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Transcription

00:12

Hello, I'm Jordi Romero, founder and CEO at Factorial,and I'm here to answer as many questions as possible in as short time as possible.

00:19

How many questions do you think you're gonna answer?

00:21

I hope all of them. At least 20.When someone no longer fits, give them another chance or cut fast?

00:27

Give them another chance as long as they're willing to try.

00:30

The clear sign someone can't scale is...They don't want to scale.

00:34

You can summon only out of logical risk or investment?

00:37

Always an investment. But it might need some work.

00:40

What do you prefer?Motivate with bland honesty or soften the message?

00:43

Always radical transparency.Anything else would be disrespectful.

00:46

To communicate a shift in expectations, the first step is... Always share the context.

00:51

Would you hire proven experience or hungry to grow potential? Potential, always potential.

00:56

Attitude and motivation.The risk of hiring only for potential is... They might fail.

01:02

In a growing startup, what do you value the most?Culture or experience?

01:07

Attitude. When bringing in corporate profiles, does culture strengthen or break?

01:12

Culture usually clashes, but the best people adapt.

01:15

Even from a slow moving corporation to a fast moving startup.

01:18

Tell me one thing that indicates that the original culture is fading.

01:22

People stop caring.Adding a senior profile without losing agility.

01:26

Is it a question of process or mentorship?It's a question of radical transparency.

01:31

Lots of feedback. To protect founding values.The key is...? To care a lot and to show people that you care a lot.

01:37

Someone from corporate In a startup, their biggest challenge is speed or ambiguity.

01:41

The biggest challenge is freedom. They're not used to it.

01:43

Onboarding a senior hire.Teach culture or give space.

01:47

Show how we make things here and then set them free to make decisions and even make mistakes.

01:52

Last mistake when hiring senior, they forgot how to do the work.

01:55

It's important to know where you're going and have experience that people should be able to lead by example.

01:59

Which matters more?Startup experience or corporate background?

02:03

Growth which is typically found in a successful fast growing startup.

02:07

But it can come from anywhere.What weights more?Keeping entrepreneurial energy or adding structure?

02:13

Always keeping energy, motivation and ambition.Your best hiring decision was hiring people with a ton of energy that are able to deliver hardcore execution.

02:21

So done.How did you feel? Sorry.Good. I think I did it.

02:28

No, I did all of them.