The Startup Chat with Steli and Hiten on Smash Notes

The Startup Chat with Steli and Hiten podcast.

December 31, 2019

Unfiltered insights and actionable advice straight from the trenches of startup and business life. The show hosts, Steli Efti and Hiten Shah, are both serial entrepreneurs who have founded multi-million dollar SaaS startups. Being busy CEOs of fast-growing companies, they know the value of your time and make sure you get the most out of each 22 minute episode. Tune in for new episodes every Tuesday and Friday.

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In today’s episode of The Startup Chat, Steli and Hiten talk about a really important piece of career advice, which is, never making compromises when it comes to people.

This comes after a talk Steli gave recently to a bunch of students at a career advice seminar.

Tune in to this week’s episode to hear Steli and Hiten share their thoughts on what kinds of people to surround yourself with, what to do to meet more great people, how to avoid meeting bad people, what to do when you meet amazing people and much more.

Time Stamped Show Notes:

00:28 Steli introduces today’s episode.

01:33 What kinds of people to surround yourself with.

02:02 How to avoid meeting bad people.

02:44 What to do when you meet amazing people.

05:54 Why you shouldn’t invest in a shitty relationship.

06:24 How to figure out what is important to you.

07:11 Why it’s important for a relationship to be mutually beneficial.

07:38 Why you shouldn’t have shitty relationships.

09:15 A big ‘AHA’ moment of Steli’s.

07:23  Why it’s important to define who is an asshole and who is not.

3 Key Points:

When you find somebody that is an amazing person, invest in that relationship for the long term.

Do you want to invest in a shitty relationship?

Be ruthless in weeding out bad people from your life.


Steli Efti: Hey everybody. This is Steli Efti.



HIten Shah: And this is Hiten Shah. Today on The Startup Chat, I don't know what we're going to talk about yet. So, Steli, what do you got?



Steli Efti: Those are my favorite ones.



HIten Shah: Me too.



Steli Efti: Here's what I want us to talk about and what I'm dying to have a conversation with you about and share it with the world. It's the most important career advice that I have to give, and it's one of the most important pieces of life advice that I have to give. So, it translates very importantly for startups as well. The reason why I want to talk about this is that recently, I gave talk. It was a talk in front of a fairly mixed group of younger people. Some of them were entrepreneurs. Some of them were still students. Some of them were young professionals. They asked me to give my career hacks or my career advice, and this is very unusual. I never talk about this type of topic. I usually don't talk in that kind of a mixed crowd. It took me aback, and it took me a few days to think about what fucking career advice do I even have to give? I've never thought about my life or my work as a career, and probably nobody else has, so I'm like I don't even know if I am qualified to talk about a fucking career. I have never had a real job in my life, but ultimately what I settled on and what I talked about ... I was really impressed by the response in terms of both how honest the audience was telling me how difficult what I told them seemed to be. My advice was really simple, and it boiled down to this. When it comes to people, you cannot make any compromises. Never, ever, ever, ever make compromises when it comes to people. Only, only surround yourself with amazing people. Do everything you can to meet more great people, and do anything you can to run away and get away from bad people, bad people being assholes, people that are robbing you of energy, people that make your life harder versus making it better. When you find somebody that is an amazing person, invest in that relationship and think about that investment for an investment that you are willing to make for decades until it pays off. Don't think short term. Don't think about the next job. Don't think about your next project, the next week. Can this person help me, yes or no? Is this person going to help me in my career in the next year, yes or no? Don't make decision on who you invest time and energy in...

Key points in this episode

In this episode

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