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A Founder's Guide: Essential Management Advice for Startups

Tomasz Tunguz

After analyzing hundreds of posts on startup management, I’ve distilled the key pieces of advice that founders and leaders should keep in mind. As startups scale, effective management becomes the difference between chaotic growth and sustainable success.

advice 103
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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. What is a founder to do? The most helpful type of advice in my mind are frameworks for how to solve a problem.

advice 407
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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

I’m a female founder. I don’t have a technical co-founder. These are all of the things I heard from a founder that I recently backed. So what about all of the above statements—things that founders widely hold to be true barriers to fundraising? The startup ecosystem is a terrific manufacturer of bad fundraising advice.

advice 476
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The Bad Advice Diverse Founders are Given Around Fundraising

This is going to be BIG.

Yesterday, I met with a founder with an interesting model who was raising $400k to bring the finishing touches to her product to make it customer-ready. In fact, the only founder I've ever seen completely run the table for a multi-million dollar seed round based off of a Powerpoint is Chantel Waterbury of chloe + isabel.

advice 419
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13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

Ai-Ling Wong—founder at The Decorateur. Alex Louey—founder and managing director at Appscore . Andrea Grisdale—founder and CEO at IC Bellagio. The reason this advice is so important is that often people are quick to make decisions or take actions, only to use twice the time later to fix mistakes that could have been avoided.

advice 325
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7 EO members share the best business advice they ever received

Entrepreneurs' Organization

Contributed by Kym Huynh, an EO Melbourne member, EO Global Communications Committee member, and co-founder of WeTeachMe. Here’s what seven EO members shared when asked, “What is the best business advice you ever received?” Kym Huynh, EO Melbourne, founder of WeTeachMe. If I outgrow you, I will fire you!”

advice 275
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Advice from Warren Rustand: Put Your Head Down and Walk Into the Storm

Entrepreneurs' Organization

She recently attended a Facebook Live stream hosted by Warren Rustand , co-founder of EO’s Leadership Academy in Washington, D.C., Rustand says he’s had calls from more than 300 business leaders at small and medium-sized companies looking for advice. where he addressed the global pandemic.

advice 274