The Psychology of Founders Who Win in Downturns
In a downturn, the wise Founder will know the first action needed is a pivot of the mind. The CEO’s psychology is the greatest point of leverage in a company’s success or failure. Leading my own VC-backed tech startups successfully through the 2000 and 2008 downturns, I’ve noted how great Founders shift their mindsets and psychology during […]

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Hussein Hallak

The Psychology of Founders Who Win in Downturns

In a downturn, the wise Founder will know the first action needed is a pivot of the mind. The CEO’s psychology is the greatest point of leverage in a company’s success or failure.

Leading my own VC-backed tech startups successfully through the 2000 and 2008 downturns, I’ve noted how great Founders shift their mindsets and psychology during a downturn in ways that drive survival and success.

Executing mind shifts can be hard work because typically, you must go against your optimistic instincts as a Founder. You must also often overcome the impulses of your employees and/or board.

We’ve noted 8 mind shifts of CEOs of companies that survived, then thrived, despite downturns. Once you have mastered your capacity for these mind shifts, however, you will be well-positioned to manage through nearly any period of crisis that might come ahead.



The only startup course inspired from the experience of helping more than 3500 entrepreneurs of which 300 have grown their startups to Seed and Series A stage and raised over $300 Million in funding.


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