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I would like to add one: You should hire people who are smart and perfectionist but at the same time knows how to accept criticisms
Indeed, the passion for your product is the most important thing you should look for.
See Guy Kawasaki as an example. He never worked in IT before being hired by Apple. He worked in the diamond industry. But he was an apple Fanatic and still is.
Hiring the smartest guy isn't an easy task, as you need to consider many other factors as well...
I would also add, hire someone with a track record for getting things done.
There are a lot of smart people that are stuck in neutral.
Joel
Thanks but no thanks for sharing ;-(
As far as finding people who follow instructions, are open to criticism, etc...people need to meet a minimum bar in these areas, but by nature, the most driven, passionate, curious people have a bit of a natural pain-in-the-*** bent to them. When someone is really good, they typically know it, and they expect a lot from you as a result. What I've experienced is that you often end up with a choice -- you can go with the person who just gets things done but pushes you hard (always wants more responsibility, pushes back on decisions, etc.) or you can go with the person who's as pleasant as the day is long, but needs to be walked through every task...IMO, it's not really that tough of a choice.