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May 26, 2011 10:18 pm GMT

Startup Mantra: Hire Fast, Fire Fast

Editor's Note: This is a guest post by (@msuster) Mark Suster, a 2x entrepreneur, now VC atGRP Partners. Read more about Suster atBothsidesofthetableThere is an old management adage that says, "Hire slowly, fire fast." The idea has become conventional wisdom. It says that you need to take due care in selecting team members. It also says that you need to act quickly when your instinct says somebody isn't working out.Only half of this adage is accurate for startups. Here's why ...

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