Halvar's Guide to Entrepreneurship
Halvar's Guide to Entrepreneurship
Author: Thomas Dullien
Published: June 23, 2026 | Updated: June 24, 2026
Focus: B2B SaaS and Software Entrepreneurship
Version: 0.11
🚀 Introduction
I have founded and exited two distinct ventures. While neither reached the astronomical heights of "Silicon Valley" fame, both provided significant impact and life-altering outcomes for the founders and the majority of the staff.
Venture Comparison
| Company | Period | Funding Model | Exit |
|---|---|---|---|
zynamics | 2004 March 2011 | Bootstrapped (Solo start) | Google (GOOG) |
optimyze | 2019 Nov 2021 | Venture-Backed (Cofounder) | Elastic (ESTC) |
⚠️ Disclaimer: My expertise is strictly limited to B2B SaaS. I have zero experience in other industries. Furthermore, I have never managed a company with a headcount between 15 and 3,000 employees. Because my sample size is only two companies, please
treat this as absolute truthread this critically.
I am sharing these lessons—and a few facts "falsehoods that I believe to be true"—to help other current or aspiring founders.
❓ The "Why" of Entrepreneurship
If you are considering starting a business, you must interrogate your motivations. This isn't a quest for a simple answer, but a necessary exercise in introspection.
My Personal Path
I didn't set out to be an entrepreneur. My first company happened by accident: I built software, people loved it, and I needed a legal entity to facilitate sales. It wasn't until my time at Google that I realized I struggle to fit into massive organizations managed by others for more than 4-5 years.
The Drivers of Happiness
For technical work, I subscribe to the theory that happiness is a function of three variables:
However, within a corporate structure, I also require Agency.
1. Agency and Autonomy
I need the power to repair things I perceive as broken without engaging in an exhausting political campaign. In giant corporations, fixing even minor issues becomes a monumental task unless you occupy a very high rank.
2. Talent Density
I thrive when working with brilliant people on the edge of what is possible. Large companies often avoid clustering too many "A-players" on one team to maximize their influence across the whole org. In a small company, you can concentrate greatness.
3. The "Oddly-Shaped" Talent
Some of the best people don't fit the corporate mold:
- They lack traditional degrees.
- They prefer 3-day work weeks.
- They live in unconventional locations.
- They are terrible at interviewing.
Large orgs require standardized_components, but small orgs can utilize "nonstandard parts" that are often superior.
4. Leadership and Integrity
To function in a hierarchy, I must respect my boss and the executives above them.
- Example: At Google, I found the CEO, Sundar, to be uninspiring.
- Observation: I noticed a downward trend in both the competence and integrity of upper management.
5. Value Perception
I hold a(n) unreasonably high view of my own value. This often clashes with:
- Rigid job ladders
- Fixed salary bands
- Promotion bureaucracy
- Internal politics
6. The Alignment Trifecta
I seek a perfect overlap of three specific interests:
- Technical: Is it fascinating to build?
- Economic: Is it financially valuable?
- Ideological: Does it have a positive global impact?
7. The Joy of the "Win-Win"
As a middle manager, I struggled to balance the competing needs of the customer, the company, my reports, and myself. I discovered that I am, at heart, a "people pleaser." I love the "wow" factor of a demo where a customer realizes, "I didn't know you could do that!"
🛠️ Final Considerations
My motivations evolved. When I started zynamics, my primary drivers were the "Win-Win" and the "Alignment Trifecta" because I hadn't yet experienced the friction of a large corporation.
Regardless of your reasons, you must be clear on why you want to start a company and why this specific company. Running a business involves grueling periods; your "why" is the only thing that will sustain you.
The Long-Term Audit
Before diving in, ask yourself: "Would I rather do this for the next 7+ years, or [Alternative]?" Starting a venture only to have second thoughts 18 months in is a recipe for disaster.
Your Pre-Flight Checklist:
- Define what I want for myself in 2 years.
- Define where I want to be in 5 years.
- Visualize my life in 7 years.
- Project my goals for 10 years from now.
def decide_to_start_company(motivation, long_term_vision):
if motivation == "money_only" or long_term_vision == None:
return "Reconsider: High risk of burnout"
else:
return "Proceed: Introspection complete"
# Example usage
print(decide_to_start_company("Agency & Impact", "Independent Creator"))
Figuring out what you truly want is the foundational step; every subsequent decision flows from that clarity.