Recruiting Talent For Your Team
One of the critical outputs of your business plan should be the identification of the key positions you will need to fill to build your product(s) and grow your company.
The next task at hand will be to find the right people to fill those positions. In this section, we provide some ideas on how to find and attract the right people for your company.
  • Where To Find The Right People
  • How To Interview Potential Candidates
WHERE TO FIND THE RIGHT PEOPLE:
The quick and easiest way to find people for your business is to use a retained search firm. The main problem with this is that they are expensive (with fees sometimes running anywhere between 30% to 50% of the candidates first year's salary). Since you're operating as a start-up, you need to conserve cash. Here is a list of some other less expensive ways to find prospective hires:
  1. Internet posting sites:
    1. Monsterboard.com
    2. Careerbuilder.com
    3. Careerone.com
    4. Careermosaic.com
    5. Careermart.com

  2. Professional societies: Many professional societies, like the American Society For Mechanical Engineers (ASME), maintain a list of resumes of members looking for jobs. Here are some other sites:
    1. American Institute Of Chemical Engineers
    2. American Society Of Civil Engineers
    3. Institute Of Electrical and Electronics Engineers
    4. International Society For Optical Engineering
    5. Financial Executive Institute

  3. Career placement offices at colleges and universities


  4. Services Firms like your accounting auditors and/or will have resumes given to them my former clients who are looking for new jobs. It is always a good idea to periodically check in with the partners in these firms to check over the resumes they have.