This quote is great: "There are the people who don’t have any experience but are just really smart, talented, and motivated. When you get those people right, they’re your ‘homegrown talent’, if you will. These people are your farm team. These people are, for the most part, the best people who will stay long term at your company. They’re the carriers of the culture. They grew up there. You took a chance on them. They’ve learned how to be in the business."
"There are the people who don’t have any experience but are just really smart, talented, and motivated"
Would like to point out that people like that work well in the current environment with startups and the reward system (and age group as well). In more traditional business, particularly small business, someone who is "smart, talented, and motivated" tends to leave if not given an ownership opportunity in the venture or a path upwards (which may not even exist.). In other words in a traditional small wholesaler or even a small retail chain or manufacturer it can actually be problematic to hire people who have those qualities if you have no place to put them or aren't growing in a way that they can take advantage. Actually better (from my experience) to go with the b players who may be smart, have experience and have less motivation and ambitions.
