Jason M. Lemkin’s Post

As a founder, very few will actually tell you the truth These are the ones that will ultimately help you grow the most But with that will come some advice you don't want to hear And it will often be delivered sharply

You may not appreciate it at the time, or even recognize it as supportive advice. But when you look back, those that were honest with you are typically your biggest and best supporters. Even when the startup fails I see founders going back to the ones that were honest with them for advice on future startups and career paths. #startups #entrepreneurs #tractionconf #mentors Launch Academy HQ Launch Ventures

As a founder, very few will actually tell you the truth These are the ones that will ultimately help you grow the most But with that will come some advice you don't want to hear And it will often be delivered sharply

As a founder it is critical to not surround yourselves with Yes (wo)men. Critical feedback even if it hurts, is a lifesaver in the long run #startupsuccess #advice

The most unexpected lesson I’ve learned as a founder ⬇️ You don’t always have to have all the answers. Some of the best decisions I’ve made came from saying- I don’t know, but let’s figure it out together.

Doubts about your directionality arise frequently when things do not go according to plan. Does the mission of the team make sense with me aligned with it? Will my abilities be sufficient to address the needs of the community and tackle the true obstacle? How am I going to make it big in an ocean where sharks rule the roost? Being an entrepreneur is more than just flaunting your credentials; it is also more than just trying to outdo each other with investor cash. The expectation of quick and easy gains in a short time is unrealistic. The goal of the company is more than just making money off of sales. Make no mistake! Take enormous risks to offer your unique product or service that addresses a problem no one else has considered in today's cutthroat market, where competition is fierce across all industries. Thanks Marc Randolph for such amazing thoughts. This was exquisite.

A founder's morning is "𝗕𝗲𝗶𝗻𝗴 𝘁𝗼𝗹𝗱 '𝗖𝗮𝘁𝗰𝗵𝗅' & 𝘁𝗵𝗲𝗻 𝗵𝗮𝘃𝗶𝗻𝗴 𝗮 𝗯𝘂𝗰𝗸𝗲𝘁 𝗳𝘂𝗹𝗹 𝗼𝗳 𝗽𝗶𝗻𝗴-𝗽𝗼𝗻𝗴 𝗯𝗮𝗹𝗹𝘀 𝘁𝗵𝗿𝗼𝘄𝗻 𝗮𝘁 𝘆𝗼𝘂". That made me laugh till I realized Bill had just summarized my entire career as an entrepreneur (a little too accurately)😂 That said, it was worth every minute. There's nothing quite like the feeling of building something from scratch. If I had to do it again, I'd spend more time listening to industry veterans. You don't need to learn every lesson the hard way. #startups #entrepreneurship #bebrave Dmitri Chen

What made you decide to become a founder? ✏️ Everybody has different answer to this question though the crux may remain same. What is yours🙂 Please share

What advice would you give someone who is aiming to become a founder? Comment below 👇🏾

Every founder comes with a VISION and millions of them have FAILED. Question? Should we not have any? Both of us know the answer. Cheers to you and best wishes. Go, Fail -> stand -> fail again ->STAND -> and maybe you'll be 17.23456% close to your vision. My Best wishes to all the founders. Every inch of the road counts. Every 0.1% counts.