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The Founder's Dilemmas Hörbuch

The Founder's Dilemmas

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Inhaltsangabe

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 10,000 founders. People problems are the leading cause of failure in startups. This book offers solutions.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

Download the accompanying reference guide.

©2012 Princeton University Press (P)2012 Audible, Inc.

Kritikerstimmen

"[A] seminal work.... Sure to be required reading in business school curricula, this illuminating and captivating read will also appeal to aspiring entrepreneurs or founders who want to make better decisions in existing ventures." (Publishers Weekly)

"Ten years of extensive research combined with winning case studies make this a trustworthy source not only for the potential startup owner but also for the classroom." (Library Journal)

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    "Raises important points in way too many words"

    This book does provide some important tips and insides into the decisions a founder faces. It has good supporting data and good argumentations. But it is way too verbose. The same content could have been said much quicker and partly, obvious common sense subjects are discussed at length. The book is too boring and I only recommend it if you have not found anything better.

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