Most people admire self-made men and women – the Bill Gateses and Anita Roddicks who establish successful companies and reap a multitude of rewards. However, the path to start-up success is fraught with roadblocks, detours, washouts and dead ends. Harvard Business School professor Noam Wasserman identifies the common “founder’s dilemmas” and details their short- and long-term consequences. More specifically, he exposes the tacit tension that exists between creating wealth and maintaining control. This isn’t a quick read; it’s an in-depth, intelligent analysis based on 10 years of extensive research. At times, you may find yourself wishing for a bullet-point list. Yet getAbstract encourages would-be founders, entrepreneurs and venture capitalists to keep reading: You’ll find Wasserman’s insights and solutions well worth your time – and they may make the difference between your start-up’s success or failure.
In this summary, you will learn
- What common issues confront start-up founders,
- How decisions at critical junctures can affect your business’s new direction and
- How to balance retaining control with building wealth through your venture.
About the Author
Noam Wasserman, an associate professor at Harvard Business School, based his book on his award-winning course, “Founders’ Dilemmas.”
Comment on this summary
Contained in Knowledge Pack:
Knowledge PackStartupsGet helpful advice, effective tools and valuable information for your new business venture.
Customers who read this summary also read
Deborah Perry Piscione and David Crawley
David S. Rose
Little, Brown US, 2017