What are the top things early stage founders waste money on?
— The speaker discusses the top things early stage founders waste money on, despite being warned, and emphasizes the importance of trimming expenses.
Is hiring highly qualified and expensive engineers from big companies a waste of money for startups?
— Yes, hiring highly qualified and expensive engineers from big companies is a waste of money for startups.
Can hiring contractors hinder the growth of a startup?
— Yes, hiring contractors as a temporary solution can lead to long-term pain and hinder the growth of a startup.
Is spending money on ads early on in a company effective for learning and growth?
— No, investing a large amount of money into ads early on in a company may not result in significant learning or growth.
Are PR agencies and lawyers a waste of money for startups?
— Yes, hiring PR agencies and lawyers can be a waste of money, as they often result in firing and paying for the learning process.
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