People would think consulting as a business model doesn't work but when it is done at scale with branding, it makes some real moonies. https://brandirectory.com/rankings/it-services/ https://pbs.twimg.com/media/Fmw0jgHXEAIwLVc?format=jpg&name=4096x4096 Accenture tops IT services list for 2022 - valued at US$39.9 billion!
11: "My biggest mistake was hiring a big-public-company tech executive with a fancy resume who had never worked at a startup" - The failure points from $5m to $100m in ARR
As first-time founders we were too creative about organizational structure. We had a flat management hierarchy in the early years, and we bragged that we ran our startup like Star Trek — you were either in engineering or operations, and everyone reported to a founder. This was cute, until it quickly stopped working. People care about titles and career paths, and if you want to retain great people, you have to care about these things too.
My default advice about hiring is to hire someone if and only if the lack of that person is the main thing holding back your growth. That doesn't change just because you have a lot of money in the bank.
21: Steve Jobs on why recruiting is the founder’s most important job
"I think it’s the most important job. Assume you’re by yourself in a startup and you want a partner. You’d take a lot of time finding the partner, right? He would be half of your company. Why should you take any less time finding a third of your company or a fourth of your company or a fifth of your company? When you’re in a startup, the first ten people will determine whether the company succeeds or not. Each is 10 percent of the company. So why wouldn’t you take as much time as necessary to find all the A players? If three were not so great, why would you want a company where 30 percent of your people are not so great?"