Here are a few things we have learned about Founders, both from being Founders ourselves as well as listening to and learning from other Founders:
In our experience, Founders:
• Like flexibility and want to preserve their options as long as possible
• Operate on time frames and business values differently than entrepreneurs
• Care deeply about their employees and their families
• Want future liquidity events to positively impact their company and culture
• Are passionate first about profitability and secondarily about growth
• Abhor debt and operate very conservatively, sometimes to their detriment
• Want to leave a legacy, professionally (industry, employees) and personally (family)
• Are often afraid to grow ‘too much’ for fear it will threaten their ‘golden goose’
• Accept sub-par results at times because they lack bench strength
“I view Acresis as the ‘Founder’s consiglieri’ … they've stood in my shoes and when we work together I can feel that they are operating from a position of proven experience.”
- Brian Williams, Founder, OneSource Virtual