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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.

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

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.

YC

Y Combinator Cast

01/03/17

@ Y Combinator

Starting a company is an emotional roller coaster, and having someone to share the experience with can help you get through tough times.

SA

Sam Altman

05/02/17

@ Y Combinator

Founders should focus on their own psychology as the company grows, as the emotional highs and lows can become more pronounced. Managing this is essential for long-term success.

RR

Russ Roberts

08/07/19

@ Y Combinator

The emotional aspect of giving your company away is significant; it's like turning over your child to someone else, which can be a brutal experience for founders.

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.

MA

Marc Andreessen

12/15/24

@ Chris Williamson

Starting a company is often romanticized, but it should only be pursued by those who feel compelled to do so, as it can be an extremely painful experience.

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.

ZP

Zach Perret

05/27/25

@ Acquired

The emotional response from employees during the acquisition announcement was intense, as many had invested years into the company and had their identities tied to its success.

YC

Y Combinator Cast

10/15/14

@ Y Combinator

Successful entrepreneurs are deeply committed to their work, often to the point where they communicate to their partners that the company comes first.