“Employees are the most valuable assets of a company”. This statement is correct for most organizations and it is extremely correct for startups, in which no other assets such as branding and products exist yet. As a result, hiring the “right” people is very essential for the success of a startup, especially where one employee can represent 20% or even 50% of the company’s workforce.
- Top talented: Startup is all about innovation, creativity and differentiation and you really need the top talented team members to achieve those. You will need what is so-called the “A players” because “A players” will attract other “A players” whereas “B players” only hire “C players” due to the fact that “B players” are less confident in their talent and they prefer working with people who are not better than them.
- Flexible and agile: Startup is all about trial and error to figure out the business model that works. As a result, your team members need to be flexible and agile enough to make the changes or at least to adapt to changes. In a startup company, people should be willing to pivot, even when that means they need to throw away all the existing progress.
- “Can do” attitude: Startup is usually about new products, new technologies, new solutions; something that have never been done before. As a result, it is very important that the team members must have a “can do” attitude, the willingness to try new thing and do not afraid of failure. In my opinion, young employees are usually better than senior employees in terms of this “can do” attitude. From my experience, senior employees, who have more knowledge and experience, usually use their knowledge and experience to prove the impossibles the ideas, not the other way around.
- “Get shit done” attitude: For a startup, it is more important to get the task done than to follow certain process to achieve it. As a result, team members should be willing to do whatever it is necessary to achieve the result. It is quite normal in a startup that: I don’t care how you gonna do it, I just need to get it done.
- Risk-taker: Startup is all about opportunities, and of course, about risks. Working in a startup company is a risk itself. Team members should be willing to take risks to seize the opportunities.
- Self-motivated: It is very important for a team member to be self-motivated in a startup company due to the fact that others (including the founder) will not have enough time, and also responsibility, to motivate him. Self-motivation can be achieved if team members have strong belief in the vision of the company. From my experience, employees without self-motivation can not wait until the startup succeeds.
- Multi-roles player: Members of a startup should be able to play multiple roles at the same time due to the fact that startup usually has just a few people in the early date. In the first startup company that I worked for, I played the roles of a Developer, a Project Manager and a HR Manager, all at the same time.
Some of the characteristics in this list are good for every type of organization, not just the startup ones, such as top talented and self-motivated. Others may only be appropriate for startups such as risk-taker and multi-roles player. One more important thing is that it is essential for the employees to fit into the startup culture, which is driven by the strategic plan.
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Good article. On a relevant note I’d written Why Fresh Grads prefer to work in Start-ups…
Let me know your opinion…