This one still comes up in our partner meetings. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hey entrepreneur,
My partner Ryan tells this story all the time, and it still makes me cringe...
We hired a CFO who was basically a glorified bookkeeper. Paid them $200,000 a year. For two years. Because the interview went great and he had a good feeling about them.
That single hire cost well over a million dollars when you add up the salary plus the growth we left on the table.
The problem wasn't sourcing. Ryan found a solid candidate. The problem was there was no system for evaluating the things that actually predict whether someone's going to succeed in the role. No structure. No scoring. Just gut feel.
That experience is why we built the Founder First Hiring Scorecard. It's the evaluation framework we use across all 48 of our portfolio companies now. It scores candidates on the traits that actually matter (not just skills) so you see the red flags before you make the offer.
And it's free:
Get the Founder First Hiring Scorecard →
I'm confident this will change how you think about your next hire.
Talk soon,
Richard
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