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YC

Y Combinator Cast

05/07/22

@ Y Combinator

Overhiring is a common mistake that can lead to financial strain; founders should avoid this by ensuring they only hire when absolutely necessary.

Video

YC

Save Your Startup During an Economic Downturn

@ Y Combinator

Save Your Startup During an Economic Downturn

05/07/22

Related Takeaways

YC

Y Combinator Cast

05/20/22

@ Y Combinator

The instinct to over-hire often leads founders to believe they need more people, but this can result in higher employee burn and lower runway.

YC

Y Combinator Cast

05/20/22

@ Y Combinator

When you're building a company, it's crucial to understand that hiring too many employees too soon can lead to burnout and financial strain.

BF

Brad Flora

05/20/22

@ Y Combinator

One of the most common mistakes founders make is thinking that hiring more people will solve their problems and help them get more done.

HT

Harj Taggar

05/20/22

@ Y Combinator

Hiring someone just because they are available can be a mistake; it’s important to ensure that the hire aligns with the startup's current needs and stage.

BF

Brad Flora

07/08/22

@ Y Combinator

Founders frequently waste money on hiring, especially when they pursue high-salary candidates from large companies, believing they will significantly boost productivity.

HT

Harj Taggar

09/26/18

@ Y Combinator

Hiring is a painful process that takes a lot of time and can feel like a low priority for founders, but neglecting it can hinder your startup's growth.

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

Hiring too quickly can be tempting, but every hire should be seen as an investment, and you need to ensure that you're getting a return on that investment.

SA

Sam Altman

05/02/17

@ Y Combinator

Founders often make the mistake of being afraid to hire senior people early on; instead, they should focus on hiring individuals who can get things done and work hard.

YC

Y Combinator Cast

05/20/22

@ Y Combinator

In startups, it's often better to address problems as they arise rather than trying to predict and hire for future issues, which can lead to unnecessary hires.