I like this … “Fire the Good People”
When serial entrepreneur Jason Calacanis took the stage at the CeBIT technology conference this week in Sydney, some audience members weren’t sure how to react to his comments. Responses ranged from nervous laughs and stoic looks to bemusement and knowing nods.
Fire the good people
“Fire the good people,” says Calacanis. “Fire them immediately. In a startup company, you can’t waste time on good people. You need excellent people. The excellent people do five times more than the good people.”
Calacanis emphasises that you can replace a good person with someone who is excellent. If you don’t fire the good or average people, Calacanis says: “The excellent people leave because there are just average people around.”
[Read Sydney Morning Herald Blog]