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Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (Kauffman Foundation Series on Innovation and Entrepreneurship) [Englisch] [Gebundene Ausgabe]

Noam Wasserman
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Kurzbeschreibung

25. März 2012 Kauffman Foundation Series on Innovation and Entrepreneurship
Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: Should they go it alone or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. "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. Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. 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. "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. People problems are the leading cause of failure in startups. This book offers solutions.

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Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (Kauffman Foundation Series on Innovation and Entrepreneurship) + The Startup Owner's Manual: The Step-By-Step Guide for Building a Great Company: 1
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Produktinformation

  • Gebundene Ausgabe: 480 Seiten
  • Verlag: Princeton University Press (25. März 2012)
  • Sprache: Englisch
  • ISBN-10: 0691149135
  • ISBN-13: 978-0691149134
  • Größe und/oder Gewicht: 15,2 x 3,8 x 22,9 cm
  • Durchschnittliche Kundenbewertung: 3.0 von 5 Sternen  Alle Rezensionen anzeigen (1 Kundenrezension)
  • Amazon Bestseller-Rang: Nr. 71.202 in Englische Bücher (Siehe Top 100 in Englische Bücher)
  • Komplettes Inhaltsverzeichnis ansehen

Mehr über den Autor

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Produktbeschreibungen

Pressestimmen

Wasserman's book is on track to take as lofty a position in the entrepreneurial literature as HBS's Clayton Christensen's The Innovator's Dilemma did in the field of technological change. -- Peter Cohan Forbes [A] seminal work... Sure to be required reading in business school curricula, this illuminating and captivating read will also appeal to aspiring entrepreneurs or founders who want to make better decisions in existing ventures. Publishers Weekly [A] first-aid manual to help resuscitate ailing start-ups. -- Jessica Bruder, journalist, author, and adjunct professor at Columbia University's Graduate School of Journalism You're the Boss blog, New York Times Wasserman illustrates his findings with real world examples that translate into immediately applicable advice. But rather than creating a prescriptive list of commandments that would be impossible to follow, he adopts a more holistic approach. Encouraging entrepreneurs to study how others have handled similar challenges in the past, his insights highlight the common ground found in seemingly unique situations. 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. -- Scott Kirsner Boston Globe There are plenty of books, lots with stories, anecdotes, and suggestions, but none that are particularly systematic about going through all of the issues. Noam's book is the first I've read--and he totally nails it. -- Brad Feld Feld Thoughts [T]he definitive book on the topic... If you are a founder or thinking about becoming one, you should read this book. -- Dharmesh Shah OnStartups.com This is a serious book for a serious endeavor: creating a company from scratch that can be a world-beater and life-changer... Wasserman's book is a towering guide to making these decisions thoughtfully and purposefully. Every founder should read it--and take the time to digest its rich data and lessons. -- Jeff Bussgang Seeing Both Sides Highly recommended for those who plan to embark or are already living the entrepreneurial lifestyle, it can serve as a guide to very tough situations for founders to evaluate the best possible way out. -- Bernard Leong SGEntrepreneurs Ten years of extensive research combined with winning case studies make this a trustworthy source not only for the potential startup owner but also for the classroom. Library Journal [A] must-read for anyone thinking of creating a startup, who is currently involved with one or who is an investor/advisor in the startup ecosystem. -- Dilip James Business Standard This book, upon release, becomes the single-most indispensible guide for founders of startups. 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. Turning the last page, anyone with an entrepreneurial femur in their body will be fully armed with a battery of knowledge that can make or break a passionate first or even fifteenth venture. Do not start a startup without this book. -- Ted Sturtz New York Journal of Books [S]obering... Professor Wasserman provides a great deal of data and stories about high-potential technology and life-sciences startups. His book offers much more information than most entrepreneurs can handle at once, but it is probably essential for them to know. -- Harvey Schachter Globe & Mail Wasserman presents a series of entrepreneurship vignettes and case studies, drawn from a massive 10,000-founder survey he created. Due to the size of this business start-up survey, several of the stories, including accounts from founders of Blogger, Sittercity, and SmarTix, should prove fresh to readers. Much of the advice in the book governs key decisions founders have to make and factors that can cause decisions to turn out well or badly... [T]his work includes valuable, unique content. Choice [A] uniquely valuable resource for any entrepreneur. -- Terrence Murray Financialist The Founder's Dilemmas can't prevent entrepreneurs from repeating the mistakes of their predecessors; we all know how well human beings learn from history. But it's a worthwhile, prudent read for anyone considering or engaging in entrepreneurship. In pointing out the patterns, the common quandaries and routes, The Founder's Dilemmas can eliminate one headache along the path of business-building. -- Tamara Micner LSE Politics and Policy blog

