The most important thing you have to do in order to choose the right people for your start-up team is to know exactly what ‘right’ means for your business. Once you outline what professional skills and personal qualities your employees need to possess, you can start looking for the perfect matches to all your positions. To succeed in this, you’ll need to use progressive psychology, curb your ambitions, keep track of your goals, and factor in shared values.
4 Tips on How to Choose the Best People for a Start-Up Team
Rely on I/O psychology
I/O psychology, also known as industrial-organizational psychology, contains guidelines you should base your employment decisions on. It accounts for the specific requirements of businesses and is based on scientific study of human behavior instead of personal impressions.
If you base your decisions on I/O psychology, you will be able to reduce the inefficiency of personal interviews. Note that they’ve been considered one of the worst recruitment techniques because interviewers can’t prevent personal bias. Humans judge others on the subconscious level and more often than not one will hire someone they liked as a person instead of making a 100% objective decision for the good of the business. I/O psychology prevents this as it allows you to assess a person from the point of view of their ability to be productive for your company.
#1 Choose people who can align with your company’s values and culture
Culture becomes a greater motivator for workers as their salary grows and therefore their financial need decreases. However, good company values and culture are appreciated by everyone, even those for whom money is priority.
A team that all shares the same values is sure to be more productive. This also should help reduce employee turnover.
If you struggle to afford highly-qualified professionals who meet this requirement, look for ways your business can save money so you find the extra funds needed to hire perfect people for your start-up. One of the methods you definitely should consider using is PEO. This organization will help you save money on taxes as well as take over most aspects of staff management, freeing more finds. These businesses are getting more popular but their services and reliability vary, so be sure to get a professional PEO comparison. Armed with a detailed analysis of the best options for your business, you’ll be able to pick the perfect PEO and boost your business immediately by hiring perfect people for a start-up.
#2 Look at experience not only skill
Obtaining specialized education and mastering some skill are worthy achievements. However, they do not guarantee that a person can use those skills efficiently. On the other hand, someone without a degree might be exceptionally good at some task.
As an entrepreneur who needs to choose perfect people for a start-up team you need to make sure that your staff has experience to back them up. Your business hardly has any and training employees while trying to get it up and running will stretch your resources too thin.
#3 Don’t let yourself be swayed and dazzled
One of the most important things to remember when choosing a perfect team for a start-up is to always keep track of your ultimate goals. Don’t pick a person who has some rare skill or vast experience simply because of these qualities.
Pick them because they perfectly fit into your business’ development plan. If they don’t you won’t be able to benefit from them and will waste time and money.