📈 ‘Founder mode’ - This has suddenly become the buzziest buzz term in the tech world, coined by @Paul Graham, co-founder of Y Combinator. It’s about running a company like a founder would, vs. ‘manager mode,’ where professional managers take over. Graham argues founder mode is far superior, especially in early-stage startups. He criticizes VCs and MBA graduates for mismanaging companies. 🧠 “Hire good people and give them room to do their jobs. Sounds great when it’s described that way, doesn’t it? Except in practice, judging from the report of founder after founder, what this often turns out to mean is: hire professional fakers and let them drive the company into the ground.” https://lnkd.in/eyWtgWEH 📍The piece reminds me of an interview with Vinod Khosla, then at Khosla Ventures, where he castigated venture capitalists for sitting on boards and attempting to manage companies without any real understanding of how to grow a business. 🤔I agree—founder mode is crucial in the early days, but once a company hits 100+ employees, the balance between founder and manager modes may begin to shift. And the transition can be hard. ❓Fellow agrifoodtech entrepreneurs, do you think this applies to our sector as well?
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𝟱 ‘𝗜𝗻𝘃𝗶𝘀𝗶𝗯𝗹𝗲’ 𝗦𝗸𝗶𝗹𝗹𝘀 𝘁𝗵𝗮𝘁 𝗠𝗮𝗸𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗘𝘅𝗲𝗰𝘀 𝗣𝗲𝗿𝗳𝗲𝗰𝘁 𝗳𝗼𝗿 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 Corporate executives might not seem like the perfect fit for startups. But there are “𝗶𝗻𝘃𝗶𝘀𝗶𝗯𝗹𝗲” skills they bring to the table that give them an edge. These are hard-won abilities they rarely talk about—because they’ve had to earn them the hard way. Here’s what makes them invaluable: 1. 𝗧𝗵𝗲 𝗔𝗿𝘁 𝗼𝗳 𝗨𝗻𝘀𝗲𝗲𝗻 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 ↳Executives often lead by stepping back. ↳They know how to let people do their thing. ↳They trust people, and trust builds startups. 2. 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗠𝗮𝗸𝗶𝗻𝗴 𝗶𝗻 𝗖𝗵𝗮𝗼𝘀 ↳Startups are messy. ↳It’s all about making quick calls, then adjusting. ↳You don’t wait for a plan to be perfect—you act. 3. 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗴𝗼 𝗧𝗿𝗮𝗽 ↳Startups require leaders who can let go of their egos. ↳Corporate life teaches you the hard way that ego is a career-killer. ↳In startups, it’s about the mission, not personal wins. 4. 𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝗶𝗻𝗴, 𝗡𝗼𝘁 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝗹𝗶𝗻𝗴 ↳Execs understand the value of letting people own their roles. ↳They know the difference between guiding and smothering. ↳In a startup, this autonomy is gold. 5. 𝗠𝗲𝗻𝘁𝗮𝗹 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 ↳Corporate life doesn’t go easy on anyone. ↳The ability to endure pressure, adapt, & keep going is vital. ↳That grit? Startups need it more than anything. These aren’t just skills—they’re survival instincts. And in the chaos of a startup, these instincts can be the difference between growth and burnout. ----- Feel free to share ♻️ to inspire others & follow me for more insights for entrepreneurs and executives.