Über den Autor

Noam Wasserman is an associate professor at Harvard Business School.


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1 von 1 Kunden fanden die folgende Rezension hilfreich
Format:Kindle Edition|Von Amazon bestätigter Kauf
Some very interesting insights and points are made in this book, on that alone its worth reading, but a lot of his numerical evidence is very contrived. He spends so much time saying this like "It will be seen that..." or "Evidence will be presented in such a manner that...", then in the last few chapters these sentances become "It has been seen that..." or "Evidence has been presented, show us that...", literally pages spent describing what he is GOING to say, I dont see why he just doesn't say right out.

Not to say it isn't worth reading, the insights he make are very unique and interesting but I just thought the writing style was too bloated and unnecessary.
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Amazon.com: 4.7 von 5 Sternen  48 Rezensionen
35 von 38 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Not Your Typical Book of Start-Up War Stories 17. März 2012
Von Jeff Bussgang - Veröffentlicht auf Amazon.com
Format:Gebundene Ausgabe
Noam Wasserman teaches a class called "Founder's Dilemmas" at Harvard Business School that has become a "must-take" session for aspiring entrepreneurs. This book is the outgrowth of Noam's research and that class. It outlines a series of make-or-break decisions that founders make when embarking on their ventures. Noam analyzes the fundamental trade-offs such as when to found a company, who to found it with (if anyone), how to determine roles and responsibilities, equity splits and many more sensitive issues.

This is a serious book for a serious endeavor: creating a company from scratch that can be a world-beater and life-changer. Analytical, insightful and even a bit wonky at times, Wasserman's story arc is less about war stories - although the books is chock full of them, featuring the founders of Twitter, Pandora and others - and more about the decision tree every founder must climb. Rather than having these decisions happen by chance, Wasserman's book is a towering guide to making these decisions thoughtfully and purposefully.

Every founder should read it - and take the time to digest its rich data and lessons.
19 von 20 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen Moneyball for Entrepreneurship 16. März 2012
Von F. Nazeeri - Veröffentlicht auf Amazon.com
Format:Gebundene Ausgabe
What I like most about this book is the hard analytical analysis of the key decisions that a founder faces when launching a new venture. I read a lot of books on entrepreneurship and none come close to this in terms of quantitative detail to back up key recommendations. That alone would make it a great book, but Wasserman also addresses the softer, qualitative side of entrepreneurship and shows how it fits into the big picture.

I think you'll find that Founder's Dilemmas is an incredibly valuable addition to the literature on entrepreneurship that you will find yourself referencing on a regular basis whether you're a founder, early employee, investor, business person, government official or just overall fan of entrepreneurs.
17 von 19 Kunden fanden die folgende Rezension hilfreich
5.0 von 5 Sternen I've been teaching this material for years, and it is great 17. März 2012
Von Not a Kansan - Veröffentlicht auf Amazon.com
Format:Gebundene Ausgabe
I've been teaching Noam's material at the MBA level for a couple of years now. The course is very popular because it addresses some of the key issues students - or any founders - face when starting a company. It seems that most of what is written is about how to build a business plan, how to choose a business model, etc. But this book is all about the TEAM.

Of course there is no shorter of bloggers and ex-entrepreneurs who will tell you their opinion, or their personal story, of what they think should work. What Noam has done here is conducted real research to get beyond anecdotes and case studies to more general patterns. But he introduces the topics with familiar examples that set the stage for the quantitative analysis.

What I think is most important about this book is the blind spots it identifies. Too many entrepreneurs give these issues short shrift until it is too late - until they have painted themselves into a corner. I'm quite sure this will be required reading!
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