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Q: "What's one thing repeat founders do differently than first time?"
A: Repeat founders tend to be much more aggressive on the People front. Hiring ahead of the curve at VP level, upleveling broader team, creating compensation plans & bands, implementing performance culture.
A: Repeat founders tend to be much more aggressive on the People front. Hiring ahead of the curve at VP level, upleveling broader team, creating compensation plans & bands, implementing performance culture.
It's hard to describe what an advantage this is, especially in a super challenging talent market like the one we have right now. First time founders tend to dramatically underestimate the value of getting ahead of the curve on hiring and building a leadership team.
We often see teams with a ton of "urgent" hires because they didn't have a plan of attack 6, 9, 12 months prior. The best CEOs create a plan, hire a People exec, and focus on getting way ahead of the curve. linkedin.com/pulse/people-c…
My $0.02 (quote from post): "You can’t honestly say 'People are are our most important asset' and not have a talented exec reporting to you in charge of the People function."
