What are the most important lessons you learned in your journey as a startup founder? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.

Answer by Austen Allred, Co-founder and CEO - Lambda School, on Quora:

Being a founder is fundamentally about three things:

  1. Having and setting a clear vision to solve a widely-held problem. I think this is the most important thing; nothing makes up for that.
  2. Communicating that vision clearly. Even more important than nailing exactly what your current vision is nailing exactly the problem you're trying to solve. Most problems aren't new and are fundamental to the human experience - you're trying to make it easy to solve for a fundamental human desire (at least in consumer; enterprise may be different).
  3. Learning as fast as you can and bringing on people who are 100x better than you at solving problems. You quickly find as a company enters rapid scale that your job is mostly recruiting, communicating, and serving as traffic control. You find great people, sic them on a well-communicated problem, and let them work their magic.

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Published on: Jan 17, 2020