Founder Blood and Ambition
Posted3 months agoActive3 months ago
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Founders
Entrepreneurship
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The article 'Founder Blood and Ambition' explores the qualities and characteristics that define successful founders, sparking a discussion on the traits and mindsets required for entrepreneurial success.
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Oct 14, 2025 at 9:37 AM EDT
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- go raise money
- consult while you are bootstrapping, use that money to pay people
- go offshore (you can pay people much less, usually)
- let people work 1/2 time on your project and consult the other half (I did this)
What kind of equity were you offering? If you are expecting people to work without pay, you are looking for co-founders. So I'd expect the equity to be double digit percentages.
I eventually hired 3 full time devs offshore after realizing almost no one has the risk appetite. $500/mo avg. 2 were duds who I removed after a month each, but the last one was great. Learned my hiring lessons.
Consulting would have been difficult because I spent day and night on the startup.
Letting people work 1/2 time on my project and consult the other is smart. I would just have to secure the clients. I will consider that in the future.
I gave people the option to work 20-50h/week, but no one took up that offer. The only people who joined were 5 people: - 3 friends I knew from online and did projects with before. - 1 person I met from reddit and also a unemployed 2024 grad (but she was still money hungry, left 2mo after while being only part-time). - 1 person from YC combinator. Great guy and former founder, but he had to leave 3w in due to a lawsuit abroad.