“It’s all about people”.
The big encounter will be about people. Not idea. Not market. Not technology. Not who you know.
Executing a startup business plan is all about people.
The ones you’ll have to hire to execute your business plan.
The startup CEO will spend around a quarter of each week recruiting people. So will the rest of the C-suite.
Recruiting is constant, demanding and often frustrating. But it’s exhilarating when you get an acceptance from a highly talented candidate that is awesome in the skill set you urgently need.
First timers without successful recruiting track records are at a serious disadvantage. Their lack of that people skill – recruiting – increases the risk of failing to execute the plan for the company. Recruiting failures make it very difficult – if not impossible – to attract needed investors and talented employees.
The entire startup will participate in recruiting. All the employees represent the company culture and thus are used to filter candidates coming in to interview. Culture fit is everything to experienced startup people.
Someone will have to be responsible for organizing and administering recruiting. It quickly become complex, with large numbers of people being screened for each position. Often it’s left to chance, lacks a leader. The result: failure. Instead, serial entrepreneurs immediately put into action a process, policies and procedures for recruiting. It’s the most serious responsibility. If you doubt that, ask the veterans.
I wish you The Best on your Adventure!