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show notes

Stages of Development

Episode A2.009 Hiring Talent

7/9/2020

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IBGR - RESULTS Radio Network. Everything a business owner needs to start, grow or exit a business. Come grow with us.

Introduction
At one juncture when your startup has started to grow you will need to hire talent and staff. Now some startups with funding and a larger budget start with a few employees and then from there they grow, but many new startups are run by solopreneurs, but there comes a time when you alone cannot do everything and you shouldn’t as I have said before you need to come out of starting to work in your business to start working on your business. 

At this time it becomes very important to hire the right talent who can catapult your startup to another level or levels, but then many times it is really hard for a solopreneur to hire as they are so used to doing everything by themselves or in a small team. But understand to grow you will need to hire and get a team of like minded people with varied talents. 

Show Objectives

  • When is the Need to Hire?
  • Leadership Lid… Hire your weaknesses
  • How to Hire for your Startup
  • Personality Assessment - DISC
  • Outsourcing


Key Issues
  1. First Key Positions and Roles You Need to Hire for a Startup
  2. Why Would Anyone Want To Join An Early-Stage Startup?
  3. How to Hire Employees for Your Startup?
    1. Personality Assessment - DISC or any other and its importance
  4. Is Outsourcing the right thing for your business?


What You Need to Do
  1. Know what you are hiring for – get the job spec right
  2. Find where your ideal candidates are
  3. Pitch the job to the candidates
  4. Be realistic about the time and resources involved
  5. Automate if you can 
  6. Find where your right talent is 

So you have hired … now what?

Outsourcing - Its benefits and why it is critical to your growth strategy
Why to Outsource 
Many startups are made of small team and generally could have only one key employee - you? 
A time comes when the workload gets unmanageable and you and the business starts to suffer. 
There could be things outside your expertise but you cannot afford to hire due to cost constraints 


Areas to Outsource
  1. Human Resources
  2. Accounting Services
  3. Data Entry & Data Processing
  4. Digital Marketing
  5. Customer Service

Shows
Previous: Episode A2.008 Cashflow

Next: Episode A2.010 Tools for Startups

Written by Raj Kapur

Join my FREE facebook group THE MILLIONAIRE PATH https://www.facebook.com/groups/millionairepath/

Visit my website at www.rajkapur.com 

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