Chapter

Considerations when Building a Business
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35:34 - 40:24 (04:49)

The speaker discusses considerations for building a business, including the number and type of employees needed and how to attract qualified candidates for job positions.

Clips
The speaker is discussing the process of hiring and the considerations entrepreneurs have to make in determining the caliber of employee to employ, including the salaries they can offer and the skillset required for their business.
35:34 - 36:40 (01:06)
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hiring, startups
Summary

The speaker is discussing the process of hiring and the considerations entrepreneurs have to make in determining the caliber of employee to employ, including the salaries they can offer and the skillset required for their business.

Chapter
Considerations when Building a Business
Episode
My First Million's Origin Story, How to Find Winners, and More
Podcast
My First Million
The process of recruiting engineers can take a few days of evaluating and making judgement calls.
36:40 - 38:16 (01:35)
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Recruitment
Summary

The process of recruiting engineers can take a few days of evaluating and making judgement calls. For a company like HubSpot, phone calls and a judgement call are typically the best route for successful recruitment.

Chapter
Considerations when Building a Business
Episode
My First Million's Origin Story, How to Find Winners, and More
Podcast
My First Million
The speaker shares about his experience in preselling products and how it can be an effective strategy to generate revenue before launching a product.
38:16 - 39:00 (00:44)
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E-commerce
Summary

The speaker shares about his experience in preselling products and how it can be an effective strategy to generate revenue before launching a product.

Chapter
Considerations when Building a Business
Episode
My First Million's Origin Story, How to Find Winners, and More
Podcast
My First Million
The process of finding the right product for customers involves creating something that people truly love, then getting their honest feedback.
39:00 - 40:24 (01:23)
listen on Spotify
Product Development
Summary

The process of finding the right product for customers involves creating something that people truly love, then getting their honest feedback. Once the initial testing is done, the focus should be on acquiring the first 10 to 100 customers.

Chapter
Considerations when Building a Business
Episode
My First Million's Origin Story, How to Find Winners, and More
Podcast
My First Million