6 Founder Actions That Can Kill A Promising Business

Startup Professionals Musings

In my experience as an advisor to entrepreneurs, business startup founders most often point to a shortage of funds as the primary cause of their startup failure. The founder ignored multiple push-back efforts from key members of the team, and suggested more commitment as the solution.

Are MBA Founders More Diverse?

View from Seed

Original research on gender diversity and fundraising amongst HBS founders. Historically, there has been a general bias against MBA founders — a skepticism around their grit and hustle. of venture capital went to companies with only female founders (Pitchbook, October 2018).

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10 Innovation Myths For New Venture Founders To Avoid

Startup Professionals Musings

entrepreneur founders innovation myths Vijay GovindarajanMost people think innovation is all about ideas, when in fact it is more about delivery, people, and process.

5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades.

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Why Founders Need a Moral Compass

Steve Blank

I’ve been thinking why the ethical boundaries of todays founder/VC interactions feel so different then they did when I was an entrepreneur. I’ve written about the root causes in an HBR article here and an expanded version here. Worth a read.

9 Founder Habits That Leave a Business Foundering

Startup Professionals Musings

After working with dozens of startup founders, I’m still amazed that some seem to be able to do the job easily and effectively, always in control, while others always seem to be struggling, out-of-control, and fighting the latest crisis. Some founders go too far to become consensus builders.

8 Startup Situations Challenge Founder People Skills

Startup Professionals Musings

entrepreneur founder leadership startupMost entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business.

Look For The Hunter Gene In Every New Venture Founder

Startup Professionals Musings

Most entrepreneurs believe they are “different,” but they can’t quite understand how. They usually explain it by insisting that they are driven to follow their passion, need to be their own boss, want to get rich quick, or want to change the world.

Repeat Founders and the Risk of a False Positive

View from Seed

A number of blog posts recently have mentioned this, but we seem to be experiencing a rise in repeat founders starting new businesses and raising seed capital. You probably struggled to get co-founders or early team members to join you because you had limited credibility.

Time For Founders School

Steve Blank

Kauffman just launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. Go watch Founders School now.

The Moments that Define Investor and Founder Relationships

This is going to be BIG.

In almost every single investment I’ve ever made, I can think of a singular moment in my relationship with a founder that, no matter what came before or what might come after, defined our relationship. Often times, it came in a very vulnerable and down moment for the founder—perhaps they just lost out on a big opportunity, had someone from the team leave, or they’re running low on capital before sales have come around.

4 Ways To Resolve Co-Founder Conflict

YFS Magazine

Startup co-founder disputes are universal. Lead business partners co-founders communication leadershipIt’s just like any other close relationship–there are good moments, and there are times when you will disagree.

Founders Interview: Flash Pack

The Startup Magazine

As part of The Startup Magazine founders interviews, we sat down with Lee Thompson and Radha Vyas, the co-founders of Flash Pack , a lifestyle travel company specialising in adventure trips for solo travelers in their 30’s – 40’s. . Flash Pack co-founders Radha Vyas & Lee Thompson.

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10 Steps To Finding The Right Startup Co-Founder

Startup Professionals Musings

The right answer is to find a co-founder with complementary skills. Network to find co-founders just as you network to find investors. Co-founders are business partners for startups, so don’t be afraid to join and explore sites such as StartupWeekend, StartupAgents and CoFoundersLab.

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

Two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. The CTO of many technical startups was the original founder.

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Three Rules For Co-Founder Success

YFS Magazine

Grow Human Capital business partners co-founders partnership strategic partnershipsAfter signing paperwork to form our business, we soon learned that starting a business together was much like entering into a marriage.

7 Keys To Being Seen As A Superhuman Startup Founder

Startup Professionals Musings

Investors know this, hence the saying “Bet on the jockey (founder), not the horse (idea).” Typically this energizes new startup founders, but some struggle trying to live up to their own, as well as everyone else’s expectations. entrepreneur founder jockey role model startup superhuma

Founder Fights in Boulder

Feld Thoughts

The final event at Boulder Startup Week a few months ago was Founder Fights. A bunch of founders got in a boxing ring for a real, USA Boxing sanctioned event (three rounds, two minutes each). The post Founder Fights in Boulder appeared first on Feld Thoughts.

5 Keys To Happiness, Even For New Business Founders

Startup Professionals Musings

Image via Pixabay Building a startup is hard work for low pay, it’s risky, and it requires total responsibility to make it work. Yet, many entrepreneurs are the happiest people I know.

4 Quotes From Successful Small Business Founders

Up and Running

Sometimes it can help to hear from small business founders who were able to breathe life into their business idea and make it go. These four founders shared their success stories with our LivePlan team over the past year. Allison Reitz, founder of Good Elephant.

Startup Founders Need To Manage Their Optimism

Startup Professionals Musings

The new founder who hears positive reviews from three out of four friends may assume that 75 percent of the general population will react similarly. Overconfidence leads founders to treat their assumptions as facts and see less uncertainty and risk than actually exists.

IoT: Bridging the Performance Promise Gap – Female Founder Series

The Startup Magazine

As part of our ongoing Female Founders series , The Startup Magazine asked Terry Foudray, CEO and co-founder of IoT solutions provider, RUMBLE, for her views on the continued digitization of our physical world. Founder and CEO, RUMBLE. Terry Foudray, CEO and co-founder RUMBLE.

5 Ways To Improve Startup Founder Team Productivity

Startup Professionals Musings

For one-on-one coaching from the startup founder, I call this approach five-minute mentoring. Your primary responsibility as a startup founder is to provide vision, leadership and communication to all internal and external team members.

