
The Founder's Dilemmas
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Narrated by:
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Mark Mosely
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By:
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Noam Wasserman
About this listen
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.
Download the accompanying reference guide.©2012 Princeton University Press (P)2012 Audible, Inc.Listeners also enjoyed...
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Story
Here is the best-selling guide that created a new game plan for marketing in high-tech industries. Crossing the Chasm has become the bible for bringing cutting-edge products to progressively larger markets. This edition provides new insights into the realities of high-tech marketing, with special emphasis on the Internet. It's essential reading for anyone with a stake in the world's most exciting marketplace.
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Outdated
- By Rebecca Savage on 01-05-15
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The SaaS Playbook
- Build a Multimillion-Dollar Startup Without Venture Capital
- By: Rob Walling
- Narrated by: Rob Walling
- Length: 4 hrs and 14 mins
- Unabridged
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Learn how to compete against large competitors and structure your pricing for maximum growth. Discover the four SaaS Cheat Codes that can dramatically accelerate your business's success. Learn how to avoid common mistakes that SaaS founders make and identify the right marketing approaches for your business.
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Solid
- By Phil Williams on 12-14-23
By: Rob Walling
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Tiny Business, Big Money
- Strategies for Creating a High-Revenue Microbusiness
- By: Elaine Pofeldt
- Narrated by: Elaine Pofeldt
- Length: 7 hrs and 57 mins
- Unabridged
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Small business specialist Elaine Pofeldt offers her blueprint for getting a running start with your microbusiness—that is, a business with no more than four employees, including yourself. Following her previous book, The Million-Dollar, One-Person Business, Pofeldt shows listeners the steps toward their next entrepreneurial venture, including testing an idea’s market viability while limiting risk, finding cash without giving up control, protecting your personal time and avoiding burn out, and knowing when it is time to start micro-scaling.
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Great - but where's the PDF
- By Mike on 01-10-23
By: Elaine Pofeldt
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How Google Works
- By: Eric Schmidt, Jonathan Rosenberg, Alan Eagle
- Narrated by: Holter Graham, Jonathan Rosenberg
- Length: 9 hrs and 47 mins
- Unabridged
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Google Executive Chairman and ex-CEO Eric Schmidt and former SVP of Products Jonathan Rosenberg came to Google over a decade ago as proven technology executives. At the time, the company was already well-known for doing things differently, reflecting the visionary - and frequently contrarian - principles of founders Larry Page and Sergey Brin. If Eric and Jonathan were going to succeed, they realized they would have to relearn everything they thought they knew about management and business.
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Painfully ignorant
- By kameir on 10-13-14
By: Eric Schmidt, and others
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Lost and Founder
- A Painfully Honest Field Guide to the Startup World
- By: Rand Fishkin
- Narrated by: Rand Fishkin
- Length: 9 hrs and 1 min
- Unabridged
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Rand Fishkin, the founder and former CEO of Moz, reveals how traditional Silicon Valley "wisdom" leads far too many startups astray, with the transparency and humor that his hundreds of thousands of blog readers have come to love. Everyone knows how a startup story is supposed to go: A young, brilliant entrepreneur has a cool idea, drops out of college, defies the doubters, overcomes all odds, makes billions, and becomes the envy of the technology world. This is not that story. It's not that things went badly for Rand Fishkin; they just weren't quite so Zuckerberg-esque.
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Stopped reading - politics in a non-political book
- By T on 10-17-19
By: Rand Fishkin
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Inspired (2nd Edition)
- How to Create Tech Products Customers Love
- By: Marty Cagan
- Narrated by: Marty Cagan
- Length: 8 hrs and 46 mins
- Unabridged
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How do today's most successful tech companies—Amazon, Google, Facebook, Netflix, Tesla—design, develop, and deploy the products that have earned the love of literally billions of people around the world? Perhaps surprisingly, they do it very differently than most tech companies. In Inspired, technology product management thought leader Marty Cagan provides listeners with a master class in how to structure and staff a vibrant and successful product organization, and how to discover and deliver technology products that your customers will love—and that will work for your business.
By: Marty Cagan
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The Mom Test
- How to Talk to Customers & Learn If Your Business Is a Good Idea When Everyone Is Lying to You
- By: Rob Fitzpatrick
- Narrated by: Rob Fitzpatrick
- Length: 3 hrs and 50 mins
- Unabridged
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They say you shouldn't ask your mom whether your business is a good idea, because she loves you and will lie to you. This is technically true, but it misses the point. You shouldn't ask anyone if your business is a good idea. It's a bad question, and everyone will lie to you at least a little. As a matter of fact, it's not their responsibility to tell you the truth. It's your responsibility to find it, and it's worth doing right.
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Very insightful
- By jere on 10-26-21
By: Rob Fitzpatrick
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The Antidote
- Inside the World of New Pharma
- By: Barry Werth
- Narrated by: Sean Pratt
- Length: 16 hrs and 27 mins
- Unabridged
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In 1989, the charismatic Joshua Boger left Merck, then America's most admired business, to found a drug company that would challenge industry giants and transform health care. Barry Werth described the company's tumultuous early days during the AIDS crisis in The Billion-Dollar Molecule, a celebrated classic of science and business journalism. Now he returns to tell a riveting story of Vertex's bold endurance and eventual success.
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For me this was not interesting
- By Yan on 06-26-17
By: Barry Werth
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Founder vs Investor
- The Honest Truth About Venture Capital from Startup to IPO
- By: Elizabeth Joy Zalman, Jerry Neumann
- Narrated by: Elizabeth Joy Zalman, Jerry Neumann, Andrew Magnusson
- Length: 6 hrs and 56 mins
- Unabridged
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Every iconic tech company was once a startup. And while these companies like to paint an origin story full of surefooted confidence, the truth is usually something different: the early life of most startups is pure chaos. This chaos comes from the vastly different motivations and incentives between those with the vision and those with the money. From fundraising paranoia to boardroom coups, Zalman and Neumann train their inimitable voices on the gulf between what founders and investors promise to do and what they end up actually doing.
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Useful and enlightening
- By Chr. G on 11-02-24
By: Elizabeth Joy Zalman, and others
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Zero to One
- Notes on Startups, or How to Build the Future
- By: Peter Thiel, Blake Masters
- Narrated by: Blake Masters
- Length: 4 hrs and 50 mins
- Unabridged
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The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.
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Seems Insightful Until You Think A Little Deeper
- By Mark Brandon on 10-31-14
By: Peter Thiel, and others
A comprehensive and precise reference, a must read for any start up founder
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Essential
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Must Read for Founder's
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foundational
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The summary chapter would have sufficed.
It's a lot of data, but little advice on how to actually set up a company so that you as a founder can actually plan to avoid the dillemas.
Too long
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Monotone/boring
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gets repetitive, but very useful insights
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A very informative book on starting a startup
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If you could sum up The Founder's Dilemmas in three words, what would they be?
Bad decision prevention.What did you learn from The Founder's Dilemmas that you would use in your daily life?
This book has given me a very good basis for taking decisions on my own fledgeling startup. It was on one hand reinforcing existing gut feelings (like preferring a dynamic over a static equity split) and also eye-opening (like what can happen when you take money from friends & family).Any additional comments?
This book is rich in content and charts. The first makes for a great, educational listening experience. The latter not so much. There are plentiful references in the book to figure x and chart y. But this here is an _audio_book. If extra thought had been given how to make this aspect of the book more digestible, I would have gladly given 5 stars. As it stands, this makes it 4.Parenting 101 for your startup baby
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Amazing research done
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