Deshpande: Executives with prior financial success weather startup crises better
Amol Deshpande · 20VC: How To Build Credibility with Investors, Employees and Customers, How To Determine When A Stretch VP is A Stretch Too Far and The Right Way For Founders To Think About Dilution with Amol Deshpande, Founder & CEO @ Farmers Business Network · Sep 21, 2018 · at 11:51
Amol Deshpande, Founder & CEO of Farmers Business Network, explains why hiring executives with a baseline of prior success leads to better resilience during tough times.
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“A lot of times the reason that people management or others will panic when something bad happens or not be able to deal with the tough environment that a startup may go through or face is because they're worried about the financial side or they're worried about how will I pay my mortgage or how will I pay my kids college tuition and all that stuff. When you get management people on your team who have had enough success, they can weather those storms and they're more prepared.”
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