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Advice to First-Time Founders
- toumhi 12y agoGood stuff about having a North Star, something that gets you up in the morning, why you're doing this in the first place. I've worked on too many projects that were very tactical just because it sounded like a good niche opportunity at the time. When time comes to doing the boring and difficult work (and it always does) you don't want not to be passionate about what you do. I know it sounds like a cliché, but it's true. When you run a website for making gift certificate templates and you frankly don't give a damn about it, it's hard to get up in the morning and keep writing these articles, reaching out to small business bloggers or the million things you need to do to promote a website. So choose your North Star wisely.
- kordless 12y ago> Even if it's a $100 million business, if the company is not growing things will stall. People will start to leave. It'll be over. I think it's time we (the people actually spending the sweat equity) start considering alternatives to these unreasonable expectations we blow up our companies to make them worth BILLIONS. That's an impossible task for all startups to accomplish and making it seem that it's possible is not good advice, IMHO. Besides, people leave when they are ready to go, even in a successful startup. If you look at older companies, the founding teams left long ago because they got bored or rich, or both.