Colin Barry

Curt Schilling (FD, Wednesday, Week 2)

founders-dilemmasyear-two

Personal traits that are virtues in early-stage ventures sometimes become liabilities as the venture continues. Examples:
-- Visionary, focused, determined => stubborn, unwilling to make trade-offs or take feedback
-- Bias for action => rash, ill-considered
-- Honest, realistic => blunt, unable to comprehend business norms

Challenge for early hires: leverage the founders' strengths vs. contain the founders' weaknesses.

A whopping 25% of my section plans to found a new enterprise out of HBS.
Admirable enthusiasm and commitment to changing the world? Regrettable overreach and suckered in by a consumer internet bubble? You be the judge....