Charmain Bogue | Founders Drown in Advice and Starve for Feedback

Charmain Bogue in a meeting

Charmain Bogue

Every founder in an accelerator hears more advice in three months than most professionals hear in ten. Mentors, judges, investors, panels: everyone has a framework, a book recommendation, a story about what worked in 2014. The founders nod, take notes, and leave most sessions slightly more confused than they entered.

Charmain Bogue of Washington, D.C., who serves as a mentor and judge for accelerator programs, thinks the startup world has the ratio backwards. Founders are oversupplied with advice, which is general, and undersupplied with feedback, which is specific. The difference sounds small. It decides companies.

Advice is about the giver

Listen closely to startup advice and a pattern emerges: most of it is autobiography. The mentor who scaled through enterprise sales recommends enterprise sales. The one who succeeded with community-led growth recommends community. Each is generalizing from a sample size of one, with survivorship doing the heavy lifting.

Bogue does not say this cynically. Experience has value. But a founder who collects advice from six successful people gets six incompatible playbooks, and the attempt to follow all of them produces strategy soup. Advice tells you what worked somewhere. It cannot tell you what is happening in your company.

You can spot the damage in any accelerator cohort by week eight. The founders who tried to honor every mentor’s input have pitches with the fingerprints of nine editors and the conviction of none. The strategy stops being theirs, and when a hard question comes, there is nobody home behind it.

Feedback is about the work

Feedback is different in kind. Feedback says: I read your pitch, and I did not understand your pricing until page nine. I watched your demo, and the moment that should land flat, landed flat. I looked at your numbers, and your retention curve does not support the growth story you just told.

That information is uncomfortable and immediately useful. It requires the giver to actually engage with the founder’s specific work, which is why it is rarer. Bogue’s approach in mentoring sessions is to spend less time prescribing and more time reflecting back what the founder’s own materials and metrics are saying. Founders usually know what to do once someone shows them what is actually there.

It is also why she reads the materials before the meeting. A mentor reacting to a pitch in real time produces improvisation. One who arrives having studied the deck, the numbers, and the inconsistencies between them produces something the founder can actually use. Preparation is the respect the work deserves.

How founders can fix the ratio

The supply of feedback will not increase on its own, so Bogue coaches founders to extract it. Ask narrow questions. “What do you think of my startup?” invites a speech. “At what point in the deck did you stop believing me?” invites information.

Founders should also notice who gives them discomfort. The mentor who only encourages is pleasant and useless. The one who says “I don’t buy this slide, walk me through it” is providing something with market value. Collect those people. Schedule them. Their sentences are worth more per word.

Timing the request matters as much as the wording. Feedback gathered before the big pitch can still change the pitch. The same observations afterward are just an autopsy. Bogue pushes founders to show work earlier and rougher than feels comfortable, because polish invites applause, and drafts invite the truth.

The skill compounds

Here is the part Charmain Bogue emphasizes with early-stage teams: the ability to seek and metabolize feedback is not a fundraising tactic. It is the founding team’s culture in embryo. A founder who flinches at hard questions builds a company where hard questions go unasked, and those companies find out about their problems from the market, which is the most expensive teacher available.

The founders who learn to want the uncomfortable sentence early end up needing rescue less often later. Advice is everywhere and cheap. The truth about your own company is scarce, and the founders who hunt for it tend to be the ones still standing when the cohort reunion comes around.

Next
Next

Charmain Bogue | The Succession Question Non-Profit Boards Keep Dodging