Eight tips for young founders. The advice shifts as careers mature; these address the specific challenges of the early-career founder.
- Start before you feel ready. Most founders didn't feel qualified when they began. Ready is a state you arrive at by starting.
- Build in public. Share progress, wins, problems. Builds an audience that will become customers and hires. Specific to the 2020s — an advantage older founders didn't have.
- Pick mentors who don't need you. The best mentors want nothing from you. Anyone transactional is not a mentor; they're a salesperson.
- Prioritise learning over titles. The first five years should compound knowledge, not resume lines. Opportunities that teach fast beat ones that pay better.
- Don't raise too much, too early. More money early creates expectations that kill nascent businesses. Bootstrap what you can; raise what you must.
- Take care of your health. Founders who burn out at 30 lose 20 years of earning power. Sleep, exercise, and relationships aren't optional.
- Be patient with wealth. Real wealth is decades of compounding. Founders who chase fast exits often trade that off; the ones who play the long game get both.
- Accept that it's not linear. Year 1 feels like survival, year 5 feels like grinding, year 10 looks obvious in hindsight. Normal.
Eight tips. Re-read this list once a year for the first five years of your company. The content doesn't change; your understanding of it does.
Comments (0)