Hire a value based team

 

It is your job as an early CEO to hire a value-based team. Looking for these people starts way before you start raising money so that as soon as you raise money you are ready to hire them. You are hiring for two things. One, you are hiring for main expertise and skill base and experience beyond your own. Second, you are hiring for values, values that are like minded with yours. Try to hire someone who is interested in equity instead of cash compensation. These people will be hungry for the long term opportunity.

Interview process

 

Everyone has a different style. Try and reduce the tension or any anxiety of the interview by starting with intimate conversation. Start asking questions related to the person first that has nothing to do with the job. For example: "What was the last book you read? ". Try to have a conversation where the person doesn't feel subordinate to you.
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Hiring mistakes

 Once you hire someone, its hard to admit that you made a mistake. So you try to change this person and this person doesn't change. A year passes by and this individual has already a significant negative impact on your company. You should just go to the person and tell them you think it is not gonna work out.

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