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TEAM 101
ENTREPRENEUR
SO, YOU WANT TO
BUILD A STARTUP?
FIRST THING FIRST
YOU NEED CO-FOUNDER
BUT, WHY?
I CAN DO IT BY MYSELF
DISTRIBUTE THE STRESS
STARTING A BUSINESS IS HARD. SUPER HARD
INVESTORS SEES YOU AS A TEAM
CHOOSING CO-FOUNDER IS THE MOST
IMPORTANT DECISION IN YOU YOU
MAKE IN THE LIFE OF YOUR STARTUP
Sam Altman
TEXT
President of YCombinator
CHOOSE CAREFULLY
BUT….
DO AND DON’T
HOW TO CHOOSE CO-FOUNDER(S)
▸ Don’t choose randomly
▸ Choose someone that you’re friend with
▸ Pick no more than 3
▸ 2-3 is perfect
▸ 5 is disaster
▸ #1 reason why startup failed
FIND ONE IS SUPER HARD!
BUT…
BETTER…
FIND CO-FOUNDER IS SUPER HARD
▸ Better to have no co-founder than have a bad one
▸ If you’re not tech guy/gal, find technical co-founder is a
must!
WHERE TO FIND ONE?
BUT…
EMBRACED INTRAPRENEURSHIP
WORK FOR INTERESTING COMPANY
AFTER THAT
THEN YOU CAN FORM A TEAM
HOW TO BUILD TEAM?
RULES
RULE #1: TRY NOT
TO BUILD TEAM
DESPERATELY
ONLY HIRE WHEN YOU
DESPERATELY NEED TO!
WHY?
BUT…
WHY? YOU ASK?
START SMALL, STAY SMALL
▸ Hire one bad person in early startup is massive blowout
▸ Can kill your startup right away!
I REALLY NEED HELP
BUT…
THE A TEAM
SOME RULES ON HIRING
▸ Hire someone that better yourself
▸ Early employees defines your startup
▸ If you really can’t find one, train them to be better than you
“THE A PLAYER HIRE A
PLAYERS; B PLAYERS HIRE C
PLAYERS”
Guy Kawasaki, Investor, Ex-Apple
BOZO EXPLOSION
SOME HIRING EXAMPLE
HIRING A’LA MARK ZUCKERBERG
1. Comfortable hanging with, socially
2. Comfortable reporting if the role were reversed
3. Enjoy working with them
SOME HIRING EXAMPLE
HIRING A’LA PHIL LIBIN
1. Ask your friend for recommendation, or just hiring close
friend
2. But make sure you have courage to fire them
3. Hire people smarter than you
SOME HIRING EXAMPLE
HIRING A’LA JASON FRIED
1. Hire late, hire after it hurts
2. Hire to alleviate pain, not for pleasure

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