i constantly wonder whether it's worth entering the startup world after finishing my phd, hearing of 'hire fast/fire fast', looking for 'unicorns'....is this rat race even worth it? What's wrong with just wanting to solve problems, why do you need to build fast as opposed to building something that's awesome and works well - find a niche and grow from there. I can almost feel the 'pressure of the job' for those engineering the system when reading posts from founders/ceos with regards to recruiting - here's a hint "it's always about finding the right employees" (well no shit sherlock).
Lessons Learned After Two Years as a Startup Founder
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Re: Lessons Learned After Two Years as a Startup Founder
#12Fire people who aren't 10x unicorns as fast as you can? You need a Rictus Director, not a Smiles Director.
Less catchy of a title?
Re: Lessons Learned After Two Years as a Startup Founder
#13i constantly wonder whether it's worth entering the startup world after finishing my phd, hearing of 'hire fast/fire fast', looking for 'unicorns'....is this rat race even worth it? What's wrong with just wanting to solve problems, why do you need to build fast as opposed to building something that's awesome and works well - find a niche and grow from there. I can almost feel the 'pressure of the job' for those engin…
If you're wondering whether it's worth it, definitely sounds like it probably isn't for you. Like all fulfilling things in life (I imagine like getting a PhD, eg.), it's freakin' hard-- so you better go after the things that you think will be worth it & more, IMHO.
Re: Lessons Learned After Two Years as a Startup Founder
#14IMO you don't need a team of only unicorns. In fact, ego management will be very difficult if you miraculously manage to build such a seemingly perfect team. You need a good balance between leaders and "followers", who can be great people, but not superstars.
I don't disagree, really. Some positions obviously aren't made for "unicorns" but, that said, have found that just because someone is brilliant doesn't mean they're necessarily a pain in the ass.
Re: Lessons Learned After Two Years as a Startup Founder
#15Great post, from the heart. And a beautifully designed website. Great to see someone using their exit money to spread good in the world.
Thanks! Not sure what you mean by "exit money," but hey-- I'll take it.
Re: Lessons Learned After Two Years as a Startup Founder
#16Great openness and willingness to be transparent about the fact you don't always feel in control (as much as you would want your investors, team, and users to think so 24/7).
thanks Jonathan!
Re: Lessons Learned After Two Years as a Startup Founder
#17Awesome post! I loved the part about building up the long-term network to reach out to later.
Totally-- hard when you're starting out, but definitely starts to click over time... thanks Cole!