Dear Founder Book Summary - Dear Founder Book explained in key points
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Dear Founder summary

Maynard Webb Carlye Adler

Letters of Advice for Anyone Who Leads, Manages, or Wants to Start a Business

4 (67 ratings)
23 mins

Brief summary

Dear Founder by Maynard Webb and Carlye Adler is a guide for entrepreneurs with lessons from successful founders. It offers advice on fundraising, hiring, and leading teams, with emphasis on communication and self-awareness to build successful companies.

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    Dear Founder
    Summary of 8 key ideas

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    Ponder some key questions and make sure you’re fully committed before launching a startup.

    If you’re reading these blinks, chances are you’re thinking of going it alone and starting your own business – but have you asked yourself, why? Is it because it’s the thing to do these days, or are you just in it for a quick buck? If you’re not sure, it’s time to ponder some key questions and a couple of sobering facts!

    First things first: a lot of startups fail. That’s statistically proven, but it also makes intuitive sense. After all, there’s only so much money, attention and support to go around. A couple of startups enjoy meteoric success – just think of Google or Facebook – while the rest fight for crumbs.

    That’s not supposed to deter you, but it is important that you keep it in mind. If you’re going to make it, you’ll need to be extremely hardworking and make smart decisions. Still game? Great, now’s the time to answer that all-important question and clarify your aims. Whether you want to make a ton of cash or change the world, having a clear idea of your goal will see you through tough times.

    You’ll also want to make sure you’re firmly committed to your project before jumping in. Remember, adversity is virtually guaranteed. Success is all about sticking to your guns, even when the situation looks all but hopeless. That said, you should put a couple of numbers to that commitment so that you know when to hit the eject button.

    You might, for example, say that you’re willing to put $200,000 of your own cash into your startup and that you’re going to stick it out for a year. If you realize there’s little to no chance of your making it after 12 months, it’s probably a good idea to quit before you end up throwing good money after the bad.

    And here’s the final thing you’ll need to keep in mind: although you’ll be dependant on your own resources, you’re much more likely to come out on top if you have the support of others. That’s why it’s so important to make sure your friends and family are on board with your project and understand the risks. Your life is going to be hectic, unpredictable and full of long shifts – you don’t want that to cause grief in your relationships!

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    What is Dear Founder about?

    Dear Founder (2018) is a comprehensive introduction to the basics of setting yourself up in business and founding a kick-ass startup. Packed full of handy tips and actionable advice from seasoned industry pros, these blinks will prepare you to both preempt and overcome everyday obstacles on your way to the top.

    Dear Founder Review

    Dear Founder (2018) explores the journey of building successful startups and offers valuable advice for aspiring entrepreneurs. Here's why this book is worth reading:

    • It provides practical lessons and insights from experienced founders, helping readers navigate the challenges of building and scaling a company.
    • Real-life stories and case studies offer a glimpse into the highs, lows, and pivotal moments of successful startups, making the book relatable and engaging.
    • The book offers guidance on leadership, hiring, and culture-building, providing actionable strategies for creating a thriving and impactful company.

    Best quote from Dear Founder

    Once committed, dont look back and wonder; put all of your energy into making this successful.

    —Maynard Webb and Carlye Adler
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    Who should read Dear Founder?

    • Entrepreneurs
    • Leaders
    • Mentors and coaches

    About the Author

    Maynard Webb is an investor, the former COO of eBay and Chairman of the Board of Directors at Yahoo. He specializes in supporting promising startups, and also has his own startup, Everwise, which mentors entrepreneurs.

    Carlye Adler is a prize-winning journalist who has co-authored numerous books, including the New York Times bestsellers Meditation For Fidgety Skeptics (2017) and Startup Land (2014). She is also a regular contributor to magazines such as Business Week and Forbes.

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    Dear Founder FAQs 

    What is the main message of Dear Founder?

    Dear Founder is a guide for entrepreneurs, offering practical advice and inspiring stories to help navigate the highs and lows of startup life.

    How long does it take to read Dear Founder?

    The reading time for Dear Founder varies depending on the reader's speed. However, the Blinkist summary can be read in just 15 minutes.

    Is Dear Founder a good book? Is it worth reading?

    Dear Founder is worth reading for its insightful perspectives on entrepreneurship and valuable lessons from experienced founders.

    Who is the author of Dear Founder?

    Dear Founder is written by Maynard Webb and Carlye Adler.

    What to read after Dear Founder?

    If you're wondering what to read next after Dear Founder, here are some recommendations we suggest:
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    • How to Start a Start-up by ThinkApps
    • The Innovation Stack by Jim McKelvey
    • Man’s Search for Meaning by Viktor Frankl
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