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In the dynamic world of entrepreneurship, the roles of a leader and an investor are often spoken about in the same breath, yet they embody distinctly different responsibilities, mindsets, and contributions to a startup's journey. Understanding these differences is crucial for fostering strong relationships and steering a venture toward success. Leaders: Architects of Vision and Culture Leaders are the heart and soul of a startup. They are visionaries who dream big and set the direction of the company. But beyond vision, leaders are responsible for building and nurturing the company culture, a task as critical as any strategy. They are in the trenches, dealing with the day-to-day challenges, inspiring their teams, and making pivotal decisions that affect the immediate survival and long-term viability of the startup. Leaders are empathetic, resilient, and adaptable. They must navigate through uncertainty, motivate their team during tough times, and celebrate with them in times of success. Their primary investment is emotional and intellectual, alongside the time and effort they pour into their venture. Investors: Catalysts of Growth and Sustainability Investors, on the other hand, fuel the venture's growth with capital, resources, and sometimes, strategic advice. They are risk-takers but from a different perspective. Investors look at a startup with a critical eye, evaluating its potential for returns, scalability, and market fit. Their commitment is primarily financial, and their focus is on maximizing the return on their investment. Good investors bring more than just money to the table; they offer a wealth of experience, a network of contacts, and strategic insights that can help a startup navigate its growth phase. They're essential for scaling, but they operate from a distance, not involved in the day-to-day operations but deeply interested in the company's progress and performance. Synergy Over Separation While their roles and contributions differ significantly, leaders and investors share a common goal: the success of the startup. The most successful startups understand how to leverage the strengths of both leaders and investors. Leaders drive the company forward, embodying its values and vision, while investors provide the runway for the company to take off and reach new heights. Embracing the unique qualities of each can create a powerful synergy, propelling a startup toward achieving its vision and beyond. As we navigate the entrepreneurial ecosystem, let's celebrate and leverage these differences to foster innovation, growth, and long-term success. #Leadership #Investment #StartupGrowth #Entrepreneurship #BusinessStrategy
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Let me write about you in SUCCESS Magazine. This is an official call for sources (four people needed) for several articles I’m writing for my new SUCCESS column. Feel free to tag someone who may be a fit, or email me if you’re a fit. ——— *** I’m looking for a Startup Founder who runs their startup in “Manager Mode” — which is when a founder delegate tasks to others. *** I’m looking for a Startup Founder who runs their startup in “Founder Mode” — which is when a founder remains highly involved, even as the company scales. If you’re one of these types of Founders, email me at kimanzi @ uboraadvisory dot com Note: your startup must have made at least six figures in revenue. Revenue will need to be verified with documentation, but we WON’T use your revenue or other metrics in the article. ——— I’m also looking for two people who are experts in the VC/startup investing space. If that’s you, email me at kimanzi @ uboraadvisory dot com ——— If you’re unfamiliar, this article will be about Paul Graham’s Y Combinator blog post about how startups should be run.
