Starting a Startup

September 23, 2015

Read The Full Prompt

The thesis of our course is that early decisions that founders make have a disproportionate  impact on their ultimate success or failure. What pathways did they open? What chains did they forge around their own ankles?  Consider the choices that Jessica Matthews  of Uncharted Play, Lew Cirne of Wily, or Hillary Mallow of ProLabs made. Their choices resulted in stable or unstable business partnerships, years of sacrifice and struggle, loss of  control of their companies and even the destruction of a marriage.  In other situations early founding decisions have resulted  in  financial and personal success. The challenges founders face as a business matures can often be traced back to the seeds they sowed at the founding stage.

The founders we have studied often stumbled into these choices blindfolded – without much consideration of their implications or regard for their consequences. They often did not even recognize their decisions as choices. What observations can you share with entrepreneurs that are seeking co-founders and making their first commitments to the business? What questions still intrigue you?  What factors would you advice others to consider before taking the plunge into the ocean of possibilities that entrepreneurship offers? When should they persevere, when should they close the business?

Please limit your post to 500 words. include pictures, links to other sites and videos, if they make the entry more compelling. Remember that to make an impact, your entry has to be read by others. Try and make it visually appealing, provocative and thoughtful.  And,  please comment on the blog entries of others.  Your blog post will be accessible on the internet. It is due before 9 pm on September 22nd, 2015. We will be discussing a few of your posts in class on the 23rd.

Responses (55)

Beware of the B Word
Jose
Posted on September 21, 2015 at 6:38 pm
Thoughts on when to keep founders around if you're bringing in professional CEOs
To Found or Not To Found
Pipedreamer
Last modified on September 23, 2015 at 2:12 am
In my opinion, the most important thing to consider before plunging into starting a business is to question yourself, whether you are really built to be an entrepreneur. I am not talking about skill sets, savyness or even luck, but [...]
The sensation that you are just being empowered by others
Haruumi
Last modified on September 22, 2015 at 10:42 pm
What was common in the successful start-up was the capability of the founders to gain support from others, which, in my opinion, is the result of the ability to truly feel that you are just being empowered by them.