Excerpt from Rework by Jason Fried & David Heinemeier Hansson (creator of Basecamp)
Work a small team, you need people who are going to do work, not delegate work. Everyone's got to be producing. No one can be above the work.
That means you need to avoid hiring delegators, those people who love telling others what do to, Delegators are dead weight for a small team.
Delegators love to pull people into meetings, too. In fact meeting are a delegator's best friend. That's where he gets to seem important. Meanwhile, everyone else who attends is pulled away from getting real work done.