Publication Date

3-2010

Abstract

KEY FINDINGS

* The career experiences of start-up founders, and the initial organizational structure they create, matter for a new venture’s future success.

* Firms with little organizational structure and inexperienced founders—“engineers in a garage”—are disadvantaged on all fronts and are the least likely path to success.

* Organizational structure (i.e., positions) and career experience are not interchangeable—having one does not compensate for lacking the other.

* Deliberate planning for the future—including decisions about which positions and experience are needed for success—should be done at the very beginning of a new venture. Don’t assume it will be easy to add more experienced talent later.

Comments

Recommended Citation
Center for Advanced Human Resource Studies. (2010, March). Founding Matters: Initial Choices Predict Future Start-Up Success (CAHRS Research Link No. 4). Ithaca, NY: Cornell University, ILR School.

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