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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Why Financial Planning and Goals Do Not Work, The Decision to Ban Politics in the Workplace and Losing 1/3 of the Team Overnight & The One Question That Will Drive All Decision-Making for Leaders with Jason Fried, CEO @ 37Signals

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Review new hires

The evaluation of new hires occurs during their first year, focusing on whether they would be re-hired based on their performance. This internal assessment enables managers to determine cultural fit and skill alignment. If an employee is deemed 'fine' but not a perfect fit for the company, it is generally better for both the individual and the organization for the employee to seek opportunities elsewhere. Making these tough decisions within the first year is crucial, as it encourages hiring individuals who truly fit the company's needs and values, rather than retaining those who may not meet expectations. The first year serves as a crucial period for understanding the employee's potential and alignment with company goals, guiding future hiring practices.

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