
|
Lost and Founder:
Secrets, lies, opacity – they tear families apart just as surely as they do startups.
|
027 |

|
Lost and Founder:
Consulting is limited entirely by time and people.
|
035 |

|
Lost and Founder:
…dollars earned from a recurring revenue model are vastly more valuable than dollars earned from services, thanks to scalability and margin.
|
038 |

|
Lost and Founder:
Every dollar you make from services will net you (on average) one to two times the amount in an acquisition or valuation scenario.
|
039 |

|
Lost and Founder:
The services you provide expose you to real-life problems that consumers and organizations face.
|
044 |

|
Lost and Founder:
Entrepreneurs start out doing what they love. Not because it makes sense, or because it’s a great market, but because they cannot imagine themselves doing (or eating) anything else.
|
052 |

|
Lost and Founder:
…entrepreneurs… dig into problems, untangle conflict, free people from the mind-sets or structures that hold them back, craft the pillars and policies of how the company functions.
|
059 |

|
Lost and Founder:
Expect to do work you don’t love in order to allow what you do to flourish. If you don’t the disappointment and frustration can kill your motivation.
|
059 |

|
Lost and Founder:
You change your business model, your product, your market, or your entire idea only if things are going very poorly indeed.
|
062 |

|
Lost and Founder:
If you have a family, if you have debts, if your cost of failure is anything but zero, it makes better sense to tread carefully.
|
065 |