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1. E. Fire fast people who are Negative or creating office politics or do are bad at their job.
2. E. The things that motivate people to do great work are Autonomy, Mastery, and Purpose.
3. E. Coolness is just a byproduct of a company’s culture.
4. D. Being a great founder is quite unique; you mut possess a combination of rare character traits to pull it off, amongt them is Unstoppability & Determination, Formidability & Resourcefulness, Intelligence & Passion and a lot more.
5. F. A ceo has to set the vision and strategy for the company, evangelize the company to everyone, hire and manage the team, set the execution quality bar and raie money.
6. E. What you do, with who and why. What they value, what you are choosing to communicate and celebrate are all valid consideration imperative when building your company.
7. TRUE. An experienced CEO with a fancy MBA may not have the skill gaps the original founders have, but he or she won’t understand the users as well, won’t have the same product instincts, and won’t care as much.
8. FALE. Good founders EMBODY a number of seemingly contradictory traits.
9. FALSE. The best founders are unusually responsive.
10. TRUE. Among the most important jobs of a founder is defining the mission and defining the values of the company. Doing this will clear your path in your startup venture.
11. C. Core values should have meaning and Mediocre teams do not build great companies are both accurate statements.