Defining Core Values for Startups

In the latest episode of Start, Scale, Exit, Repeat: Serial Entrepreneur Secrets Revealed, Colin Campbell and Michele Van Tilborg discuss the significance of defining core values for startups, especially when scaling a company. They emphasize how essential it is to have strong, memorable core value statements that guide a company’s culture, leadership, and decision-making processes. According to Colin, these values aren’t just slogans on the wall; they’re the guiding principles that keep a company aligned, much like the guardrails that help keep a bowling ball on track, so he created a custom GPT to help founders identify what’s most important to them when hiring.

For entrepreneurs—whether solo or managing a growing team—defining and living by core values is key to scaling a company sustainably.

The episode features practical advice on how to create core values using AI tools like startup GPTs. Michele shares her own experiences leading Paw.com, a company she joined as CEO earlier this year, and reflects on how their team can benefit from implementing clearly defined values. Together, they explore how meaningful core values not only drive motivation but also help attract the right talent—people who resonate with a company’s mission and are more likely to contribute to its long-term success.

Colin also highlights the personal connection founders should have with their company’s values. He suggests that personal core values often reflect into the business, making them vital for creating a cohesive, productive environment. Whether it’s “Comfort for Pets, Style for Homes” or “Doing Good Means Doing Better,” the importance of these statements lies in their ability to be remembered and lived by every team member.

For entrepreneurs—whether solo or managing a growing team—defining and living by core values is key to scaling a company sustainably. As discussed in the episode, culture can make or break a business, and a strong set of guiding principles ensures not only the alignment of the team but also the ability to weather challenges as the company expands.

My Peers Confronted Me About Being a Workaholic. These 5 Changes Helped Me Build and Sell Companies With Less Stress.

Back in 2017, I was confronted by a group of fellow business owners. We belonged to a peer group that met every month to help...

TTSI Drops as High Interest Rates Stall the IPO Recovery

2026 seems to be ending with a thud.  We are now estimating U.S. IPO market reaching 330 public offerings in 2026, the Startup.club Time to...

Build What You Love in an AI World or You’ll Probably Quit

Building a company is hard. It takes longer than expected. It costs more than planned. Customers do not always respond. Products fail. Marketing campaigns fall...

Learning How to Learn in the AI Age

The most valuable skill in the AI age may not be coding, prompting, or automation. It may be learning how to learn. Technology is evolving faster...

I Just Had a Heart Attack at 56. Here Are 6 Lessons Every Entrepreneur Should Know

At 8:45 Monday morning, I sat up and felt a pain in my upper back. When I stood up, the pain began radiating around...

AI is Moving From Productivity to Execution: Why the Next Wave of AI Will Connect Your Tools, Data, & Strategy

For the last two years, I’ve had some version of the same conversation with CEOs. What AI tools should we be using? What is...