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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

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Hiring for startups MassChallenge 2010

  • 1. Tips For Hiring Jeff Bennett Swap.com CEO www.jeffbennett.com
  • 3. 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
  • 4. Keys For Building Organization
  • 5. . . . You Need To Know What You Are Hiring For
  • 6. Building A “Start Up” Is Like Building House Blueprint Materials Contractor Site Work Foundation Frame So on…
  • 7. 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!!!
  • 8. 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
  • 9. 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
  • 10. 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
  • 11. 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
  • 12. 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
  • 13. 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
  • 14. 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
  • 15. Tips For Hiring Right Team For Your Start Up
  • 16. … Need Great People Who Get Shit Done
  • 17. No HO-DinksIncapable of “Getting Shit Done”
  • 18. No Low Energy InsectsIncapable Of “Getting Shit Done”
  • 19. Look for Real EntrepreneursLike You…
  • 21. Talent Is Key…Look For Athletes
  • 22. Look For Those Who “Think Big”
  • 26. Q&A
  • 27. Tips For Hiring Jeff Bennett Swap.com CEO www.jeffbennett.com