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Avoid Hiring Pitfalls When Staffing a New Venture

Startup Professionals Musings

By Ernst Gemassmer Hiring the right people into the right positions of a new company is critical to getting funded, and the right people are as critical to success as the funding. Yet the hiring process in most small companies is usually haphazard, and low priority compared to all the other work that needs to get done.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

Given the bank more “warrant coverage.&#. o Early on they hired 3 people from ACT software at once (more team hiring) on staff and supplement it with Agency (in LA worked with First Communications – good). Called Tim Spicer (c-companies partner) and he told him matt, they only want one thing, more warrant coverage!!!

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? About 18 months ago in early 2008 we hired an analyst (pre-MBA), but wanted to wait until after Summer to hire a post-MBA associate.

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Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

It is a truism that with more capital you will hire people more quickly and spend more liberally whether it’s on external contractors, PR firms, attending events, doing legal work (trademarks, patents) or whatever. You will build out features or expend to platforms — often before you have enough market feedback to warrant it.

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Outsourcing: The Question Isn’t “Should I?” But “How Do I?”

YoungUpstarts

Your biggest choice here is whether you want to outsource the individual components of your web presence to separate companies or hire a one-stop-shop operation to manage everything for you under the same room. Outsourcing Your Web Needs. The latter is definitely the easier way to go. Remember: outsourcing doesn’t have to be a negative thing.

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How a startup should leverage a personal assistant

A Smart Bear: Startups and Marketing for Geeks

A virtual assistant (VA) is a remote worker hired to complete tasks you should not be doing as the founder of a startup. As I've automated pieces of my businesses, I've noticed an interesting trend: nearly anything I try to automate is easier to outsource first, then automate down the line once the volume warrants it. Full-time VAs.

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Be Careful not to be Penny Wise, Pound Foolish

Both Sides of the Table

I will quote one portfolio company CEO who said about his office manager, “Mark, this is the most important hire we made last year. Hire a part-time accounting clerk to do the data entry and prepare the monthly books. I have freed up so much of my time to focus on the important stuff.&#.

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