Edu: Good Founder, Bad Founder - 9 Huge Differences And Why They Matter
Founders are the linchpin of a startup.
They are the central foci, the lifeblood.
The buck stops with them.
But how can you tell the difference between a good and a bad founder? And how can you avoid being a bad one?
Don’t worry, Chris Saad and Yaniv Bernstein are here this week to discuss 9 differences between good and bad founders, based on a recent article Chris wrote.
The differences are:
🔍 Good founders focus on solving important problems for customers while bad founders mainly concentrate on fundraising and profits.
🧠 Good founders hire smart people who challenge them, while bad founders like to be the smartest person in the room and just give orders.
🔮 Good founders have a vision as well as pragmatism. Bad founders either have no vision or cannot execute pragmatically.
🎯 Good founders put customers first, clearly communicate their vision to investors and choose investors who believe in them. Bad founders change plans to please investors.
❤️ Good founders treat employees with empathy but make tough decisions when needed. Bad founders don't care about their people.
🏛️ Good founders build a culture where the right decisions can be made without them. Bad founders micromanage everything.
🚀 Good founders aim for growth and scale. Bad founders just focus on short-term survival.
Listen to the full episode to hear the other 2 differences!
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Credits
Lovingly handcrafted for the global startup community by:
Editor: Justin McArthur
Associate Producer: Aidan Cousins
Intro Voice: Jeremiah Owyang
