How Should Founders Create Plans? w/ Charles Hudson

Follow Charles: https://x.com/chudson Get your LLC: Doola.com/exerton/ About Charles: Charles is the Managing Partner and Founder of Precursor Ventures, an early-stage venture capital firm focused on investing in the first institutional round of investment for the most promising software and hardware companies. Prior to founding Precursor Ventures, Charles was a Partner at SoftTech VC. In this role, he focused on identifying investment opportunities in mobile infrastructure. (00:00) Intro + Doola.com/exerton (02:12) Who is @chudson? (03:38) Stumbling into a career v/s planning everything out? (08:33) "Quitting is a bad thing" is overrated. (10:40) How to to identify the problem when there is not an effort problem? (12:19) Working hard is a post-PMF problem.... (18:14) Why Charles backed the same founder 3 times?! (22:27) Why did warm intros become so popular in venture? (23:20) Should founders have Social Capital before starting a company? (28:22) Do VC funds really look at the pedigree a founder has? (31:43) The right line between looking for outliers and the people that are part of the mainstream? (38:30) "Enduring for a long time until the solution works" is bad advice. (41:04) How should founders create plans? (42:53) What should you do when your plan is not going according to plan? Enjoy!