Great article topic for discussion. I have founded and co-founded four startups. Human Resources and hiring and keeping talent is the achilles heel of every startup. That is where more planning and focus comes into effect. But more important is to attract talent and keep them motivated by the mission and recognition. Then there is the compensation issue. As they say salary is a dis-satisfier never a satisfier. Overall I have had a few consultants and 30 to 40 full-time staff in the various startups. There is no way I think I could have had the focus and loyalty needed in the hectic startup world without full-time employees. Each one was offered stock options with good benefits when we could afford it.
Great article topic for discussion. I have founded and co-founded four startups. Human Resources and hiring and keeping talent is the achilles heel of every startup. That is where more planning and focus comes into effect. But more important is to attract talent and keep them motivated by the mission and recognition. Then there is the compensation issue. As they say salary is a dis-satisfier never a satisfier. Overall I have had a few consultants and 30 to 40 full-time staff in the various startups. There is no way I think I could have had the focus and loyalty needed in the hectic startup world without full-time employees. Each one was offered stock options with good benefits when we could afford it.