Over the weekend, Paul Graham's latest article struck a chord in startup circles, particularly with first-time founders grappling with the tension between Founder Mode and the conventional wisdom of managerial leadership. PG highlighted a recurring theme: as companies grow, founders are often pressured to adopt "best practices" that, rather than helping, can undermine their unique vision. This dilemma was vividly captured in a talk by Brian Chesky, where he described how following the well-meaning advice of "hiring good people and giving them room to do their jobs" nearly derailed Airbnb. For first-time entrepreneurs, this challenge is even more acute. When you’re venturing into uncharted territory, the natural instinct is to second-guess yourself. The idea that you need someone more "experienced," someone who’s "done it before," starts to creep in, feeding your insecurities. It’s easy to fall into the trap of thinking that seasoned professionals can navigate growth better than the person who brought the company to life in the first place. Graham's article reminds us that this outside conjecture is often misguided and can be damaging. Historically, many VCs echoed this sentiment, frequently replacing founders with more experienced CEOs once a company reached a certain scale. The belief was that professional managers were better equipped to handle the complexities of a growing business. Then a16z entered the scene, championing the notion that founder-led companies are not just viable but preferable. They turned the tide, advocating that the founder's unique insight and passion are irreplaceable assets, even as the company scales. The takeaway for first-time founders? Listen to feedback, but don’t let the inevitable self-doubt take root. Your instincts, which have guided you this far, are more powerful than you realize. You will need to adapt and change, but that’s part of the game. As Albert Camus wrote, "In the midst of winter, I found there was, within me, an invincible summer." Trust in that inner strength. The road might be uncertain, but you have the resilience to navigate it, no matter how daunting it seems.
It was a great article to serve as an alarm to not go by default to external managers as solution to all problems. However, as entrepreneur myself and investors in several founder led companies, i understood that it mostly depend on founder ability to level up, be open and learn as much as he can. Growth mindset is key. Otherwise the company can be destroyed by stuborn imature founder same as it can by superficial external manager. Leveling up means you also learn how to hire other great people. My 2 cents :)
Advocating that “the founder's unique vision and passion are invaluable, even as the company grows”, is essential. Outsiders can play a crucial role in the company's success, but only when they truly grasp the culture that brought it to this point, understand the unique value proposition and BUSINESS MODEL -being ultra hands on- of the startup, and share the founder's passion for addressing customer pain points. It's equally important that they recognize that investors are there to support the mission the founder envisioned—not to shift the focus towards merely pleasing investors. This is a common pitfall of large public companies/consolidated companies, where the pursuit of quarterly/year stock results can steer them away from their core purpose. Startups, especially in their early and mid-stages, thrive on creating disruptive value from scratch, which doesn’t always align with traditional models of maximizing short-term value. This concept was explored brilliantly in the 'All In' podcast, which followed up the post by Paul Graham, sparking a deep discussion around the importance of maintaining a founder-driven vision while scaling, without compromising the original mission in favor of investor pressures.
we got this 💪
Brian, valeu pelo compartilhamento 🙂
Here is a quick share on powerful quotes. When I was a teen, my first business mentor, Fred Ackourey, shared this quote with me.
Great post and powerful quote. I loved that. I right away went to look up more about the author and that quote.
Gran reto dar verdadero espacio de acción al visionario; misma ananlogia hacia adentro de la operación empresarial como colaborador.
Great piece, Brian! Complex issue! Thanks for sharing.
Entrepreneur, Husband, Father of 5, 2h55 Marathon PR
6moOne of the best articles about this theme!