StartUp Entrepreneurs in it for the glory are in for a rude awakening

Name: StartUp Entrepreneurs in it for the glory are in for a rude awakening
Uploaded: 2023-02-02T00:46:59+00:00
Duration: 59 s
Channel: James Sinclair
Description: James Sinclair contrasts two founder types: problem-solvers who build teams and customers, and "Flash" founders chasing personal brand and events…

2 Feb 2023 · 1 min

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James Sinclair contrasts two founder types: problem-solvers who build teams and customers, and "Flash" founders chasing personal brand and events. Investors spot performative founders fast. They might get seed money but rarely go further. The real work starts after fundraising.

Chapters

What type of startup founder are you? Are you the founder that has found a problem statement and you know you can solve it, and you know you can build a solution to it, and you know you can build a team and you know you can get customers and you know you can raise money and you know you can overcome every obstacle you're going to be hit with? Or are you the founder who is more obsessed with being a founder and the CEO and the brand of being a startup entrepreneur and raising money and the Flash associated with it? Are you the startup founder who's at every single event, who's always doing everything to put themselves in the public eye? I'm not talking about the stuff you've got to do to build accretive value to your business. The trouble with it is investors can see it a mile off. It's unsustainable. If you're a Flash founder, it doesn't work. You may get your seed, you're not going to get further. But more importantly, it won't work because after you've raised money, your investors expect you to be able to go down into the trenches and just work with no glory, no high fives, no nothing. How long can you persevere with. With no glory? Good.