Get All Access for $5/mo

3 Personality Types That Can Make the Startup Rollercoaster a Bumpy Ride From the thrill seekers to the onlookers, entrepreneurs need to pay attention to the different types of people looking to join their team. Here are three types to focus on.

By Andy Miller Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

With its ups and downs and twists and turns, I'm sure most of you can readily appreciate the metaphor of life as a rollercoaster.

This analogy also often applies to startup life, but the metaphor isn't completely accurate. The truth is, as an entrepreneur, it is hard to predict when you'll reach the top or when you're going to tumble. The twists you have to take to best position your company are often hard to forecast and unforeseen circumstances -- whether it be a sudden change of heart from a funding source or a loss of an influential first customer -- can send you right back to the drawing board without a complete roadmap of where you're going next.

So, I think of startup life more like riding a rollercoaster in the dark -- you know there will be ups and downs but you can't anticipate when they will occur.

This is important to keep in mind when it comes to building your team. In my experience there are three types of people you'll come across in forming your first team – and they all have vastly different reactions to the startup rollercoaster.

Related: 5 Things You Must Do to Successfully Launch a Business

1. The Thrill Seeker

The Thrill Seeker lives for the ride. He or she thrives under the high-pressure, time-consuming atmosphere that envelops most startups while embracing both the celebrations and unexpected problems with equal fervor. Once the ride is over (i.e. the company has failed, been acquired or reached a certain level of stability), they find a new rollercoaster to jump on.

The Thrill Seeker can be a very valuable team member. Many have been on the ride before, and, while they can't predict the turns your company might have to take (and they love the fact they can't), they can be an essential source of expertise and counsel to other less experienced teammates, guiding them through peaks and valleys.

That said, be wary of taking on too many Thrill Seekers. They can be headstrong and may attempt to take control of direction -- even when it's not theirs for the taking.

2. The Noob

Do you remember your first rollercoaster? You would size it up while staring at it from the safety of the ground. You'd try to dismiss any last-second regrets as your strapped yourself into the seat; your stomach would tie itself in knots as the cart inched towards the first apex. Those were your last moments as a rollercoaster "Noob." (my name for newbie.)

As a founder, you won't be in short supply of Noobs to bring aboard. Often on the younger end of the age spectrum, Noobs have more time to devote to startup life and want the experience. They are also being pulled in fewer directions by external factors and are commonly drawn in by the more romantic – if naively misguided -- notions of startup life.

Related: What I Learned in My First 365 Days as an Entrepreneur

Pay close attention to the Noobs on your team. Nobody really knows how they will handle riding the startup rollercoaster for the first time. Some will fall in love with the experience and become great team members going forward. Others will end up regretting the decision to turn their life over to a startup.

Particularly during times of unforeseen problems, these Noobs will look back longingly at the more stable lifestyle they had before joining your team, and they may become disgruntled, which could be toxic to your startup's chemistry.To avoid this, make sure to consistently check in on them to see how they're doing and encourage honesty and transparency in their communications.

However, Noobs also bring with them the benefit of fresh perspective. New ideas are the lifeblood of small teams and those with little to no entrepreneurial experience can also be the ones who have refreshing ideas.

3. The Onlooker

At the amusement park, there is always the group of people who are content to hold the bags and belongings of those riding the rollercoasters. These are the Onlookers – the people who have long since made peace with the fact that they do not wish to ride.

As an entrepreneur, there are more than a few people I have met in my professional life who I wish expressed interest in joining me on my new ventures. Whether they are talented marketers, salespeople or developers, they are among the best I've have seen at their profession yet they have no interest in helping beyond offering kind words and best wishes.

As tempting as it is to recruit an Onlooker, I would recommend looking elsewhere for talent. They may jump on the ride (after a lot of persuasion) but there heart just isn't in the entrepreneur lifestyle.

Startup life, like a rollercoaster, is a high-pressure experience, and no one reacts to pressure in the same way. You have to be selective and deliberate in choosing the right people for your founding team.

Related: The 5 Myths About Entrepreneurship

Andy Miller

Chief Innovation Architect, Constant Contact

David Mondrus is a 20-year veteran of the New York City dotcom startup scene, with a focus on ecommerce and social networks. He was Employee #5 at Bigfoot.com, CTO at Bigstar.com and, most recently, CEO of OneModelPlace.com. Mondus is an avid Bitcoin and cryptocurrency Enthusiast. He has founded and participated in a number of Bitcoin projects, including Bitnation, iNation, ND Coin, BTC2MYSQL and MiningSlicer. He and his wife, Joyce, were the first couple to get married on the blockchain. Mondrus holds an MBA from Columbia University and has written for Bitcoin magazine.

His current project, Trive, is billed as one that "kills fake news with crowds and crypto." Trive incentivizes people to do primary research on news stories and compensates them with Trive coin.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.