http://www.skmurphy.com/blog/2006/12/22/plus-minus-people/ Startups, Entrepreneurs, and Consultants Wed, 17 Mar 2010 18:28:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.skmurphy.com/blog/2006/12/22/plus-minus-people/comment-page-1/#comment-29570 SKMurphy » Dharmesh Shah’s Pithy Thoughts For Startup Co-Founders Wed, 24 Oct 2007 06:28:09 +0000 http://skmurphy.com/blog/2006/12/22/plus-minus-people/#comment-29570 [...] Hiring (and firing) decisions are the most difficult. In a small firm everyone is steering so be careful who else you select to sit in the pilot house. Your team aggregates social capital, intellectual capital, and normally a small amount of financial capital if you are bootstrapping. Collective focus and effective collective action translates this capital into results: put another way, if the results of teamwork are less than the sum of the individual efforts you are either not focused and pulling in the same direction or one or more of your team is doing negative work. 17. Be who you are. Do what you love. Join people you like. [...] [...] Hiring (and firing) decisions are the most difficult. In a small firm everyone is steering so be careful who else you select to sit in the pilot house. Your team aggregates social capital, intellectual capital, and normally a small amount of financial capital if you are bootstrapping. Collective focus and effective collective action translates this capital into results: put another way, if the results of teamwork are less than the sum of the individual efforts you are either not focused and pulling in the same direction or one or more of your team is doing negative work. 17. Be who you are. Do what you love. Join people you like. [...]

]]>