Small Businesses

Who Should Your First Hire Be?

  • 3 min Read
  • February 8, 2021

Author

Tasnim Ahmed
Tasnim Ahmed

Tasnim Ahmed is a content writer at Escalon Business Services who enjoys writing on a multitude of subjects that include finops, peopleops, risk management, entrepreneurship, VC and startup culture. Based in Delhi NCR, she previously contributed to ANI, Qatar Tribune, Marhaba, Havas Worldwide, and curated content for top-notch brands in the PR sphere. On weekends, she loves to explore the city on a motorcycle and binge watch new OTT releases with a plateful of piping hot dumplings!

Table of Contents

Being an entrepreneur brings with it many new challenges and opportunities. Once you have planted the seeds for your business, you water it, nurture it, and then it takes shape and grows. Therefore, the first person you bring on board after you launch holds special importance. That person needs to be passionate, loyal, trustworthy, and someone who doesn’t quit.

As a new business owner, you need to reach out to people with varied expertise, and your business will gain immensely from their association. Therefore, you not only have to bring on a person who can work alongside you, but also someone who will bring value to your endeavor. The person should share your vision, and have the same goals in mind.

Consider evaluating the following traits as you consider who to bring on:

 

  • A self-motivated person, who can be tough when necessary.
  • A person who can stand alone and who has similar experience from their last job/outing.
  • Someone who is confident, but not bordering on arrogance.
  • Someone who has the same interests and passions as you. This gives you common ground as you build your relationship.
  • You should be able to trust them.
  • They should believe in your mission.
  • Make sure to get a person who is enthusiastic and passionate, and believes in the program, rather than someone who’s just looking for a salary.
  • Consider a person who can get their hands dirty, and not a pencil pusher. Chances are that being a new business, there will be times when everyone has to pitch in equally.

What Do You Require?

The new hire should be someone who complements your set of qualities, but also has skills you don’t possess. Also consider what their role should be, if they should get shares of the company, whether they’ll come on full-time or part-time, and other options.

Evaluate the Hire

All startups or businesses have different needs and wants, and also different requirements. Make sure the person you select is the best fit for the job and role. For any startup, when hiring for roles, the focus should be on strengthening both internal and external relationships of the business. Your company values, ethos, and culture should also be kept in mind when making the choice.

Normally, a startup requires the following roles early on:

  • Chief Executive Officer (CEO)
  • Chief Operations Officer (COO)
  • Chief Technology Officer (CTO)
  • Chief Marketing Officer (CMO)
  • Chief Financial Officer (CFO)
  • Product Manager
  • Sales and Marketing
  • Business Development Manager
  • Customer Service

Because budget always plays a primary role in any business effort, there should be a conscious decision in hiring based on what you can afford. An experienced person might be able to do more and add value to your business proposition rather than a newbie straight out of business school. These kinds of decisions will have to be made by you.

Your first hire is a huge step, and you need to do things the right way. It could be a daunting task, but if your first hire remains there for the long haul, that alone will be a great achievement you can be proud of.

You can also think outside the box and look into outsourcing. Many companies successfully outsource their staffing, recruitment, taxation, finance, operations, and customer care to companies who have the expertise. They will do the job for you, and also be very professional about it. It tends to act as a force multiplier.

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

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