PlanGrid Co-Founder and CEO Tracy Young explains how her startup's business practices and structure have matured since it first launched. She recalls how hiring and hierarchy within the company were initially dictated by naive idealism and stereotypes, and how more standard business practices were adopted over time. "Be creative about how you're solving the problems for your users," Young says. "Don't be creative about the business stuff."

Acknowledge you need others. You must keep listening. You must keep learning.

PlanGrid's Tracy Young and Doug Leone of the venture-capital firm Sequoia talk about prioritizing challenges at a startup and knowing when one has potential to succeed. Leone explains how a company must first achieve product-market fit, and how PlanGrid secured funding from Sequoia because the startup solved an actual problem the founders faced. Toby Corey, lecturer in Stanford's Department of Management Science & Engineering, interviews.

In response to a question about attracting talent to work at a startup focused on construction, PlanGrid Co-Founder and CEO Tracy Young describes the most important points to convey to prospective hires: a clear explanation of the problem being addressed and how big it is, and what the company is doing to provide a solution and stay ahead of the market. Young speaks with Toby Corey, a lecturer on entrepreneurship at Stanford University.