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1. If you cannot offer something better, you don't deserve to retain valuable employees. You need to be a better founder and boss. 2. Yes they will. You'll spe
by Kalium 11y ago
1. If you cannot offer something better, you don't deserve to retain valuable employees. You need to be a better founder and boss.
2. Yes they will. You'll spend time arguing about a bad decision because it has an effect upon your life.
3. Salary is an incentive too. I like mine to keep coming. Those of us who aren't terminally naive regard equity as nice to have, but generally worthless unless we get extremely lucky.
4. If you are a good founder and boss who has a good company that's a nice place to work, they absolutely will. A company, not a church.
You can't scale a company entirely with believers. You can do just fine with mercenaries. You just have to treat them as rational actors, which isn't so hard at all if you're a good leader.
- gclaramunt 11y agoagree, there's a difference between "believer" and "gullible". And regarding 2), I suspect a sane dose of skepticism will do more to avoid bad decisions than drinking the company cool-aid
- sreitshamer 11y agoAgree. And a business that's a "nice place to work" for awesome people is hard to find I think. If you've made one of those it'd be hard for employees to find one elsewhere.
- hkmurakami 11y agoParticularly regarding #4, a friend observed that, "people join startups for the vision. They stay for the culture (#4)"
- jarek 11y ago... probably not the least because "the vision" tends to get lost in pivots and priority shifts