Amit Chatterjee on why founders need to identify employees who don't fit the culture, try to change them, and fire them if they won't. Keeping the wrong people drags the whole company down.
What are the big mistakes we've made? So I'll tell you, the number one mistake that any entrepreneur can make, and I've been guilty of this many times often, is when you know that somebody doesn't fit in the company, get them out. It's just easy. It's a big mistake. If you don't think about what talent fits for your culture, for your team, you will continually be in this perpetual notion of where a third of the people are 100% passionate for you, a third of the people are willing to be led, and there's a third that are always going to moan because they're not happy. And I think what you need to do is figure out who those people are, figure out if you can change them, and if you can't, then have them move on in a different direction than where your company's headed. You have too many things on your plate to worry about that part of it. They've either got to be on the boat or not. And I think you can go down real fast as a company if you don't focus on that. That's my big learning number 1.
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