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Six companies in, you start to notice things you couldn't see from…

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Six companies in, you start to notice things you couldn't see from inside the first one. The biggest pattern I've picked up isn't about funding, or product, or timing. It's about how founders diagnose what's actually wrong versus what they think is wrong. Those two things are rarely the same, especially early on. Here's what I mean. In my first two companies I'd see a problem, and I'd move. Fast. What I was really doing was treating the symptom. Revenue slow? Run a promotion. Team disengaged? Schedule a team lunch. Product not sticking? Add a feature. None of it wrong exactly, but none of it diagnostic. By company four I'd developed a different instinct. Before making any move, I'd sit with the question a bit longer. Walk the dog. Let the brain do its thing without forcing it. The answer that surfaces after a day of not pushing is almost always more accurate than the one you force out in an afternoon of frantic action. The diagnostic habit comes down to three honest questions. What do I know for certain? What am I assuming? And what would I need to see to prove myself wrong? Most founders skip the third one entirely. That's where the expensive mistakes live. The other thing six companies teaches you is that bad pattern recognition compounds. A wrong diagnosis in month two leads to a wrong strategy in month four, a wrong hire in month six, and a pivot that's actually an escape in month nine. You were never fixing the real problem, just adding distance from it. If you're in the building phase right now and something feels off, be prepared to pivot, but only after you've actually diagnosed. Not assumed. Diagnosed. What's the most expensive wrong diagnosis you've made in a business? I'm curious whether the pattern holds for others.

Mark HadfieldMay 29, 2026Published to Linkedin - Mark HadfieldView original ↗

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