In this beginner’s guide to start-ups, Sam Altman of start-up accelerator Y Combinator presents a frank account of what to expect when you launch a new business. He reveals common mistakes that founders make, such as not having a viable idea or trying to sell a product that customers don’t love. He also describes the skills and personality traits a founder must have to drive a start-up to success and explains how to avoid becoming demoralized in the process. getAbstract recommends this playbook to anyone who would like a realistic view of how start-ups work.
In this summary, you will learn
- What skills and traits a start-up founder should have,
- How to tell if your idea or product is good enough, and
- How to make your start-up profitable.
About the Author
Sam Altman is an entrepreneur, programmer, blogger, venture capitalist and the president of Y Combinator, a successful US start-up.