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I recently read an insightful article by Praveen Gopal Krishnan on The Ken, and his observations about the current state of startups are worth a read. Praveen points out that many startups today are losing their excitement and ability to disrupt. The crucial question is: are these two issues connected, and how can we break this cycle? 🔍 Understanding the Disconnect: Startups are supposed to be the epitome of innovation and fun. However, the relentless pressures of growth, funding, and competition often turn them into just another job, draining the enthusiasm and stifling the innovation that should be at their core. 💼 Who's Responsible? The responsibility lies with leadership. Founders and executives set the cultural and operational tone. When the focus shifts too heavily towards short-term gains, the creative spark essential for true innovation gets overshadowed. 🔧 Here's how I feel we can break this cycle 1. Reignite Passion: We need to foster a culture that celebrates experimentation and learning. Embrace failure as a stepping stone to success. This approach not only makes the work environment more enjoyable but also encourages out-of-the-box thinking. 2. Balanced Goals: Aligning immediate tasks with long-term vision is crucial. It’s essential to ensure that day-to-day pressures do not crush the innovative spirit. By setting realistic yet ambitious goals, startups can maintain a balance between urgent tasks and creative exploration. 3. Empower Teams: Grant autonomy to teams to explore and innovate. Often, the most disruptive ideas come from those who are deeply immersed in solving real problems. Empowered teams are more likely to take ownership of their projects and push boundaries. 💡 Moving Forward: It's time for startups to reclaim their spirit of fun and innovation. By fostering a culture that celebrates creativity and experimentation, we can break the cycle and pave the way for truly disruptive products and experiences. What are your thoughts? How can startups better balance fun and innovation? 💡👇 #Startups #Innovation #Leadership #Entrepreneurship #Culture #Disruption #theKen #Workculture
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"𝐓𝐡𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐇𝐲𝐩𝐞: 𝐀𝐫𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐑𝐞𝐚𝐥𝐥𝐲 𝐁𝐞𝐭𝐭𝐞𝐫 𝐓𝐡𝐚𝐧 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬?" There’s a popular belief that startups offer unmatched opportunities for growth, innovation, and excitement. While that might be true in some cases, startups aren’t always better than established companies, and here’s why: 𝟏. 𝐒𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐯𝐬. 𝐔𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲: Startups often come with volatility. While they offer a dynamic environment, job security can be unpredictable. Established companies, on the other hand, provide stability, clear career paths, and structured growth. 𝟐. 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬: Established companies have the financial and operational resources to allow employees to focus on what they do best. Startups, with limited resources, often require employees to wear multiple hats, which can lead to burnout. 𝟑. 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬 𝐚𝐧𝐝 𝐌𝐞𝐧𝐭𝐨𝐫𝐬𝐡𝐢𝐩: Large organizations have well-developed processes and offer mentorship, providing a more defined framework for personal development. Startups, though energetic, may lack this structure, making consistent growth a challenge. 𝟒. 𝐖𝐨𝐫𝐤-𝐋𝐢𝐟𝐞 𝐁𝐚𝐥𝐚𝐧𝐜𝐞: The hustle culture in startups often leads to blurred boundaries between work and personal life. Established companies typically offer clearer work-life balance policies. 