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Loading... The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That… (edition 2013)by Noam Wasserman (Author)
Work detailsThe Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (Kauffman Foundation Series on Innovation and Entrepreneurship) by Noam Wasserman
   None. None No current Talk conversations about this book. Harvard Professor Noam Wasserman's book is the text for our e101 class at UBC. In The Founder's Dilemmas, Wasserman brings practical advice for entrepreneurs based on the serious company research he has done over the years. The most fundamental dilemma at the heart of the book is the conflict between two core entrepreneurial motivations: wealth and control. From early days in the business, entrepreneurs must think about whether they place greater stock in reaping cash or being in control of what they do with the business and when. The drive for wealth involves different company behaviours and decisions than a continued drive for control. Entrepreneurs need to be aware of which types of decisions they are making at each step and what the implications of these decisions are for the future of their ventures.  newtonco | Jun 21, 2014 |  no reviews | add a review
Amazon.com Product Description (ISBN 0691149135, Hardcover)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. (retrieved from Amazon Thu, 12 Mar 2015 18:14:02 -0400) No library descriptions found. |
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