Remove hiring
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The Scarcest Resource at Startups is Management Bandwidth

Both Sides of the Table

I always tell teams I meet with, “The scarcest resource in your company is management bandwidth. It’s why I don’t invest in Conference Ho’s. We need to hire a team in financial services now to address the needs of that industry [yeah, I know we don't yet have big customers there. My advice?

Resource 415
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Some Quick Things Every Founder Should Know

Both Sides of the Table

But in short-term you know that LTV is based on optimistic future assumptions and payback periods on acquisition are based on flying into a brick wall if you get them wrong  —  @msuster 5/ Unless you're scaling rapidly don't hire staff too quickly.

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Mark Suster’s Advice To Emerging Entrepreneurs – “Do Not Do, As I Have Done”

InfoChachkie

’ It’s pretty terrible to have to go to conferences… with people who are talking about… stuff that not only do I know nothing about, but I could give two $hits about.” Hiring employees. ” At his first venture, Mark hired too many people, many of whom were too senior. Start Lean. Number one is sales.

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Avoid Decision by Indecision

Both Sides of the Table

You’re thinking about hiring an employee but you sit on the fence too long. Afraid to “ upset the apple cart &# by pulling your resources back from that partner and spending time elsewhere? Or having the tough conversations with their senior leadership to say why you can’t continue to allocate resource?

Startup 299
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5 Ways To Make Innovation A Priority In Your Business

Startup Professionals Musings

Promote change in team culture, and provide support through smart hiring, attending industry conferences, and periodic training to all team members. You need to see these as opportunities for growth and a chance to get ahead of competition. Don’t wait for a crisis to force change thinking.

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Here’s How to Do PR on a Budget

Both Sides of the Table

I suppose it depends how much money you’ve raised but if hiring critical staff, raising VC and streamlining your biz dev or sales is important to you then you might consider putting a small amount of spend against PR. If you haven’t yet raised an A-round my recommendation would be that you not yet hire a big, well-known PR firm.

Press 319
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Do VC Platforms Make Sense?

Both Sides of the Table

Side Note : Upfront has hired Kerry Bennett as a member of our executive management team to run marketing – please follow her on Twitter here ]. Other firms like Google bring massive resources to design or engineering and as as corporate VC can offer things normal VC firms can’t offer.