𝟓. 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: It's a myth that only startups innovate. Many large organizations drive cutting-edge innovations, backed by infrastructure to support long-term impact. 𝐖𝐡𝐢𝐥𝐞 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞𝐢𝐫 𝐜𝐡𝐚𝐫𝐦, 𝐭𝐡𝐞 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐬𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲, 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬, 𝐚𝐧𝐝 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐝 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐞𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐬𝐡𝐨𝐮𝐥𝐝𝐧’𝐭 𝐛𝐞 𝐨𝐯𝐞𝐫𝐥𝐨𝐨𝐤𝐞𝐝. 𝐓𝐡𝐞 𝐤𝐞𝐲 𝐢𝐬 𝐭𝐨 𝐜𝐡𝐨𝐨𝐬𝐞 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐠𝐨𝐚𝐥𝐬 𝐚𝐧𝐝 𝐠𝐫𝐨𝐰𝐭𝐡. What do you think? #startup #company #ceo #corporate #founder
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𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗗𝗼𝗻’𝘁 𝗙𝗮𝗶𝗹 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗟𝗮𝗰𝗸 𝗼𝗳 𝗙𝘂𝗻𝗱𝗶𝗻𝗴—𝗧𝗵𝗲𝘆 𝗙𝗮𝗶𝗹 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗧𝗵𝗶𝘀… 𝘞𝘩𝘦𝘯 𝘢 𝘴𝘵𝘢𝘳𝘵𝘶𝘱 𝘴𝘩𝘶𝘵𝘴 𝘥𝘰𝘸𝘯, 𝘵𝘩𝘦 𝘯𝘢𝘳𝘳𝘢𝘵𝘪𝘷𝘦 𝘰𝘧𝘵𝘦𝘯 𝘳𝘦𝘷𝘰𝘭𝘷𝘦𝘴 𝘢𝘳𝘰𝘶𝘯𝘥 𝘰𝘯𝘦 𝘵𝘩𝘪𝘯𝘨: “𝘞𝘦 𝘳𝘢𝘯 𝘰𝘶𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺.” 𝘉𝘶𝘵 𝘩𝘦𝘳𝘦’𝘴 𝘵𝘩𝘦 𝘵𝘳𝘶𝘵𝘩: 𝘓𝘢𝘤𝘬 𝘰𝘧 𝘧𝘶𝘯𝘥𝘪𝘯𝘨 𝘪𝘴𝘯’𝘵 𝘵𝘩𝘦 𝘳𝘰𝘰𝘵 𝘤𝘢𝘶𝘴𝘦 𝘰𝘧 𝘧𝘢𝘪𝘭𝘶𝘳𝘦. 𝘐𝘵’𝘴 𝘫𝘶𝘴𝘵 𝘢 𝘴𝘺𝘮𝘱𝘵𝘰𝘮. 𝘛𝘩𝘦 𝘳𝘦𝘢𝘭 𝘳𝘦𝘢𝘴𝘰𝘯𝘴 𝘴𝘵𝘢𝘳𝘵𝘶𝘱𝘴 𝘧𝘢𝘪𝘭 𝘰𝘧𝘵𝘦𝘯 𝘨𝘰 𝘥𝘦𝘦𝘱𝘦𝘳, 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘬𝘯𝘰𝘸 𝘪𝘵 𝘵𝘰𝘰. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 5 𝘀𝗶𝗹𝗲𝗻𝘁 𝗸𝗶𝗹𝗹𝗲𝗿𝘀 𝘁𝗵𝗮𝘁 𝗱𝗲𝘀𝘁𝗿𝗼𝘆 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 (𝗮𝗻𝗱 𝗵𝗼𝘄 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗰𝗮𝗻 𝘀𝗽𝗼𝘁 𝘁𝗵𝗲𝗺 𝗲𝗮𝗿𝗹𝘆): 1️⃣ 𝗣𝗼𝗼𝗿 𝗣𝗿𝗼𝗯𝗹𝗲𝗺-𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗙𝗶𝘁 🚫 The Trap: Building a product no one actually needs or cares about. 👉 For Founders: Validate your idea before you invest time and money. 👉 For Investors: Dig into whether the problem being solved is real and urgent for the target audience. 2️⃣ 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗪𝗵𝗼 𝗔𝘃𝗼𝗶𝗱 𝗛𝗮𝗿𝗱 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻𝘀 🚫 The Trap: Ignoring team conflicts, misaligned goals, or strategic disagreements. 👉 For Founders: Build a culture of transparency and accountability from day one. 👉 For Investors: Look for founders who are open about challenges, not just successes. 3️⃣ 𝗖𝗵𝗮𝘀𝗶𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝗿𝗼𝗱𝘂𝗰𝘁-𝗠𝗮𝗿𝗸𝗲𝘁 𝗙𝗶𝘁 🚫 The Trap: Scaling too quickly without a solid product foundation. 👉 For Founders: Obsess over customer feedback before thinking about growth. 👉 For Investors: Assess retention metrics and customer loyalty—not just growth curves. 4️⃣ 𝗣𝗼𝗼𝗿 𝗖𝗮𝘀𝗵 𝗙𝗹𝗼𝘄 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 🚫 The Trap: Burning through cash without a clear roadmap to profitability. 👉 For Founders: Treat cash like oxygen. Make every dollar count. 👉 For Investors: Evaluate how founders think about runway, burn rate, and financial discipline. 5️⃣ 𝗨𝗻𝗱𝗲𝗿𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 🚫 The Trap: Believing that being first or “unique” is enough. 👉 For Founders: Be paranoid. Always know what your competitors are doing—and plan accordingly. 👉 For Investors: Look for founders who have a strategy to win in crowded or competitive markets. 💡 𝗧𝗵𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: Startups don’t fail overnight. The signs are often there, but they’re ignored until it’s too late. 📌 𝗧𝗼 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀: Focus on fixing these silent killers before chasing the next round of funding. 📌 𝗧𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: Ask the hard questions that uncover these risks early on. ----- ♻️Like, Comment, Share Follow Startup Vencha for more, Stop Thinking & Start Doing.
