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A New Hire vs. Promoting from Within

Founder's Journal

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Do You Promote Internally or Higher Externally?

If you decide to promote internally, the vast majority of the time it will work out well. Jason lumkin, who's the founder of saster, said that he follows a 50 50 rule when deciding whether to promote internally or higher externally. Once you know that 50 % of your managers are coming from internal promotion and 50 % are happening with external hires, you will be able to scale faster.

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