I Thought of Hiring as Burn
The runway spreadsheet prices every hire in months of burn and books the missing team at zero: a Contour retrospective on where staying lean paid, what contractors can't replace, and which number turns out wrong.
Contour was two founders and a rotating cast of contractors for two and a half years, from the seed round to the acquisition by Commure. Keeping it that small never felt like a decision. It felt like discipline.
I thought of hiring as burn. We had raised a $3M seed, and I could price any hire in months of runway. The spreadsheet always gave the same answer: keep the money. Each month we didn't hire, the runway survived, and surviving felt like winning.
The spreadsheet was never wrong about anything it counted. That was the trap. Burn gets a line you review every month. What a team gives you has no line at all, so the cost of not hiring shows up as zero. When one side of a trade is a number and the other side is invisible, you make the same decision every month without noticing you're making one.
I can tell you what sat inside that zero. Our contractors were good; they built what we specified. That's the deal with contracting: you pay for output you can describe in advance. A contractor is paid to build what you asked for, not to tell you that you asked for the wrong thing. So every idea that needed arguing had two people to argue it, and one of them had just proposed it.
Staying lean was still right more often than it was wrong. On one seed round we went from telemedicine sold through hospital partnerships, to one-tap patient collections, to "ChatGPT meets Zillow" for senior care. Two people turn in an afternoon. Nobody has to be re-recruited to the new mission; nobody gets laid off when a pilot dies. While you're still searching for the business, small is an advantage, and it's a big part of why the seed lasted as long as it did.
So the correction is small, and it isn't "hire fast." I'd trade a few months of runway for a small room of sharp people. People with a stake, not a statement of work.
Keep the spreadsheet; it's honest about everything it counts. Just remember it books the missing team at zero, and zero is the only number on it that's wrong.