshold. Now that I am safe, how do I become rich?</li> <li>[00:06:22] Personal safety vs Business safety</li> <li>[00:09:40] Optimizing approach to building a Startup</li> <li>[00:12:06] What safety looks like as a milestone?</li> <li>[00:13:40] Safety means you can weather a storm. What is a storm to you?</li> <li>[00:17:03] Startup narrative: What safety really is and how important is it for businesses?</li> <li>[00:19:31] Having a safety net allows you to do things you couldn't do.</li> <li>[00:21:11] Establish real, specific milestones </li> <li>[00:23:45] The safety that businesses should be looking for.</li> <li>[00:25:49] Isolate your milestones, put your bet on something that doesn't impact your safety.</li> <li>[00:27:00] Create base-level stability for the business.</li> <li>[00:29:17] How focusing on getting to that safe point can fundamentally change the business.</li> <li>[00:32:43] Once you're safe, becoming rich becomes a luxury goal.</li> <li>[00:34:00] What do you need to be safe enough to make really big bets?</li> <li>[00:36:18] Figure out exactly what safety looks like.</li> </ul>