Speakers discuss common hiring mistakes founders make: underestimating time needed to complete work (and how slower allocation stretches project timelines), and compromising hiring principles by hiring candidates with short tenure despite preferring long-term company builders — a choice they usually regret. Emphasizes that firing boldly to get the right team is difficult but necessary.
In other words, if it's going to take 200 hours and you spend, you need to spend 20 hours a week to get it done. That quarter, if you spend 10 hours a week, it's going to take you two quarters. And a quarter is an eternity in a, in a startup, that's one thing. The second mistake, which I've fallen into myself sometimes is you start to get in that conversation where you compromise the principle you have. In our case, that principle is we look for long term company builders, we look for other people who've been 5, 6, 7, 8 years and been promoted and built other companies and longevity matters a lot. And then every now and then have a leader and kind of, we get involved in this discussion, we convince each other that like it's okay to actually hire someone who's moved around a lot more. Which again, that might be fine for some, but for us, that was not part of our hiring principles. And so we bend the principle and 99% of the time you regret it. You should have just stuck to your original principle.
Yeah, hiring is hard. And firing boldly to get the right team in place is probably the hardest thing leaders have to do.
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