Considerations for Founders
Updated: Jul 12, 2020
With the world changing rapidly, founders may need to reconsider even their most recent plans.
These are some areas to consider.
Opportunities – Consider strategic hires, M&A, new business models, and inexpensive resources as potential investments.
Flexibility – Assess the landscape constantly. Stay faithful to vision and values, not calendars and schedules.
Strategy – Plan for a wide range of scenarios. Examine worst and best cases then prepare for everything in that span.
Knowledge – Collect information quickly for active decisions. Seek regular financial reports and candid team conversations.
Resilience – Realize your world may proceed sluggishly and painstakingly. Know you will struggle at times. Understand, forgive, and regulate your emotions.
Optimism – Remember many successful companies launched and grew in a downtown. Prepare for growth constantly.
Experimentation – Test new ideas by applying minimal effort and resources. Move forward on positive results.
Community – Find supportive family and friends. Invest in your team, peers, and clients. We all need connection.
If you are lacking a useful professional community, let me know. Anything else I should add, tell me in the comments.
Let’s keep growing together.