When I started my first company, I hired people I knew and loved. I thought, Why wouldn't I want to work with my friends all day?
In many cases that worked out fine. Then my company began to grow beyond my circle of friends. The talents required for success became a bigger priority than the camaraderie.
I was usually able to find people who fit the culture and the job description and whom I also enjoyed spending time with. But every once in a while the person I needed to hire just wasn't my cup of tea. And while we shared mutual respect, spending time with this person became a chore, as did the experience of managing him or her.