1. If you cannot offer something better, you don't deserve to retain valuable employees. You need to be a better founder and boss.
2. Yes they will. You'll spend time arguing about a bad decision because it has an effect upon your life.
3. Salary is an incentive too. I like mine to keep coming. Those of us who aren't terminally naive regard equity as nice to have, but generally worthless unless we get extremely lucky.
4. If you are a good founder and boss who has a good company that's a nice place to work, they absolutely will. A company, not a church.
You can't scale a company entirely with believers. You can do just fine with mercenaries. You just have to treat them as rational actors, which isn't so hard at all if you're a good leader.
Agree. And a business that's a "nice place to work" for awesome people is hard to find I think. If you've made one of those it'd be hard for employees to find one elsewhere.
agree, there's a difference between "believer" and "gullible".
And regarding 2), I suspect a sane dose of skepticism will do more to avoid bad decisions than drinking the company cool-aid
2. Yes they will. You'll spend time arguing about a bad decision because it has an effect upon your life.
3. Salary is an incentive too. I like mine to keep coming. Those of us who aren't terminally naive regard equity as nice to have, but generally worthless unless we get extremely lucky.
4. If you are a good founder and boss who has a good company that's a nice place to work, they absolutely will. A company, not a church.
You can't scale a company entirely with believers. You can do just fine with mercenaries. You just have to treat them as rational actors, which isn't so hard at all if you're a good leader.