Monday, September 23, 2013

Hiring for your startup

I started KraftInn with very little capital and with help from family and friends. It has been an incredible journey and though I still dont have any fixed salary or income for myself, I have been able to hire six incredible people - five of them artisans and one of them a painter, a man of great jugaad and a great smile. Hiring is a great responsibility in itself especially when you are looking for people who have families to take care of, have a limited education and are not as spoilt for choices as graduates or engineers. Regardless of the struggles of the company and with a little help from family and friends, I tried my best and has been successful in paying for their salaries on time and provide for their accommodation - Some of them have never been out of their villages.

Now, we are at a phase, where I have started looking for talent of a different sort - creative people like designers, for accounting and customer service. We are based in a very small town, so it works both ways - its difficult to find talent and at the same time, there are people who find it difficult to find jobs.

I have come up with a few notes to figure out how to hire the right people. Some of them are :

1) Integrity : I would rather prefer an employee with limited talent and exceptional integrity rather than the other way round.

2) Relatives : I am a bit confused on this one. When you are very small as a company, it is incredibly difficult to attract talent so one way is to find people who are relatives and looking for work and work out a mutual benefit thing. I just think it may get a bit complicated so I have skipped on this one.

3) Friends : When you start up, you have a host of friends who encourage you and some of them may just be bored with their jobs and looking for that opportunity. Since you know them for long, you know traits about them and hidden talents which most other companies may not have found. Once I am ready to offer something substantial - a reasonable package or equity, this is definitely something that I look at.

4) Interviewing : I look out for resumes and interview people but this one is time taking and sometimes it takes a while to find the right candidate and that works out for everyone.

Let me know if you faced any of these. It will be cool to know what other startups, especially with low capital and a techno-functional businesses are doing this.

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