Best 94 Quotes & Tweets on Founding team

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1

Work with people you want to become like, because you'll become like whoever you work with.

Paul Graham

Paul Graham

@paulg

2

Founder-mentality means not caring who gets the credit.

Naval Ravikant

Naval Ravikant

@naval

3

Founder mentality: If you think like an owner, and you act like an owner, it’s only a matter of time until you become an owner.

Naval Ravikant

Naval Ravikant

@naval

4

I think the #1 reason startups fail is the founders run out of energy.

Sahil Lavingia

Sahil Lavingia

@shl

5

In year one you likely don’t need: - A fancy office - A full-time assistant - An office / ops mgr - 2000+ sqft of office space - Fancy furniture - Lots of employees (> 10) - Perfect design What you do need: A product people love in spite of its flaws. The rest will come.

Suhail Doshi

Suhail Doshi

@Suhail

6

Investors have different incentives than founders. What investors often look for in a “great” founder is irrational behavior that the investor doesn’t engage in themselves. I.e., 80-hour weeks for 10 years, passing up a big acquisition to go for broke, zero diversification.

Naval Ravikant

Naval Ravikant

@naval

7

Why is every startup a 10 year overnight success? 80% of new businesses fail in the first 5 years. Another 80% fail in the next 5 years. If you can last 10 years your business is in the top 4% of cos that are still kicking. If you start, be ready to commit for 10 years.

Garry Tan

Garry Tan

@garrytan

8

Founders with 1,000 employees: "I wish we were 100 employees again." Founders with 100 employees: "I wish we were 10 again." Founders with 10 employees: "I wish we were just 2 again." Two co-founders who just closed their first round of funding: "We can't wait!"

Sahil Lavingia

Sahil Lavingia

@shl

9

Founders run every sprint as if they’re about to lose, but grind out the long race knowing that victory is inevitable.

Naval Ravikant

Naval Ravikant

@naval

10

If you're an investor and you meet a founder you feel is truly playing the long game, it's scary not to fund them.

Paul Graham

Paul Graham

@paulg

11

Ability to focus for long periods of time to become great at something, coupled with the ability to cold call your way to anyone can get you a really long way in this world.

Garry Tan

Garry Tan

@garrytan

12

More startups have a chance of becoming really big than their founders realize (or want to admit to themselves). The reason for this apparent paradox is that it would take an enormous amount of work.

Paul Graham

Paul Graham

@paulg

13

One reason you cannot easily part-time do a startup is that so many of the best, clever ideas occur somewhat spontaneously. You sort of look at all the possible angles over a span of 12-18 months and one day, while looking at a tree, the proverbial apple bonks you on head.

Suhail Doshi

Suhail Doshi

@Suhail

14

First-time founders care most about product. Second-time founders care most about distribution.

Sahil Lavingia

Sahil Lavingia

@shl

15

The goal of an entrepreneur should be to do nothing but route opportunities to the right people on your team. Build a system and make yourself a human router 🚏 When I get stressed at work, it’s because I’ve failed to build a system and have tasks I can’t route to someone.

Andrew Wilkinson

Andrew Wilkinson

@awilkinson

16

Show me a fancy resume and I feel nothing. Show me who else is investing and I see lemmings jumping off a cliff. Show me a big unaddressed problem and I am listening. Show me the solution you’ve built and I lean in. Show me the team of true believers you built and I invest.

Garry Tan

Garry Tan

@garrytan

17

Founders are artists

Suhail Doshi

Suhail Doshi

@Suhail

18

The commonly cited 70% failure rate is only so high because founders and investors are trying to reach a certain scale in a certain amount of time. If you are willing to spend 10+ years to build a sustainable business that matters, your odds of success go way up.

Sahil Lavingia

Sahil Lavingia

@shl

19

Above “product-market fit” is “founder-product-market fit.”

Naval Ravikant

Naval Ravikant

@naval

20

Most underappreciated skill for new founders: Numeracy. Can you speak with authority about your numbers, now and in the future? Can you define the levers of your growth, pick feasible goals, and then hit them week after week, month after month? This is true product market fit

Garry Tan

Garry Tan

@garrytan

21

Great startups are cleverly selected groups of talented people running hard in a particular direction in lockstep, making valuable things. The money is the byproduct. Focus on the money too much and you mess up the group, the direction and lose the money.

Garry Tan

Garry Tan

@garrytan

22

Founder tip: Send your investors monthly updates. I know it can be annoying and I’ve missed months when things are hectic, but it’s for your benefit. It’s a great way to: - Get help (ask for it!) - Build trust (very important for raising the next round) - Reflect internally

Ryan Hoover

Ryan Hoover

@rrhoover

23

It would be convenient if you could do great work by working only moderately hard. Maybe there are some people who can. But I can't think of any.

Paul Graham

Paul Graham

@paulg

24

Great founders: High integrity Learning machines High energy High pain threshold Intellectual flexibility Empathetic Culturally curious Quick at forgetting (mistake amnesia) Unbelievable recruiters Incredible storytellers Patient & urgent Playful Point of view heavy

Brian Norgard

Brian Norgard

@BrianNorgard

25

If you fear starting a company because you’re worried you’ll waste your time or you’ll fail, don’t start a company. Start a project. It’s mostly the same thing for 12 months until you have employees, make money, and have users that rely on you every day.

