The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup

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		The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup
		The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup

Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder's Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term. The Founder's Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders. People problems are the leading cause of failure in startups. This book offers solutions.

网友对The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup的评论

Book is excellent. Within the first two pages of the introduction I was already learning a great deal of knowledge. Not as hard to understand as someone would expect. I would definitely recommend this to anyone interested in entrepreneurship, starting their own company/business, and someone looking to maintain their business and expand to the best of their ability.

Noam Wasserman provides a detailed analysis on the issues confronted by entrepreneurs. There is a nice database he uses to provide useful statistics. That said; not two businesses, products or services are the alike. The book does not provide a set of guidelines / cookbook to have a successful business. What it does is describe the pitfalls that one way or the other will be faced by a startup.

Being an entrepreneur, having worked for a startup, small, medium and large companies I highly recommend this book not only for entrepreneurs but for executives in companies that wish to develop a new product / service and want to understand many of the issues they will encounter (people, product, etc).

I loved this book because it shed so much light on the workings of a startup. If you're considering creating a startup, or even simply working for a startup, you need to take the time to read this book before you sign any kinds of papers. You will be so much more prepared for what is to come, greatly increase your stake, and be informed.

This book is great. I only hope the next that I read about startups is as good as this one.

If you are a founder, co-founder, or aspire to be a founder in the future. YOU MUST BUY THIS BOOK. This book covers decade of study on founding companies and the inside information on the problems that goes on during the founding times. If you are a founder, you probably asked yourself many questions like, "Do I start company with people close to me, or should I network with outsiders?" This book gives pros and cons of each answer to these type of intimate questions. With this book, you will not feel alone with things start going south during the startup stage. You will realize that many extremely succesful companies have had more puzzling times than you. I ask you again, are you a founder or looking to be one? Read this NOW.

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