SaaStr · 2021-09-10
· 1727d
Quality of Life in Startups: Building Great Teams and Achieving Excellence
Jason Lemkin explores what 'Quality of Life' means for startup founders and executives, arguing it's not about money or leisure but about working with exceptional teams, building great products, and being part of something meaningful. He shares personal experiences from his startup journey and provides three key pieces of advice for founders seeking this higher quality of life.
Metrics in this report
First Startup Milestone - ARR
$1,000,000$
minimum
startup founder achievement
Founder Work Schedule
24hours/day
approximate
during high quality of life phase
Optimal Management Team Building Phase - ARR
$2,000,000 to $12,000,000$
range
growth phase with mature leadership
Second Startup Milestone - ARR
$10,000,000$
target
startup founder growth phase
Time to Build Management Team
36months
actual (cited as mistake)
author's second startup experience