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Answering your questions on hiring and firing | Office Hours
Welcome back to The Hiten Show!
Hiten Shah
April 18, 2024
Today, we're tackling one of the biggest challenges for founders: hiring and firing. First up is the rapid-fire round, where I answer the questions you've submitted. Then, it's time for "Hot Takes," a new segment where I weigh in on some of the biggest trends across the industry.
Let's dive in!
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In this episode, I cover:
(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: Whatâs the biggest hiring mistake youâve ever made?
(03:00) Q4: Whatâs the biggest firing mistake youâve ever made?
(03:52) Q5: Do you have a golden rule for hiring?
(04:48) Q6: How do I lower an employeeâs pay?
(05:23) Q7: Whatâs 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!
Thanks for tuning in to Office Hours! If youâre struggling with a hiring or firing problem, drop a comment on YouTube and let me know.
Next week, weâre following up the first edition of pitch sessions with another round of founders.
Talk soon,
Hiten
PS If thereâs anything you would like to see in the newsletter going forward, please let me know!