"—Choice, "[A] uniquely valuable resource for any entrepreneur. The last 8 years have demonstrated not just that the very best / biggest entrepreneurial results have kept founder-CEOs in supreme positions of control, but that the investment community has recognized this and mostly support founders to realize a "king" AND "rich" outcome. It's a must read before you have even one more discussion with anyone about starting a company with them. The writer identifies some of the common potential pitfalls that startup founders face when deciding to launch their startups. If you are thinking about founding a business, or you are a founder of a business, I highly recommend checking if your library has this book. "—Jeremy Stoppelman, CEO and cofounder of Yelp, "Noam Wasserman takes you through every major issue in a startup and shows you how to handle it in a prescriptive, logical way. Diverging ideas about impact can—and decisions and take very different actions. In this pathbreaking book, he grounds the analysis of these problems in both richly textured case examples and rigorously developed concepts and theories. "—Kathleen M. Eisenhardt, Stanford University, coauthor of Competing on the Edge: Strategy as Structured Chaos, 41 William Street However I felt that the book reused case studies to its detriment. Unit 2702, NUO Centre Noam's book is the first I've read—and he totally nails it. "—Paul Maeder, chairman of the National Venture Capital Association, founder and general partner of Highland Capital Partners, "If you're starting a new company, you probably already know that a crazy variety of land mines await you. "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. Should they find cofounders? 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. Wasserman's book is a towering guide to making these decisions thoughtfully and purposefully. . In addition to the qualitative research, he has hard data analysis. Good read, in depth analysis, valuable insight for understanding successful teams in entrepreneurship. His HBS class, Founder’s Dilemmas, was named one of the top entrepreneurship classes in the county by Inc. magazine. Many conclusions drawn from statistical data sets but the book will probably be well received in scholarly peer reviews. Noam Wasserman evaluates all of the critical decisions (dilemmas) that founders of start-ups face. . The Founder's Dilemmas sheds light on so many fascinating facets of the founder's journey. Phases of core dilemmas. The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (The Kauffman Foundation Series on Innovation and Entrepreneurship) by Noam Wasserman | … More than 100,000 entrepreneurs rely on this book for detailed, step-by-step instructions on building successful, scalable, profitable startups. He delineates between control and wealth-motivated founders, and makes the case that it's critical to be aligned across a founding team (and even in some cases investors) on what your core motives are. Princeton Asia (Beijing) Consulting Co., Ltd. 2002-06-27 in Biography & Autobiography His book will appeal to academics and practitioners alike. Apple Books Vorschau. . Having seen these dilemmas derail countless startups, I wish every entrepreneur and prospective founder would read this book. More than just financial rewards are at stake. Friendships and relationships can suffer. Welcome back. Comingling research, straight talk, and a human voice—so often lacking in books with an academic bent—Dilemmas totally rocks as a business school required read and a founder's gripping, absolute must-read. If you are looking for a comprehensive guide to being a founder, this book is NOT it. Book Review of The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup by Noam Wasserman Just occasionally you read a book that you wish you had read 25 years ago. . An illustration of an open book. If you are a founder or thinking about becoming one, you should read this book. The great secret of our … The author removes the day-to-day decision making and industry-specific decisions in favor of more general, long term but high impact decisions that tend to be neglected. Phone: +1 609 258 4900 His concepts are simple enough to grasp and deep enough to encompass a wide variety of dynamic and stressful dilemmas. More than just financial rewards are at stake. It also paints that successful founders are inevitably replaced by professional CEOs. It's of course a bit of a dry read give. Without a roadmap, founders will end up following gut feelings or rules of thumb that may sometimes be misleading. "—Thomas Hellmann, University of British Columbia, "The research that Noam Wasserman has assembled here can help entrepreneurial companies who want to prepare well for their future. Quite instructive book about different stages of startup development with plenty of examples and statistical data. Directions. “The Founder’s Dilemmas” comes recommended by relevant authors Brad Feld, Eric Ries and my former classmate Jeff Bussgang, all of whom really know what they are talking about. How do they make consistent choices? 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. 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. . . I like data, but fortunately there are great stories to make the book memorable. If you've been on the startup journey already, you'll find yourself nodding along throughout. Do not start a startup without this book. by Princeton University Press. United Kingdom "—Melinda Thomas, Entrepreneur-in-Residence for the City of New York, "The Founder's Dilemmas fills an important gap in the entrepreneurship literature by providing an in-depth treatment of the people problems that confront all new business founders. founders might dream oi getting an if the founder wound up having little influ- truces. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. A lot of the content is based off research, so it's dense and data intensive. How do they establish the right culture? When should they hire employees? 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. "—ForeWord, "Harvard Business School professor Noam Wasserman is one of the writers and teachers who best captures the high stakes decisions that entrepreneurs face every day. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. It's of course a bit of a dry read given the nature of the topic, but I feel so much more confident about going into entrepreneurship after reading this book! Wasserman presents many of the challenges and choices face by founders. For me it was eye-openinig in many cases, and at least I have a better view where dillemmas exists and what severity certain decisions have. "—Ted Sturtz, New York Journal of Books, "[S]obering. His concepts are simple enough to grasp and deep enough to encompass a wide variety of dynamic and stressful dilemmas. It is well worth your read if you’ve dreamed about or fallen into a startup. "—Ari Ginsberg, director of the Berkley Center for Entrepreneurial Studies at New York University's Stern School of Business, "This book offers a rich understanding of the central personal dilemmas that entrepreneurs uniquely face. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. Many of our ebooks are available for purchase from these online . This book offers solutions. Absolutely deserved the 5 star rating. The Founder’s Dilemmas by Noam Wasserman is another book that belongs on every entrepreneur’s bookshelf. 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