When a founder retains disproportionate control in a startup past the time they are qualified to, leading to management problems:
-The organization is strongly identified with the founder.
-Staff meetings are held generally to rally the troops.
-Typically, there is little organizational infrastructure in place, and what is there is not used correctly.
-There is no succession plan.
-Key staff are typically selected by the founder and are often colleagues of the founder.
-Staff may be chosen due to their personal loyalty rather than skills or experience.
-Professionally trained and talented recruits, often recruited to resolve difficulties in the organization, find that they are not able to contribute in an effective and professional way
-The founder begins to believe his/her own Press/PR
-The company suffers from decreasing public trust.
-The organization becomes increasingly reactive, rather than proactive.
-The company is unable to listen to their own users, community or outside experts.
-The company is unable to learn from previous mistakes.
-The founder frequently tries to position themselves as a "visionary" in a market they are inexperienced in.
-The CEO is often unable to make tough choices related to operations such as removing inefficient staff.
-When challenged the CEO assumes that users who do not agree with the CEO simply cannot understand the expertise he/she has built.
-The organization is strongly identified with the founder.
-Staff meetings are held generally to rally the troops.
-Typically, there is little organizational infrastructure in place, and what is there is not used correctly.
-There is no succession plan.
-Key staff are typically selected by the founder and are often colleagues of the founder.
-Staff may be chosen due to their personal loyalty rather than skills or experience.
-Professionally trained and talented recruits, often recruited to resolve difficulties in the organization, find that they are not able to contribute in an effective and professional way
-The founder begins to believe his/her own Press/PR
-The company suffers from decreasing public trust.
-The organization becomes increasingly reactive, rather than proactive.
-The company is unable to listen to their own users, community or outside experts.
-The company is unable to learn from previous mistakes.
-The founder frequently tries to position themselves as a "visionary" in a market they are inexperienced in.
-The CEO is often unable to make tough choices related to operations such as removing inefficient staff.
-When challenged the CEO assumes that users who do not agree with the CEO simply cannot understand the expertise he/she has built.
Dan: Oh man, I wouldn't invest in that business that guy has a bad case of Founderitis
Steve: What's that?
Dan: It's like when Ted ran Kik into the ground and bled that unicorn dry...
Steve: Oh...
Steve: What's that?
Dan: It's like when Ted ran Kik into the ground and bled that unicorn dry...
Steve: Oh...
by B3NYC March 21, 2019
Get the Founderitis mug.by Mkultra82 December 9, 2008
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What ladies wear under their clothes when they are ready to have sexual intercourse with the opposite sex.
Todd: Hey Mike!, I hope my girl is wearing her funderware tonite cuz she is really smokin' hot!
Mike: Yeah, no doubt, Right?!!!
Mike: Yeah, no doubt, Right?!!!
by Markus O'Relius August 5, 2009
Get the Funderware mug.The school where dress code is strict. Although the teachers are nice. The sixth graders are to stay away from since they are entirely gen z. There’s hardly any that actually have humor.
Founders Classical Academy Of Flower Mound has sixth graders that are midgets and think they are cool when they say sheesh, daddy chill, and plenty of other things that make the higher grades cringe at the fact that they used to be a sixth grader.
by Fell upside down May 22, 2021
Get the Founders Classical Academy Of Flower Mound mug.by special mcwow June 12, 2005
Get the funderful mug.Hey Mandingo, I went to your pappy's house last night and instead of watching Cop and a Half, he totally funderburked me.
by Brad February 14, 2005
Get the Funderburke mug.Not founder: Omg i love gnf so much, I am such a not founder!
Person 1: woah should I be a not founder too?
Not founder: Yes you definitely should!
Person 1: woah should I be a not founder too?
Not founder: Yes you definitely should!
by peepmari April 19, 2021
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