I asked this question to Keith Rabois (ex-PayPal) once and he said it best "it's because we were started in a downturn economy, and it allowed us to hire great people who otherwise would've been starting their own company, so that meant we had the highest IQ per sq/ft than any other company in th...
Do a SWOT Analysis of your business and accordingly select the required persons as per your analysis.
I cofounded a development agency that's grown to over 150 employees, so I know this topic intimately. First off, you're on the right track. Even recognizing that you want to get yourself out of the minutiae puts you way above most founders. What you need to do is learn to delegate. The trouble ...
Definitely a cost efficient option. And gives you more range to find the skillset you need. With all the tool solidified during COVID there's no reason not to work out. Just pay attention to timezone differences and possible data/security restrictions if this team will access client data. Agree...
I'm a feelance CFO and I work actively with early stage companies. I've been at this for almost 30 years. Some of my current and recent clients wrestle actively with this very questions. My advice is to have the tough conversations right up front, early in the team building process. This usually...
People are motivated when they have a stake and a say. For that, they need to understand why they're doing what they're doing. So keep them informed. Not about every minute business detail, but also not about the end decisions (the what/how). Rather, share why decisions were made, why they matter...
I own a digital marketing agency and have helped many businesses create and execute social media plans. I would not hire someone right off the bat for your type of business. It's much more efficient nowadays to hire an agency or freelancer to set it up for you with software. The software will ...
The number one would be shipping product (or anything really) out in front of a customer. If you can't work together to get something done fast, that is usually a huge indicator that somethings wrong. That usually means your values or mission aren't aligned.
A great team looks like this - 2 full stack engineers. They can manage servers, security, build features and code front end JS/interactions. - 1 visual designer focused on product, information architecture, UX and flows. - 1 front end developer who can take designs and built out killer interacti...
Team is the most critical component for a venture builder organization. You need to hire people who have the right "studio mindset", who accept your vision and operating procedures and who can work on multiple startup initiatives in parallel. Also here you can find some more hints about CEO sele...