Both Sides of the Table

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Startup Mantra: Hire Fast, Fire Fast

Both Sides of the Table

There is an old management adage that says, “Hire slowly, fire fast.” Hire Slowly? I also subscribe to the views that you should always be recruiting (ABR) and when great people pop up you hire them and then find a way to make the role fit. Only Hire A+ People. Hiring at a Startup. Attitude over Aptitude.

Hiring 335
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Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. One of the biggest mistakes I see early-stage startups making is hiring “seasoned&# sales professionals or hiring people too senior, too early.

Hiring 346
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How to Configure Your Startup Team

Both Sides of the Table

Without strong PMs you build crappy products that nobody needs or that real people can’t use. Don’t hire a homogenous team. Don’t hire “relationship management” sales people too early. Hire admin / office management after you raise a reasonable size VC round. Know the difference.

Cofounder 388
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What Makes an Entrepreneur (2/10) – Street Smarts

Both Sides of the Table

They realized that they were selling a bunch of cool products but none that had enough economic value. They had wasted a lot of money because they had raised a lot of money and therefore hired a large staff. We couldn’t cut product development (we had 23 people!) I went through more examples.

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WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. They tell you they’re going to ship product and they do. They hire key staff.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. To show these companies that they can remain in LA. The first two years of the program focused on education & mentorship.

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The Long-Term Value of Loyalty

Both Sides of the Table

My original post was directed at hiring managers. It said that I didn’t believe it was a good idea to hire job hoppers. My view still stands – for many hiring managers a large factor in looking through resumes of somebody who is 30+ and has never worked somewhere for more than 18 months will be the job hopping element.