cultissime: how to create your startup's culture
TRANSCRIPT
[Cultissime]
H av i n g a g o o d team, or even an excellent team isn't enough - you need to build a “cult.”
Most founders ride a fine line between feeling in total control and going crazy
Welcome to the club you're normal!
Creating a cult starts with the way in which you build your team - the hiring process!
The best ideas are those where you can convince people to join even when there is no money
Full-time, equity-only commitments are a key sign of strength!
You are only as good
as your weakest asshole
PRINCIPLES
Interviewing is not good enough
Hire Slowly Fire Quickly
A = a(a), so a=aB=c(c), b=c and c=0
You can also hire fast And fire fast - it requires a lot of strenght
Your team must have ownership
“thank God I got a job early on in this company, because there’s no way I could get one now”
Make Sure Every Single Candidate is Treated Like Gold
Don’t Negotiate
Be Fair
Create a Dominant Market Share
Why Buy Silverwhen you can Rent Gold
Be transparent
Try new shit All the time
pay themIf you discover a rock star
Founders Don’t Interview Candidatesit’s the Other Way Around
You have already decided to risk everything to do your idea; for them, this is your idea and you are asking them to risk their career for you
If you find a person you want on your team, then never let go!
Press?
PRACTICES
Try Before You Buy
Founder's Veto
“The most commonreason why people
don't make it through is actually not competence,
it's culture”
Double Unanimous(Making them all say "yes")
Hire for talent, not negotiating skills
Offer them the Peter Thiel Deal!
Miscellaneous: 83b, Game Rooms, Food, Big Monitors,
SOMA, yada, yada!
One Mile Rule
Know Your Worst Case Scenario
Remember: it is not your birthright to lead
your team just because you founded your
company. You must earn it every single day.