What is your best decision as a founder?

Question

We often discuss our mistakes and bad decisions, but let's discuss your best decisions today.

Sumal Jamil · Accepted Answer

@nickanisimov woah that's smart! I think financial planning is the most important part of a founder's journey

TJ Larkin · Answer

Best call I ever made was partnering with technical experts instead of trying to learn everything myself and admitting I needed help! Used to think 'solo founder = do everything alone' until burning out taught me otherwise.

Nick from FirstHR · Answer

I'll start.

One of the best decisions I made was that before Covid hit, we decided to save some money in all projects. And that helped us a lot during Covid.

Ali Naqi Shaheen · Answer

We had a bold growth strategy in place for our company, but the unforeseen decline in the country’s economic climate derailed our plans. With no clear indication of a quick recovery, we found ourselves facing a difficult reality. Rather than continue depleting our initial investment, we made the tough decision to halt further funding and let our initial capital go. Although this was a hard choice, it ultimately proved to be a wise one. By conserving our resources, we were able to navigate the challenging economic landscape and keep our company afloat.

xucian · Answer

do everything myself
even front-end, which I hate(d)
thank God svelte exists, I couldn't have made it

Ivan Balukov · Answer

Make as much as you can alone

Emily Smith · Answer

Patience!

Aymen Loukil · Answer

Hi,

The best thing I did was to teach people before trying to sell to them.

Nick from FirstHR · Answer

@loukilaymen I agree 100%. Very cool insight.

Answer

Keep doing whatever it takes until you get results.

TammyClark · Answer

As a founder, my best decision was definitely choosing the right co-founders and early team members. It's like picking your family in a startup; you spend so much time together, and having people who not only bring diverse skills but also align with the company’s values and vision makes all the difference. It’s been the backbone of our success.

SarahRider · Answer

As a founder, my best decision was probably building a strong, diverse team from the start. It’s easy to want to do everything yourself, but recognizing that different perspectives and skill sets are crucial has been key to our success. Surrounding myself with people who complement my strengths and weaknesses has made all the difference.

Carl Strempel · Answer

Your idea is just a starting point, don't get married to it. When the market is telling you something be humble enough to listen and prepared to pivot!

Nick from FirstHR · Answer

@to_be_designed Without financial planning, it is very difficult for any business to be sustainable :)

Nick from FirstHR · Answer

@tjlarkin I also realized that it is much easier and more effective to buy information from a professional than to try to learn everything on your own from scratch.

What is your best decision as a founder?

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