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

October 24, 2012 by Timothy Bosworth in Books, Entrepreneur, Passion with 0 Comments

Interesting book worth reading called The Founder’s Dilemmas noam wasserman The main takeaway is that:

A founder must repeatedly make a choice between optimizing for building value (rich) or maintaining control (king).

Attempting to optimize decisions for both control and value is likely to put them both out of reach. Your best options in selecting co-founders, early hires, funding, preferred rate of growth, and even your type of business are all determined by this trade-off. Understanding your motivations for starting a business in the first place will allow you to consistently make the right decisions. Buy from Amazon

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