1/ Today I prepared for talking about common mistakes startups make (founding -> growth stages) by writing it in tweet form. I ramble too much when public speaking and hoped it would make the core ideas clearer in my mind and more concise. Think it worked. Here are the tweets
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7/ Hiring too slowly doesn’t kill you, it just caps your upside. Your competitor builds a team faster and signs up more customers with a slightly worse than yours but still good enough product. You’re left with a nice, small business.
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8/ Hiring too fast kills you via bad decision making. You lose rigor in hiring process (bad people -> bad decisions), there’s no effective onboarding/setting people up for success (good people -> bad decisions), growth stalls, conflict rises (good people leave)
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9/ Avoid all of these...and there's still myriad other ways you could fail so don't attach too much of your identity to the outcome of your startup :-)
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End of conversation
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Corollary: Having one product-minded founder and one business-minded founder helps balance things out in unexpected ways, like hiring at the right pace
Thanks. Twitter will use this to make your timeline better. UndoUndo
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