[rscale]

The only thing I'd consider changing on this deck is point 6 about hiring and firing.

The point has validity, but I've seen more (and larger) problems caused by likable but not-quite-qualified employees than I have by unlikable but qualified employees. A good board of advisors and broad feedback can help spot this problem and offer appropriate prescriptions.

[redguava]

There's a lot a people around, I wouldn't settle for anyone that doesn't meet both criteria.

[rscale]

My unproven theory is that assholes are less of a problem, because it's relatively easy to identify assholes and avoid hiring them in the first place.

Likeable B/C-players are tougher because if you lack domain expertise (and aren't getting good advice) you might not realize they're a B or C player until it's too late.