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Transcript

How hiring & firing is secretly costing you millions

On today’s episode, we discuss hiring and firing, including:

  • Big mistakes and how to avoid them

  • Why “hiring slow, firing fast” is wrong

  • The problem with offshore talent

  • Building remote versus in-person

  • Ways to hire top talent

  • Tips that will help you scale

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Episode timestamps:

  • (00:00) Show intro

  • (00:20) Rapid Fire Round

  • (00:28) Q1: How we we keep morale high after a pivot?

  • (01:28) Q2: How much financial info should we share with employees?

  • (02:31) Q3: What’s the biggest hiring mistake you’ve ever made?

  • (03:00) Q4: What’s the biggest firing mistake you’ve ever made?

  • (03:52) Q5: Do you have a golden rule for hiring?

  • (04:48) Q6: How do I lower an employee’s pay?

  • (05:23) Q7: What’s your favorite interview question?

  • (06:06) Q8: Thoughts on poaching employees?

  • (08:04) Hot Takes

  • (08:18) You should hire slow and fire fast

  • (08:45) In-person startups > remote ones

  • (10:10) Work trials are a great way to evaluate job candidates

  • (11:33) Hiring offshore talent is a great way to build a team

  • (12:10) That's a wrap!

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