Founder's dilemmas are inevitable in entrepreneurship from "summary" of The Founder's Dilemmas by Noam Wasserman
The journey of entrepreneurship is fraught with challenges and tough decisions that founders must navigate to steer their ventures towards success. These challenges, known as founder's dilemmas, are inevitable in the world of entrepreneurship. They are the tough choices that founders must make at various stages of their startup journey, and they have the potential to make or break a venture. One of the most common founder's dilemmas is the decision of whether to go solo or bring on co-founders. While going solo may give the founder complete control over the venture, it also means bearing the burden of all responsibilities and risks alone. On the other hand, bringing on co-founders can help share the workload and bring diverse skills and perspectives to the table, but it also means sharing decision-making power and potential conflicts. Another crucial founder's dilemma is the issue of equity distribution among co-founders. Determining how much equity each founder should receive is a delicate balance that can impact the motivation and commitment of team members. Fair...
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