If one person is important in a team of twenty or fifty, then one person is even more important in a business that only has 5 or 6 employees. So will the demands on your employees. See who can recommend someone with the skills you’re seeking. Here are the points to cross off your list before you actually start meeting with potential new employees. People may disagree, but this is one of the best ways to hire the right employee for your business. On the flip side, the wrong hiring choices can be financially and emotionally devastating. Hiring is critical for any organization but can be especially key in a startup. Hiring Employees Guide-- Tax information about employee hiring, from the Internal Revenue Service. You know all of their strengths, weaknesses, skills, knowledge, attitudes, behavior, confidence levels, and even practical evidence of work. First, you don’t need someone who has the same skills as yourself. Taner Halicioglu, Facebook's first engineering hire, is now rich enough to donate $75,000,000+ to UC San Diego. Large companies have the financial flexibility... Seek Out High Levels of Competitiveness. Hold onto your existing talent. Sometimes, current connections are the perfect tool for finding new hires. Start by visiting the IRS website, since the IRS encourages companies to apply for an employee ID number online. How to Recruit and Hire Top People for a Startup Given my experience co-founding Standout Jobs (which I sold in 2010), I’ve written a fair number of posts about sourcing, recruiting and hiring. 5. 6. You need more revenue in order to hire employees, but you need to hire employees in order to get more revenue. For a startup, the first few hires can be critical: Bringing on a new team member is a hefty financial and personal commitment, and only the right choices will allow a company to scale. Small companies and startups usually struggle with a lack of knowledge, resources and time to hire. Employment Law Guide-- Help for business owners on hiring policies, from the U.S. Department of Labor. Offer challenging projects. They struggle to find, attract and select the right people for their open positions and company. 4 Options for Paying Employees When Starting a Small Business. Get your EIN . Word of mouth; Talk to everyone you know. 1. Social media can be one of the best platforms to hire talented employees for your startup. 2. 4 min read. Outside your geographic area 4. Get an Employee Identification Number (EIN) An EIN is a nine-digit number assigned by the IRS that identifies you as a business entity and allows you to legally hire employees. So, go for the people you think you can’t get. The decision to choose an early-stage startup comes down to motivation. Ebooks › Startup Hiring Guide › What to Look For: Hiring for a Startup Punch above your weight A startup literally is its team in the beginning. Hire your fans. Before you begin searching for a new employee, you need to document exactly what you want that person to do. As you hire, focus on the personal and professional growth of your employees. Be a great place to work. How to Hire Employees for Your Startup 1) Build an Attractive Company. Set a Probation Period for New Hires. Competitiveness is an asset in the workplace. These are the people who will signal your ambition and set your limits. Build your company with a mission and vision. 1. Don’t Hire Yourself. This is a big mistake for many reasons. However, it is the greatest challenge to hire an ideal person who will take care of the needs of a particular designation. Consider hiring remote employees. Paying employees when starting a small business often presents entrepreneurs with a catch-22. A startup needs a diversity of backgrounds and styles, and duplicating the ones that you already have is a waste of money. Startups, more so than some businesses, carry a high risk due to the their unpredictable nature. Get Specific on the Work You Need an Employee to Do. But only for startups with investors. They don’t have a dedicated in-house recruiter with the right hiring expertise and experience. 3. 4 years ago. 7. Early-stage employees, overall, are driven by high-risk, high-reward opportunities—a very different motivator than you might find in a later-stage hire. It is extremely important to find the right employees for filling up the key positions that are there in the business startup that you own. Before you hire your first employee, you’ll need to … Start building your brand from day one. by Alex Liu. How to Hire the Ideal Employees for Your Startup Value Specialized, Relevant Skills. Download our free How to Hire Employees checklist following these seven steps. 9 Ways to Recruit the Best Talent for Your Startup 1. 1. A common bias when hiring a startup employee is to choose the candidate that is most like you.