Founder Skills
What is one extremely important skill/quality to possess to be a good founder?
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Sales. Period.
Aur profit jakh maar ke piche dodega?😂
Bilkul
- Sales Skills
- Good listening and observation skills.
- Team or Good People Manager [ humility and Humbleness ]
- Visionary
- Diplomatic skills
Good communication skills.
You did not mention what kind of a founder
Hi - Fi founders such as Kunal Bahl, Shah, VSS, Byju et. all sell dreamz not just tell a story. A dream to change the world on Excel and create a FOMO with investors.
If you want to be a "normal" founder who want to build wealth with solving a real problem , you will need to be all rounder. Can you talk to tech and product about roadmaps, review sales data and give ideas to marketing on how to increase sales. Talk to R&D and have them build a product that market does not have. Talk to finance about Sales, Revenue, EBIDTA, Profit, PAT, debt, equity, RSU. Interview to media houses about your vision, meeting and hiring your direct reports, townhall to employees about company progress..... all of these in a Week/ Month? Remember you can hire to execute only but not take decision
Demo all of the above to a investor and sum up the above all in 1 hour presentation?
If you were expecting a a silver bullet, sorry there isn't any
The stomach to eat shit and face failure
Humility Communication Prompt decision making Be Self-less Ability to prioritise Being fair & just
I am taking self less point with a pinch of salt. Care to explain the thought process behind that?
Visionary or pretend to be a visionary. Basically set the vision so that all the lallu, pallu, shallu do the mazdoori.
I know this is repetitive but resilience man.
Some days will break you. If you are foolish enough to not give up, you win (provided you had a clear hypothesis to begin with)