Tuesday, 30 September 2014

Hiring first set of team for Startups





The cost of hiring someone bad is so much greater than missing out on someone good.
- Joe Kraus






Hiring is a big challenge for startups, and staff tends to be small, one bad apple can spoil whole bunch. A multinational company puts lots of money for recruiting a proper staff. Their HR department & technical department put a lot of efforts for recruiting process.  And it is absolutely required. At the end what you are building is a base each and every time. A good team are the foundation stone for any companies. If you have good foundation your growth rate is always high.

Hiring process is just of three steps, “One advertising for opening, second Interviewing and third selection”. But now a days it will be modularized into couple of steps. And why is it required? Because companies want to invest less time for recruitment, less resource to be used & hence they outsource most of the process. But at the end what they want are good people who will eventually create a great team. They know it that

 “a single man can reason for winning single match or couple of match but a team can be a reason for winning whole tournament”. 


But 


If you look at Hiring for startups all things and scenarios should be different. In startups first of all team should be small, lots of dependency on each other, no restriction for any particular work, hard deadlines, each and every day challenges for employees and management team. In this type of dynamic situation hiring strategy plays a vital role. Really it is very important. If you chose wrong people,  he/she will drain the right people. So be aware while hiring.





Some of the points I have to share with you all here,

  1. Have Hiring model – Don’t rush the process.
  2. You have to invest 15% of time  for recruiting.
  3. Don’t stick with just IQ, also consider EQ & CQ.
  4. Consider all aspects minutely.
  5. Challenged-based interviewing.
  6. Hire Doers.
  7. It’s better to say “no” to right one than say “yes” to bad one
  8. If Good than Good, If Bad than 100% bad.
  9. Hire who can easily fit in your culture.
  10. Use Proof-in-the-pudding principle.
 
Keep the above points in your intellectual bucket and all the best for hiring first set of team.




The secret to successful hiring is this: look for the people who want to change the world. - Marc Benioff



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Next I’ll post my insights in Best way to do Programming.



Straight from the CTO’s desk 
Bharat Makwana


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