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by jasonmcalacanis
5675 days ago
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Certainly there are more opportunities for brilliant and talented folks with every passing day. You can apply to an incubator like YC, TechStars or The Founders Institute (all great in their own ways). You can hit up www.OpenAngelForum.com or Angel List (angel.co).You can hit up the new crop of angel investors directly (assuming they keep investing!). Or you can sharpen your skills working for a killer entrepreneur like myself for 30 to 48 months (my minimum recommend length). All of these are amazing possibilities. Coming to work for me and lasting three years or more means I will: a) Give you a Calacanis MBA in statups! b) Angel invest in your company, join your board and introduce you to other angels--provided it's a quality product. c) mentor you for all time d) get coffee with you any time e) introduce you to anyone i know--for all time. f) give you a recommendation on the phone--for all time g) blog/tweet/etc your latest victory to my legions of follers/the www.JasonNation.com!!! These things, I'm told, provide great value. it's up to the individual to decide their path... I provide but three: Open Angel Forum, angel investing, the launch conference (www.launch.is) and mentoring/hiring. rock on Jcal |
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That said, the quote above sounds like a Czar in early industrial Russia. I agree that you have high standards for your employees and applaud you for being upfront about expectations: your employees are adults and can make informed choices. But, that you would expect truly talented people to fall in line for that kind of industrial revolution era treatment defy's logic.
Yes, you can deliver 50x in mentorship/support post-hazing, but it is still a hazing. As someone mentioned earlier, why would a talented person want to work for you again? Truthfully, they could get similar support working at Google or Fb or any of the other successful startups in the valley.
I know that you "go for the gusto" approach has served you well in the past and has earned you the success and renown you have today. But, perhaps it is time to rethink that strategy, especially in these times and especially if you intend to stay relevant.
Keep on keepin on.