Jul 21, 2016 On Our Blog

4 Steps Every Startup Must Take To Build Culture, Compete for Talent, and Win

I talk to brilliant founders every day who are 100% focused on growing their company. They’re solving problems and improving their business at light-speed, turning their great idea into an even better company. Unfortunately, a lot of them have the same blind spot: They don’t understand company culture. Having a strong culture doesn’t mean you have a beautifully designed office or that you offer your employees unlimited vacation days or catered lunches. Culture, at its core, is the way your team works together. In other words, it’s not about the perks. When your culture is strong, your team is deeply connected and each member takes personal ownership over their own little piece of the company. This commitment is what powers …


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May 18, 2016 On Our Blog

Startup Founders Talk: The First Time I Fired Someone

500 Startups Managing Partner Christine Tsai experienced mixed emotions the first time she as a founder had to let someone go. “I don’t think there was a hesitation that it was the right thing to do, it was just that the person wasn’t a great fit in terms of their skills and culture,” she said. It’s natural to have doubts and think emotionally before letting someone go, said Tsai. “You never know people’s circumstances or how this impacts them personally, even in a good job market like this.” “It’s OK to think those things, but don’t let that prevent you from making the right decision,” she added. “It’s just a sign that you’re still human.” “Maybe people who are really ruthless about …


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