Hiring the best people is crucial. Companies are built on a complementary skilled team that is on one page for the future.
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Hiring the right people in start-ups can be a hassle if your budgets for the position are limited.
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Great people will not like to work on less pay and benefits.
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As a founder, you should hire someone who is willing to put their full attention on this job.
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I have seen many Startups fail because founders lose their focus.
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Hire late, fire quickly is the mantra in a startup.
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Have some rules and don’t compromise on that. .
Offer best performing employees the stock option and monitor performance with preset metrics.
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Prefer quality over quantity, prefer high performing few people over dozens of low performing employees.
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Take your time to hire the best people, pay them enough to get motivated, offer stock options, compliment and award best-performing employees, and fire quickly!!
