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RR

Russ Roberts

08/07/19

@ Y Combinator

Founders often have non-financial motivations, such as the desire for their parents to see their success, which can be more profound than monetary gains.

Video

YC

EconTalk Host Russ Roberts on Key Economic Concepts for Founders

@ Y Combinator

EconTalk Host Russ Roberts on Key Economic Concepts for Founders

08/07/19

Related Takeaways

RR

Russ Roberts

08/07/19

@ Y Combinator

The emotional aspect of creating a company often involves a deep desire for respect and recognition from loved ones, which transcends financial success.

DC

Dalton Caldwell

01/06/22

@ Y Combinator

Founders who are intrinsically motivated tend to win in the long run, even if those motivated by external factors seem to succeed earlier.

RC

Ron Conway

10/15/14

@ Y Combinator

The best founders are not in it for the money; they focus on making a great product, and their company's success is a byproduct of that dedication.

HT

Harj Taggar

11/02/22

@ Y Combinator

It's common for founders' motivations to change over time, and many who initially planned to sell their company later find enduring reasons to continue.

YC

Y Combinator Cast

11/30/21

@ Y Combinator

Founders who are less desperate for cash tend to retain more ownership of their companies and experience greater happiness and innovation.

HT

Harj Taggar

11/02/22

@ Y Combinator

Your initial motivations for starting a company, such as the desire to make money or curiosity, are less important than the enduring motivations that develop over time.

JK

Justin Kan Cast

05/27/21

@ Justin Kan

I wish more founders focused on enjoying their work rather than seeking quick financial success, as passion leads to better outcomes.

YZ

Young Zhao

09/21/24

@ EO

Successful entrepreneurs often possess a sense of altruism, seeking to help others and derive spiritual benefits rather than just commercial gains.

DC

Dalton Caldwell

04/18/24

@ Lenny's Podcast

Successful founders often have a deep internal belief that they will make their company work, even when faced with challenges.