TiE Institute Workshop - Hiring for Startups
What are critical aspects to look out for to ensure that you know how to recruit a winning team? How to find the best talent?
Presentation by Arvind Mishra- Founder and CEO of In-depth Consulting Services Private Limited
3. Its Not Hiring…Its creating a pull & selling
“Do you want to sell sugared water for the rest of your
life…Or do you want to change the world?”
- Steve Jobs
Video
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4. The key steps to reach there :
1.
2.
3.
4.
Attracting
Selecting
On-boarding
Engaging
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5. #1 : Attracting them…
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6. #1 : Attracting them
You are always hiring..
Just like you don’t pause Sales – don’t stop building your
team. Very often you get good talent when you are not
actively looking for one
Make it easy for them to find you.
• Blog, talk, write, social media eg: linked-in, facebook,
seminars, alumni networks, @campus
• Build a powerful interactive website
• Talk to people you know…
Animation
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7. #1 : Attracting them
Sell the cause, the vision, the dream
• Not a company
It’s a mission
• Not a job
Job satisfaction and flexibility are the key value
propositions for a startup
It will be tough to attract for at-least 3 years and after that
it will be tough to select
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8. #3 : Selecting them
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9. #2 : Selecting them
The selection process is critical
• Check for cultural vision/fit
• FIT – attitude/aptitude – FIT
• Independent References
• Give direct, honest feedback
• Don’t “close” a position, trust your instincts
• Be wary if salary, position discussions come upfront…
• Go for clarity, collaboration, execution, resilience and
specific skills not for big brands – “Money Ball”
Money ball - thinking
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10. #3 : On-boarding them…
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11. On-boarding them
Keep in regular touch yourself…
• To answer queries
• Visit the office
• Meet to-be colleagues
Emphasize on
• Challenges and learning,
• Acceleration of responsibility,
• Chance of getting rich on equity
• Personal, in-depth, hassle free induction (IBM, indepth)
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12. #4 :Engaging them
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13. Engaging them
Provide Freedom
• Don’t Micromanage
Provide on-time feedback and coach them
• Be a hands on guide
Ensure cordial exits
• Ex employees are powerful brand ambassadors
Clients.. .and partners…
• Are a good source of referrals
Nothing works like word of mouth from current team
• To attract fresh talent
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14. Engaging them
Keep the adrenalin flowing
• Celebrate wins
• Discuss the losses
• Ensure team connect and fun element
• Set tough targets and coach them to succeed
• Keep a “jihadi” focus on targets
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15. In Summary…
• You are always ON….
• Showcase the vision – more than the company and the joband trust your instincts
Video on instincts
• Take care of your existing team – they are your best brand
ambassadors..
• There is no perfect team, specially in the beginning…good
teams evolve with practice
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