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The Founder's Dilemmas : anticipating and avoiding the pitfalls that can sink a startup| / Noam Wasserman [Texto impreso]

Language: English Series: (The kauffman foundation series on innovation and entrepreneurship)Publisher: Princeton; Oxford ; Princeton University Press, cop. 2012Description: ix, 480 p. ; 24 cmISBN: 978-0-691-15830-3Subject(s): Empresas nuevas

| Emprendedores

| Negocios

Contents:

List of Illustrations ; Part I: Introduction and Pre-founding ; Chapter One: Introduction Chapter Two: Career Dilemmas ; Part II: Founding Team Dilemmas ; Chapter Three: The Solo-versus-Team Dilemma ; Chapter Four: Relationship Dilemmas: Flocking Together and Playing with Fire ; Chapter Five: Role Dilemmas: Positions and Decision Making ; Chapter Six: Reward Dilemmas: Equity Splits and Cash Compensation ; Chapter Seven: The Three RsSystem: Alignment and Equilibrium ; Part III: Beyond the Founding Team: Hires and Investors ; Chapter Eight: Hiring Dilemmas: The Right Hires at the Right Time ; Chapter Nine: Investor Dilemmas: Adding Value, Adding Risks ; Chapter Ten: Failure, Success, and Founder-CEO Succession ; Part IV: Conclusion 329 Chapter Eleven: Wealth-versus-Control Dilemmas ; Acknowledgments ; Appendix A: Quantitative Data ; Appendix B: Summary of Startups and People ; Notes ; Bibliography ; Index

Abstract: 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 its eventual ruin. The Founder's Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term. The Founder's Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders. People problems are the leading cause of failure in startups. This book offers solutions.

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Title notes

Item type	Current location	Collection	Call number	Status	Date due	Barcode	Course reserves
Libro	Biblioteca Universidad Europea del Atlántico Fondo General	No ficción	658.1 WAS fou	Available		2303	Economía de la Empresa y Emprendedores

Bibliogr.: p.451-465 e índice

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 its eventual ruin. The Founder's Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term. The Founder's Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost ten thousand founders. People problems are the leading cause of failure in startups. This book offers solutions.