Book Titles

Lost and Founder
A Painfully Honest Field Guide to the Startup World

By Rand Fishkin

Year Published: 2018
ISBN-13: 978-0735213326
Categories: Entrepreneurship, Startups

83 Quotes Found

Quote Image Quote Page Number

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