SqueezedBooks - Featured Summary
Your Home for Business Knowledge Extracted, Compressed & Discussed
Founders at Work: Stories of Startups' Early Days
- 2-4-2012
- Categorized in: Entrepreneurship, Management
This book is a collection of interviews, so it’s impossible to summarize as one might with a “big idea book”, however, we’ll try and extract some of the best insight and anecdotes here.
-
Nearly all the companies had a team of founders, rather than an individual.
-
Technical skills and backgrounds actually differ in many ways.
-
Some started with a very clear idea and stuck to it, but many others did not.
-
Persistance is important. In hindsight, if you succeed, it’s called “persistance”, but if you fail it’s “blindly following the wrong idea”.
-
Live cheap, and spend money like it’s your own.
-
Many of the interviewees mention a sense of feeling “bipolar” - you have moments when you feel like you can conquer the world, and others when you think “who am I kidding… this will never fly”.
-
Paul Graham - “make something people want”.
-
Steve Wozniak (Apple): “All the best things I did at Apple came from (a) not having money, and (b) not having done it before, ever.”