
PPF shift for Startups
There is this concept of production possibility frontier (PPF) in Economics. It is often visualized as a curve that represents the optimal allocation of resources between producing two different products - see PPF1 curve on the diagram above. Point A is one such possible optimal allocation achieved by, say, Company A. However, you will realize that this curve is not always a perfect representation of reality. In fact, most companies do not operate on the optimal curve (point B), and there are...

"You're either crazy, or you know what you're doing"
14 years ago I left one of the leading software outsourcing companies & amazing career to start my own company - Empatika. I doubt you know the name of the company, but probably (at least 7m users worldwide) you do know App in the Air, which I have co-founded with my colleagues from Empatika. I have recently left App in the Air after almost 12 years of building & growing the company from scratch. This was amazing and unforgettable experience & I think now is the right time to reflect on it. I...

Big thinking & hackathons
One of the traits of large companies is "big thinking". By this, I mean they plan on a grand scale, measuring their progress in months, quarters, and years. This can be a dangerous habit for a startup founder, since they should be thinking and acting on a daily, weekly basis. So how can one learn to unlearn this? Hackathons have been a great help to me. First we attended external ones, but eventually we started organizing internal ones. A hackathon is a 24-hour marathon of programming aimed a...
Product guy and systems thinker. Founder & exCEO of @appintheair

PPF shift for Startups
There is this concept of production possibility frontier (PPF) in Economics. It is often visualized as a curve that represents the optimal allocation of resources between producing two different products - see PPF1 curve on the diagram above. Point A is one such possible optimal allocation achieved by, say, Company A. However, you will realize that this curve is not always a perfect representation of reality. In fact, most companies do not operate on the optimal curve (point B), and there are...

"You're either crazy, or you know what you're doing"
14 years ago I left one of the leading software outsourcing companies & amazing career to start my own company - Empatika. I doubt you know the name of the company, but probably (at least 7m users worldwide) you do know App in the Air, which I have co-founded with my colleagues from Empatika. I have recently left App in the Air after almost 12 years of building & growing the company from scratch. This was amazing and unforgettable experience & I think now is the right time to reflect on it. I...

Big thinking & hackathons
One of the traits of large companies is "big thinking". By this, I mean they plan on a grand scale, measuring their progress in months, quarters, and years. This can be a dangerous habit for a startup founder, since they should be thinking and acting on a daily, weekly basis. So how can one learn to unlearn this? Hackathons have been a great help to me. First we attended external ones, but eventually we started organizing internal ones. A hackathon is a 24-hour marathon of programming aimed a...
Product guy and systems thinker. Founder & exCEO of @appintheair

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I believe that when assembling a startup team, the "Who, then Where" approach is the best. This means that I prioritize finding the right people first, and then figuring out what we will be building together, not the other way around.
In my opinion, the key characteristics to look for in potential team members are:
A growth mindset - I want to work with individuals who are excited by challenges, see failure as an opportunity to learn and grow, and believe in the power of continuous learning. These are the type of people who are eager to try new things, embrace uncertainty, and are committed to putting in the time and effort to succeed. For example, if a team member suggests trying a new marketing strategy and it doesn't work, a person with a growth mindset would take that failure as an opportunity to learn and try something new, rather than giving up or blaming others.
Accountability - I believe that running a startup requires and trains accountability, so I look for candidates who take ownership of their actions and those of their team members, and who are always seeking to expand their responsibilities. If a team member is responsible for a project and it doesn't meet the expectations, an accountable person would take responsibility for it, learn from the mistakes and come up with a new plan.
Empathy - The name of my first company, Empatika, is derived from "empathy", and I believe that the ability to understand and share the feelings of others is an essential characteristic for early employees. When a team member is speaking with a customer and they can sense that the customer is upset, an empathetic team member would be able to understand the customer's feelings and respond in a way that will help to alleviate their concerns. I was once asked, "If you could invent a super-power device, what would it be and why?" & my response was an empathy-enhancing device because I strongly believe that this attribute is not only essential for startup employees, but for every human being.
These values are what we based our team selection at App in the Air and I plan to continue doing so in my future ventures.
To ensure that you are building a strong team, take the time to think about the attributes that you value in a team member and use this as a guide when recruiting your early team members. This will help you to identify and attract individuals who align with your values and will work well together, setting the foundation for a successful startup.
I believe that when assembling a startup team, the "Who, then Where" approach is the best. This means that I prioritize finding the right people first, and then figuring out what we will be building together, not the other way around.
In my opinion, the key characteristics to look for in potential team members are:
A growth mindset - I want to work with individuals who are excited by challenges, see failure as an opportunity to learn and grow, and believe in the power of continuous learning. These are the type of people who are eager to try new things, embrace uncertainty, and are committed to putting in the time and effort to succeed. For example, if a team member suggests trying a new marketing strategy and it doesn't work, a person with a growth mindset would take that failure as an opportunity to learn and try something new, rather than giving up or blaming others.
Accountability - I believe that running a startup requires and trains accountability, so I look for candidates who take ownership of their actions and those of their team members, and who are always seeking to expand their responsibilities. If a team member is responsible for a project and it doesn't meet the expectations, an accountable person would take responsibility for it, learn from the mistakes and come up with a new plan.
Empathy - The name of my first company, Empatika, is derived from "empathy", and I believe that the ability to understand and share the feelings of others is an essential characteristic for early employees. When a team member is speaking with a customer and they can sense that the customer is upset, an empathetic team member would be able to understand the customer's feelings and respond in a way that will help to alleviate their concerns. I was once asked, "If you could invent a super-power device, what would it be and why?" & my response was an empathy-enhancing device because I strongly believe that this attribute is not only essential for startup employees, but for every human being.
These values are what we based our team selection at App in the Air and I plan to continue doing so in my future ventures.
To ensure that you are building a strong team, take the time to think about the attributes that you value in a team member and use this as a guide when recruiting your early team members. This will help you to identify and attract individuals who align with your values and will work well together, setting the foundation for a successful startup.
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