What The Founder of a Company Cannot Do Starting a company is not a one-time activity, it's a life-time responsibility.

By Aashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

'My Business, My Way' does not seem to be working out for many companies worldwide.

Uber's Travis Kalanick's leave of absence soon after a series of leaks about the "sexist' culture that he has built at the company is testimony to the fact that no founder is irreplacable at their own company.

India too has had its Kalanick moment this week with The Viral Fever's, the company popularly known as TVF, founder Arunabh Kumar stepping down post a string of sexual assault allegations.

Another popular Indian name who had to step down from a company he built is Tarun Tejpal, the former editor of investigative magazine Tehelka. Post charges of rape and sexual assault on a junior journalist at a company event, Tejpal had to face prison sentence denting the image of Tehelka beyond repair.

All these three cases have one thing in common – founders having to step away from the companies they built. The question arises what is a company really withouts its founder and can a company survive without its founder.

Image is No Play

Companies need to be cautious of their image. A founder's behaviour with an employee or allegations especially of sexism and sexual misconduct can mar a company's image forever. No matter what the company has achieved since it's inception, a founder's slip up has grave ramifications.

Uber has been a pertinent Silicon Valley startup story of how a small startup could become a global name. India's answer to Disney, TVF, caused disruption in the content business by making the Internet a mainstream medium for original content consumption. At the time Tehelka started doing investigative stories, the Indian journalism industry did not see such long-form writing. None of the three companies were insulted from stark criticism arising from their founders' alleged deeds.

Vision Vs Impundency

The vision that a founder has for their company cannot be replaced by another professional's is a given in. However, a thin line of difference exists between vision and impudency. A company cannot be taken for granted by its founders. From employees to the office culture that is created, the founders need to be mindful of drawing that thin line. Any blurring can cause a serious dent to the growth of the company.

In its attempt to break barriers, Uber got entangled in several legal suits worldwide and has been fighting its employees' grievances ever since. The company's approach towards allegations of sexist behaviour at work has also been looked down upon globally. TVF's fierce rebuttal and failure in acception any misconduct by its founders drew criticism from the entire Indian startup community. Tejpal's brazeness struck a big blow to Tehelka's employees, half of who left the company to less tainted companies. The line that their founders crossed led to the breakdown of the company structure and in some ways also the company.

No Getting Away

Once a founder's vision translates into the magic of a company, there is no getting away. Every decision personal or professional gets associated with the company one builds.

Kalanick's leave of absence could truly be to grieve the tragic loss of his mother in a boat accident; Kumar's stepping down could no where to related to him being guilty of sexual misconduct allegations; Tejpal may have been able to prove himself not guilty of the charges imposed. But getting away is something none of them could do.

The hit that a company takes on account of their founders' behaviour is insurmountable. The loss of credibility, question on work ethics, investors' interest in further support and sometimes even the continuity of seamless operations lies ahead for companies.

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
Living

The 3 Lifestyle Habits That Made Me Sharper, Stronger and More Successful

These three simple yet powerful lifestyle changes transformed my productivity, energy and mindset. Here's how you can do the same.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

Science & Technology

The Deepfake Threat is Real. Here Are 3 Ways to Protect Your Business

The rising use of deepfakes is a growing threat to businesses and society as technology advances. Here are three tips for companies to combat this threat.

News and Trends

Kolkata-Based Lab-Grown Diamond Brand Jewelbox Secures USD 3.2 Mn

The startup will primarily use the funds to expand its retail footprint, growing from eight stores to 30 locations by the end of this year.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.