Product-centric first-time founders often share a set of secrets that hold them — us — back; We feel insecure and incompetent about business decisions.
Some of the most commonly shared insecurities for first-time product-centric founders are:
How do we build a “real” company?
How do we transition from being a few founders in a “club” to a company?
How do we best communicate about our company?
How do we best articulate where we are going?
Am I doing this right?
As product-centric founders we try to keep our doubts and insecurities secret. Instead of showing vulnerability we are doing all they can to build and maintain an image of a professional company, run by great people who are in control.
When we try to pass as “great people, in control” we sometimes resort to arrogance, bolt-on jargon and hyperbole or we simply don’t go anywhere, paralysed with fear and doubts.
This means that hard and defining choices, that would really shape the future of the company, happen way too late, if ever. Important time is lost, and learning happen too little and too late.
In the best cases, the first-time founders get outside help, or they evolve fast enough, in time for a new beginning for the company.