early decisions significantly affect the way an entrepreneurial venture is received and the manner in which the new-venture team takes shape.

Founders'

Explanation:Founders' decision plays a significant role in setting the new venture set up. For this setting, the founders' quality and size of the foundation team are the most important pillars.

The decision on foundation i.e time at which venture has to start is decided by the collective decision of the founder's team. The major of the team is to bring a candidate that is full of enthusiasm, talent, self-determination, etc.

During the starting phase of any new firm is very crucial hence qualities of founders play a very important role during early time of the company.

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