Nobody said running a startup would be easy. You've got a million things on your plate, not the least of which is the need to hire a dedicated and effective team. It's one of the most challenging things a new company has to tackle, and there are a number of hurdles that make it this way. We've identified four, and have some tips on how to overcome them.
(AlleyWatch) - 4 Startup Hiring Challenges and How To Overcome Them
Early stage startups have a turnover problem: new companies let 25-percent of their employees go before their first birthday, and many others quit of their own accord. There are a variety of reasons why this happens – grueling hours, pivoting of company strategy, lack of structure – but one of the main issues is that a lot of new startups haven’t done a lot of hiring. Below are some of the problems that arise as a result – and what you can do about it.
No experience building teams
The number one challenge for most startup founders is that they’ve never built a team before. Oftentimes, people with little experience in this area lean toward hiring people who are just like themselves, when the reality is they need to be building a well-balanced team. Remember that you need people who are “go go go” types with 100-percent drive, and also people who are meticulous, detail-oriented and know how to create solid infrastructures.