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🚀 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐒𝐮𝐫𝐯𝐢𝐯𝐚𝐥: 𝐓𝐡𝐞 𝟒 𝐁𝐢𝐠 𝐑𝐢𝐬𝐤𝐬 𝐄𝐯𝐞𝐫𝐲 𝐅𝐨𝐮𝐧𝐝𝐞𝐫 𝐅𝐚𝐜𝐞𝐬 Starting a company can feel like setting out to conquer new territory, but the reality is... not all startups make it to the promised land. Here’s a roadmap of the four key risks that can make or break your startup’s journey to success: 1) 𝑹&𝑫 𝑹𝒊𝒔𝒌: 𝑻𝒉𝒆 "𝑼𝒏𝒊𝒄𝒐𝒓𝒏 𝑯𝒖𝒏𝒕" 🦄 For startups that need a major R&D breakthrough, this is the toughest (and riskiest!) part. Imagine hunting for a unicorn on a tight deadline! Solutions are hard to find, and investors often steer clear of startups taking on this big unknown. Only a few brave (and well-funded) companies go all-in on R&D without guaranteed results. 2) 𝑬𝒏𝒈𝒊𝒏𝒆𝒆𝒓𝒊𝒏𝒈 𝑹𝒊𝒔𝒌: 𝑩𝒖𝒊𝒍𝒅𝒊𝒏𝒈 𝒕𝒉𝒆 𝑫𝒓𝒆𝒂𝒎 ✨ Now, let’s say the scientific part is done, but can you actually build something people want? Engineering risk isn’t as high as R&D, especially with skilled developers on board, but it’s all about turning theory into a product that works. Investors are keen to see a team that’s done it before and has the chops to make a solution real. 3) 𝑴𝒂𝒓𝒌𝒆𝒕 𝑹𝒊𝒔𝒌: 𝑻𝒉𝒆 "𝑾𝒊𝒍𝒍 𝑻𝒉𝒆𝒚 𝑳𝒐𝒗𝒆 𝒊𝒕?" 𝑭𝒂𝒄𝒕𝒐𝒓 💔 Here’s where many startups crash and burn. You’ve got a product, but will anyone actually buy it? Developing a product based on personal assumptions without real customer validation is a risky bet. This is why investors crave proof of early market traction - if people want what you’re offering, that’s when things get exciting. 4) 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑹𝒊𝒔𝒌: 𝑺𝒄𝒂𝒍𝒊𝒏𝒈 𝒕𝒉𝒆 𝑴𝒂𝒈𝒊𝒄 🧙 Even the best product and a ready market can’t save a company if it doesn’t scale. Operational risk comes into play when founders can’t handle the complexities of growth. Experienced founders are essential here. Sometimes, investors even replace less experienced founders to ensure the company scales without burning out or going broke. 𝑺𝒐 𝑾𝒉𝒚 𝑫𝒐 𝑺𝒕𝒂𝒓𝒕𝒖𝒑𝒔 𝑭𝒂𝒊𝒍? 🤔 In my view: 30% stumble over product challenges 50% miss the mark on market need 20% get derailed by operational pitfalls The takeaway? Know your risks, quantify them, and get ahead of them. If you understand your startup's risks, you’re already one step closer to success. #startups #entrepreneurship #businessgrowth
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SMEs and Start ups - Emerging Starting a new venture is an exhilarating journey filled with potential, but it’s also fraught with challenges that can test even the most resilient entrepreneurs. One of the most significant hurdles is securing funding. Many startups struggle to attract investors, especially in competitive markets where numerous innovative ideas vie for attention. Beyond financial backing, startups often face the daunting task of building a robust team. Assembling a group of talented individuals who share the same vision and can adapt to the dynamic startup environment is critical for long-term success. The pressure to scale quickly while maintaining quality can also lead to burnout among team members, making it essential for founders to cultivate a