The process from starting to managing a start-up is a daunting process for any entrepreneur. In that journey, founders from different companies face a challenging set of questions which they struggle to come up with answers for.
While browsing through the Kinokuniya bookstore on a Saturday, I came across this book “The Founder’s Dilemma” by Noam Wasserman, which has the extraordinary nature of combining scholarly research and practical advice on dealing with a couple of sensitive issues from founding team dilemmas to division of equity and other financial rewards among the founding team.
Highly recommended for those who plan to embark or are already living the entrepreneurial lifestyle, it can serve as a guide to very tough situations for founders to evaluate the best possible way out. Read more
Whenever I teach the Entrepreneurship course in NTU, I often made the point that my aim is not to teach people how to start companies, but rather to impart some best practices on how successful people build their companies.
Finally, I found a book that echoed exactly the same view. “The Start-up of You” by Reid Hoffman (Co-founder of LinkedIn) and Ben Casnocha describes in detail on how one can map the lessons of successful entrepreneurs in Silicon Valley into their own careers in an uncertain global economy out there. It might be interesting to draw out some of the important ideas sketched out in the book. Read more
Through a very interesting episode in Jason Calacanis‘ “This Week in Startups” (a videocast featuring about the trials and tribulations of startup founders), I discover an interesting book “Just Listen” written by Mark Goulston. Unlike all other episodes which talk so much about the stories of start-ups, the interview with Mark Goulston discusses the issues that all challenging situations and stress conditions which happen around a business environment. Particularly in startups, which it is likely that very few entrepreneurs will talk about is the management of human relations. The basic theme for “Just Listen” is to focus on how we can get through to anyone, even when productive communication seems impossible. So, we review the book and tell you why you should read it. Read more
What is one of the important components in getting an expensive education in Singapore? Our contributor, Wong Meng Weng thinks that research skills are one of them and urges wannabe entrepreneurs to start exercising the skills which they learned from school. A Singaporean entrepreneur who has returned from Silicon Valley and now an angel investor within the community, Meng Weng hopes that his open letter will offer a guide to wanna-be entrepreneurs when they should set up a meeting with an investor. Read more