Any way you slice it, hiring will cost you a lot of this money you

[rifat28dddd]

If you want to be more hands-off and simply hire fast, you run the risk of making the wrong hires. And the damage from one wrong hire can take months (and tens of thousands of dollars) to undo.

You’ll be forced to hire for roles even if you don’t need them because investors want to see more butts in seats—regardless of the ROI you’re getting out of every role.

Plus, let’s not forget how quickly startups change strategy. One turkey telegram data change in a strategy can result in layoffs and firings. Not only is this a painful decision to make as a founder, but it can poison the culture for the broader team.


On the other hand, when you bootstrap a company, you’re forced to be more disciplined with the way you hire. You simply need to ask yourself: “Is the company making enough money right now to justify this hire?”

I’d take a slower, more disciplined approach to hiring over an investor-paid hiring frenzy any day.

Building a Business for Investors, Not Customers
It can be hard to find the balance between raising money and maintaining your vision for the business. It’s much easier to allow yourself to become externally focused, tweaking your idea to seem more enticing to investors (and not always for the better).

It’s important to remember: Your customer in the boardroom may not be the same as your customer in the market.