There are many sacrifices that founders make when creating and building startups. Some are obvious, like time and money, but others are more difficult to see before they actually happen. Chief among these founder sacrifices - relationships. The time and energy invested in startups can eat away at personal relationships in an insidious way. Founders need to do what they can to try and maintain their important relationships and try to balance them with the effort required to make the startup successful.
Read more
We’ve talked about a number of the sacrifices that founders make when starting a business. You’ll likely earn a lot less money than you can elsewhere. And, you’ll have a lot less time for other activities. You’ll also probably negatively
Read more
The Hollywood version of startups often involves some divine inspiration by the company founders. It’s usually a flash of brilliance and recognition that becomes the basis for their entrepreneurial venture. But, it’s not always that way and, in fact, we’d
Read more
As a founder, you probably hear more often than you care to that there is no substitute for effort while building a startup. Effort, generally, is going to equate with time (which, as known by everyone who has ever been
Read more
Startups hemorrhage cash at the beginning (in most cases). Be ready for it to impact your wallet. While you may not be personally investing in the business with your existing cash, it is likely that you will be making less
Read more
We’ve discussed hiring in a startup before, here and here. Our conclusion in both posts is that creating a well-rounded team is critical to startup success. But actually building such a team can be difficult. Everyone on a team is
Read more
While we’ve been discussing characteristics and habits of founders, we would be remiss to not discuss introverts versus extroverts. The typical founder / CEO is usually portrayed as external, loud, brash, and aggressive. That’s a stereotype we’ve come to know
Read more
Many parts of a startup are about building habits that support the outcomes that you are seeking. While there are no particular founder habits that guarantee success. There are some common ones that separate good founders from ones that struggle.
Read more
Before any other role in your company you are first and foremost a founder. Not the CEO, not the employee, not the executive, and not the face of the company. You are a founder. Understanding that is incredibly important and
Read more
Are you cut out to be a founder? Most people aren’t and that’s ok. The long hours, emotional ups and downs, the extreme stress, and humbling experiences are difficult for most people to grasp and come to terms with. But,
Read more
Recent Comments