What characteristics increase the likelihood that a founding team will be effective and stable?
How can I anticipate and avoid the pitfalls that tend to sink high-potential startups?
What leads to a founder being replaced as CEO of his or her startup?
For founders and their startups, early decisions about people – cofounders, employees, investors, and board members – are vital to the founders’ and startups’ long-term success. Yet these decisions are often made without the benefit of a roadmap of the most important early decisions, when these decisions should be made, which options to consider, and the likely long-term consequences of those decisions.
As a result, preventable people problems are the biggest reason (by far) for the high failure rate of high-potential startups. Without a solid roadmap, founders are at an increased risk of making poor people decisions and thus increasing the chances that the founding team will splinter, growth will be harmed, or the founder will be replaced as CEO. In contrast, with a solid roadmap, founding teams can increase their stability and achieve better growth.
The Founder Bootcamp provides this roadmap for founders and potential founders.