Founders Law LLC’s Post

Check out this new article with some great advice by Erika Knierim!

"Make Something People Want" is the destination. "Be RELENTESSLY RESOURCEFUL" is how you get there. In '09, Paul Graham said good start-up founders are Relentlessly Resourceful. There is no shortage of ideas. In-fact there is no limit to the number of brilliant ideas. There is a shortage of founders that can execute on ideas, successfully. Resourcefully. Some founders: Treat business like an art & others treat it like a science. Successful founders: Treat business like an art executed scientifically. What do you think? ************************************************** If you enjoyed this, repost it for others ♻ follow me Asif Ahmed for more in the future

In his newsletter James Clear reminded me of the insightful post from entrepreneur and venture capitalist Paul Graham on how to do great work: "It's essential to work on something you're deeply interested in. Interest will drive you to work harder than mere diligence ever could. The three most powerful motives are curiosity, delight, and the desire to do something impressive. Sometimes they converge, and that combination is the most powerful of all." Source: How to Do Great Workhttps://lnkd.in/eGRNMcci

🔥 AsiaTechDaily's fantastic interview with Patrick Grove: key takeaways are as follows! "I have always focused on the long term. When founders focus on short-term financial returns, you end up in the trap of pleasing the market" "Get to know as many people as possible. Everyone in the space is really helpful and is willing to share deals with one another" "People, people, people. A company is as good as its team. Your first 10 hires are going to make or break the company." "In the natural world, species must constantly adapt to changing environments to survive. Similarly, entrepreneurs and investors must be able to adapt to changes in the market and economic conditions."

𝗛𝗼𝘄 𝗧𝗵𝗲 𝗩𝗖𝘀 𝗠𝗔𝗦𝗧𝗘𝗥 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 - 𝗠𝗨𝗦𝗧 𝗪𝗔𝗧𝗖𝗛 - 2024 In this insightful interview, Jerry delves into the essential steps he takes before deciding to invest in a startup. Here are some key points: 1.Due Diligence: Jerry emphasizes the importance of talking to people who have worked with the founder. He believes the best insights come from those who have firsthand experience with the person in question. 📞 2.Expect the Unexpected: Founders should expect potential investors to reach out to their previous colleagues, bosses, or investors without asking for permission. This is a critical part of the due diligence process. 🔍 3.The Human Element: Investing is not just about the company; it's about the people. Jerry highlights that founders are not just working with a VC firm but with a VC partner, a person who will closely work with them for years. 🤝 4.Checking References: Jerry advises founders to do their own homework on potential investors. He suggests calling other founders who have taken money from the same VC to get genuine feedback. A lukewarm reference is a red flag! 🚩 5.The Real Story: While public profiles, blog posts, and tweets are informative, they don't tell the whole story. Real insights come from direct conversations with people who have worked with the investor. 📚 Jerry Neumann's approach is a valuable lesson for both investors and founders. Don't miss out on his practical advice! Let us know your thoughts in the comments! 💬👇 #StartupInvesting #DueDiligence #JerryNeumann #VentureCapital #Entrepreneurship #StartupLife #InvestorRelations

Transitioning from founder to CEO is a significant shift, one that requires a new mindset. Shift from tactical details to strategic vision. Understand long-term implications and industry trends, step out of day-to-day operations. Empower your team, trust their expertise. As a CEO, your impact ripples through the organization. Embrace the role with purpose.

The evolution of a leader. Organizational and personal growth are needed to achieve commercial success.

Evolve Your Mindset In The Transition From Founder To CEO Transitioning from a founder to a CEO involves critical mental shifts that pave the way for building an enduring, sustainable company. Once a company achieves product-market fit and reaches scale, founders have to go through an important transition - from functioning as a Founder to becoming a professional CEO. Becoming a CEO means getting out of the weeds and removing yourself from the day-to-day. You have to see the bigger picture, look beyond just the next quarter, and see potential challenges and opportunities on the horizon. The culture is no longer an extension of you with a family feel but you have to earn people’s trust and convince them with your mission to direct their energy. 👍 Give this post a thumbs up ➕ Follow me at David Sym-Smith for more Startup Tips Credit VC Talent Lab; Rachel Turner #founder #ceomindset #ceoleadership #governance

TRUST. Welcome to the whimsical world of business, where every handshake, smile, and deal begins with a magical ingredient called trust. It's the unseen glue that binds agreements, the silent sentinel guarding long-term partnerships. In this playful exploration, we'll dive into the art of building and sustaining trust across diverse cultural landscapes. Regardless of which continent you find yourself on - what customs and traditions you are surrounded with; the native language of others in the room -- understanding how to cultivate trust is not just beneficial, it's essential. So, let’s embark on a Seussian-like adventure, discovering how relationships start with trust, build on trust, and, ultimately, thrive on trust. In lands near and far where business folks meet, Trust is the gold that makes deals sweet. From East to West, trust must be just right, Adapt to each place, morning to night. In places where tea and talks pave the way, Invest in the chatter, hear what they say. But in lands where time is a speeding train, Be sharp, be prompt, and clearly explain. Oh, trust is a treasure, so shiny and true, Built on respect for the old and the new. Adapting and learning, that’s the key, To unlock the doors of opportunity! As we journey through the landscapes of trust, it's vital to remember the power we hold within and the responsibilities we bear towards others. The harmony or discord in our business ventures often mirrors our own actions and intentions, as well as how we manage the trust placed in us by those we meet along the way. Each person who joins our journey, who invests their trust and time, contributes to the fabric of our collective experience. If we find ourselves amidst misery, let us look inward and consider our role and the impact of our decisions on others. By fostering trust and integrity, we not only build stronger partnerships but also weave a tapestry of mutual success and fulfillment. Thus, in the world of business, as in life, we are not only the architects of our own fortunes but also the stewards of the journeys of those who trust in us. Thank you Elena Mazhuha for sharing your insights on one of those challenging journeys https://lnkd.in/ecQBTj4s

In a recent interview Alexandre Lazarow, Managing Partner at Fluent Ventures and contributor for The FR, was asked: What qualities he seeks in the founders he supports?💡 In his insightful piece, Lazarow not only sheds light on making smarter investment decisions, but also on choosing the right startup to work for. Here are the three specific questions he finds valuable: 1. The visionary impact: How inspired am I by the founder’s vision? 2. The art of execution: Do I believe in the founder’s managerial style and execution abilities? 3. The time investment: Would I invest my most precious resource? Catch the full article here: https://lnkd.in/ewY5Pqby #Finance #Economics #Technology #Investing