Did you know not having the ‘right team’ is the third top reason for scaleup failure?

Many founders of scaleups share one thing in common and that is that they know they won’t be able to build a great business without finding great people. Although founders start with the intent of bringing onboard great talent, there are a number of reasons why reality can be quite different. So if you know you’ll need to get your hiring right, or if it’s an area that isn’t quite living up to your expectation, hear from VenturePath Expert, Alan Furley, as he shares 7 simple steps to help you hire better people as a founder.

Be Transparent

We see many candidates excitedly join a scaleup, knowing that they will face hurdles and willing to help the growth, but quickly become despondent and leave because of a lack of transparency about the state of play. Convey your passion about your business but don’t let that turn into false promises and mean you hide from the challenges this new hire might face.

Next time you’re sitting down to interview people for a role, write down the top 3 challenges that the person interviewing is going to face. Ask them how they feel about each of those hurdles, and be honest with them about your concerns about the business and overcoming them.

Act with Empathy

Don’t have just one perspective (i.e., yours!) when you’re thinking about your hiring plan, running the risk that you meet great people but fail to engage with them. How much are you thinking about the person who’s being hired and what they care about? How well does the time you spend interviewing reflect that it’s a two-way process?