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Part 4: Dealing With Challenges

When You Need Inspiration

By DPart 4: Dealing With Challenges
Dear Founder, You’re needing some inspiration right now. Maybe you’re looking for a great idea, or perhaps you need to find another way to solve a gnarly problem. Where does inspiration...
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October 13, 2016

When You Need Inspriration

By DPart 4: Dealing With Challenges
Dear Founder, You’re needing some inspiration right now. Maybe you’re looking for a great idea, or perhaps you need to find another way to solve a gnarly problem. Where does inspiration...
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October 12, 2016

When You’re Overwhelmed

By DPart 4: Dealing With Challenges
Dear Founder, I’m sorry you’re feeling overwhelmed. Unfortunately, this is a normal feeling for most of us. The important thing is to realize that this is a momentary state. By...
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October 11, 2016

When You’ve Just Missed Your Quarter

By DPart 4: Dealing With Challenges
Dear Founder, I can only imagine how you’re feeling. I have a lot of sympathy. As a perfectionist myself, it kills me when I don’t deliver on what I committed...
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October 10, 2016

When Your Board Is Driving You Crazy

By DPart 4: Dealing With Challenges
Dear Founder, I’m sorry you’re dealing with this. It’s not fun. But you have to fix it—because your directors won’t. I’ve outlined ways to do so below, but first, let’s...
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October 9, 2016

When You Have A Crisis

By DPart 4: Dealing With Challenges
Dear Founder, So, you’ve found yourself in a crisis. It’s never fun to have something unexpected bomb-in on your plans and day, but it happens to all of us and...
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October 8, 2016

When No One Is Energized To Be Here

By DPart 4: Dealing With Challenges
Dear Founder, You can feel energy in rooms. It’s palpable. It radiates. When teams are energized, everything seems possible to achieve. On your best days, your people feel how the...
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October 7, 2016

When A Co–Founder Isn’t Pulling Their Weight

By DPart 4: Dealing With Challenges
Dear Founder, Selecting a co-founder is one of the most pivotal decisions you’ve made to date. You went in hoping for a decades-long partnership. You’ve admired what the legendary co-founders—Bill...
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October 6, 2016

When You Have To Fire Your First Employee

By DPart 4: Dealing With Challenges
Dear Founder, I am very sad that you find yourself in this situation. Most people truly do not like to inflict pain and discomfort on someone else, which is what happens...
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October 5, 2016

When Your First Key Hire Leaves

By DPart 4: Dealing With Challenges
Dear Founder, I’m sure you’re somewhere between being pissed off that you are being deserted, and worried about what you’re going to do to make up for this person’s contributions....
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October 4, 2016
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  • Part 1: Getting Started
  • When You Want To Start A Company
  • When You’re Selecting A Co-Founder
  • Selecting A Co-Founder: Appendix
  • When You Need To Recruit
  • When You Need To Put The Company’s Needs Ahead Of Your Own
  • When You Need To Build Your Board
  • When You Wonder If Philanthropy Has A Place In A Startup
  • Part 2: Fundraising
  • When You’re Setting Terms For Your Seed Round
  • When You’ve Just Raised Your Seed Round
  • When Nobody Wants To Give You Money
  • When You’re Raising Money And Everyone Wants To Invest
  • Part 3: Creating An Execution Machine
  • When You Need To Set Your Culture
  • Appendix: Setting Your Culture
  • When You Want To Avoid Nasty Surprises
  • When You Need To Improve Execution
  • When You Want To Blame Someone
  • When You Need To Be Overt
  • When You Need To Solve Cross-Functional Friction
  • Part 4: Dealing With Challenges
  • When You Need Inspiration
  • When You’re Overwhelmed
  • When You’ve Just Missed Your Quarter
  • When Your Board Is Driving You Crazy
  • When You Have A Crisis
  • When No One Is Energized To Be Here
  • When A Co–Founder Isn’t Pulling Their Weight
  • When You Have To Fire Your First Employee
  • When Your First Key Hire Leaves
  • When Your Idea Just Isn’t Working
  • When You’re Afraid You Might Be A “Tweener”
  • Appendix: Tweeners
  • When Your Board Says They’re Replacing You As CEO
  • Part 5: The Next Phase
  • When You Think Your Company Has Outgrown You
  • When You Decide To Sell Your Company
  • When You’ve Just Sold Your Company
  • When You’re Planning To Go Public
  • Bonus
  • The CEO Diagnostic Tool