Running Effective Discovery Calls with Startup Founders
•VCBacked Team
Discovery calls with founders are different than enterprise. Here's how to run them effectively.
Founder Discovery Differences
- Shorter attention span
- Already done research before the call
- Want to get to the point quickly
- May multitask during call
The 20-Minute Framework
First 5 Minutes: Context
- Brief intro (30 seconds)
- Confirm their situation (funding, stage, challenge)
- Set agenda for the call
Middle 10 Minutes: Discovery
- Current state and pain points
- What they've tried
- Decision criteria and timeline
- Who else is involved
Final 5 Minutes: Next Steps
- Quick product fit summary
- Proposed next step
- Schedule follow-up on the call
Key Questions to Ask
- "What prompted you to take this call now?"
- "How are you handling [problem] today?"
- "What would success look like in 90 days?"
- "Besides yourself, who else would be involved?"
What Not to Do
- Long company background
- Feature dump
- Reading from a script
- Going over time
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