I don't understand your comment. Are you saying a family man should no longer stretch, grow and strive for abundance....because it is selfish?
139 karma · joined March 18, 2009
I don't understand your comment. Are you saying a family man should no longer stretch, grow and strive for abundance....because it is selfish?
I want to give you a question that has served me well for nearly a decade, and gets as close as possible to your question.
Ask the candidate what they would do if they won the lottery tomorrow.
This question will immediately advise you as to what their core values and true ambitions are. Certainly this isn't a "tell all", but when evaluated within a comprehensive interview is valuable information.
I am so eager to get back to putting in a 60 hour week of real productivity I could cry!
I am a proven operator and team builder. I believe I would be a great complement to brilliant technologist with great ideas but no funding and, most important, real life business execution.
I'm looking for pitches. No app's or piggybacks. Something that, if executed, can be a true disruptive technology. I am open to hardware as well as software technology.
My wife rocks.....would follow me to the moon. She is the best and totally supportive.
2. Any successful business owner will tell you that the biggest question need answered when entering a new verical is "what is it I don't know that I don't know".
Enter YC at average 6% give, worth every penny!
YC's value extends FAR beyond the minimal dollar amount it gives each startup. If you really don't get that, you simply haven't been paying attention. SAD.
Also, they are completely honest and transparent in their endeavors....this very post by andreyf was taken from 37Signals post. They didn't have to tell all of us how much money they make or how they do it........I believe they are passionate about the community and exposing others to what they've done that works and not works.
I am amazed with all the negative comments. I have seen, firsthand, how often 37Signals works to contribute.
I love their idea and think many thousands will find it a benefit.
I understand you are currently seeking summer interns, no problem. Today, young people that are proven achievers have much to examine:
1) Projects they've built or been a part of--just because they were curious if they could do it.
2) What are they passionate about: who have they read/studied in the area?
3) Are they aware of market leaders in your sector and can they discuss what they believe is right/wrong in their model.
4) Extra-Curricular's (speaks to buy-in of culture)
5) How do they define providing value/work ethic?
The above represent top 5. Be certain that when you find a candidate you'd like to hire that you can articulate the value proposition you offer to them. Be prepared to demonstrate how being a part of your team will benefit them. Don't bullshit, anybody smart enough that you want to hire can smell it a mile away. Be Good. Absolute best of luck.
Take JL's book Founders at Work for a spin and note how few place 40 hrs. working per week as the priority.
I have been a business owner for nearly a decade and, at its most, was responsible for leading a company of 110 employees. I am 36 and have never worked a mere 40 hour week in my life, and it's certainly not something I see my peers doing either (the successful one's anyway). If you wish such minimum time invested I suggest getting a job at the post office or DMV.
Building a company is, in large part, about building culture. When done correctly management does not need to demand that employees work extended hours, the effort is a by-product of the buy-in to goal and the various incentive plans that are offered.
Frankly, I believe it is dangerous to suggest in an entrepreneur forum like HN that working any less than necessary to win is, or should ever be, an option.
I've been reading comments on the Google Ventures launch on HN, TechCrunch, CNet and others........the general tone is ugly. Why is it that Google was beloved as a young, underdog company but after it achieves what we all strive for....true global impact....people become skeptics and, almost, root for their demise? Human nature or something more?
FYI-GS is using the same type of extortion that the Better Business Bureau (BBB) has used since inception to scare companies into becoming a paid member. The general public has no idea how dishonest many of these client attainment methods really are.
Why the disdain and distrust of a novice trying to educate themselves?
Being a founder is about getting things done, busting walls down and doing, often, the unthinkable in terms of effort and brainpower to prove your thesis correct.
Based on your question, you probably aren't ready.
Paul Graham(ish) tech. wisdom, networking opportunities, mind-sharing with past YC founders and VC connections if/when time arises are all huge.
And for me personally all of the above are important X 10 because I'm a tech & SV outsider just beginning to build my shere of influence in the sector.
Think about the Barnes & Noble website prior to introduction of Amazon.com.
Website will offer an opportunity to purchase exact items, or selected less expensive imitations, in a very AMAZON.COM way.
Website will offer discounts and a rewards program that is viral.
Additionally, company will provide powerful advertising & branding opportunities for manufacturers who wish to attain premium website placement for their products.
also, i mean no disrespect to the hacker community. a tech company is surely nothing without the stud technologist.
it just seems to me that if i have operational experience and some capital i would be a good fit for the right hacker that is considering keeping an unfulfilling job or going to grad. school because they lack the money to take the leap.
Regarding YC, I believe they offer a ton of value beyond the money...especially for someone on the outside like me. The mindsharing, networking to other YC founders and hopefully, eventually, VC's when the beta iterates successfully are worth giving them a vig.
Website idea leverages consumer buyers-impulse in way not done to date. Need hacker(s) that have technical ability to build top-notch retail site....I know this is vague, and non-inspirational, but I don't want to give away full concept for obvious reasons.