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Transcript

"Hire Slow, Fire Fast": Hiring lessons from 4x founder Adam Spector, Founder & CEO @ Chore

On Levy's rebrand to Chore, the true cost of full-time employees, avoiding common hiring pitfalls, and why founders should ruthlessly prioritize their time

Presented by:

Chore gives founders and executives the ultimate advantage: a fully managed back office that runs seamlessly—because while time is priceless, we give it back to you.

Today's guest is Adam Spector, Founder & CEO at Chore (formerly Levy). Chore takes operations & admin off your plate, freeing busy founders and CEOs from back-office distractions. Adam is a serial entrepreneur, investor, and host of the Entrepreneurial Excellence podcast, and he’s backed 200+ startups and built multiple companies throughout his career.

(PS: if you’re interested in Chore, just schedule time here!)

In this episode, Adam and I discuss:

  • Why most companies underestimate the true cost of hiring full-time employees

  • How to build a rigorous hiring process that filters out the wrong candidates early

  • The importance of role clarity and when to hire contractors versus full-time staff

  • His key lessons learned from investing in 200+ startups and being a 4x founder

  • The delicate balance between hiring for growth and maintaining operational efficiency

  • Why founders must ruthlessly prioritize their time and core competencies

Show Notes

00:00 - Chore's rebrand from Levy

00:33 - The three pillars of successful business

01:31 - Why software couldn't solve operations challenges

02:15 - Behind the scenes of the rebrand to Chore

04:17 - Adam’s career evolution: from law school to entrepreneurship

09:30 - Deep dive on job hopping and hiring red flags

14:40 - Core hiring principles and the hidden costs of employees

20:19 - Common mistakes in hiring

32:38 - Inside Chore's rigorous hiring process

42:28 - How successful startups can still fail

45:29 - Personal lessons from startup setbacks and co-founder relationships

49:50 - Time management and strategic hiring

More about Adam:

LinkedIn

Chore

More about Zaharo:

LinkedIn

Right Hand Talent

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