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S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
Many Angels and VC’s quote these
numbers. The odds aren’t good for
Start-ups.
We believe that having the right people
can change that.
Of course, you roll the dice with a
Start-up, but having the right People
lowers the need for pure luck.
Successful Hiring and Firing
for Start-ups
page 1
Start ups: 85% Failure rate.
You good with that?
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
page 1
Hiring the right people and
removing the people who don’t
fit are daunting and currently
too expensive.
Too much is at stake.
The problem at a start-up is
that people who don’t fit create
conflicted performance that can
cause an Implosion and an
Explosion at the same time. It
is a disaster; and we believe it
can be mitigated.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
Some Facts about why
this area is so important:
page 1
Top Performersout
perform the average employee by
2-3x
Missed overall deliverable?
Priceless
On balance, the financial
impact of a poor hire over a year:
(cash, equity, revenues, replacement
costs, inefficiencies and use of other
people’s time.)
$300-500k
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
OPERATIONAL vs STRATEGIC
WORKFORCE PLANNING:
page 1
new hires fail.
Talent and Market Demand
makes it harder to get great
people today.
DDI Research; 2012-2013 Selection Fore-
cast Research Study: Key Findings
250 Staffing Directors, 2000 New Hires
1 out of 8
of new hires feel confident that
they made the right decision in
accepting the job.
only 51%
of the US workforce is Temp or
Contract and is growing at a rapid
rate; as fast or faster than in 2006.
only 30+%
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
Investors:
page 1
Know that if the Start-up Hires
the Right People and Effectively
Removes the People who don’t
fit, the odds of a successful
return improve.
Good teams and exceptional
individuals can reduce the need
for luck.
Entrepreneurs:
Know if they have the Right
People, it leads to getting s*#%
done, more reliable access to
funding tranches as well as fast
and healthy company growth.
The cost of money goes down
when Entrepreneurs can
mitigate risk. The right people
make a difference.
Luck is a quotient in start-ups.
Good teams and exceptional
individuals can “make their
own luck”
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
Winning/Breaking
Through
page 1
Sometimes we forget that we are all
betting our futures on the people we
hire – so we better do it well.
Through Performance, people are the
key to success. Technology is static.
People who aren’t performing need
to become a fit or go to a company
where they can be a fit – and it has to
happen quickly.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
A Precise
Hiring Strategy
page 1
You need precise actions to make
thing happen.
Large companies have resources
and process but low passion.
Start-ups often have passion, and
too few resources.
We start with a review of your
Business and overall direction.
Together, we identify the areas that
are worth attention and define a
forward moving pathway.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
Rising above the noise.
page 1
An OK team and a great idea may
get you going, but success
requires too much luck.
A great team will produce great
ideas. They create big ideas
together and attract the resources
that produce results.
Your job is to understand
what you need, attract the
right resources and direct
them in ways that produce
needed results.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
High Impact
People
page 1
We help Entrepreneurs and Core
Teams get the best traction possible,
with the best people that will make
the necessary difference.
Right people, right time, right place,
right culture, right value proposition,
right future – the inclusion of all the
important parts.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
page 1
20: 17 2 1
The failure rate in Start-ups is too high.
It can be improved if Start-Ups do a
better job of hiring the right people and
removing the people that don’t fit.
The Math:
Many Angel and VC Investors report that of 20 Start-Ups, 17 FAIL, 2 do OK and 1 does Extraordinary.
m y s u c c e s s . c o m
M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0
S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
We help Entrepreneurs and
Managers understand Best Practices
in the tasks of Hiring people and
Dismissing people for the company.
We provide Talent Acquisition
Strategy, Staffing and Recruiting
Services to help Start-Ups Hire well.
Next Step: We should talk.
Together we can take a look at
where you are and what kind of
people will make a difference.
