With more startups failing within the first year than ever before, it’s never been more important to make sure that you recruit the right talent when embarking on a new business venture.
Even if you’re very experienced and knowledgeable as an entrepreneur, you’ll know that having the right talent on board is essential when it comes to the future growth and success of your new company.
Hiring the right professionals, contractors, and employees to work for your new company and brand is imperative to your success. But, where can you find the best talent? We’ve put together a guide for recruiting only the best startup talent.
Recruiting graduates straight out of business school is a great way to get your pick of the freshest new talent. Online MBA students such as those from the University of Maryland have most likely undergone an undergraduate degree in a business or business-related subject.
And gone on to study for an MBA degree online whilst working full- or part-time, bringing not only academic knowledge, but valuable previous experience to your start-up.
MBA graduates are some of the most sought after in the world, and although recruiting somebody with this level of education may be costly, it can definitely be a worthwhile investment.
If you’re looking for professionals who are keen to get started and eager to learn and progress, the first place that you should be looking to recruit is business schools. Many business students are budding entrepreneurs, and often will jump at the chance to get some hands-on experience of running a startup.
Although you can’t be successful with just business students alone, recruiting business interns can be a great way to get some help and find future potential job candidates for your business.
Business networking events can be a great place to start when it comes to recruiting the right people for your startup. When you attend a networking event, you’ll be able to meet potential new job candidates face-to-face, making the whole process of selecting the right people who you’d like to ask to work for you a lot faster.
However, the downfall of these events is that not everybody there will be looking for a job, and other participants may also be hiring, so be prepared for potential competition.
Once you’ve received some suitable candidates for positions within your startup, you’ll need to ensure that you’re making the right decisions about who you hire. One of the best ways to do this is to give candidates a task to complete as part of the interviewing process.
Whether it’s a group or individual task, this is the easiest way to see exactly how competent they are and decide whether or not they will be a good fit before you hire.
When it comes to successfully launching a startup and steering it towards future growth and success, it’s vital to ensure that you have the right people on board. Looking in the right places and being careful who you choose is essential for getting the right team together.