Startup.com Partnership

915 words - 4 pages

Startup.com Lessons Learned: PartnershipStartup.com was a brilliant movie which followed a couple entrepreneurs through one of their startups. While there were a lot of great plot points, stressful situations, and joyful moments, I got more out of the movie as I started to think about my past growing up. My name is Robert Stanton and my dad is a Serial Entrepreneur. I think the biggest thing I learned from this movie is its not always a good idea to partner up with your best friends: the fall out is too huge. When reflecting on my dad's history, he has never partnered with a childhood or previous work life friend of his. I asked him a couple days ago why and he said that no job is worth risking a friendship. He's founded more companies than I can even remember and throughout these companies the same group of people remain. He found a group of like-minded individuals who have no prior history together, who all mesh well together. To my dad's credit, I have never seen him yelling at any employees and after seeing this movie, I know it must have happened. Him shielding me from this made me think starting a business must be easy growing up; this movie re-reminded me business is business, feelings will get hurt. I think if I was the CEO of govWorks I would have made clear boundaries with my best friend. The fact that the company was so far in and it was still unclear if there was a dual CEO scenario is beyond me.Being humble as an entrepreneur is something that is sometimes overlooked; it is something govWorks.com overlooked. Every entrepreneur is a risk taker of some sorts, for instance Kaleil left is high paying job at Goldman Sachs to found a company. The only way people will take these risks is because they have the belief that their idea will be "the next big thing." With this, sometimes comes some arrogance unfortunately though, as the strong belief in your idea sometimes comes off as arrogance that you've already succeeded. A great example of this was when they received harsh feedback in their first few interviews in California. Instead of taking it to heart and appreciating the feedback, they went on the approach that that guy had no idea what he was talking about and implied it was basically a waste of their time. I have found the Harvard entrepreneur community to be about 75%/25%, with the majority being humble...

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Startup.com Partnership

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