Writings

On Early Hiring

Hi Colin,

I'm writing this as a blog post. Hopefully you (& others) who are early in their entrepreneurial journey would find this helpful as you try to formulate concrete principles or tangible criteria for your internal hiring processes when the time comes to get serious about who you bring onto the org.

Lastly, I would like to say thank you. This (above all else) is perhaps more useful for me than it is for you (😅). As you know, writing is thinking. Thus, in the process of externalizing my ideas, I will understand them more clearly. I will also free up some mental RAM. And others may find this useful as well. I've strung together my Early Hiring Principles from my personal experiences + accounts of the greats (thank you Substack & Long Form Podcasting).

Enough foreplay, let's get into it…

The single most important premise that you will get out of this is the [early] team you build is the company you build. When in the nascent stages of any ambitious undertaking, each additional hire substantially changes the dynamic. I am willing to go on record that early team formation is perhaps more influential than your ultimate idea (as your vision will inevitably evolve many times over). The team you build will be intelligent & dynamic enough to navigate such terrain and identify & capitalize on the "contrarian truth's" in society. Putting together your team and incentivizing them with a central organizing principle/moral innovation is perhaps the most important thing to index on as a founder early in your journey.

The reasoning for this is many, but for the purposes of this piece, I will posit it is because of 2 basic observations of human nature encapsulated (surprisingly well) by economic theory: I) Path Dependence & II) Marginalism. I) is necessary because the first few hires set the norms, and it becomes cognitively expensive as an organization to abandon the "this is how we do things here" heuristic even if these procedures are gravely suboptimal. Malfunctioning institutions in our country such as Healthcare and Education suffer from this. By adhering to the rigid status quo, you are boxed into a particular form of doing things, even when it is evidently disadvantageous to be doing them how they are being done. The intuition of this is when you are doing something government related (like going to the DMV) & you know it could be done 10x cheaper, faster, better but you settle for the inefficient way because "juice is not worth the squeeze". Don't be the DMV, recognize path dependence and lead early from a basis of sound principle. II) is important as each additional hire changes the dynamic of the team radically. Going form 5-6 is a 20% increase in team size, and the wrong person could derail the entire synergy. I often hear people say "oh we should contract a moonlighter" or "I have all the ideas but you just code it". If you settle for such mediocrity, then prepare to accept the outcome of a mediocre company.

A stupidly simple declaration is: If you hire mediocre people, you will have a mediocre company. If you hire exceptional people & motivate them through a compelling ideological intuition, you will create an exceptional company.

But what are some general principles to look for in assembling an early team?

I think that more or less concludes it. If anything comes up I will add it but this covers everything top of mind that I deem to be most important in doing this.

If you follow these hiring guidelines, in the words of Naval Ravikant, "Relax, victory is assured"...

Thanks,
Max Ruskowski

1 Striking a balance is key and my unique swing to this is I would recommend lots more people try to incorporate a meditative practice in their day and/or sensory deprivation. Giving your mind a place to think, to reflect, to process is key for a decision maker. If you are running a huge company, your decision impacts many people & arguably the course of civilization. Steve Jobs would famously go on walks daily. You don't want to be a utility optimizing-Zombie.