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Noam Wasserman's "THE FOUNDER'S DILEMMAS" Presents Essential Lessons for First-Time Founders

ID: 1099970

(firmenpresse) - KANSAS CITY, MO -- (Marketwire) -- 04/04/12 --



Often downplayed in the excitement of starting a new business venture are some of the most important decisions entrepreneurs will face: Should they go it alone, or bring in cofounders, hires and investors to help build the business? Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. Using a data-driven approach not found in other startup books, "" brings academic rigor to the real-world questions that challenge and puzzle entrepreneurs throughout a startup's development.

Released today as the latest book in the , author Noam Wasserman explodes the popular myths of "founding dilemmas" -- the difficult but necessary decision points founders must face that have important consequences for the founding team and their startups -- by drawing on extensive original data on nearly 10,000 founders in the technology and life sciences industries.

Wasserman, who teaches an award-winning course on entrepreneurship at Harvard Business School, narrates one of his lessons in a new Kauffman Sketchbook. "" presents three key areas founders should carefully evaluate before leaping into a new venture to anticipate their options and understand pitfalls to avoid: career capabilities, market needs and personal circumstances.

Intended to serve as an essential resource for every entrepreneur's toolkit, gives founders and founders-to-be a trailblazing guide to making better decisions on the road to success. The book is available and in bookstores.

Find "10 Surprising Facts" and the "Sequence of Founding Dilemmas" excerpts from the book at .



"Every entrepreneur faces trade-offs when founding and growing their company. As we discovered at YouTube, those early decisions have far-reaching impacts and lead to unforeseen pitfalls down the road. Noam Wasserman uses vivid anecdotes and deep research to expertly outline the key early choices that define a startup, making ' an invaluable alternative to real-world trial and error."





"If you're starting a new company, you probably already know that a crazy variety of land mines await you. What if you had a map that showed exactly where they are and how to avoid them? Wasserman's recommendations are backed up by rigorous research -- a rare thing in books about entrepreneurship -- and his stories and anecdotes serve as accessible illustrations of situations faced by thousands of companies. Having seen these dilemmas derail countless startups, I wish every entrepreneur and prospective founder would read this book."

"Looking at the real-life founder issues of many accomplished entrepreneurs, Noam Wasserman draws insights that are both universal and timeless. If you're thinking of starting a new venture, do your homework and read this first."



The Ewing Marion Kauffman Foundation is a private nonpartisan foundation that works to harness the power of entrepreneurship and innovation to grow economies and improve human welfare. Through its research and other initiatives, the Kauffman Foundation aims to open young people's eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies, and find alternative pathways for the commercialization of new knowledge and technologies. In addition, the Foundation focuses on initiatives in the Kansas City region to advance students' math and science skills, and improve the educational achievement of urban students, including the Ewing Marion Kauffman School, a college preparatory charter school for middle and high school students. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo. and has approximately $2 billion in assets. For more information, visit , and follow the Foundation on and .





Rose Levy
646-660-8641

Goldin Solutions

Casey LaVela
609-258-3897

Princeton University Press

Lacey Graverson
816-932-1116

Kauffman Foundation


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Datum: 04.04.2012 - 06:00 Uhr
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