Your Team is Your Best Feature: Tips to Discovering Talent
As a founder, the initial decisions you make are the most crucial to how your business launches in the field. It’s easy to rush this part of the entrepreneurial journey, however, a well-curated Board and a specially selected team can give any startup a competitive edge when entering a new market.
Securing a Team
As a startup, your first few hires are the most important and the most you seek to gain from. These days, innovation and divergent thinking are what attract next-generation top talent and so founders need to ensure an open culture within their minds and their business.
Below are some tricks to know when hiring your startup team:
Offer learning opportunities such as the chance to explore and learn other parts of the business or offer training insights from your sector.
Share the long-term vision with them so they can see where and how they can progress.
When it comes to impact enterprises, more often than not, there is a deep and meaningful story behind its inception; make sure to share the story behind the company to express a sense of purpose.
Be sure to focus on their specific life and career goals in order to assess how your company can provide personal development opportunities.
Post-pandemic, we’ve seen a huge shift towards a flexible working environment such as remote working and an autonomous role, which is more important than ever.
Look for talent that shares your basic values but also recognise that it’s also valuable to hire people on your team who are different to you and to your way of thinking - this feeds innovation. Also, look for initial hires who have skills that you may not necessarily possess.
It’s also important to be honest with those you seek to hire. Selling and promising big dreams that will never come to fruition is a quick way to erase trust and slander your reputation. It’s also important to acknowledge the gaps within your business and where you seek to improve.
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A specially selected Team can give any business the competitive edge it needs when entering a new market. In order to attract the best talent, you must implement the best strategies.
Useful resources:
- The Governance of Social Enterprises
- How to Build a Successful Team
- How to Write a Shareholders Agreement
