The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (Kauffman Foundation Series on Innovation and Entrepreneurship)

Members of the entrepreneurial community often say that the founding process is “a marathon made up of a series of 100-yard dashes.”

The last thing we did upon graduation was to drive cross-country for five days and talk about what it would take for us to start a business together. What would be our hopes and aspirations, what kind of business would we start, what were our financial risk profiles, what would we be proud of, what things did we like to do, what did we not like to do, what were our greatest strengths and greatest weaknesses, what were our pet peeves, what we wished we could change about ourselves, what we feared, what would make us quit trying, what kind of people would we hire and what would we expect of them, would we consider another founder for skills we did not have (no), what would our values for the company be?