The article emphasizes the importance of prioritizing diversity, equity, and inclusion (DEI) in startups early in their development, rather than only when they reach a significant number of employees. It compares the neglect of DEI to waiting for legal advice until a company is large enough to hire in-house counsel. The author lists indicators that suggest a company is ready for DEI assistance and warns that homogeneous hiring trends can lead to poor decision-making and lower earnings as the company grows.
"If looking around at your leadership meetings gives you 'White Lotus' vibes, it's time to focus on diversity, equity, and inclusion. Your company isn't just a startup; it's a reflection of the culture you plan to create."
"Homogeneity in race and gender breeds flawed decisions and mediocre ideas, which can lead to decreased earnings. As your company grows, a lack of diversity might ultimately hold you back."
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