supportive company culture. Another pressing challenge is navigating market uncertainty. Startups must be agile, adapting their strategies based on consumer feedback and shifting industry trends. This requires not just a deep understanding of the market landscape but also a willingness to pivot when necessary. Additionally, startups often grapple with establishing a strong brand presence amidst established competitors. Effective marketing and customer engagement strategies are crucial for capturing market share and building loyalty. Ultimately, while the road to startup success is paved with obstacles, it also presents invaluable opportunities for innovation and growth. Entrepreneurs who can navigate these challenges with resilience and creativity will not only survive but thrive in the ever-evolving business ecosystem. #insightful #SMEs #Business #Startups
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🚀 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗗𝗼𝗻’𝘁 𝗙𝗮𝗶𝗹 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗟𝗮𝗰𝗸 𝗼𝗳 𝗙𝘂𝗻𝗱𝗶𝗻𝗴—𝗧𝗵𝗲𝘆 𝗙𝗮𝗶𝗹 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗧𝗵𝗶𝘀… 𝘞𝘩𝘦𝘯 𝘢 𝘴𝘵𝘢𝘳𝘵𝘶𝘱 𝘴𝘩𝘶𝘵𝘴 𝘥𝘰𝘸𝘯, 𝘵𝘩𝘦 𝘯𝘢𝘳𝘳𝘢𝘵𝘪𝘷𝘦 𝘰𝘧𝘵𝘦𝘯 𝘳𝘦𝘷𝘰𝘭𝘷𝘦𝘴 𝘢𝘳𝘰𝘶𝘯𝘥 𝘰𝘯𝘦 𝘵𝘩𝘪𝘯𝘨: “𝘞𝘦 𝘳𝘢𝘯 𝘰𝘶𝘵 𝘰𝘧 𝘮𝘰𝘯𝘦𝘺.” 𝘉𝘶𝘵 𝘩𝘦𝘳𝘦’𝘴 𝘵𝘩𝘦 𝘵𝘳𝘶𝘵𝘩: 𝘓𝘢𝘤𝘬 𝘰𝘧 𝘧𝘶𝘯𝘥𝘪𝘯𝘨 𝘪𝘴𝘯’𝘵 𝘵𝘩𝘦 𝘳𝘰𝘰𝘵 𝘤𝘢𝘶𝘴𝘦 𝘰𝘧 𝘧𝘢𝘪𝘭𝘶𝘳𝘦. 𝘐𝘵’𝘴 𝘫𝘶𝘴𝘵 𝘢 𝘴𝘺𝘮𝘱𝘵𝘰𝘮. 𝘛𝘩𝘦 𝘳𝘦𝘢𝘭 𝘳𝘦𝘢𝘴𝘰𝘯𝘴 𝘴𝘵𝘢𝘳𝘵𝘶𝘱𝘴 𝘧𝘢𝘪𝘭 𝘰𝘧𝘵𝘦𝘯 𝘨𝘰 𝘥𝘦𝘦𝘱𝘦𝘳, 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘬𝘯𝘰𝘸 𝘪𝘵 𝘵𝘰𝘰. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 5 𝘀𝗶𝗹𝗲𝗻𝘁 𝗸𝗶𝗹𝗹𝗲𝗿𝘀 𝘁𝗵𝗮𝘁 𝗱𝗲𝘀𝘁𝗿𝗼𝘆 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 (𝗮𝗻𝗱 𝗵𝗼𝘄 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗰𝗮𝗻 𝘀𝗽𝗼𝘁 𝘁𝗵𝗲𝗺 𝗲𝗮𝗿𝗹𝘆): 1️⃣ 𝗣𝗼𝗼𝗿 𝗣𝗿𝗼𝗯𝗹𝗲𝗺-𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗙𝗶𝘁 🚫 The Trap: Building a product no one actually needs or cares about. 👉 For Founders: Validate your idea before you invest time and money. 👉 For Investors: Dig into whether the problem being solved is real and urgent for the target audience. 2️⃣ 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗪𝗵𝗼 𝗔𝘃𝗼𝗶𝗱 𝗛𝗮𝗿𝗱 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻𝘀 🚫 The Trap: Ignoring team conflicts, misaligned goals, or strategic disagreements. 👉 For Founders: Build a culture of transparency and accountability from day one. 👉 For Investors: Look for founders who are open about challenges, not just successes. 3️⃣ 𝗖𝗵𝗮𝘀𝗶𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝗿𝗼𝗱𝘂𝗰𝘁-𝗠𝗮𝗿𝗸𝗲𝘁 𝗙𝗶𝘁 🚫 The Trap: Scaling too quickly without a solid product foundation. 👉 For Founders: Obsess over customer feedback before thinking about growth. 👉 For Investors: Assess retention metrics and customer loyalty—not just growth curves. 4️⃣ 𝗣𝗼𝗼𝗿 𝗖𝗮𝘀𝗵 𝗙𝗹𝗼𝘄 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 🚫 The Trap: Burning through cash without a clear roadmap to profitability. 👉 For Founders: Treat cash like oxygen. Make every dollar count. 👉 For Investors: Evaluate how founders think about runway, burn rate, and financial discipline. 5️⃣ 𝗨𝗻𝗱𝗲𝗿𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 🚫 The Trap: Believing that being first or “unique” is enough. 