The Very First Mistake Most Startup Founders Make
Founders face a wide range of decisions when building their startups: market decisions, product decisions, financing decisions, and many more. The temptation is to prioritize these choices over decisions about how to structure their own founding teams. That’s understandable, but perilous. Our research, forthcoming in Management Science, identifies one of those important pitfalls: founder equity splits, i.e., the way founders allocate the ownership amongst themselves … [ Read more ]
Content: Article | Author: Noam Wasserman | Source: “Harvard Business Review” | Subject: Entrepreneurship
How to Sink a Startup
Noam Wasserman, author of the recently released book “The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup,” discusses ill-advised entrepreneurial behavior. Also, an excerpt of the book.
Content: Article | Authors: Garry Emmons, Noam Wasserman | Source: “Harvard Business School (HBS) Working Knowledge” | Subject: Entrepreneurship
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 … [ Read more ]
Content: Book | Author: Noam Wasserman | Subject: Entrepreneurship