I think a lot of the points are good, but the wording is dangerously wrong on some:
"Wrong: Find people to work for your for free and let them do as they please | Right: Selectively recruit people to work on your team for free and tell them exactly what they should be doing"
Yes, you have to find the right people. Even those working for free might be too expensive if they hurt your overall progress. And their interests have to be perfectly aligned with yours, so that even when left alone they produce good, useful results. But this comes off a bit as permission to micromanage, which would kill any normal hacker.
The emphasis on results is well placed though - in my experience, people crossing over into startup life don't always realize that "hours worked" doesn't equate to anything really useful. It all comes down to the progress made. Big companies can afford to estimate the average production per hour for a given employee and pay appropriately, and then take some time to see if it works out. Startups don't financially or strategically have that kind of leeway for key employees.
"Wrong: Find people to work for your for free and let them do as they please | Right: Selectively recruit people to work on your team for free and tell them exactly what they should be doing"
Yes, you have to find the right people. Even those working for free might be too expensive if they hurt your overall progress. And their interests have to be perfectly aligned with yours, so that even when left alone they produce good, useful results. But this comes off a bit as permission to micromanage, which would kill any normal hacker.
The emphasis on results is well placed though - in my experience, people crossing over into startup life don't always realize that "hours worked" doesn't equate to anything really useful. It all comes down to the progress made. Big companies can afford to estimate the average production per hour for a given employee and pay appropriately, and then take some time to see if it works out. Startups don't financially or strategically have that kind of leeway for key employees.