👉 For Founders: Be paranoid. Always know what your competitors are doing—and plan accordingly. 👉 For Investors: Look for founders who have a strategy to win in crowded or competitive markets. 💡 𝗧𝗵𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: Startups don’t fail overnight. The signs are often there, but they’re ignored until it’s too late. 📌 𝗧𝗼 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀: Focus on fixing these silent killers before chasing the next round of funding. 📌 𝗧𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: Ask the hard questions that uncover these risks early on. 💬 𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗰𝗼𝗺𝗺𝗼𝗻 𝗿𝗲𝗮𝘀𝗼𝗻 𝘆𝗼𝘂’𝘃𝗲 𝘀𝗲𝗲𝗻 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗳𝗮𝗶𝗹? 𝗟𝗲𝘁’𝘀 𝗱𝗶𝘀𝗰𝘂𝘀𝘀 𝗯𝗲𝗹𝗼𝘄! #StartupFailure #InvestorInsights #VCWisdom #AngelInvesting #Entrepreneurship #StartupLessons
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𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗳 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘁𝗶𝗲𝘀 𝗼𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Recent research highlights the crucial role of founder personalities in determining startup success. This study, which analyzed a global sample of 𝟮𝟭,𝟭𝟴𝟳 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀, reveals how specific personality traits and diverse founder teams contribute to the success of new ventures. Key findings include: 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Startups with larger, personality-diverse teams demonstrate a higher likelihood of success, underscoring the practical benefits of incorporating varied personality traits within the founding team. 𝗞𝗲𝘆 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘁𝘆 𝗧𝗿𝗮𝗶𝘁𝘀: Successful founders often exhibit traits like adventurousness, openness to new experiences, and high activity levels that distinguish them from the general population. 𝗖𝗼𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝗿𝘆 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘁𝗶𝗲𝘀: The presence of complementary personality types, such as leaders, developers, and engineers, within founder teams enhances the chances of startup success. 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗳 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘁𝘆 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆: The combination of different personality traits in founder teams significantly correlates with higher success rates, highlighting the importance of team composition. Source (Nature Portfolio): Scientific Reports 13, 7200 (2023) #StartupSuccess #FounderPersonality #Entrepreneurship #TeamDiversity #Innovation #BusinessGrowth #Leadership #VentureCapital #TechStartups #EntrepreneurshipResearch
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Founder at ID Capital
2moPhil Morle B. Paul Santos Tim Heasley Sebastien Pascual Sanjeev Krishnan Mark Kahn Adam Anders Nadav Berger Rosie Wardle Anthony Chow, CFA Hian Goh Ling Min Hoon Amy Novogratz Zheng Xiang CHAN Yoonmin Cho Claire Pribula Matilda Ho Tao Zhang Ritu Verma Dave Chen John Cheng Gil Horsky