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Should You Start a Company? The Honest Truth

From My First Million · Published Jan 5, 2026 · Watch on YouTube

TL;DR

The video features Brian Halligan, co-founder of HubSpot, discussing the realities of founding and scaling a company. His happiness varied by stage (peaked at 10–1,000 employees), and he describes the emotional experience as 90% problems and 10% wins, with constant imposter syndrome and existential fear.

Key insights

  • Founder happiness is not linear: Halligan grades his enjoyment as C (2–10 employees), A (10–100), A- (100–1,000), and low (1,000–10,000). The 100–1,000 range was best because he felt he knew what he w
  • 90% of a founder’s time feels like “a shit sandwich” – problems, bad news, existential threats. The ratio does not change as the company grows.
  • Imposter syndrome is nearly universal among successful entrepreneurs; Halligan and most CEOs he interviews experience it.

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