Finding the right person to work with is essential for any company particularly in the case of a startup. According to statistics, 90 percent of startups fail simply because they do not have the right team. For high-performance, cash-strapped companies the right team can make the difference between survival and a complete shutdown. As a founder of a startup it is not just that you require individuals who have an ideal mindset, but also responsibility to manage and achieve things; but the same people also create the social fabric of your company.
But, being a new company there are specific issues to overcome when it comes to hiring. One example is that you do not have a well-established image of your company or brand for your employer. Your competition with established employers in the marketplace for the best talent doesn’t make it any easier to find and keep top individuals.
Here are some things to remember when you are attempting to form an impressive team for your start-up.
When should you engage?
There is no doubt that startups are constantly struggling to find resources. As founders, you must to ensure that every hire is a success and knowing when you should make a hiring decision can be the very first thing you do in this direction.
Yes, hiring employees is an exciting concept. It means that your company is growing and growing. However, it can be a bit scary. What happens if the employee does not work out? What happens if she leaves? What happens if you’re a terrible manager? In the midst of all this one of the most difficult to answer is: Is this the right time to make a hire?
If you make a decision to hire too early it can lead to cash-flow issues, a worker who isn’t doing anything or stress from management.
However If you hire late, you may end up crumbling under the strain of work or fail to meet key deadlines to release your project.
Here’s a suggestion – Don’t hire anyone if you do not know what your new hire will be expected to accomplish each day. If you don’t have a clearly defined list of expectations and responsibilities for your new employee, don’t employ anyone. This will be ineffective and cause confusion for everyone.
You can also opt to outsource certain jobs instead of employing an employee full-time. Remote and contract employees are also viable options for keeping overheads down when you start scaling up and grow.
Who to choose to hire: Contract or Full time
The cash flow could be the top priority for any startup, so try to do whatever you can to remain running as smoothly as you can. Consider what type of worker you require? Do they have the ability to be remote? What is the best way to get the top talent at the lowest cost?
You must know what it takes to become an independent contractor and when it is time to hire a full-time employee. If the increase in workload is due to the increase in demand, which occurs during the season and you’re better off using contractors instead of hiring a full-time worker who will be unable to do once demand drops.
It is also possible to consider hiring contractors to do tasks that aren’t in your principal business, e.g. bookkeeping, for instance.
While contractors are economical, you must be sure to hire them who have been recommended by others and who can operate with little supervision to prevent unnecessary stress There’s no greater stress than trying to meet deadlines and quality standards when you must be reliant on contractors that do not understand your needs.
How do you hire
Are you a brand that is not well-known and you want to find the best talent in the market? It’s possible! All you need is to learn how to present your venture well and look for the best talent in the appropriate areas.
For a start-up with an evolving plan Try to hire people with the possibility of hiring. Choose people who can develop with your business and adjust to the changing conditions. They are an ideal choice to those with years of experience and the top of their game but be unable to cope in a dynamic and demanding work environment.
Motivation is another excellent indicator of a great hiring. You should look for people who are self-starters as well as hustlers when bringing someone onto the team. Ability to initiate and manage initiatives (often many at the same simultaneously) is as crucial as the skills that individuals might come up with. A team of this type can bring your business to the highest stage.
Last but not least, you should invite all important staff members together to talk to with the person you’re planning to make hire. Let them be a part of this hiring process. This will let you assess your own ability to see how the soon to be employee to work with your current team.
Don’t let hiring paralyze you.
Consider this guideline to help you think about the reason and when you should employ and keep in mind that your startup will only be as strong because of the staff you build for it!
Build a strong employer brand
The brand of your employer is a blend of your business’s and your team’s image and is crucial in helping you find top talent. The more positive your brand for employers is, the more high-quality candidates will be willing to talk to you about your jobs and the higher the quality of your hires will be.
Snaphunt is a leading remote hiring platform that gives employers instant access to remote & onsite talent, anywhere in the world. Post Remote Jobs and start hiring today!
Snaphunt’s comprehensive platform also provides employers with cutting-edge screening & collaboration to manage their process with ease, all the way till hire. Snaphunt has a sourcing reach of over 650m professionals & a dedicated talent pool of over 1.5 million candidates.
In addition to the platform, we also offer tailored solutions, to help you scale your team fast with vetted talent, so that you can make your next hire in days instead of months!
Try Snaphunt for your tech hiring by signing up for free.
