Archive for August 16th, 2007
Getting More Vs Giving Up
Mark Fletcher shares very interesting phenomenon of "getting more" attitude of corporate employee vs "giving up" attitude of startup founders. Give attention to the last line.
As an employee climbing the corporate ladder at a company, it’s all
about getting more. More responsibility, more control, a larger salary,
a bigger title. However, the exact opposite is true when you start a
company. A big part of starting and building a company is about giving
up. A founder is in a weird position. When you first start a company,
everything is yours. You own all the stock, you make all the decisions.
This point of creation is the only time this will be the case, however.
Forever after, the founder must give up more and more control to other
people and more and more ownership to employees, investors, etc. The
founder must do this for the company to be successful, but at the same
time this is the opposite of what many people are used to doing.
