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Lesser Known Traits of Successful Founders
- jonpaul 16y agoI couldn't emphasize the part on focus. If you can't focus, you got problems. It seems to me that a lot of entrepreneurs suffer from entrepreneurial ADD. I've noticed that that's one key differences between those who succeed and those who don't.
- joshuacc 16y agoI suspect that there is a higher than normal occurrence of actual ADD in tech businesses. Edit: Not sure why, but it looks like somebody decided that every comment on this post was worthy of a downvote. Seems strange.
- enjo 16y agoI've said it before and I'll say it again. There is one and only one trait that I've seen in common between successful founders: Great founders are obsessively analytical. Plain and simple.
- rwalling 16y agoI've known many founders who don't have this trait. There's no single trait that all founders share.
- astrofinch 16y agoNitpick: enjo referred only to successful founders.
- krschultz 16y ago"We all know the guy who moves from one idea to the next and never finishes anything. He’s freakishly smart, but leaves a trail of half-finished carnage in his wake. Staying focused is a huge part of being successful."
- theli0nheart 16y agoMark Zuckerberg fits this description perfectly, at least from what I glean before he started Facebook. Facebook just took off so quickly that he couldn't get bored of it.
- ancornwell 16y agoActual Lesser Known Traits of Successful Founders: 1. Private high school 2. Supportive parents/mentors/friends (most likely parents, if on the younger side) 3. Sleep deprived, yet energetic 4. Addiction-prone 5. Nothing to lose Just a few trends I have noticed over the past year.
- joshuacc 16y agoA spouse capable of financially supporting the founder while things are starting out seems common as well.
- ancornwell 16y agoAlso a very good point. Being surrounded by supportive people improves focus for sure.
- timr 16y agoI don't think a private high school education is necessarily universal, but in my experience a lot of founders in the valley are from wealthy (or at least, extremely upper-middle-class) backgrounds. You rarely see founders who put themselves through college by working at pizza joints -- those dudes are working for the guys who went to Harvard via trust fund. It's a little-discussed phenomena amongst the yammering classes, but a lot of startup founders have nothing to lose but pride.
- dennykmiu 16y agoThere is an old saying in my home country that basically says, "getting your hair wet.". The idea is that as you are washing your hair, you will slowly come to a point when you have shampoo on your head. That's when you know you are fully committed and there is only one acceptable outcome, otherwise you look silly no matter how much you try to explain your predicament. In my experience as an entrepreneur, the hard part is getting to that point of no return and the even harder part is to get out. Most people who wants to be entrepreneur but never do is because they are too rational to put themselves in that predicament. But as Yoda would say, "you do or you don't, but you must get wet first." I love this article. Good luck everyone.
- mdg 16y ago> Try not. Do or do not, there is no try Is what the Jedi master said (RIP).
- stevederico 16y ago"I have a rule that I never spend money on an idea in the first 48 hours." waiting 2-3 days before moving forward is also a great tip.