Suhail Doshi

Suhail Doshi

@Suhail

26

Most startup founders end up spending their entire careers trying to catch lightning in a bottle even once. I caught it once and lost it myself. It’s hard to hold— so much can go wrong. When you catch lightning in a bottle, you have to do everything in your power to harness it.

Garry Tan

Garry Tan

@garrytan

27

You only have to write one really great thing to be known as a great writer. You only have to build one really great company to be known as a great founder. If you are consistent over decades, it seems almost inevitable!

Sahil Lavingia

Sahil Lavingia

@shl

28

Best predictor of company success: Intellectual rigor of founders and executive team.

Keith Rabois

Keith Rabois

@rabois

29

One big advantage a founder CEO has over appointed ones: the founder CEO can have a thesis about the identity of the company that's used to guide decisions. An appointed CEO can inherit such a thesis, but can rarely invent one.

Paul Graham

Paul Graham

@paulg

30

After you raise your 1st round of funding, your job as CEO will mostly encompass: (1) interviewing candidates, (2) 1:1s to keep the peace, & (3) looking at spreadsheets to guide strategy. Don't forget that you'll need to intentionally carve out space for what you're great at too.

Suhail Doshi

Suhail Doshi

@Suhail

31

Startups don't die when they run out of cash, they die when the founders run out of energy.

Naval Ravikant

Naval Ravikant

@naval

32

It's a great time to implement: - No meetings - No deadlines - No goals - No "core" working hours - No expectations on response times

Sahil Lavingia

Sahil Lavingia

@shl

33

If you want to go fast, go alone. If you want to go far, go together. If you are here in startups to get rich quick, if you’re good you’ll get your money. If not, you won’t. See you never. If you are here to go far, I’m here for you. Let’s go there together.

Garry Tan

Garry Tan

@garrytan

34

More founders would survive if they thought of their seed round as not $X M in the bank but 24 months to grow 3X+ a year or be profitable.

Garry Tan

Garry Tan

@garrytan

35

I was speaking to a room full of first-time founders today. I asked each person to share their #1 challenge. Half of them said, “there is too much to do” or some variation of that. My response was to tell them that they need to find the one thing worth focusing on right now.

Hiten Shah

Hiten Shah

@hnshah

36

There are plenty of famous, successful founders who: - Raised money that made them rich on paper - Used their disposable income and accredited status to invest in their friends’ startups - Became multi-millionaires from those returns - Got nothing from their own startup

Sahil Lavingia

Sahil Lavingia

@shl

37

A founding team that can build the product themselves has a big advantage over a team that has to hire very expensive engineers to build it.

Sam Altman

Sam Altman

@sama

38

Simple advice for founders: Don’t lie in your pitch deck. A friend informed me I was listed as a user of the product in a company’s deck. I’ve never heard of them before.

Ryan Hoover

Ryan Hoover

@rrhoover

39

Give all the startup advice you want but please never advise new founders to lie about anything. It’s fraud.

Garry Tan

Garry Tan

@garrytan

40

Great experiences require makers who have taste, vision and execution. Taste is discernment. Vision is the ability to articulate a future. Execution is the ability to realize it. We meet teams that can do some partial set every day. When you meet a team with all 3? Magic 💎

Garry Tan

Garry Tan

@garrytan

41

Founders: In your investor updates, consider giving shout outs to the people that helped the company since the last update. It’s a great way to: 1. Recognize those that put in the work 2. Subtly peer pressure everyone else to help ;)

Ryan Hoover

Ryan Hoover

@rrhoover

42

Early employees make good founders because they know what early employees want. Founders make good investors because they know what founders want.

Sahil Lavingia

Sahil Lavingia

@shl

43

It's hard to pay someone to think like an owner.

Andrew Wilkinson

Andrew Wilkinson

@awilkinson

44

How I loathe the word “innovation”. If there was ever a word embraced with the pompous performance to sound knowing, sound participating, yet revealing the exact opposite. It’s a word for spectators who fancy themselves a slice of glory without contributing any merit. Ugh.

DHH

DHH

@dhh

45

Great founders are great magnets, constantly convincing customers to buy, investors to invest, press to cover, great employees to join.

Garry Tan

Garry Tan

@garrytan

46

The best way to find a technical cofounder is to become one yourself.

Sahil Lavingia

Sahil Lavingia

@shl

47

Observation: Many entrepreneurs skew their world view to match what they *want* to believe to be true. The result: Wasted time and often failure. I’ve fallen into this trap. Be honest with yourself. 😊

Ryan Hoover

Ryan Hoover

@rrhoover

48

There will be a small amount of people that want you to succeed. There will be a small amount of people that want you to fail. That’s about them not you. And there will be a sea of people in the middle who don’t care. The people truly with you, they are everything.

Brian Norgard

Brian Norgard

@BrianNorgard

49

Everyone talks about product-market fit but more essential is founder-customer fit.

Sahil Lavingia

Sahil Lavingia

@shl

50

The right idea in the wrong hands is indistinguishable from the wrong idea.

Garry Tan

Garry Tan

@garrytan