Hiring and Firing Archives - Page 2 of 9 - Brett J. Fox

Hiring and Firing

Why Cutting The Bottom 10% Of Your Team Is A Bad Idea

“Brett, I know you love Netflix’s culture document,” Jeroen, my cofounder and VP Engineering, said to me. “But I’m not sure I like the idea of firing our worst team members.” “I’m not sure I’m on board with that either,” I responded. “There must be a better way to do that (manage the quality of…

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What Are The Positions You Shouldn’t Hire Early On?

“Great IC design engineers are the toughest thing to find,” I said to Dave. “And to hire great design engineers, we need a world class VP Engineering because great designers will only work for a great VP Engineering.” [Do you want to grow your business? Maybe I can help. Click here.] Dave nodded his head…

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How Should You Divide Equity As Your Company Grows?

“Here’s what I think is fair for your role,” I said to “Ken,” one of my cofounders. Ken smiled, and said, “I was thinking the same number.” We shook hands, and that was that. I had agreed to the equity for my first cofounder. “One down, four more to go,” I said to myself. [Do…

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How Do You Get Great Talent To Join Your Unfunded Startup?

“Let’s meet for coffee,” I said to person I was recruiting. I’d done this a million times before. If I drank any more coffee, I might overdose on caffeine. [Do you want to grow your business? Maybe I can help. Click here.] Let’s meet for coffee. Let’s meet for lunch. Let’s meet for tea. Let’s…

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How Do You Keep Talented Engineers From Quitting?

“Brett, I wanted to let you know I am going to retire,” Dave said to me. “What? Why!” I said getting my bearings. “You can’t retire! You’re too young to retire.” “I don’t want to retire,” Dave said. “But I’m being pushed out by ‘Ted’.” Dave was a cofounder of Maxim. Our revenue was at…

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How Much Equity Should You Give Your First Engineers?

If you want to build a great engineering team, then you have to get your equity grants right. And, you’ll blow it if you don’t this right. The good news is there are some rules you can follow to help you make good decisions about splitting your equity. I’ll explain how in this short video.…

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How Hiring Inexperienced People Can Help Your Team

There’s an old adage that, “You should never hire someone without experience” for your startup. The problem with this adage, like many adages, is its wrong! I’ll explain how hiring inexperienced people for your team can be a force multiplier in this short video.   Read The Transcript Below:   Okay, so why should you…

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What Are The Four Reasons You Shouldn’t Hire Someone?

You likely have some sort of criteria for the people you hire. So you should have a criteria for not hiring people too. The surprising thing I’ve learned is that a lot of CEOs don’t have a criteria for not hiring people. You don’t want to be one of those people. In this short video,…

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How Can You Keep Your Great Engineers From Quitting?

“Brett, I wanted to let you know I am going to retire,” Dave said to me. “What? Why!” I said getting my bearings. “You can’t retire! You’re too young to retire.” “I don’t want to retire,” Dave said. “But I’m being pushed out by ‘Ted’.” [Do you want to grow your business? Maybe I can…

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