Categories
Bootstrapping a Company 101

Startup Hiring & Homework to make sure Employee will enjoy

  • Indeed
  • Employee Referrals
  • Quezx.com

Prerequisites

  • Purpose of Hiring
    • Job Description
      • Reviewed by all those working around the employee
    • One person should take the final call and the same person should be reporting manager
      • Ideally this person should be Subject Expert
      • He will ensure the day to day work and career growth of candidate once joins.
      • If already subject experts are not available in the company, then take help of mentor from other company with same subject expertise
    • One person from Business side should take the final call
      • To ensure, from business side enough projects can be arranged and financially budget for the employee is available
      • Mostly speaks less directly, Involves at the time of promotions and announcements

in startup expecting everything well planned is not practical, but to walk towards a better structure and culture. It would be nice to have

  • A employee might be junior eagerly want the new person
  • Explaining what all the benefits fellow employees will get when new employee joins
  • So fellow employees will create a space to the new person coming into the team.

Do’s & Don’ts

  • Always hire through tough interviews
    • Yes you have to make it more and more tougher, It consumes lot of time
    • Take paid help from subject experts if you don’t have enough knowledge in the interview to ask challenging questions
Categories
Bootstrapping a Company 101

Administration – office, rent, salary

Startup bootstrapping is really interesting.

But normally most of the young entrepreneurs comes with few years of experience or from premium institutes.

Looking at 2020, most of the startups are Technology driven and most of the founders starting with previous experience in one area

So you have to start working for administrative work like

  • Setup a office
  • Taking a internet connection
  • Involving in Hiring
  • Processing Payroll, Sharing payslips
  • Setting up the process
  • Answering to customers
  • Ordering or Arranging coffee etc of employees

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