Details if other :. Thanks for telling us about the problem.
Sheikh Zayed bin Sultan Al Nahyan
Return to Book Page. When founders, boards and executive teams get together to build a billion dollar business, they often fail to realize that what's required in a leader during the early stages of growth is altogether different than what's needed later on.
The characteristics of leadership so crucial in a company's infancy - the vision, the drive, the creative genius - are not the same quali When founders, boards and executive teams get together to build a billion dollar business, they often fail to realize that what's required in a leader during the early stages of growth is altogether different than what's needed later on. The characteristics of leadership so crucial in a company's infancy - the vision, the drive, the creative genius - are not the same qualities needed in a big company. Get A Copy.
Hardcover , pages. More Details Original Title.
Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about The Founder Factor , please sign up.
- WeWork's Adam Neumann: The Problem With Founders - The Atlantic!
- 5 Reasons Why Co-founders Fall Out.
- 7 Traits You Should Look for in a Co-Founder.
Lists with This Book. This book is not yet featured on Listopia. Community Reviews. Showing Average rating 2. Rating details. All Languages. More filters. Sort order. Les Trachtman rated it it was ok Dec 30, Each one is illustrated with several scenes that give shapes to the concept.
Two of them especially draw my attention:. The illustration of what is a breakthrough innovation, and what it means to bring it to the market. On the contrary, the second is still blank of any comments yet very rich to understand when we are dealing with a breakthrough innovation and how to identify such situations. FYI : the scene analyzed here takes place between and of the movie. The heyday of the drive-in restaurant model in the US. Here is the principle: you arrive by car at the restaurant and stop in the parking lot.
Your hamburger-fries-cola-milkshake menu is prepared on demand at the kitchen. The carhop comes back with your order. You eat your hamburger-fries-cola-milkshake in your car. This allows a customer to eat faster than in a traditional restaurant, where you have to get off your car. The restaurant is then only made of a kitchen, smaller and thus cheaper than a traditional restaurant to set up.
The drive-in was very popular among young people wearing blue jeans and listening to Chuck Berry and Elvis Presley. So drive-ins also developed features for this population: jukeboxes, cigarette vending machines, etc. But not for long. The McDonald brothers then decided to tweak several characteristics of the traditional drive-in restaurant, in order to deal with these limitations. First, they removed all the unnecessary. Then, to tackle point 2.
Funding Circle's IPO: The Founder Factor
At the end of the day, what did they change compared to the traditional drive-in? Quite a bunch of things:. They are too different from each other. Second, people think they are mad. And indeed they are. Crazy guys! A great indicator to spot them. And they did open it.
People think they arrive at a drive-in, but it is not! Tough moment for the brothers and for the clients that feel underserved. This is also characteristic of breakthrough innovations: your clients do not expect from you to completely change the model they are used to. Their reaction is usually not what you expected.
A Founder’s Limits | Brian Casel
To prevent it from happening, the one option is to communicate on your concept as soon as possible. It always takes time. But the brothers do not let this discourage them.