[Repost] Essential Traits for Surviving a Startup

Liao Jiayi Liao Jiayi #nothing#Reflections

Reposted from joining-hypergrowth-startups. I strongly agree with much of it and have personally experienced how these traits affect individuals, teams, and entire companies.

Translated from Chinese with AI · Read the original

Note: Reposted from https://klinger.io/post/654608607896272896/joining-hypergrowth-startups. I strongly agree with much of this article and have experienced firsthand how these traits affect individuals, teams, and even entire companies. Thanks to the author for organizing them systematically. I have translated the core ideas here in the hope that readers find them useful.

Mindset

  • Do what you say
    • Everyone depends on your work; do not abandon it halfway or go back on your word
    • Think through how to deliver before making a commitment
    • Raise difficulties promptly while executing
  • Everyone will hold transitional roles
    • Early employees may change roles more than ten times in two years
      • Do not get attached to job titles
      • Find people better than you; discover what you are truly good at

Solving Problems

  • You are here to solve problems, not merely point them out
    • Most startup problems are not especially hard; there are simply many of them
    • You are here to solve problems, not point them out
  • A problem that is not fully resolved is not solved
    • Completing the first 20 percent of a solution is usually easy
      • Do not leave solutions unfinished
    • Ensure the work is completed and that completing it actually solves the problem
  • Bring solutions
    • Think of solutions to the problems you raise; do not just throw them at others

Stress and Chaos

  • Work is stressful
    • Stress comes from lack of control, not merely working hard
    • Exhausting yourself accomplishes nothing
    • Allow brief, controlled emotional release
  • Build systems
    • Early-stage companies may be chaotic
      • Establish systems without obsessing over them; improve them when necessary
  • Work may be urgent, important, critical, or highly visible
    • Understand the differences and the strategies each requires
  • Failure is inevitable
    • Risk management matters
      • Prepare recovery plans
      • When failure occurs, face the challenge rather than becoming trapped in the past
    • Consider opportunity cost
      • Balance temporary fixes against long-term solutions
  • Work quickly and effectively instead of relying on overtime
    • Thinking about how to multiply your capabilities matters much more than working extra hours alone
  • Find things outside work that restore your energy
    • Family, exercise, hobbies, passions
    • Prefer spending time on
      • Permanently resolving tasks that consume large amounts of fragmented time
      • Expanding your capabilities

Broadening Your Capacity

  • Never remain stuck on one task
    • If stuck, switch quickly to something else
    • Do not let it block progress elsewhere
  • Do not wait excessively
    • Trust yourself to make a good-enough decision
    • Consider which factors matter most
  • Earn autonomy through transparency
    • Keep documents and tasks transparent
    • Encourage ownership and build trust
  • Keep learning
    • Learn continuously from problems, as quickly as possible
  • Multiply your capabilities
    • Automate
    • Hire
    • Delegate

Teams

  • If you lead a team
    • Pass problems down and share decision-making authority
      • But remain accountable
    • Every success belongs to every team member
      • Every failure is yours
    • Treat everyone on the team as an adult
      • Share information
      • Trust their decisions
      • Even when you think they are wrong, trust them
    • Ensure everyone is treated fairly
      • You may value people differently, but do not tell anyone
  • Fast-growing teams must be able to clean up messes
    • Users should not have to feel the project’s problems
    • Make an extra effort when possible
    • Early overtime may be unavoidable
      • Later, establish processes, systems, and systematic solutions to prevent it
  • Being disappointed in people versus in situations
    • Understand the difference
    • By default, be disappointed in the situation even when it looks otherwise, unless it keeps recurring
  • Colleagues are not your therapists
    • Never transfer your stress to subordinates
    • Avoid transferring it to peers and managers
    • Venting and sharing are fine
      • Dumping the problem on others is not helpful
        • They have neither the time nor the ability
        • Usually they will end up under the same stress
        • Usually it is their first encounter with the situation too
      • Ideally, have a fallback plan before venting
    • Seek advice from more capable people

Career

  • Career planning
    • You will not stay at this company forever
      • People who thrive early may not thrive later
      • Most founders start companies because they do not want to work for large ones, then build large companies themselves. Their absolute authority may keep them there for a long time; others may not stay
    • Plan a learning period of 1–3 years
  • Ask for more options
    • Options may be worth more in the future
    • Salary increases are easier to obtain later
    • Increasing option value is as hard as increasing the company’s valuation
    • This applies only to early-stage startups
  • Enjoy it all
    • Do not take yourself or everything else too seriously
    • Do not sacrifice your health
    • Do not sacrifice your family; that cannot be recovered either