The Ledger
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Founders must shift to executive manager roles at 50 to 70 employees
“What I've seen is it usually happens around 50 employees. When a company gets to about 50 employees, maybe 60 or 70, where the founder has to start transitioning into more of a professional manager type role.”
Hiring senior executives is the biggest struggle for first-time founders
“I think being aggressive and hiring senior executives is probably the single biggest area where I see first-time founders struggle, and I would also add to that that it's the area where we see repeat founders really excel.”