How can I identify fast-growing markets?
— Trust your instincts and observe what young people are using.
What qualities should I look for in a co-founder?
— Look for co-founders who are resourceful, tough, and calm, and consider having a technical co-founder if you are not technical.
Why is hiring the right people important for a startup?
— Hiring the right people is crucial as a single mediocre hire can poison the culture and even kill the company.
How should founders handle team churn?
— Founders should learn to praise their team, take responsibility for the bad stuff, and provide autonomy, mastery, and purpose to prevent massive team churn.
What is the key to successful execution in a startup?
— The key to successful execution is extreme focus, dedication, setting and repeating key goals, and breaking down big projects into smaller pieces.
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