The founder has no idea what to do next

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sadiksojib35
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Joined: Thu Jan 02, 2025 7:12 am

The founder has no idea what to do next

Post by sadiksojib35 »

Many founders leave the company and, even with liquidity in hand, do not know what project and why they want to do next. This problem is more common than it seems at first glance. The Tiger 21 investment club has developed a whole program to support former business owners who have not determined the further vector of personal development.

In a study conducted by a private bank, 36% of respondents noted that building a further life strategy after leaving a startup was much more difficult than they expected. That is why it is so important to think through an action plan and choose a further focus. For example, I left the startup with my eyes shining, because I was already head over heels in another idea - a service for healthy sleep.



The most promising employees stopped growing after the founder left
Before the final deal to transfer the company, it is belgium whatsapp phone number worth asking top managers about what exactly motivates them and what further growth points they see for the business. Your interest will help the managers understand why they should stay with this project during difficult times and how else they can restructure its strategy.

After the exit, I was convinced of the professionalism of the remaining team when I saw how they acted during the crisis. QIWI, having bought Taxiaggregator, remained its only payment partner. At the beginning of 2024, the bank unexpectedly lost its license. So the instant payment service stopped making these same payments.

It was possible to write everything off to external circumstances, or to create the impossible. The team chose the latter - they grouped together and developed integration with a new bank in 46 hours. Anyone who has encountered deep involvement in banking processes knows that in a good scenario it takes 2-3 weeks, in a bad one - indefinitely.



The project was "folded"
Most likely, the reason was an incorrect transfer of processes to new hands. Perhaps the exit was too hasty or the team fell apart, unable to cope with the difficulties. Therefore, it is important to correctly and gradually transfer matters to a new leader - this is a separate block.
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