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Steven Hoffman: Secrets for Startup Success – TPS475


Steven Hoffman (Captain Hoff) is the Captain & CEO of Founders Space, one of the world’s leading startup accelerators. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Hoffman is also a venture investor, serial entrepreneur, and author of several award-winning books. These include Make Elephants Fly, Surviving a Startup, and The Five Forces.


Steve shares his interesting journey to becoming the CEO of Founders Space.
We talk about the dangers of comparing yourself to others and not following your inner urge to do something.
If you have a big dream, then you make sure that you’re the best in your field. Steve shares his experience in trying to become a Hollywood writer/director.
A lot of entrepreneurs believe they’re better at something than they really are.
As an entrepreneur, how you think of yourself is important.
Anyone who works for themselves will learn that it’s an emotional roller coaster.
Steve talks about how Founders Space helps budding entrepreneurs on many different levels, giving them skills that can move them toward success.
It’s not unusual for entrepreneurs to become deeply attached to their business idea and then fail because they aren’t open to change.
Steve explains the screening process his company uses with potential clients.
For new entrepreneurs, when you get an idea, you have to take it into the real world to test your idea. Find out who wants it and why.
We talk about the importance of learning soft skills to go along with business skills.
Your work doesn’t define you unless you let it define you.
Because of the way your brain works, you have much more control over your responses and emotions than you realize that you do.


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