Hiring for startups MassChallenge 2010
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Hiring for startups MassChallenge 2010

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Hiring for startups MassChallenge 2010 Hiring for startups MassChallenge 2010 Presentation Transcript

  • Tips For Hiring
    Jeff Bennett
    Swap.com CEO
    www.jeffbennett.com
  • Introduction
  • Introduction
    25 years of experience in Technology / Internet sector
    Last 15 years as an executive and entrepreneur
    Advisor and Mentor to many emerging ventures in Boston and abroad
    Blog about innovation and entrepreneurship on www.jeffbennett.com
  • Keys For Building
    Organization
  • . . . You Need To Know What
    You Are Hiring For
  • Building A “Start Up” Is Like Building House
    Blueprint
    Materials
    Contractor
    Site Work
    Foundation
    Frame
    So on…
  • Keys For Building An Organization
    Strategy or Strategic Direction
    Values and Beliefs
    Work Plan and Road Map
    Resource Needs
    Organization Structure/Approach
    Evangelize, Network, Evangelize, Network,Recruit…
    Reference Checking is CRITICAL!!!
  • Strategy or Strategic Direction
    Every successful and sustainable venture has a strategy… or at least a strategic direction
    Strategy for start ups provides focus .. It
    cant be stuck just in the Entrepreneurs head
    Important for all involved as a stake in the
    ground you measure progress from
    Rooted in the marketplace
    Team of Founders, Investors, Employees & Partners
    To serve Customers
    Work plan or road map is how you execute against the strategy
    Resource planning comes from the road map …. Human and Capital requirements come form resource planning
  • Values and Beliefs
    Values guide and sustain society …community …company
    Entrepreneurship is not a job… it is
    a pursuit that is all encompassing
    Every entrepreneur has some set of
    of values… you want your team to
    share these
    Important for initial team … and those
    that join as you expand the venture
  • Work Plan and Road Map
    Executing on a strategy or strategic direction just does not happen
    Every organization needs a work plan for how they
    will deliver against the strategy
    Entrepreneurs are creative … sometimes not
    disciplined … you need a plan!
    You might be the Entrepreneur … but not GOD!
    Even with the most creative and entrepreneurial
    team … all the stake holders need to know what to do
    Smart people like to be part of the planning… share the results of learning… key to success is a collaborative model on developing the work plan
  • Resource Needs
    Strategy or strategic direction will yield road map … the Entrepreneur has to
    determine how to execute on that road map
    Constant struggle is managing capital
    outlay, talent and time
    Every entrepreneur needs resources to
    implement the plan
    DO NOT fall into the trap that you have to
    “know” everything
    Need to determine the skill sets and amount of resource you need to execute on the plan … develop an open environment with TRUST to collaborate
    Create many scenarios looking at immediate and near term needs
  • Organizing Resources
    Organization plans are put in place to execute on the plan today … but you should think for near term too
    Things to be cognizant of when planning for
    today and tomorrow:
    Talent needed
    Roles and titles
    Full time / part time / consultant options
    Technology tools and standards
    Don’t be stymied by building Rome now…
    but you have to think about today and tomorrow
    Evaluate structure, talent and approach quarterly.
    If it aint working… fix it immediately
  • Evangelize, Network, Recruit
    As the entrepreneur you have are “Chief Evangelizer Officer”…and more
    Create or tap into a network … MassChallenge is giving all of an awesome start at this … networking is so important to so many aspects of your business
    Tap the network for hiring
    Seek world class talent that fits the plan
    Remember the “values”
    Get many people in on the interviewing
    so you can get full assessment
    Get to know as much about the candidates as is possible
  • Reference Checking Is CRITICAL
    Reference checking is hard work…but it is critical to successful hiring…
    We live in a virtual “MRI” today
    Ask your candidates for references….call them
    Ask those references for other references
    Utilize Facebook and LInkedIn
    Build a “full 360” on your candidates
    Hire through trusted networks whenever you can to reduce the risk
  • Tips For Hiring Right Team
    For Your Start Up
  • … Need Great People
    Who Get Shit Done
  • No HO-DinksIncapable of “Getting Shit Done”
  • No Low Energy InsectsIncapable Of “Getting Shit Done”
  • Look for Real EntrepreneursLike You…
  • Look for “Non-Bureaucrats”
  • Talent Is Key…Look For Athletes
  • Look For Those Who “Think Big”
  • Guidelines
    ForHiring
  • Hiring for Start Ups
  • Hiring for Start Ups
  • Q&A
  • Tips For Hiring
    Jeff Bennett
    Swap.com CEO
    www.jeffbennett.com