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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Entrepreneurs are driven to go out on their own for power, influence, autonomy and freedom.
Chapter 3: Entrepreneurs require human capital to launch a business. Add talent to reinforce your vulnerable areas well.
Chapter 4: New ventures need social capital. Build your network, but don’t linger too long at your old job.
Chapter 5: Adequate human, social, and financial capital is crucial. If all else fails, add co-founders to help.
Chapter 6: Don’t assign titles arbitrarily. Co-founder roles must be crystal clear right from the beginning for everyone.
Chapter 7: Be very cautious when dividing equity. What feels fair today may not remain fair tomorrow.
Chapter 8: Hiring within your personal network is simple yet risky. Could you fire your closest friend someday if necessary?
Chapter 9: Generalists feel comfortable wearing many hats and adapt quite readily to early startup challenges.
Chapter 10: Raising funds can speed product development, but it puts you squarely on the hook to your investors.
Description
The Founder’s Dilemmas (2013) reveals exactly what it takes to become the founder of a start-up company. Drawn from the author’s research and case studies, this step-by-step guide will help you navigate the rough waters of your company’s early stages.
Who Should Listen
- Budding entrepreneurs ready to start a new business
- Experienced business owners ready for a new challenge
- Investors looking for advice on evaluating start-up companies