What we learned in studying the most effective founders
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Re: What we learned in studying the most effective founders
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#4I do not understand "treat people like volunteers".
Re: What we learned in studying the most effective founders
#5Re: What we learned in studying the most effective founders
#6I do not understand "treat people like volunteers".
Like in those sweatshops in third world countries. (Although sweatshops dont give equity)
So 60-70 hour weeks.
Does this work in Silicon Valley?
Re: What we learned in studying the most effective founders
#7I do not understand "treat people like volunteers".
I read it as: "Dont pay them the market rate, squeeze them like lemons - and make them earn peanuts, for the grand vision of getting equity later". Like in those sweatshops in third world countries. (Although sweatshops dont give equity) So 60-70 hour weeks. Does this work in Silicon Valley?
It's about treating people like they have personal interest in the mission of the organization and working towards a common purpose. And not to treat them like your personal wage servants.
Re: What we learned in studying the most effective founders
#8Edit: Couple minor typos.
Re: What we learned in studying the most effective founders
#9I do not understand "treat people like volunteers".
Re: What we learned in studying the most effective founders
#10I do not understand "treat people like volunteers".
I read it as: "Dont pay them the market rate, squeeze them like lemons - and make them earn peanuts, for the grand vision of getting equity later". Like in those sweatshops in third world countries. (Although sweatshops dont give equity) So 60-70 hour weeks. Does this work in Silicon Valley?
In what context are volunteers treated like that?