Send an email to
bobsmith@mysuccess.com
and let’s get talking.
page 1
www.MySuccess.com

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My Success Overview

  • 1. S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S
  • 2. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S Many Angels and VC’s quote these numbers. The odds aren’t good for Start-ups. We believe that having the right people can change that. Of course, you roll the dice with a Start-up, but having the right People lowers the need for pure luck. Successful Hiring and Firing for Start-ups page 1 Start ups: 85% Failure rate. You good with that?
  • 3. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S page 1 Hiring the right people and removing the people who don’t fit are daunting and currently too expensive. Too much is at stake. The problem at a start-up is that people who don’t fit create conflicted performance that can cause an Implosion and an Explosion at the same time. It is a disaster; and we believe it can be mitigated.
  • 4. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S Some Facts about why this area is so important: page 1 Top Performersout perform the average employee by 2-3x Missed overall deliverable? Priceless On balance, the financial impact of a poor hire over a year: (cash, equity, revenues, replacement costs, inefficiencies and use of other people’s time.) $300-500k
  • 5. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S OPERATIONAL vs STRATEGIC WORKFORCE PLANNING: page 1 new hires fail. Talent and Market Demand makes it harder to get great people today. DDI Research; 2012-2013 Selection Fore- cast Research Study: Key Findings 250 Staffing Directors, 2000 New Hires 1 out of 8 of new hires feel confident that they made the right decision in accepting the job. only 51% of the US workforce is Temp or Contract and is growing at a rapid rate; as fast or faster than in 2006. only 30+%
  • 6. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S Investors: page 1 Know that if the Start-up Hires the Right People and Effectively Removes the People who don’t fit, the odds of a successful return improve. Good teams and exceptional individuals can reduce the need for luck. Entrepreneurs: Know if they have the Right People, it leads to getting s*#% done, more reliable access to funding tranches as well as fast and healthy company growth. The cost of money goes down when Entrepreneurs can mitigate risk. The right people make a difference. Luck is a quotient in start-ups. Good teams and exceptional individuals can “make their own luck”
  • 7. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S Winning/Breaking Through page 1 Sometimes we forget that we are all betting our futures on the people we hire – so we better do it well. Through Performance, people are the key to success. Technology is static. People who aren’t performing need to become a fit or go to a company where they can be a fit – and it has to happen quickly.
  • 8. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S A Precise Hiring Strategy page 1 You need precise actions to make thing happen. Large companies have resources and process but low passion. Start-ups often have passion, and too few resources. We start with a review of your Business and overall direction. Together, we identify the areas that are worth attention and define a forward moving pathway.
  • 9. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S Rising above the noise. page 1 An OK team and a great idea may get you going, but success requires too much luck. A great team will produce great ideas. They create big ideas together and attract the resources that produce results. Your job is to understand what you need, attract the right resources and direct them in ways that produce needed results.
  • 10. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S High Impact People page 1 We help Entrepreneurs and Core Teams get the best traction possible, with the best people that will make the necessary difference. Right people, right time, right place, right culture, right value proposition, right future – the inclusion of all the important parts.
  • 11. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S page 1 20: 17 2 1 The failure rate in Start-ups is too high. It can be improved if Start-Ups do a better job of hiring the right people and removing the people that don’t fit. The Math: Many Angel and VC Investors report that of 20 Start-Ups, 17 FAIL, 2 do OK and 1 does Extraordinary.
  • 12. m y s u c c e s s . c o m M Y S U C C E S S , I N C . B O B S M I T H @ M Y S U C C E S S . C O M 1 0 1 2 0 W . F L A M I N G O R D . S U I T E 4 - 3 0 1 L A S V E G A S , N V 8 9 1 4 7 7 0 2 . 7 4 0 . 8 0 8 0 S U C C E S S F U L H I R I N G A N D F I R I N G F O R S TA R T- U P S We help Entrepreneurs and Managers understand Best Practices in the tasks of Hiring people and Dismissing people for the company. We provide Talent Acquisition Strategy, Staffing and Recruiting Services to help Start-Ups Hire well. Next Step: We should talk. Together we can take a look at where you are and what kind of people will make a difference. Send an email to bobsmith@mysuccess.com and let’s get talking. page 1