My First Million Billion Dollar Business Philosophies With Hubspot Co-Founder Dharmesh Shah
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Jul 12, 2022 
Dharmesh Shah, the co-founder and CTO of HubSpot, shares his entrepreneurial insights, emphasizing why a tough economy can be an ideal time to launch a business. He discusses creating a Wordle-inspired word game, exploring the intersection of various skills as a formula for success. Dharmesh also highlights innovative hiring strategies for startups and the importance of teamwork over individual gain. He delves into the blend of creativity and marketing during downturns, showing how challenges can lead to unique opportunities.
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Startup Advantages in Down Economies
- A down economy offers unique opportunities for startups.
- Resources like talent and marketing channels become more affordable.
Attracting Talent
- Convince talented people to join your startup by offering unique learning opportunities.
- Identify "diamonds in the rough" who haven't yet reached high salaries.
Early HubSpot Salaries
- At HubSpot's start, Dharmesh Shah and Brian Halligan initially paid themselves and early employees $5,000 monthly.
- This discouraged focus on salary and fostered a shared commitment to the company's vision.