Founders are the linchpin of a startup. They are the central foci, the lifeblood. The buck stops with them. But how can you tell the difference between a good and a bad founder? And how can you avoid being a bad one? Don’t worry, Chris Saad and Yaniv Bernstein are here this week to discuss 9 differences between good and bad founders, based on a recent article Chris wrote. The differences are: 🔍 Good founders focus on solving important problems for customers while bad founders mainly concentrate on fundraising and profits. 🧠 Good founders hire smart people who challenge them, while bad founders like to be the smartest person in the room and just give orders. 🔮 Good founders have a vision as well as pragmatism. Bad founders either have no vision or cannot execute pragmatically. 🎯 Good founders put customers first, clearly communicate their vision to investors and choose investors who believe in them. Bad founders change plans to please investors. ❤️ Good founders treat employees with empathy but make tough decisions when needed. Bad founders don't care about their people. 🏛️ Good founders build a culture where the right decisions can be made without them. Bad founders micromanage everything. 🚀 Good founders aim for growth and scale. Bad founders just focus on short-term survival. Listen to the full episode to hear the other 2 differences! The Pact Honour The Startup Podcast Pact! If you have listened to TSP and gotten value from it, please: Follow, rate, and review us in your listening app Subscribe to the TSP Mailing List to gain access to exclusive newsletter-only content and early-access to information on upcoming episodes: https://thestartuppodcast.beehiiv.com/subscribe Secure your official TSP merchandise at https://shop.tsp.show/ Follow us on YouTube Give us a public shout-out on LinkedIn or anywhere you have a social media following Key links The Startup Podcast is sponsored by Vanta. Vanta helps businesses get and stay compliant by automating up to 90% of the work for the most in demand compliance frameworks. With over 200 integrations, you can easily monitor and secure the tools your business relies on. Go to www.vanta.com/tsp for 20% off their incredible offer. Follow us on YouTube for full-video episodes: https://www.youtube.com/channel/UCNjm1MTdjysRRV07fSf0yGg Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A The Startup Podcast website: https://tsp.show Learn more about Chris and Yaniv Work 1:1 with Chris: http://chrissaad.com/advisory/ Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/ Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/ Credits Lovingly handcrafted for the global startup community by: Editor: Justin McArthur Associate Producer: Aidan CousinsIntro Voice: Jeremiah Owyang

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related