Founder’s Stock Is Gold, If You Know The Rules

Startup Professionals Musings

In reality, so-called “Founder’s” shares are simply common stock, issued at the time of startup incorporation, for a very low price, and normally allocated to the multiple initial players commensurate with their investment or role. entrepreneur founder rules startup stock

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The Founders – Season Three

Feld Thoughts

One of my favorite web tv shows – The Founders – is back. TechStars birdbox founders roximity uboolyEpisode 1 of Season 3 – Cave Explorer – is up.

A Founder’s First Key Decision Is The Business Name

Startup Professionals Musings

Some startup founders try unusual word spellings to make their business stand out, but this can be trouble when customers ‘Google’ your business to find you, or try to refer you to others. business name entrepreneur founder startup TBD First things first – your startup needs a name!

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Rethinking Founder Vesting

K9 Ventures

One of these norms is how founder vesting and employee vesting works. Here is a good summary post from Cooley GO on Founder Vesting. There are two main reasons for founder vesting: To ensure founders stick around and build the company. To protect the founders (and investors) when a member of the founding team separates from the company prematurely. IMHO the former — having a cliff, is better for founders than the latter — not having a cliff).

6 Leadership Insights To Inspire New Venture Founders

Startup Professionals Musings

Starting and building a company is all about leadership – formulating an idea, building a unique plan based on vision and experience, and forging a path over and through all obstacles.

How Well Do Founders to in Venture-Backed Exits?

VC Adventure

In this case they defined “management team” as founders and C-level executives. Founders Venture Economics exits management payouts management team incentives venture exits venture outcomes

Some Quick Things Every Founder Should Know

Both Sides of the Table

You get to have interesting conversations with founders and review business plans and then see how these businesses evolve over the years. " Revenue doesn't pay your bills, GM does  —  @msuster 2/ Founders obsess with revenue as a vanity metric.

Acknowledging The Value of Coaching and Therapy for Founders

Feld Thoughts

First, Felicis Ventures is committing 1% on top of every check the firm writes in non-dilutive capital earmarked for “founder development” in coaching and mental health. “Felicis’ bet is that by making such resources available and publicly known, founders won’t feel too proud, or too much pressure to seem successful, to address personal and team issues. He also points to the survey he is doing for his new book titled Depression: A Founders Companion.

5 Financial Concepts Every Startup Founder Should Know

The Startup Magazine

There is a myth among first time tech founders that product is everything. Here are five financial concepts that every startup founder should know to build an everlasting company. The post 5 Financial Concepts Every Startup Founder Should Know appeared first on The Startup Magazine.

Investors Look First At The Founder, Then The Idea

Startup Professionals Musings

They evaluate you like you should assess a possible co-founder or first employee. entrepreneur startup idea investor funding founder business Investors are people too. What are your credentials? What have you done that would convince me that my money is safe in your hands?

Nine Bad Behaviors of Struggling Startup Founders

Startup Professionals Musings

After working with dozens of startup founders, I’m still amazed that some seem to be able to do the job easily and effectively, always in control, while others always seem to be struggling, out-of-control, and fighting the latest crisis. Some founders go too far to become consensus builders.

10 Steps From A Closet Freak To A New Venture Founder

Startup Professionals Musings

Every culture and community puts pressure on its members to follow the norms. Even young people who start out wanting to be different are called “freaks,” and most are slowly bent back into the norm by the time they “grow up.”

Founder Interview: RedMane Technology’s Tony Lakier

The Startup Magazine

As part of The Startup Magazine Founder Interview Series , we talked to Mr. Tony Lakier. Tony is the Founder and CEO of RedMane Technology. As you have a history of building early stage companies, what is the most important thing you tell startup founders?

Why Founders Should Know How to Code

Steve Blank

I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. His inability to attract a co-founder who could code was a troubling sign.

Pixar, Artists, Founders and Corporate Innovation

Steve Blank

—– In a recent workshop with a large company focused on the Innovation@50x process, I mentioned that founders and intraprenuers operate more like artists than accountants – on day one they see something no one else does. Startup founders operate in chaos and uncertainty.

Founder Market Fit

Feld Thoughts

” But my post yesterday about The Power of Passion When Starting Your Company was about “founder market fit.” ” And I’ve come to believe that – especially among first time entrepreneurs – founder market fit is much more important than product market fit at the inception of the company. Founders come in with something they are super excited about. We constantly hear about “product market fit.”

8 Keys To Attracting The Right Technical Co-Founder

Startup Professionals Musings

Just like executive recruiters recognize the best executives, a technical expert in your business domain will recognize the right combination of skill, creativity, and experience you need for a co-founder or key team member. entrepreneur recruiting startup technical co-founder

3 Founder Attributes We Look For When Investing

View from Seed

You don’t often hear a founder speak so candidly about this (especially before the final chapter is written) so it’s worth a listen. . They may not look exactly like Stu’s situation, but I think all of these founders have found their backs against the wall, scrambling to find a path forward for their business. As seed stage investors, we think very deeply about the attributes of founders that we want to back.

5 Lessons For New Venture Founders From Great Chefs

Startup Professionals Musings

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want.

Don’t Let Founder’s Syndrome Kill Your Next Venture

Startup Professionals Musings

Founders almost always cite lack of money as the reason for failure, but if you look deeper, I believe the reason is more often about dysfunctional people and leadership. Sometimes it comes right back to the founder, in terms of a malaise often called “Founder’s Syndrome.”