chapter one

1 How does a Founder think?

 

If you get near a startup, you are likely to hear the term founder thrown around quite a lot, tinged with reverence, respect, admiration, or even jealousy. When you consider starting or running a company, really understanding all the implications of how founders think will be critical. I was a founder at seven of the nine startups I have been part of. All nine had founders I had to interact with and try to manage. Some were led and driven by the founder or founders, while others were mortally wounded by founders gone awry.

To help you get the necessary understanding of founder, I’ll go through the following list of questions and answers based on my experience.

  • What is a founder?
  • How do founders found a new startup?
  • How and when do people get the title founder?
  • What is the role of a founder in a startup?
  • Why is there usually reverence, respect, or admiration for founders?
  • Why is there sometimes jealousy towards founders?
  • Can founders become a negative force within a startup?
  • Is there a legal component in a founder’s title or role?

1.1 What is a founder?

1.2 How do founders found a new startup?

1.3 How and when do people get the title founder?

1.4 What is the role of a founder in a startup?

1.5 Why is there usually reverence, respect, or admiration for founders?

1.6 Why is there sometimes jealousy towards founders?

1.7 Can founders become a negative force within a startup?

1.8 Is there a legal component in a founder’s title or role?